Victory Electronic Cigarettes Corp

EDGAR

53 filing records in this dataset, filed from 2007-09-12 to 2016-11-16. Reported financial figures are available; chart coverage varies by period.

Watchlist

Latest quarter

Revenue

9.73 million USD

2016 Q3 · USD

Exact inputs and evidence

Operating margin

-56%

2016 Q3 · %

Exact inputs and evidence
  • Operating Income: -5446000 USD Source
  • Revenue: 9725000 USD Source

Operating cash flow

-3.07 million USD

2016 Q3 · USD

Exact inputs and evidence
  • Operating Cash Flow: -8786000 USD Source
  • Operating Cash Flow: -5720000 USD Source

Free cash flow

-3.31 million USD

2016 Q3 · USD

Exact inputs and evidence
  • Operating Cash Flow: -8786000 USD Source
  • Operating Cash Flow: -5720000 USD Source
  • Capital Expenditure: 869000 USD Source
  • Capital Expenditure: 622000 USD Source
Cash and cash equivalents
946 thousand USD Source
Exact value

946000 USD

Long-term debt including current maturities
106 million USD Source
Exact value

105546000 USD

Shares outstanding
109 million shares Source
Exact value

108783187 shares

Reported share-count change

48.71% · 35.6 million shares

Year-over-year change in reported shares. Splits, issuance and buybacks can affect this figure; it does not isolate employee compensation or economic dilution.

Exact inputs and evidence
  • 73149084 shares · 2015-09-30· Source
  • 108783187 shares · 2016-09-30· Source

Trailing twelve months

The four most recent complete quarters added together. This gives a full-year view that includes the latest quarterly results.

Capital expenditure

1.26 million USD

2015-10-01 – 2016-09-30

Exact inputs and evidence
  • Capital expenditure: 1872000 USD · 2015-01-01 – 2015-12-31 Source
  • Capital expenditure: 1483000 USD · 2015-01-01 – 2015-09-30 Source
  • Capital expenditure: 255000 USD · 2016-01-01 – 2016-03-31 Source
  • Capital expenditure: 622000 USD · 2016-01-01 – 2016-06-30 Source
  • Capital expenditure: 255000 USD · 2016-01-01 – 2016-03-31 Source
  • Capital expenditure: 869000 USD · 2016-01-01 – 2016-09-30 Source
  • Capital expenditure: 622000 USD · 2016-01-01 – 2016-06-30 Source

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2016-11-16.

Financial data available through: 2015-12-31.

Coverage by financial measure
  • Revenue: 8 of 11 periods available· newest 2015-12-31
  • Operating income: 2 of 11 periods available· newest 2015-12-31
  • Net income: 11 of 11 periods available· newest 2015-12-31
  • Operating cash flow: 9 of 11 periods available· newest 2015-12-31
  • Capital expenditure: 5 of 11 periods available· newest 2015-12-31
  • Total assets: 8 of 11 periods available· newest 2015-12-31
  • Total liabilities: 8 of 11 periods available· newest 2015-12-31
  • Current assets: 4 of 11 periods available· newest 2015-12-31
  • Current liabilities: 4 of 11 periods available· newest 2015-12-31
  • Cash and cash equivalents: 7 of 11 periods available· newest 2015-12-31
  • Long-term debt including current maturities: 2 of 11 periods available· newest 2015-12-31
  • Shares outstanding: 6 of 11 periods available· newest 2015-12-31

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    +21.3%

    Prior period

    USD 44.69 million

    –

    Current period

    USD 54.23 million

    –

    Exact inputs and evidence

    54227000 − 44690000 = 9537000 USD

    44690000 USD · 2014-01-01 – 2014-12-31

    Inspect prior input Prior source

    54227000 USD · 2015-01-01 – 2015-12-31

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  • Net income

    +USD 344.63 million

    Prior period

    −USD 388.84 million

    –

    Current period

    −USD 44.22 million

    –

    Exact inputs and evidence

    -44215000 − -388844000 = 344629000 USD

    -388844000 USD · 2014-01-01 – 2014-12-31

    Inspect prior input Prior source

    -44215000 USD · 2015-01-01 – 2015-12-31

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  • Operating cash flow

    +USD 3.53 million

    Prior period

    −USD 29.73 million

    –

    Current period

    −USD 26.21 million

    –

    Exact inputs and evidence

    -26207000 − -29733000 = 3526000 USD

    -29733000 USD · 2014-01-01 – 2014-12-31

    Inspect prior input Prior source

    -26207000 USD · 2015-01-01 – 2015-12-31

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  • Capital expenditure

    +44.2%

    Prior period

    USD 1.3 million

    –

    Current period

    USD 1.87 million

    –

    Exact inputs and evidence

    1872000 − 1298000 = 574000 USD

    1298000 USD · 2014-01-01 – 2014-12-31

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    1872000 USD · 2015-01-01 – 2015-12-31

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Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2015 2015-01-01 – 2015-12-31

  • Revenue USD 54.23 million 100% of revenue
  • Cost of revenue USD 23.76 million 44% of revenue
  • Operating expenses USD 75.11 million 139% of revenue
  • Operating income −USD 44.64 million −82% of revenue
  • Tax, interest and other Derived −USD 425,000 −0.8% of revenue
  • Net income −USD 44.22 million −82% of revenue

Cash

  • Operating cash flow −USD 26.21 million −48% of revenue
  • Capital expenditure USD 1.87 million 3.5% of revenue
  • Free cash flow Derived −USD 28.08 million −52% of revenue

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2008 Not shown: operating income or net income is not reported.
  • 2009 Not shown: operating income or net income is not reported.
  • 2010 Not shown: operating income or net income is not reported.
  • 2011 Not shown: operating income or net income is not reported.
  • 2012 Not shown: operating income or net income is not reported.
  • 2013 Not shown: operating income or net income is not reported.
  • 2014 Operating loss: operating costs were 598% of revenue.
  • 2015 Operating loss: operating costs were 182% of revenue.
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2008 2008-01-01 – 2008-12-310 UnavailableUnavailableUnavailable-38328 Unavailable
Source
2009 2009-01-01 – 2009-12-310 UnavailableUnavailableUnavailable-50104 Unavailable
Source
2010 2010-01-01 – 2010-12-310 UnavailableUnavailableUnavailable-45120 Unavailable
Source
2011 2011-01-01 – 2011-12-310 UnavailableUnavailableUnavailable-51372 -44281 Derived
Source
2012 2012-01-01 – 2012-12-311470204 UnavailableUnavailableUnavailable-478170 -590515 Derived
Source
2013 2013-01-01 – 2013-12-313102729 UnavailableUnavailableUnavailable-20706448 -2033710 Derived
Source
2014 2014-01-01 – 2014-12-3144690000 267126000 Derived -222436000 166408000 Derived -388844000 -31031000 Derived
Source
2015 2015-01-01 – 2015-12-3154227000 98867000 Derived -44640000 -425000 Derived -44215000 -28079000 Derived
Source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 54.2M 2015
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.58.6M43.9M29.3M14.6M0.0200820122015
Values and sources
Revenue values and source evidence
PeriodSeriesValue(USD)Source evidence
2008Revenue0
2009Revenue0
2010Revenue0
2011Revenue0
2012Revenue1470204
2013Revenue3102729
2014Revenue44690000
2015Revenue54227000

Revenue growth

Change in revenue from the same financial period one year earlier.

21.3% 2015
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.1,448%1,086%724%362%0%200820122015
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2008Year over yearNo prior comparable period
2009Year over yearNo prior comparable period
2010Year over yearNo prior comparable period
2011Year over yearNo prior comparable period
2012Year over yearNo prior comparable period
2013Year over year111%
2014Year over year1,340.3%
2015Year over year21.3%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin -82.3% 2015
Net margin -81.5% 2015
Free cash flow margin -51.8% 2015
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.70%-183%-435%-687%-940%2008-12-312012-12-312015
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2008-12-31Operating marginNot reported
2009-12-31Operating marginNot reported
2010-12-31Operating marginNot reported
2011-12-31Operating marginNot reported
2012-12-31Operating marginNot reported
2013-12-31Operating marginNot reported
2014Operating margin-497.7%
2015Operating margin-82.3%
2008Net marginNot reported
2009Net marginNot reported
2010Net marginNot reported
2011Net marginNot reported
2012Net margin-32.5%
2013Net margin-667.4%
2014Net margin-870.1%
2015Net margin-81.5%
2008Free cash flow marginNot reported
2009Free cash flow marginNot reported
2010Free cash flow marginNot reported
2011Free cash flow marginNot reported
2012Free cash flow margin-40.2%
2013Free cash flow margin-65.5%
2014Free cash flow margin-69.4%
2015Free cash flow margin-51.8%

Operating cash flow

Cash generated by the company’s normal business operations.

USD -26.2M 2015
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.2.4M-6.2M-14.9M-23.5M-32.1M200820122015
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2008Operating cash flow-32279
2009Operating cash flow-34009
2010Operating cash flow-32154
2011Operating cash flow-44281
2012Operating cash flow-590515
2013Operating cash flow-2004325
2014Operating cash flow-29733000
2015Operating cash flow-26207000

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

USD -28.1M 2015
Free cash flow historyOperating cash flow minus capital expenditure for the same period and unit. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.2.5M-6.5M-15.5M-24.5M-33.5M200820122015
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2008Free cash flowUnavailable
2009Free cash flowUnavailable
2010Free cash flowUnavailable
2011Free cash flow-44281
2012Free cash flow-590515
2013Free cash flow-2033710
2014Free cash flow-31031000
2015Free cash flow-28079000

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

175.4% 2015
Liabilities to assets historyTotal liabilities as a share of total assets. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.13,826%10,370%6,913%3,457%0%200820122015
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2008Liabilities / assets946.5%
2009Liabilities / assets2,759.4%
2010Liabilities / assets12,802.3%
2011Liabilities / assetsNot reported
2012Liabilities / assets184.4%
2013Liabilities / assets732.1%
2014Liabilities / assets200.3%
2015Liabilities / assets175.4%

Current assets to current liabilities

Current assets divided by current liabilities.

0.12× 2015
Current assets to current liabilities historyCurrent assets divided by current liabilities. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.1.11×0.83×0.55×0.28×0.00×2008-12-3120122015
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2008-12-31Current assets / current liabilitiesNot reportedNo source recorded
2009-12-31Current assets / current liabilitiesNot reportedNo source recorded
2010-12-31Current assets / current liabilitiesNot reportedNo source recorded
2011-12-31Current assets / current liabilitiesNot reportedNo source recorded
2012Current assets / current liabilities0.54×
2013Current assets / current liabilities1.02×
2014Current assets / current liabilities0.11×
2015Current assets / current liabilities0.12×

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2006 2006-01-01 – 2006-12-31
−USD 28,443
Exact value

Exact value: -28443 USD

2006-01-01 – 2006-12-31: -28443 USD Inspect Net Income Open source
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Unavailable Not reported for this period.
Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Operating cash flow + Capital expenditure is unavailable for this period.

2007 2007-01-01 – 2007-12-31
−USD 90,966
Exact value

Exact value: -90966 USD

2007-01-01 – 2007-12-31: -90966 USD Inspect Net Income Open source
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−USD 51,621
Exact value

Exact value: -51621 USD

2007-01-01 – 2007-12-31: -51621 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2008 2008-01-01 – 2008-12-31
−USD 38,328
Exact value

Exact value: -38328 USD

2008-01-01 – 2008-12-31: -38328 USD Inspect Net Income Open source
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−USD 32,279
Exact value

Exact value: -32279 USD

2008-01-01 – 2008-12-31: -32279 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2009 2009-01-01 – 2009-12-31
−USD 50,104
Exact value

Exact value: -50104 USD

2009-01-01 – 2009-12-31: -50104 USD Inspect Net Income Open source
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−USD 34,009
Exact value

Exact value: -34009 USD

2009-01-01 – 2009-12-31: -34009 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2010 2010-01-01 – 2010-12-31
−USD 45,120
Exact value

Exact value: -45120 USD

2010-01-01 – 2010-12-31: -45120 USD Inspect Net Income Open source
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−USD 32,154
Exact value

Exact value: -32154 USD

2010-01-01 – 2010-12-31: -32154 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2011 2011-01-01 – 2011-12-31
−USD 51,372
Exact value

Exact value: -51372 USD

2011-01-01 – 2011-12-31: -51372 USD Inspect Net Income Open source
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−USD 44,281
Exact value

Exact value: -44281 USD

2011-01-01 – 2011-12-31: -44281 USD Inspect Operating Cash Flow Open source
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USD 0
Exact value

Exact value: 0 USD

2011-01-01 – 2011-12-31: 0 USD Inspect Capital Expenditure Open source
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−USD 44,281
Calculation and evidence

-44281 − 0 USD

Exact free cash flow: -44281 USD

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2012 2012-01-01 – 2012-12-31
−USD 478,170
Exact value

Exact value: -478170 USD

2012-01-01 – 2012-12-31: -478170 USD Inspect Net Income Open source
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−USD 590,515
Exact value

Exact value: -590515 USD

2012-01-01 – 2012-12-31: -590515 USD Inspect Operating Cash Flow Open source
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USD 0
Exact value

Exact value: 0 USD

2012-01-01 – 2012-12-31: 0 USD Inspect Capital Expenditure Open source
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−USD 590,515
Calculation and evidence

-590515 − 0 USD

Exact free cash flow: -590515 USD

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2013 2013-01-01 – 2013-12-31
−USD 20.71 million
Exact value

Exact value: -20706448 USD

2013-01-01 – 2013-12-31: -20706448 USD Inspect Net Income Open source
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−USD 2 million
Exact value

Exact value: -2004325 USD

2013-01-01 – 2013-12-31: -2004325 USD Inspect Operating Cash Flow Open source
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USD 29,385
Exact value

Exact value: 29385 USD

2013-01-01 – 2013-12-31: 29385 USD Inspect Capital Expenditure Open source
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−USD 2.03 million
Calculation and evidence

-2004325 − 29385 USD

Exact free cash flow: -2033710 USD

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2014 2014-01-01 – 2014-12-31
−USD 388.84 million
Exact value

Exact value: -388844000 USD

2014-01-01 – 2014-12-31: -388844000 USD Inspect Net Income Open source
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−USD 29.73 million
Exact value

Exact value: -29733000 USD

2014-01-01 – 2014-12-31: -29733000 USD Inspect Operating Cash Flow Open source
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USD 1.3 million
Exact value

Exact value: 1298000 USD

2014-01-01 – 2014-12-31: 1298000 USD Inspect Capital Expenditure Open source
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−USD 31.03 million
Calculation and evidence

-29733000 − 1298000 USD

Exact free cash flow: -31031000 USD

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2015 2015-01-01 – 2015-12-31
−USD 44.22 million
Exact value

Exact value: -44215000 USD

2015-01-01 – 2015-12-31: -44215000 USD Inspect Net Income Open source
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−USD 26.21 million
Exact value

Exact value: -26207000 USD

2015-01-01 – 2015-12-31: -26207000 USD Inspect Operating Cash Flow Open source
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USD 1.87 million
Exact value

Exact value: 1872000 USD

2015-01-01 – 2015-12-31: 1872000 USD Inspect Capital Expenditure Open source
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−USD 28.08 million
Calculation and evidence

-26207000 − 1872000 USD

Exact free cash flow: -28079000 USD

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Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

53 filings · 1,609 latest values · 1,598 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 0001398702, 1398702, ECIG, edgar:1398702, tckm

Also known as Electronic Cigarettes International Group, Ltd., TECKMINE INDUSTRIES INC., Victory Electronic Cigarettes Corp, Victory Electronic Cigarettes Corp.