VERU INC. (VERU) [Rocket]

Overview

VERU INC. (VERU)

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Recent News + Filings (All items)

Date Filed	Type	Description
10/02/2023	8-K	Entry into a Material Definitive Agreement, Financial Statements and Exhibits  Interactive Data
09/28/2023	SC 13G/A	Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend]
08/10/2023	10-Q	Quarterly Report for the period ended June 30, 2023
08/10/2023	8-K	Results of Operations and Financial Condition, Financial Statements and Exhibits  Interactive Data
07/28/2023	8-K	Quarterly results
06/12/2023	DEFA14A	Form DEFA14A - Additional definitive proxy soliciting materials and Rule 14(a)(12) material:
06/12/2023	DEF 14A	Form DEF 14A - Other definitive proxy statements:

Revenue Mix by Segment

Financial Summary (All financials)

In millions, except per share items	Sep-30-22	Sep-30-21	Sep-30-20	Sep-30-19	Sep-30-18	Sep-30-17	Sep-30-16	Sep-30-15
Revenues	39.4	61.3	42.6	31.8	15.9	13.7	22.1	32.6
Revenue growth	-35.8%	43.8%	33.9%	100.5%	16.2%	-38.3%	-32.1%	33.1%
Cost of goods sold	8.8	13.3	11.8	10.1	7.1	6.6	8.8	13.6
Gross profit	30.6	47.9	30.8	21.7	8.8	7.0	13.3	19.0
Gross margin	77.7%	78.2%	72.3%	68.1%	55.3%	51.4%	60.3%	58.2%
Selling, general and administrative	113.8	53.4	31.4	14.3	14.8	11.5	8.7	12.1
Sales and marketing							0.1
Research and development				13.7	10.9	3.1	0.1	0.2
EBITA	-81.7	0.8	-15.4	-6.1	-20.6	-7.4	4.5	6.6
EBITA margin	-207.7%	1.3%	-36.2%	-19.3%	-129.8%	-54.3%	20.3%	20.3%
Amortization of intangibles	0.1	0.1	0.3	0.3	0.3	0.1
EBIT	-81.8	0.7	-15.7	-6.4	-20.9	-7.6	4.5	6.6
EBIT margin	-207.8%	1.1%	-37.0%	-20.2%	-131.6%	-55.3%	20.3%	20.3%
Pre-tax income	-83.5	4.3	-20.1	-12.3	-23.1	-8.6	2.8	6.7
Income taxes	0.2	-3.1	-1.1	-0.3	0.9	-2.0	2.5	2.3
Tax rate			5.4%	2.5%		23.1%	87.7%	35.0%
Net income	-83.8	7.4	-19.0	-12.0	-23.9	-8.6	0.3	4.3
Net margin	-212.9%	12.1%	-44.5%	-37.8%	-150.9%	-63.0%	1.6%	13.3%

Diluted EPS	($1.05)	$0.09	($0.28)	($0.19)	($0.44)	($0.25)	$0.01	$0.15
Shares outstanding (diluted)	80.1	83.8	66.8	63.3	53.9	34.6	28.9	28.9

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