Private company

VERUS INTERNATIONAL, INC.

VERUS INTERNATIONAL, INC. is an American wholesale-groceries company, incorporated in Delaware.1 It is headquartered in Gaithersburg, Maryland.1

Last updated Oct 20, 2026.

Overview

  • IndustryWholesale-Groceries, General Line1
  • HeadquartersGaithersburg, Maryland1
  • Incorporated inDE2
  • Business address9841 Washingtonian Blvd, Suite 200, Gaithersburg, Md 208782
  • Filer categoryNon-accelerated filer, Smaller reporting company2

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Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2021

57.6%Gross margin3
-218.6%Operating margin3
-1227.8%Net margin3
-43.9%Revenue growth, 20213

Where the money goes

Where each dollar of revenue went, fiscal 2021

  • Cost of revenue42¢$207.1K
  • Other costs58¢$281.4K

Out of $488.6K in revenue.3 The company lost money this year.

Financial statements

Revenue45673$488.6K in 2021−44% since 2016
0$5.0M$10.0M$15.0M2016: $868.5K$868.5K20162017: $2.9M$2.9M2017+233%2018: $5.8M$5.8M2018+101%2019: $13.6M$13.6M2019+135%2020: $870.3K$870.3K2020−94%2021: $488.6K$488.6K2021−44%
Gross profit845673$281.4K in 2021−63% since 2015
0$1.0M$2.0M$3.0M2015: $756.6K$756.6K20152016: $661.4K$661.4K2016−13%2017: $377.5K$377.5K2017−43%2018: $748.6K$748.6K2018+98%2019: $2.1M$2.1M2019+176%2020: $175.7K$175.7K2020−91%2021: $281.4K$281.4K2021+60%
Operating income845673-$1.1M in 2021−82% since 2015
-$15.0M-$10.0M-$5.0M02015: -$6.1M-$6.1M20152016: -$471.7K-$471.7K2016−92%2017: -$1.2M-$1.2M2017+158%2018: -$910.5K-$910.5K2018−25%2019: -$4.1M-$4.1M2019+352%2020: -$10.1M-$10.1M2020+145%2021: -$1.1M-$1.1M2021−89%
Net income845673-$6.0M in 2021−6% since 2015
-$20.0M-$15.0M-$10.0M-$5.0M02015: -$6.4M-$6.4M20152016: -$906.7K-$906.7K2016−86%2017: -$1.3M-$1.3M2017+41%2018: -$2.8M-$2.8M2018+121%2019: -$2.4M-$2.4M2019−15%2020: -$15.7M-$15.7M2020+556%2021: -$6.0M-$6.0M2021−62%
Fiscal year2015201620172018201920202021
Revenue$868.5K4$2.9M5$5.8M6$13.6M7$870.3K3$488.6K3
Cost of revenue$474.3K8$208.0K4$2.5M5$5.1M6$11.5M7$694.5K3$207.1K3
Gross profit$756.6K8$661.4K4$377.5K5$748.6K6$2.1M7$175.7K3$281.4K3
Operating expenses$1.3M3
Operating income-$6.1M8-$471.7K4-$1.2M5-$910.5K6-$4.1M7-$10.1M3-$1.1M3
Interest$806.3K11
Income before tax-$2.1M3
Income tax$011$03$03
Net income-$6.4M8-$906.7K4-$1.3M5-$2.8M6-$2.4M7-$15.7M3-$6.0M3

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Corporate structure

VERUS INTERNATIONAL, INC. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of VERUS INTERNATIONAL, INC.

  • Citadel Securities GP LLC Filed SC 13G/A on VERUS INTERNATIONAL, INC., latest Feb 14, 2023 (2 filings since Feb 14, 2022)
  • VERUS INTERNATIONAL, INC. Gaithersburg, Maryland

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What VERUS INTERNATIONAL, INC. 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

ItemLatestA year beforeChange
Accumulated depreciation$54.2K3 Oct 31, 2021$10.5K3 Oct 31, 2020+417.3%
Property and equipment, net$85.1K3 Oct 31, 2021$128.8K3 Oct 31, 2020−33.9%
Operating-lease assets (leased space)$198.6K3 Oct 31, 2021$383.2K3 Oct 31, 2020−48.2%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$66.0K3 Oct 31, 2021$6.2K3 Oct 31, 2020+973.5%

Intangibles and goodwill

ItemLatestA year beforeChange
Accumulated amortization$298.5K7 Oct 31, 2020$64.0K7 Oct 31, 2019+366.7%
Finite-lived intangibles, net$628.2K7 Oct 31, 2020$837.7K7 Oct 31, 2019−25.0%

Inventory

ItemLatestA year beforeChange
Inventory, total$145.1K3 Oct 31, 2021$60.4K3 Oct 31, 2020+140.4%

Leadership

Who has led VERUS INTERNATIONAL, INC., and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Robert A. Buntz Jr.2008–2012
  2. William Kerby2012–2015
  3. Alex Aliksanyan2015–2017
  4. Anshu Bhatnagar2017–2020

Chair

  1. Robert A. Buntz Jr.2008–2010
  2. William Kerby2012

President

  1. Robert A. Buntz Jr.2012
  2. C. Marques Steven2015

Chief financial officer

  1. Edward Wicker2008–2011
  2. Adam Michael Friedman2012–2015
  3. Thomas Michael Grbelja2015–2017
  4. Mark Burdon Lucky2017
  5. Mark Wayne Lindsey2017
  6. Christopher Cutchens2019

Chief operating officer

  1. Alex Aliksanyan2015
2010201520202025
Board members and other officers (17)

Former names

  • REALBIZ MEDIA GROUP, INCDec 12, 2012 to Sep 24, 20182
  • WEBDIGS INCMar 19, 2008 to Oct 15, 20122

Timeline

  1. Nov 28, 20228-K Executive or director change38
  2. Nov 9, 20228-K Executive or director change39
  3. Jan 12, 2017New chief executive Anshu Bhatnagar becomes CEO12
  4. Dec 3, 2015New chief executive Alex Aliksanyan becomes CEO13
  5. Dec 12, 2012New chief executive William Kerby becomes CEO14
  6. Aug 19, 2008New chief executive Robert A. Buntz Jr. becomes CEO15

Filings

12 filings to the SEC since October 2021: 1 annual reports, 3 quarterly reports, 2 major events, 2 large holders, 4 other. The latest 12:

  1. Feb 14, 2023SC 13G/A EDGAR
  2. Nov 28, 20228-K EDGAR
  3. Nov 9, 20228-K EDGAR
  4. Sep 16, 202210-Q EDGAR
  5. Sep 15, 2022NT 10-Q EDGAR
  6. Jun 21, 202210-Q EDGAR
  7. Jun 15, 2022NT 10-Q EDGAR
  8. Apr 15, 202210-Q EDGAR
  9. Apr 15, 202210-K EDGAR
  10. Mar 18, 2022NT 10-Q EDGAR
  11. Feb 14, 2022SC 13G VERUS INTERNATIONAL, INC. EDGAR
  12. Feb 1, 2022NT 10-K EDGAR

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

SEC filer profile

How VERUS INTERNATIONAL, INC. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARVERUS INTERNATIONAL, INC.1
  • CIK0001430523
  • Filer statusNon-accelerated filer<br>smaller reporting company1
  • Incorporated inDelaware1
  • Fiscal year endsOctober 311
  • Industry code (SIC)5141 Wholesale-Groceries, General Line1
  • Business address9841 Washingtonian Blvd, Suite 200, Gaithersburg, MD 208781
  • Phone(301) 329-27021
  • Shares outstanding2,024,519,388 as of Sep 7, 202210
  • Public float$8.2M as of Apr 30, 20213
  • On EDGAR sinceMar 19, 20081
  • Filings360 in all: 8-K (93), 10-Q (43), 4 (35), 3 (28), NT 10-Q (26), 10-K (14), SC 13G (12), NT 10-K (11)1
    All 39 form types

    10-Q/A (9), UPLOAD (7), 4/A (6), 8-K/A (6), DEF 14C (6), PRE 14C (6), CORRESP (5), EFFECT (5), SC 13D/A (5), 10-K/A (4), D (4), S-1 (4), S-1/A (4), 5 (3), PRER14C (3), REGDEX (3), 10-12G/A (2), 424B3 (2), SC 13D (2), 10-12B (1), 10-12G (1), 15-12G (1), 15-12G/A (1), 3/A (1), CT ORDER (1), D/A (1), DEFR14C (1), DEL AM (1), POS AM (1), S-8 (1), SC 13G/A (1)

  • Latest filingsAnnual report (10-K) Apr 15, 2022
    Quarterly report (10-Q) Sep 16, 2022
    Latest 8-K (8-K) Nov 28, 2022

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