Victory Commercial Management Inc. [Rocket]

Overview

Victory Commercial Management Inc.

Recent News + Filings (All items)

Date Filed	Type	Description
03/31/2021	NT 10-K	Form NT 10-K - Notification of inability to timely file Form 10-K 405, 10-K, 10-KSB 405, 10-KSB, 10-KT, or 10-KT405:
11/13/2020	10-Q	Quarterly Report for the period ended September 30, 2020
11/12/2020	8-K	Completion of Acquisition or Disposition of Assets, Financial Statements and Exhibits
10/22/2020	DEF 14C	Form DEF 14C - Other definitive information statements:
10/07/2020	PRE 14C	Form PRE 14C - Other preliminary information statements:
10/07/2020	8-K	Quarterly results
10/05/2020	8-K	Quarterly results

Revenue Mix by Segment

Financial Summary (All financials)

In millions, except per share items	Dec-31-19	Dec-31-18	Dec-31-17
Revenues	8.2	10.0	8.8
Revenue growth	-18.0%	13.6%
Cost of goods sold	0.0	0.0	0.0
Gross profit	8.2	10.0	8.8
Gross margin	100.0%	100.0%	100.0%
Sales and marketing	4.3	4.6	4.6
General and administrative	6.5	3.4	2.8
EBITA	-4.4	-0.7	-2.0
EBITA margin	-53.2%	-7.4%	-22.5%
Amortization of intangibles	0.0	0.0
EBIT	-4.4	-0.7	-2.0
EBIT margin	-53.3%	-7.5%	-22.5%
Pre-tax income	-11.1	-4.7	-7.0
Income taxes	-1.5	-1.0	-1.5
Tax rate	13.5%	20.5%	22.0%
Net income	-9.6	-3.8	-5.5
Net margin	-117.4%	-37.8%	-62.0%

Diluted EPS	($0.45)	($0.18)	($0.26)
Shares outstanding (diluted)	21.5	20.7	20.7

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.