VERU INC. company info

CIK 863894
IRS Number 391144397
State of incorporation WI
Business address 4400 BISCAYNE BOULEVARD
STE 888
Mail address 4400 BISCAYNE BOULEVARD

Short summary

VERU INC. is a Florida company, with head office located at 4400 Biscayne Boulevard Miami, Florida 33137. In 2017 the company owned a total of 53.47 million USD worth of assets, including 12.86 million USD worth of current assets. 2016 was the year when the company amassed the most assets. The company net sales last year amounted to 13.66 million USD. The company allocated 3.50 million USD of its income to research and development.

VERU INC. Income Statement

Name [in Millions USD]2008200920102011201220132014201520162017Trends
Revenue, Net 27.5422.2218.5735.0331.4624.4932.6022.1313.66
Gross Profit 13.5212.929.8720.6217.5013.1218.9713.357.02
Selling, General and Administrative Expense 7.016.436.549.637.499.1312.138.6611.02
Research and development
Operating Expenses 8.808.586.579.687.719.2012.3510.3315.51
Operating Income (Loss) 4.724.353.3010.949.793.926.623.02-8.49
Other Nonoperating Income (Expense)
Income Tax Expense (Benefit) -1.49-2.51-2.17-4.51-4.411.522.342.47-1.99
Net income 6.546.745.4015.3014.342.434.350.34-6.61

VERU INC. Balance Sheet

Name [in Millions USD]2008200920102011201220132014201520162017Trends
Cash and cash equivalents 1.923.823.288.2911.934.142.623.67
Accounts Receivable, Net, Current 1.344.750.935.4214.3418.645.763.67
Inventories 2.131.332.823.032.552.342.772.65
Deferred income taxes 1.900.802.151.660.830.242.03
Property, Plant and Equipment, Gross 4.784.915.00
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment 1.672.102.593.153.644.033.793.89
Goodwill 6.886.88
Intangible Assets, Net (Excluding Goodwill) 20.7920.55
Other Assets, Noncurrent
Total assets 15.3225.4831.8832.6837.1640.6257.4353.47
Current assets 9.1215.4818.3814.7020.8525.0012.0312.86
Accounts payable 0.571.881.381.210.931.061.923.46
Total current liabilities 1.505.134.823.394.614.994.8712.72
Long-term Debt, Excluding Current Maturities 0.52
Deferred Revenue, Noncurrent
Deferred income taxes -0.19-
Total liabilities 1.865.505.143.714.795.116.6317.60
Common Stock, Value, Issued 0.300.300.310.310.310.310.340.57
Retained Earnings (Accumulated Deficit) -47.82-42.06-33.29-31.78-28.70-25.90-31.58-50.28
Accumulated Other Comprehensive Income (Loss), Net of Tax -0.58-0.58-0.58-0.58-0.58-0.58-0.58-0.58

VERU INC. Cash Flow

Name [in Millions USD]2008200920102011201220132014201520162017Trends
Net income 6.546.745.4015.3014.342.434.350.34-6.61
Depreciation and amortization 0.470.460.46
Amortization of Intangible Assets 0.15
Depreciation and amortization 0.270.470.460.460.560.590.490.420.33
Deferred Income Tax Expense (Benefit) -1.60-2.54-2.46-4.89-
Accounts receivable 1.29-3.35-2.155.01-4.900.6211.144.52-7.23
Inventories 0.090.990.01-0.440.990.56-1.060.740.48
Accounts payable 0.04-0.020.490.57-0.870.22-0.05-0.380.90
Deferred revenue 1.01
Net Cash Provided by (Used in) Operating Activities 5.753.996.9710.3611.79
Payments to Acquire Property, Plant, and Equipment 1.640.050.050.720.300.
Payments to Acquire Businesses, Net of Cash Acquired 0.04
Net Cash Provided by (Used in) Investing Activities -1.500.05-0.05-0.65-0.30
Net Cash Provided by (Used in) Investing Activities, Continuing Operations -0.65-0.30-0.10-0.14-0.01-0.09
Proceeds from Issuance of Common Stock 0.00
Payments for Repurchase of Common Stock 3.830.350.030.290.400.740.00
Payments of Ordinary Dividends, Common Stock 4.125.556.197.476.070.01
Net Cash Provided by (Used in) Financing Activities -3.24-3.93-5.59-8.66-7.86
Cash and Cash Equivalents, Period Increase (Decrease) 0.890.111.331.043.63-3.13-1.69-1.720.89