VTIX
VTIX
Virtuix Holdings Inc. Class A Common StockIncome Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q2-2025 | $984.81K ▼ | $1.94M ▼ | $-1.85M ▲ | -188.28% ▲ | $-0.06 ▲ | $-1.38M ▲ |
| Q1-2025 | $1.03M ▲ | $2.22M ▼ | $-2.31M ▲ | -223.53% ▲ | $-0.07 ▲ | $-2.01M ▲ |
| Q2-2024 | $522.88K ▲ | $2.42M ▼ | $-2.85M ▲ | -545.52% ▲ | $-0.09 ▲ | $-2.63M ▲ |
| Q1-2024 | $323.89K | $7.12M | $-7.2M | -2.22K% | $-0.25 | $-7.09M |
What's going well?
Gross profit and margins improved a lot this quarter, and the company cut its losses compared to last quarter. Operating expenses are coming down, which is a positive sign.
What's concerning?
Revenue is shrinking, and the company is still losing nearly twice as much as it brings in. Overhead and interest costs are very high, and share dilution is creeping up.
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q2-2025 | $564.57K ▼ | $5.68M ▲ | $6.67M ▲ | $-992.51K ▲ |
| Q1-2025 | $583.79K ▲ | $5.36M ▼ | $6.37M ▼ | $-1.01M ▼ |
| Q4-2024 | $477.91K | $5.78M | $6.57M | $-794.03K |
What's financially strong about this company?
Some assets are tangible, with $1.16 billion in property and equipment. Inventory is not piling up, and receivables are growing, suggesting ongoing business activity.
What are the financial risks or weaknesses?
The company has negative equity, high short-term debt, and not enough cash to pay its bills. Deferred revenue fell sharply, and losses have piled up over time.
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q2-2025 | $-1.85M ▲ | $-2.12M ▼ | $-19.08K ▼ | $2.12M ▲ | $-19.23K ▼ | $-2.14M ▼ |
| Q1-2025 | $-2.31M ▲ | $-1.51M ▲ | $-3.5K ▲ | $1.62M ▼ | $105.89K ▲ | $-1.52M ▲ |
| Q2-2024 | $-2.85M ▲ | $-2.41M ▲ | $-236.59K ▼ | $2.61M ▼ | $-40.81K ▼ | $-2.65M ▲ |
| Q1-2024 | $-7.2M | $-2.79M | $-224.83K | $3.5M | $479.25K | $-3.02M |
What's strong about this company's cash flow?
The net loss is shrinking, and the company is able to raise both debt and equity to keep operating. Non-cash expenses like stock comp and depreciation help soften the reported losses.
What are the cash flow concerns?
Cash burn is rising, working capital is a major drag, and the business can't fund itself without constant new borrowing and share issuance. Cash on hand is dangerously low.
5-Year Trend Analysis
A comprehensive look at Virtuix Holdings Inc. Class A Common Stock's financial evolution and strategic trajectory over the past five years.
Virtuix combines strong revenue growth with a clear technological edge in immersive VR hardware and AI-enhanced virtual environments. It enjoys early-mover status, a meaningful patent portfolio, and brand recognition in its niche. Its dual focus on consumer entertainment and higher-margin defense and enterprise training creates multiple avenues for future monetization and helps diversify potential revenue sources.
Financially, the company is in a fragile position: margins are deeply negative, cash burn is significant, leverage has risen quickly, liquidity ratios are weak, and equity has turned negative. Operationally, costs are not yet aligned with scale, with rising overhead and negative gross margins. Strategically, the business faces uncertain VR adoption, strong and potentially better-capitalized competitors, dependence on compelling content, and the need to scale manufacturing and enterprise sales without missteps.
The outlook depends heavily on execution. If Virtuix can improve unit economics, stabilize gross margins, and convert its technology and IP into scalable, higher-margin revenue streams—particularly via software, content, and enterprise contracts—its strong top-line growth and innovation could translate into a more durable business. Until then, the company remains in a high-risk, early-stage phase, reliant on external capital and exposed to swings in both market demand and investor appetite for loss-making growth stories.
About Virtuix Holdings Inc. Class A Common Stock
https://virtuix.comVirtuix Holdings, Inc.is a technology and entertainment company. It focuses on developing virtual reality (VR) hardware and software. The company was founded by Jan Goetgeluk on December 20, 2013 and is headquartered in Austin, TX.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q2-2025 | $984.81K ▼ | $1.94M ▼ | $-1.85M ▲ | -188.28% ▲ | $-0.06 ▲ | $-1.38M ▲ |
| Q1-2025 | $1.03M ▲ | $2.22M ▼ | $-2.31M ▲ | -223.53% ▲ | $-0.07 ▲ | $-2.01M ▲ |
| Q2-2024 | $522.88K ▲ | $2.42M ▼ | $-2.85M ▲ | -545.52% ▲ | $-0.09 ▲ | $-2.63M ▲ |
| Q1-2024 | $323.89K | $7.12M | $-7.2M | -2.22K% | $-0.25 | $-7.09M |
What's going well?
Gross profit and margins improved a lot this quarter, and the company cut its losses compared to last quarter. Operating expenses are coming down, which is a positive sign.
What's concerning?
Revenue is shrinking, and the company is still losing nearly twice as much as it brings in. Overhead and interest costs are very high, and share dilution is creeping up.
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q2-2025 | $564.57K ▼ | $5.68M ▲ | $6.67M ▲ | $-992.51K ▲ |
| Q1-2025 | $583.79K ▲ | $5.36M ▼ | $6.37M ▼ | $-1.01M ▼ |
| Q4-2024 | $477.91K | $5.78M | $6.57M | $-794.03K |
What's financially strong about this company?
Some assets are tangible, with $1.16 billion in property and equipment. Inventory is not piling up, and receivables are growing, suggesting ongoing business activity.
What are the financial risks or weaknesses?
The company has negative equity, high short-term debt, and not enough cash to pay its bills. Deferred revenue fell sharply, and losses have piled up over time.
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q2-2025 | $-1.85M ▲ | $-2.12M ▼ | $-19.08K ▼ | $2.12M ▲ | $-19.23K ▼ | $-2.14M ▼ |
| Q1-2025 | $-2.31M ▲ | $-1.51M ▲ | $-3.5K ▲ | $1.62M ▼ | $105.89K ▲ | $-1.52M ▲ |
| Q2-2024 | $-2.85M ▲ | $-2.41M ▲ | $-236.59K ▼ | $2.61M ▼ | $-40.81K ▼ | $-2.65M ▲ |
| Q1-2024 | $-7.2M | $-2.79M | $-224.83K | $3.5M | $479.25K | $-3.02M |
What's strong about this company's cash flow?
The net loss is shrinking, and the company is able to raise both debt and equity to keep operating. Non-cash expenses like stock comp and depreciation help soften the reported losses.
What are the cash flow concerns?
Cash burn is rising, working capital is a major drag, and the business can't fund itself without constant new borrowing and share issuance. Cash on hand is dangerously low.
5-Year Trend Analysis
A comprehensive look at Virtuix Holdings Inc. Class A Common Stock's financial evolution and strategic trajectory over the past five years.
Virtuix combines strong revenue growth with a clear technological edge in immersive VR hardware and AI-enhanced virtual environments. It enjoys early-mover status, a meaningful patent portfolio, and brand recognition in its niche. Its dual focus on consumer entertainment and higher-margin defense and enterprise training creates multiple avenues for future monetization and helps diversify potential revenue sources.
Financially, the company is in a fragile position: margins are deeply negative, cash burn is significant, leverage has risen quickly, liquidity ratios are weak, and equity has turned negative. Operationally, costs are not yet aligned with scale, with rising overhead and negative gross margins. Strategically, the business faces uncertain VR adoption, strong and potentially better-capitalized competitors, dependence on compelling content, and the need to scale manufacturing and enterprise sales without missteps.
The outlook depends heavily on execution. If Virtuix can improve unit economics, stabilize gross margins, and convert its technology and IP into scalable, higher-margin revenue streams—particularly via software, content, and enterprise contracts—its strong top-line growth and innovation could translate into a more durable business. Until then, the company remains in a high-risk, early-stage phase, reliant on external capital and exposed to swings in both market demand and investor appetite for loss-making growth stories.
CEO
Jan Roger Goetgeluk
Compensation Summary
(Year )
Ratings Snapshot
Rating : C+