Skip to content
MARKETS / BALCAO / VMNT
BALCAO · FINANCE SERVICES

Vemanti Group, Inc. VMNT

4 fiscal years on record · USD · FY2023 reported · SEC filings only
$123,056
▼ 11.3% YoY
$-1.5M
In brief

What this company does

Vemanti, incorporated on April 3, 2014, under the laws of the State of Nevada, is a financial technology (fintech) company that seeks to generate revenues in the emerging and high-growth markets of Vietnam and Southeast Asia. On July 10, 2018, the Company made an investment in Fvndit, Inc. (“Fvndit”), f/k/a Directus Holdings, Inc., a Nevada corporation, for 20% equity in Fvndit. On March 21, 2022, the Company entered into a Digital Banking Platform Agreement with Vietnam Public Joint Stock Commercial Bank (“PVcomBank”) (the “Platform Agreement”) under which Vemanti agreed to partner with PVcomBank in designing, developing, and delivering a digital-only banking platform (the “Platform”) for providing products and services to SMEs in Vietnam. In the next 12 months, the Company intends to develop and release an online platform product to connect the export-dependent SMEs in Vietnam with short-term business financing based on Accounts Receivable (“AR”). On August 11, 2021, the Company signed a Fintech and Banking-as-a-Service (“BaaS”) business cooperation Memorandum of Understanding (“MOU”) with PVcomBank to jointly develop digital banking solutions for the underserved consumers and small businesses in Vietnam. As a result of the sale, the Company no longer owns any shares of Fvndit, and no longer holds the securities of any other entity other than those of our wholly owned subsidiary, VoiceStep Telecom, LLC.

Written from the business description in Vemanti Group, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 28 March 2024. Every sentence was checked against that document before publication.

Growth
USD 123,056.00
Revenue, FY2023 · full 4-year series below
Revenue $M Net income $M
FY2023 · Revenue 0.1 · Net income -1.5
-0.8M-1.6M2020202120222023
Compound annual growth
−8.8%
3 yrs
5 yrs
10 yrs
15 yrs

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−1218 cents
lost on every revenue dollar
Operating margin Net margin
FY2023 · Operating -1194.7% · Net -1218.0%
-500%-1000%2020202120222023
ROE
FY2023 · ROE -967.6%
-500%2020202120222023

Each USD of equity lost 968 cents this year.

Cash & shareholders
returned in FY2023 · dividends + net buybacks

Total assetsUSD 144,941.00
EquityUSD -172,370.00
CashUSD 136,407.00
Current ratio0.46×

Equity funds -119% of total assets.

The 4-year record
4 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative
Metric 2023202220212020
Revenue $B0.00.00.00.0
Operating income $B−0.0−0.0−0.0−0.0
EBITDA $B−0.0−0.0−0.0−0.0
Income tax $B0.00.0−0.0−0.0
Net income $B−0.0−0.0−0.0−0.0
EPS, diluted $−0.02−0.010.000.00
Dividend / sh $····
Payout %····
ROE %−967.6−374.8−508.8−13.6
Shares out B0.070.070.070.07

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 16 reconciliationsAUDITED

Reconciled in 4 of 19 fiscal years. 79 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityFinance Services
Listed onOTC market
Incorporated inNevada
Fiscal year endsDecember 31
SEC categoryemerging growth company
Data on record since2020

Share this section

Download image