Versant Media Group, Inc. — Financial Data
Annual figures from SEC EDGAR XBRL filings (10-K)
These figures are extracted directly from XBRL-tagged financial statements that Versant Media Group, Inc. filed with the SEC as part of its annual 10-K reports. XBRL (eXtensible Business Reporting Language) is a structured data format the SEC requires for machine-readable financial disclosures. Values shown are as reported — negative figures indicate a loss and are shown in red.
Revenue
Revenue recognized from contracts with customers under ASC 606, excluding taxes collected on behalf of government authorities. This is the primary revenue concept for many companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $6.69B | Mar 3, 2026 |
| FY2025 | Dec 31, 2024 | $7.06B | Mar 3, 2026 |
| FY2025 | Dec 31, 2023 | $7.45B | Mar 3, 2026 |
Net Income
The bottom-line profit — what remains after all operating expenses, interest, taxes, and other costs are deducted. A negative value means the company reported a net loss for the year.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $930.00M | Mar 3, 2026 |
| FY2025 | Dec 31, 2024 | $1.36B | Mar 3, 2026 |
| FY2025 | Dec 31, 2023 | $1.54B | Mar 3, 2026 |
Operating Income
Profit from core business operations before interest expense and income taxes (also known as EBIT). Excludes non-operating items, making it a cleaner measure of operational efficiency than net income.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $1.27B | Mar 3, 2026 |
| FY2025 | Dec 31, 2024 | $1.84B | Mar 3, 2026 |
| FY2025 | Dec 31, 2023 | $2.07B | Mar 3, 2026 |
SG&A Expense
Selling, general, and administrative expenses — the overhead costs of running the business, including salaries, marketing, legal fees, and corporate office costs. Excludes COGS and R&D.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $1.47B | Mar 3, 2026 |
| FY2025 | Dec 31, 2024 | $1.17B | Mar 3, 2026 |
| FY2025 | Dec 31, 2023 | $1.23B | Mar 3, 2026 |
Operating Cash Flow
Cash generated from core business operations — a more reliable measure of financial health than net income because it strips out non-cash items like depreciation and one-time charges.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $2.02B | Mar 3, 2026 |
| FY2025 | Dec 31, 2024 | $2.21B | Mar 3, 2026 |
| FY2025 | Dec 31, 2023 | $2.43B | Mar 3, 2026 |
Capital Expenditures (Capex)
Cash spent on acquiring or upgrading physical assets — property, equipment, and infrastructure. High capex businesses include manufacturing, telecom, and energy companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $167.00M | Mar 3, 2026 |
| FY2025 | Dec 31, 2024 | $54.00M | Mar 3, 2026 |
| FY2025 | Dec 31, 2023 | $56.00M | Mar 3, 2026 |
Total Assets
The total value of everything the company owns or controls — cash, investments, receivables, property, equipment, and intangibles. Reported as of fiscal year end.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $12.33B | Mar 3, 2026 |
| FY2025 | Dec 31, 2024 | $12.05B | Mar 3, 2026 |
Stockholders Equity
The net worth attributable to shareholders: total assets minus total liabilities. Also called book value. Can be negative if liabilities exceed assets, which is common in capital-intensive industries.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $10.29B | Mar 3, 2026 |
| FY2025 | Dec 31, 2024 | $10.80B | Mar 3, 2026 |
Goodwill
An intangible asset representing the premium paid above fair value when acquiring another company. A large goodwill balance signals a history of acquisitions at premium prices.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $7.61B | Mar 3, 2026 |
| FY2025 | Dec 31, 2024 | $7.73B | Mar 3, 2026 |
| FY2025 | Dec 31, 2023 | $7.73B | Mar 3, 2026 |
Cash & Equivalents
Highly liquid assets the company holds — cash on hand, bank balances, and short-term investments with maturities of three months or less. A key indicator of short-term financial health.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $55.00M | Mar 3, 2026 |
| FY2025 | Dec 31, 2024 | $8.00M | Mar 3, 2026 |