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VERSO TECHNOLOGIES INC

EDGAR
Annual report (10-K) · filed 2008-04-15

60 filing records in this dataset, filed from 1996-07-01 to 2008-04-15. Explore the available filing history and original sources.

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Latest quarter

Revenue

12.4 million USD

2007-12-31 · USD

Exact inputs and evidence

Operating margin

-69.01%

2007-12-31 · %

Exact inputs and evidence
  • Operating Income: -20109000 USD Source
  • Operating Income: -11521000 USD Source
  • Revenue: 50635000 USD Source
  • Revenue: 38191000 USD Source
Cash and cash equivalents
2.66 million USD Source
Exact value

2658000 USD

Long-term debt including current maturities
Not available
Shares outstanding
Not available

Trailing twelve months

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

Revenue

50.6 million USD

2007-01-01 – 2007-12-31

Exact inputs and evidence
  • Revenue: 12485000 USD · 2007-01-01 – 2007-03-31 Source
  • Revenue: 12570000 USD · 2007-04-01 – 2007-06-30 Source
  • Revenue: 13136000 USD · 2007-07-01 – 2007-09-30 Source
  • Revenue: 50635000 USD · 2007-01-01 – 2007-12-31 Source
  • Revenue: 38191000 USD · 2007-01-01 – 2007-09-30 Source

Net income

-27 million USD

2007-01-01 – 2007-12-31

Exact inputs and evidence
  • Net income: -5019000 USD · 2007-01-01 – 2007-03-31 Source
  • Net income: -6458000 USD · 2007-04-01 – 2007-06-30 Source
  • Net income: -5007000 USD · 2007-07-01 – 2007-09-30 Source
  • Net income: -27049000 USD · 2007-01-01 – 2007-12-31 Source
  • Net income: -16484000 USD · 2007-01-01 – 2007-09-30 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: 2008-04-15.

Financial data available through: 2007-12-31.

Coverage by financial measure
  • Revenue: 11 of 11 periods available· newest 2007-12-31
  • Operating income: 11 of 11 periods available· newest 2007-12-31
  • Net income: 11 of 11 periods available· newest 2007-12-31
  • Operating cash flow: 3 of 11 periods available· newest 1999-12-31
  • Capital expenditure: 3 of 11 periods available· newest 1999-12-31
  • Total assets: 11 of 11 periods available· newest 2007-12-31
  • Total liabilities: 11 of 11 periods available· newest 2007-12-31
  • Current assets: 11 of 11 periods available· newest 2007-12-31
  • Current liabilities: 11 of 11 periods available· newest 2007-12-31
  • Cash and cash equivalents: 11 of 11 periods available· newest 2007-12-31
  • long term debt: No compatible figures in this window
  • shares outstanding: No compatible figures in this window

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

    +19.1%

    Prior period

    USD 42.53 million

    –

    Current period

    USD 50.64 million

    –

    Exact inputs and evidence

    50635000 − 42530000 = 8105000 USD

    42530000 USD · 2006-01-01 – 2006-12-31

    Inspect prior input Prior source

    50635000 USD · 2007-01-01 – 2007-12-31

    Inspect current input Current source
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  • Net income

    −USD 9.27 million

    Prior period

    −USD 17.78 million

    –

    Current period

    −USD 27.05 million

    –

    Exact inputs and evidence

    -27049000 − -17776000 = -9273000 USD

    -17776000 USD · 2006-01-01 – 2006-12-31

    Inspect prior input Prior source

    -27049000 USD · 2007-01-01 – 2007-12-31

    Inspect current input Current source
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Comparable inputs unavailable for: Operating cash flow, Capital expenditure.

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.

2007 2007-01-01 – 2007-12-31

  • Revenue USD 50.64 million 100% of revenue
  • Cost of revenue USD 34.45 million 68% of revenue
  • Operating expenses USD 36.3 million 72% of revenue
  • Operating income −USD 20.11 million −40% of revenue
  • Tax, interest and other Derived USD 6.94 million 14% of revenue
  • Net income −USD 27.05 million −53% of revenue

Cash

  • Operating cash flow Unavailable An input is unavailable.
  • Capital expenditure Unavailable An input is unavailable.
  • Free cash flow Derived Unavailable An input is unavailable.

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 1998 Operating loss: operating costs were 104% of revenue.
  • 1999 Operating loss: operating costs were 152% of revenue.
  • 2000 Operating loss: operating costs were 189% of revenue.
  • 2001 Operating loss: operating costs were 129% of revenue.
  • 2002 Operating loss: operating costs were 122% of revenue.
  • 2003 Operating loss: operating costs were 108% of revenue.
  • 2004 Operating loss: operating costs were 156% of revenue.
  • 2005 Operating loss: operating costs were 147% of revenue.
  • 2006 Operating loss: operating costs were 129% of revenue.
  • 2007 Operating loss: operating costs were 140% of revenue.
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
1998 1998-01-01 – 1998-12-31114743743 118947802 Derived -4204059 2279391 Derived -6483450 -330968 Derived
Source
1999 1999-01-01 – 1999-12-3110017000 15195000 Derived -5178000 4660000 Derived -9838000 -4895742 Derived
Source
2000 2000-01-01 – 2000-12-3112732000 24024000 Derived -11292000 44190000 Derived -55482000 Unavailable
Source
2001 2001-01-01 – 2001-12-3129899000 38518000 Derived -8619000 138996000 Derived -147615000 Unavailable
Source
2002 2002-01-01 – 2002-12-3118479000 22496000 Derived -4017000 -1291000 Derived -2726000 Unavailable
Source
2003 2003-01-01 – 2003-12-3138139000 41216000 Derived -3077000 15210000 Derived -18287000 Unavailable
Source
2004 2004-01-01 – 2004-12-3132263000 50294000 Derived -18031000 20756000 Derived -38787000 Unavailable
Source
2005 2005-01-01 – 2005-12-3132873000 48397000 Derived -15524000 4536000 Derived -20060000 Unavailable
Source
2006 2006-01-01 – 2006-12-3142530000 54659000 Derived -12129000 5647000 Derived -17776000 Unavailable
Source
2007 2007-01-01 – 2007-12-3150635000 70744000 Derived -20109000 6940000 Derived -27049000 Unavailable
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 50.6M 2007
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.123.9M92.9M62.0M31.0M0.0199820032007
Values and sources
Revenue values and source evidence
PeriodSeriesValue(USD)Source evidence
1998Revenue114743743
1999Revenue10017000
2000Revenue12732000
2001Revenue29899000
2002Revenue18479000
2003Revenue38139000
2004Revenue32263000
2005Revenue32873000
2006Revenue42530000
2007Revenue50635000

Revenue growth

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

19.1% 2007
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.153%87%22%-44%-109%199820032007
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
1998Year over year10.6%
1999Year over year-91.3%
2000Year over year27.1%
2001Year over year134.8%
2002Year over year-38.2%
2003Year over year106.4%
2004Year over year-15.4%
2005Year over year1.9%
2006Year over year29.4%
2007Year over year19.1%

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 -39.7% 2007
Net margin -53.4% 2007
Free cash flow margin -48.9% 1999
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.39%-104%-247%-390%-533%199820032007
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
1998Operating margin-3.7%
1999Operating margin-51.7%
2000Operating margin-88.7%
2001Operating margin-28.8%
2002Operating margin-21.7%
2003Operating margin-8.1%
2004Operating margin-55.9%
2005Operating margin-47.2%
2006Operating margin-28.5%
2007Operating margin-39.7%
1998Net margin-5.7%
1999Net margin-98.2%
2000Net margin-435.8%
2001Net margin-493.7%
2002Net margin-14.8%
2003Net margin-47.9%
2004Net margin-120.2%
2005Net margin-61%
2006Net margin-41.8%
2007Net margin-53.4%
1998Free cash flow margin-0.3%
1999Free cash flow margin-48.9%
2000Free cash flow marginNot reported
2001Free cash flow marginNot reported
2002Free cash flow marginNot reported
2003Free cash flow marginNot reported
2004Free cash flow marginNot reported
2005Free cash flow marginNot reported
2006Free cash flow marginNot reported
2007Free cash flow marginNot reported

Operating cash flow

Cash generated by the company’s normal business operations.

USD -548.3K 1999
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.2.0M1.3M630.7K-53.1K-736.9K199820032007
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
1998Operating cash flow1809669
1999Operating cash flow-548289
2000Operating cash flowNot reportedNo source recorded
2001Operating cash flowNot reportedNo source recorded
2002Operating cash flowNot reportedNo source recorded
2003Operating cash flowNot reportedNo source recorded
2004Operating cash flowNot reportedNo source recorded
2005Operating cash flowNot reportedNo source recorded
2006Operating cash flowNot reportedNo source recorded
2007Operating cash flowNot reportedNo source recorded

Free cash flow

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

USD -4.9M 1999
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.391.7K-1.0M-2.4M-3.9M-5.3M199820032007
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
1998Free cash flow-330968
1999Free cash flow-4895742
2000Free cash flowUnavailableNo source recorded
2001Free cash flowUnavailableNo source recorded
2002Free cash flowUnavailableNo source recorded
2003Free cash flowUnavailableNo source recorded
2004Free cash flowUnavailableNo source recorded
2005Free cash flowUnavailableNo source recorded
2006Free cash flowUnavailableNo source recorded
2007Free cash flowUnavailableNo source recorded

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.

107% 2007
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.116%87%58%29%0%199820032007
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
1998Liabilities / assets48.9%
1999Liabilities / assets52%
2000Liabilities / assets21.1%
2001Liabilities / assets66.1%
2002Liabilities / assets55.7%
2003Liabilities / assets46.9%
2004Liabilities / assets62.2%
2005Liabilities / assets89.9%
2006Liabilities / assets92.7%
2007Liabilities / assets107%

Current assets to current liabilities

Current assets divided by current liabilities.

0.63× 2007
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.5.32×3.99×2.66×1.33×0.00×199820032007
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
1998Current assets / current liabilities1.28×
1999Current assets / current liabilities1.47×
2000Current assets / current liabilities4.93×
2001Current assets / current liabilities0.91×
2002Current assets / current liabilities1.12×
2003Current assets / current liabilities1.62×
2004Current assets / current liabilities1.46×
2005Current assets / current liabilities1.13×
2006Current assets / current liabilities1×
2007Current assets / current liabilities0.63×

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
1998 1998-01-01 – 1998-12-31
−USD 6.48 million
Exact value

Exact value: -6483450 USD

1998-01-01 – 1998-12-31: -6483450 USD Inspect Net Income Open source
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USD 1.81 million
Exact value

Exact value: 1809669 USD

1998-01-01 – 1998-12-31: 1809669 USD Inspect Operating Cash Flow Open source
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USD 2.14 million
Exact value

Exact value: 2140637 USD

1998-01-01 – 1998-12-31: 2140637 USD Inspect Capital Expenditure Open source
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−USD 330,968
Calculation and evidence

1809669 − 2140637 USD

Exact free cash flow: -330968 USD

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1999 1999-01-01 – 1999-12-31
−USD 9.84 million
Exact value

Exact value: -9838000 USD

1999-01-01 – 1999-12-31: -9838000 USD Inspect Net Income Open source
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−USD 548,289
Exact value

Exact value: -548289 USD

1999-01-01 – 1999-12-31: -548289 USD Inspect Operating Cash Flow Open source
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USD 4.35 million
Exact value

Exact value: 4347453 USD

1999-01-01 – 1999-12-31: 4347453 USD Inspect Capital Expenditure Open source
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−USD 4.9 million
Calculation and evidence

-548289 − 4347453 USD

Exact free cash flow: -4895742 USD

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2000 2000-01-01 – 2000-12-31
−USD 55.48 million
Exact value

Exact value: -55482000 USD

2000-01-01 – 2000-12-31: -55482000 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.

2001 2001-01-01 – 2001-12-31
−USD 147.62 million
Exact value

Exact value: -147615000 USD

2001-01-01 – 2001-12-31: -147615000 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.

2002 2002-01-01 – 2002-12-31
−USD 2.73 million
Exact value

Exact value: -2726000 USD

2002-01-01 – 2002-12-31: -2726000 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.

2003 2003-01-01 – 2003-12-31
−USD 18.29 million
Exact value

Exact value: -18287000 USD

2003-01-01 – 2003-12-31: -18287000 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.

2004 2004-01-01 – 2004-12-31
−USD 38.79 million
Exact value

Exact value: -38787000 USD

2004-01-01 – 2004-12-31: -38787000 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.

2005 2005-01-01 – 2005-12-31
−USD 20.06 million
Exact value

Exact value: -20060000 USD

2005-01-01 – 2005-12-31: -20060000 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.

2006 2006-01-01 – 2006-12-31
−USD 17.78 million
Exact value

Exact value: -17776000 USD

2006-01-01 – 2006-12-31: -17776000 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 27.05 million
Exact value

Exact value: -27049000 USD

2007-01-01 – 2007-12-31: -27049000 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.

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.

60 filings · 0 latest values · 0 originally reported values

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

Identifiers: 0000797448, 797448, edgar:797448

Also known as ELTRAX SYSTEMS INC