Veritone Net Worth
Veritone Net Worth Breakdown | VERI |
Veritone Net Worth Analysis
Veritone's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Veritone's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Veritone's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Veritone's net worth analysis. One common approach is to calculate Veritone's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Veritone's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Veritone's net worth. This approach calculates the present value of Veritone's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Veritone's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Veritone's net worth. This involves comparing Veritone's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Veritone's net worth relative to its peers.
Enterprise Value |
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To determine if Veritone is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Veritone's net worth research are outlined below:
| Veritone had very high historical volatility over the last 90 days | |
| Veritone has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 127.56 M. Net Loss for the year was (58.62 M) with profit before overhead, payroll, taxes, and interest of 122.3 M. | |
| Veritone currently holds about 220.46 M in cash with (76.42 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.1, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 14.0% of the company outstanding shares are owned by insiders | |
| Latest headline from businesswire.com: Veritone Unveils Data Refinery to Power Next-Generation AI Technology |
Veritone uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Veritone. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Veritone's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 7th of March 2024 Upcoming Quarterly Report | View | |
| 7th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 7th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Know Veritone's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Veritone is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Veritone backward and forwards among themselves. Veritone's institutional investor refers to the entity that pools money to purchase Veritone's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Oz Management Llc | 2024-09-30 | 161.4 K | Northern Trust Corp | 2024-09-30 | 117.6 K | Global Retirement Partners, Llc. | 2024-09-30 | 117.2 K | Eqis Capital Management Inc | 2024-09-30 | 114.3 K | Gsa Capital Partners Llp | 2024-09-30 | 108.6 K | Bank Of America Corp | 2024-06-30 | 87.3 K | State Of Wisconsin Investment Board | 2024-06-30 | 86.2 K | Bridgeway Capital Management, Llc | 2024-09-30 | 84.5 K | Susquehanna International Group, Llp | 2024-06-30 | 71.3 K | Private Management Group Inc | 2024-09-30 | 2.9 M | Vanguard Group Inc | 2024-09-30 | 1.5 M |
Follow Veritone's market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 108.33 M.Market Cap |
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Project Veritone's profitablity
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.28) | (0.29) | |
| Return On Capital Employed | (0.49) | (0.47) | |
| Return On Assets | (0.16) | (0.16) | |
| Return On Equity | (1.54) | (1.46) |
When accessing Veritone's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Veritone's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Veritone's profitability and make more informed investment decisions.
Evaluate Veritone's management efficiency
Veritone has return on total asset (ROA) of (0.1235) % which means that it has lost $0.1235 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (3.5849) %, meaning that it created substantial loss on money invested by shareholders. Veritone's management efficiency ratios could be used to measure how well Veritone manages its routine affairs as well as how well it operates its assets and liabilities. The current Return On Tangible Assets is estimated to decrease to -0.29. The Veritone's current Return On Capital Employed is estimated to increase to -0.47. As of now, Veritone's Intangibles To Total Assets are increasing as compared to previous years. The Veritone's current Debt To Assets is estimated to increase to 0.47, while Total Assets are projected to decrease to under 206.8 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 1.03 | 1.28 | |
| Tangible Book Value Per Share | (3.40) | (3.23) | |
| Enterprise Value Over EBITDA | (4.13) | (4.34) | |
| Price Book Value Ratio | 1.75 | 1.97 | |
| Enterprise Value Multiple | (4.13) | (4.34) | |
| Price Fair Value | 1.75 | 1.97 | |
| Enterprise Value | 117.4 M | 169.1 M |
The strategic initiatives led by Veritone's management are central to its market success. By analyzing these initiatives, we provide a clear picture of the stock's growth prospects.
Enterprise Value Revenue 1.8848 | Revenue 132 M | Quarterly Revenue Growth 0.108 | Revenue Per Share 3.534 | Return On Equity (3.58) |
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Veritone insiders, such as employees or executives, is commonly permitted as long as it does not rely on Veritone's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Veritone insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Veritone Corporate Filings
| 20th of November 2024 Other Reports | ViewVerify | |
8K | 12th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
| 5th of November 2024 Other Reports | ViewVerify | |
13A | 4th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
Veritone Earnings per Share Projection vs Actual
Veritone Corporate Management
| Fleming Meng | Chief Officer | Profile | |
| Jonathan Gacek | Legal Gov | Profile | |
| Michael Zemetra | Chief Officer | Profile | |
| Matthew OConnor | Chief Solutions | Profile | |
| John Newsom | Ex VP | Profile |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Veritone. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more detail on how to invest in Veritone Stock please use our How to Invest in Veritone guide.You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Veritone. If investors know Veritone will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Veritone listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.52 | Earnings Share (1.59) | Revenue Per Share 3.534 | Quarterly Revenue Growth 0.108 | Return On Assets (0.12) |
The market value of Veritone is measured differently than its book value, which is the value of Veritone that is recorded on the company's balance sheet. Investors also form their own opinion of Veritone's value that differs from its market value or its book value, called intrinsic value, which is Veritone's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Veritone's market value can be influenced by many factors that don't directly affect Veritone's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Veritone's value and its price as these two are different measures arrived at by different means. Investors typically determine if Veritone is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Veritone's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.