Overview
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2021
Where the money goes
Where each dollar of revenue went, fiscal 2021
- Cost of revenue80¢$2.6M
- Other costs20¢$631.3K
- Interest0¢$10.7K
Out of $3.2M in revenue.3 The company lost money this year.
Where each dollar of operating cash went, fiscal 2021
- Kept or used elsewhere100¢$499.6K
Out of $499.6K of cash from operations.3
Financial statements
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|---|
| Revenue | $61.3K4 | $6.7M5 | $5.6M3 | $3.2M3 | ||
| Cost of revenue | $22.7K4 | $5.8M5 | $4.4M3 | $2.6M3 | ||
| Gross profit | $38.7K4 | $860.4K5 | $1.2M3 | $642.0K3 | ||
| Selling, general and admin | $44.0K9 | |||||
| Operating expenses | $1.6M3 | |||||
| Operating income | -$44.0K6 | -$257.8K4 | -$559.5K5 | -$379.1K3 | -$920.7K3 | |
| Interest | $140.4K4 | $10.7K3 | ||||
| Income before tax | -$706.6K3 | |||||
| Net income | -$44.0K6 | -$258.8K4 | -$700.8K5 | -$379.1K3 | -$706.6K3 |
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|---|
| Cash | $5956 | $3.0K4 | $99.0K5 | $116.7K3 | $4.1K3 | |
| Receivables | $9.9K3 | |||||
| Inventory | $7.7K3 | |||||
| Current assets | $49.6K6 | $330.8K4 | $2.4M5 | $1.5M3 | $173.2K3 | |
| Total assets | $09 | $49.6K6 | $330.8K4 | $2.6M5 | $1.6M3 | $201.7K3 |
| Accounts payable | $98.8K3 | |||||
| Short-term debt | $15.1K3 | |||||
| Current liabilities | $1.0K9 | $11.3K6 | $224.7K4 | $2.8M5 | $1.8M3 | $932.3K3 |
| Long-term debt | $149.9K5 | $150.0K3 | ||||
| Long-term liabilities | $150.0K3 | |||||
| Total liabilities | $224.7K4 | $2.9M5 | $2.0M3 | $1.1M3 | ||
| Retained earnings | -$2.1M3 | |||||
| Shareholders’ equity | -$1.0K6 | $38.3K4 | $106.2K5 | -$304.7K3 | -$423.8K3 | -$880.6K3 |
| Shares outstanding | 20.0M shares9 | 18.3M shares6 | 26.5M shares4 | 26.7M shares5 | 27.1M shares3 | 27.4M shares3 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
What it owns
What Veroni Brands Corp. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Operating-lease assets (leased space) | $19.2K3 Dec 31, 2021 | $74.7K3 Dec 31, 2020 | −74.4% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $4.1K3 Dec 31, 2021 | $116.7K3 Dec 31, 2020 | −96.5% |
Inventory
Leadership
Who has led Veroni Brands Corp., and when. Pick a name to see everywhere that person has worked.
- PresidentJames M. Cassidy Mar 20, 2017 to Mar 20, 201710
- PresidentIgor Gabal Sep 1, 2017 to Mar 26, 201811
- Chief financial officerIgor Gabal Sep 1, 2017 to Mar 26, 201811
Board members and other officers (4)
- vice presidentJames K. McKillop Mar 20, 2017 to Mar 20, 201712
- Board memberJames K. McKillop Mar 20, 2017 to Mar 20, 201712
- Board memberJames M. Cassidy Mar 20, 2017 to Mar 20, 201710
- Board memberIgor Gabal Sep 1, 2017 to Mar 26, 201811
Former names
Timeline
- Dec 22, 20228-K Entered a material agreement13
Filings
15 filings to the SEC since October 2021: 2 annual reports, 6 quarterly reports, 1 major events, 6 other. The latest 15:
- Apr 11, 2025REVOKED EDGAR
- Dec 22, 20228-K EDGAR
- Dec 16, 202210-Q EDGAR
- Nov 15, 2022NT 10-Q EDGAR
- Aug 17, 202210-Q EDGAR
- Aug 16, 2022NT 10-Q EDGAR
- May 23, 202210-Q EDGAR
- May 16, 2022NT 10-Q EDGAR
- Apr 15, 202210-K EDGAR
- Mar 31, 2022NT 10-K EDGAR
- Nov 26, 202110-Q EDGAR
- Nov 15, 2021NT 10-Q EDGAR
- Nov 12, 202110-Q EDGAR
- Oct 28, 202110-Q EDGAR
- Oct 12, 202110-K EDGAR
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
SEC filer profile
How Veroni Brands Corp. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARVeroni Brands Corp.1
- CIK0001693690
- Employer ID (EIN)81-46645961
- Filer statusNon-accelerated filer<br>smaller reporting company<br>emerging growth company1
- Incorporated inDelaware1
- Fiscal year endsDecember 311
- Industry code (SIC)5140 Wholesale-Groceries & Related Products1
- SEC reviewing officeOffice of Trade & Services, Division of Corporation Finance1
- Business address650 Forest Edge Drive, Vernon Hills, IL 600611
- Phone847-505-04891
- Shares outstanding28,550,028 as of Dec 16, 20228
- Public float$3.9M as of Jun 30, 20213
- On EDGAR sinceJan 18, 20171
- Filings79 in all: 10-Q (18), 8-K (11), 4 (10), NT 10-Q (8), 10-K (5), 3 (5), NT 10-K (4), 10-Q/A (2)1
All 20 form types
CORRESP (2), SC 13G (2), SC 13G/A (2), UPLOAD (2), 10-12G (1), 10-12G/A (1), 8-K/A (1), D (1), EFFECT (1), REVOKED (1), S-1 (1), S-1/A (1)
- Latest filingsAnnual report (10-K) Apr 15, 2022
Quarterly report (10-Q) Dec 16, 2022
Latest 8-K (8-K) Dec 22, 2022
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
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- 4
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- 6
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- 9
- 10SEC EDGARJames M. Cassidy, President
- 11SEC EDGARIgor Gabal, President
- 12SEC EDGARJames K. McKillop, vice president
- 13SEC EDGAREntered a material agreement