Vinco Ventures, Inc. (BBIG) Income Statement
BBIG 2021 at a glance
Fiscal year ended December 31, 2021 · U.S. dollarsBBIG revenue and net income
Where BBIG's revenue goes
2021Each bar shows an amount and its share of revenue. BBIG kept −7,283.7% of revenue as net income.
BBIG profit margins
BBIG growth rates
to 2021| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −18.5% | −16.0% | −9.4% | — |
| Gross profit | −43.4% | −21.3% | −13.0% | — |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
BBIG quarterly EPS vs estimates
BBIG income statement
| 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|
| Revenue | $9.8M | $12.0M | $19.6M | $16.5M | $15.0M | $16.0M |
| Cost of revenue | $7.3M | $11.4M | $12.8M | $11.4M | $11.0M | $11.1M |
| Gross profit | $2.5M | $4.4M | $6.8M | $5.1M | $3.9M | $5.0M |
| Sales, general & admin | $75.2M | $12.3M | $15.9M | $9.7M | $2.4M | $4.5M |
| Total operating expenses | $82.7M | $10.0M | $15.4M | $9.7M | $2.4M | $4.5M |
| Operating income | −$80.2M | −$7.6M | −$8.6M | −$4.6M | $1.6M | $431,085 |
| Interest income | — | — | — | $501,221 | $4,000 | $5,838 |
| Interest expense | $72.8M | $3.4M | $1.3M | $384,515 | $106,815 | $0 |
| Income before taxes | −$715.9M | −$10.9M | −$14.2M | −$5.0M | $1.7M | $539,738 |
| Income taxes | $189,501 | $19,197 | −$19,547 | $303,915 | $133,105 | $40,372 |
| Net income | −$713.2M | −$11.3M | −$14.2M | −$5.3M | $1.5M | $499,366 |
| EBITDA | −$639.2M | −$5.5M | −$11.3M | −$4.1M | $1.7M | $622,023 |
| EPS (diluted) | −$2.79 | −$4.79 | −$1.39 | −$0.07 | $0.47 | −$0.16 |
| Gross margin | 25.3% | 36.4% | 34.7% | 30.8% | 26.4% | 31.0% |
| Operating margin | −819.2% | −62.9% | −43.7% | −28.1% | 10.4% | 2.7% |
| Net margin | −7,283.7% | −94.1% | −72.3% | −32.4% | 10.2% | 3.1% |
| Mar '23 | Dec '22 | Sep '22 | Jun '22 | Mar '22 | Dec '21 | Sep '21 | Jun '21 | Mar '21 | Dec '20 | Sep '20 | Jun '20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.6M | $10.4M | $5.6M | $10.4M | $11.5M | $2.3M | $2.2M | $2.7M | $2.6M | $983,036 | $4.3M | $6.9M |
| Cost of revenue | $6.8M | $10.9M | $6.8M | $10.9M | $10.9M | $2.4M | $1.5M | $1.7M | $1.7M | $1.4M | $2.7M | $4.9M |
| Gross profit | −$1.2M | −$581,067 | −$1.2M | −$581,066 | $601,163 | −$103,779 | $700,146 | $970,622 | $911,781 | −$443,378 | $1.6M | $2.0M |
| Sales, general & admin | $18.5M | $30.7M | $18.5M | $30.7M | $25.2M | $31.7M | $25.9M | $5.9M | $6.5M | $12,280 | $3.5M | $4.2M |
| Total operating expenses | $19.5M | $30.7M | $26.3M | $41.7M | $26.8M | $37.9M | $25.9M | $5.9M | $11.7M | $1.8M | $3.5M | $2.8M |
| Operating income | −$173.1M | −$31.8M | −$20.7M | −$31.3M | $60.8M | −$35.6M | −$25.2M | −$5.0M | −$10.7M | −$2.3M | −$1.9M | −$780,688 |
| Interest expense | $4.3M | $16.1M | $4.3M | $16.1M | $22.4M | $30.4M | $27.0M | $2.7M | $12.7M | $802,394 | $1.0M | $847,154 |
| Income before taxes | −$167.7M | $135.4M | −$167.7M | $135.4M | −$379.1M | $71.4M | −$29.8M | −$178.9M | −$62.3M | −$1.8M | −$1.6M | −$1.1M |
| Income taxes | $73.9M | $5.7M | — | — | $189,501 | $189,501 | $517.3M | −$126.2M | $19,197 | $19,197 | $992,891 | $895,098 |
| Net income | −$241.6M | $145.9M | −$99.0M | $145.9M | −$372.9M | $75.4M | −$542.5M | −$183.7M | −$62.5M | −$2.0M | −$2.8M | −$1.6M |
| EBITDA | −$162.2M | $154.9M | −$162.2M | $154.9M | −$24.6M | $101.8M | −$515.2M | −$178.9M | −$10.3M | −$931,261 | −$1.5M | −$811,000 |
| EPS (diluted) | −$0.40 | $0.60 | −$8.07 | $11.87 | $0.59 | $10.05 | −$7.58 | −$4.99 | −$0.27 | −$3.27 | −$0.30 | −$0.18 |
| Gross margin | −22.2% | −5.6% | −22.2% | −5.6% | 5.2% | −4.5% | 31.4% | 36.1% | 35.5% | −45.1% | 37.2% | 28.9% |
| Operating margin | −3,111.8% | −306.5% | −372.2% | −302.2% | 526.7% | −1,545.3% | −1,127.7% | −184.7% | −419.0% | −232.5% | −44.5% | −11.3% |
| Net margin | −4,343.2% | 1,407.9% | −1,779.2% | 1,407.9% | −3,233.2% | 3,276.1% | −24,304.1% | −6,823.2% | −2,435.3% | −199.8% | −66.7% | −23.6% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in BBIG's financial statements (latest annual report filed April 15, 2022); data from EODHD. Sales, general & administrative expenses include sales and marketing.
BBIG financial results
In fiscal year 2021 (ended December 31, 2021), Vinco Ventures reported revenue of $9.8 million, down 18.5% from the year before. It had a net loss of $713.2 million, a net profit margin of −7,283.7%. Diluted earnings per share came to −$2.79. Over five years revenue grew at an average rate of −9.4% a year.
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BBIG income statement FAQ
What is Vinco Ventures's annual revenue?
Vinco Ventures reported total revenue of $9.8 million for fiscal year 2021, which ended on December 31, 2021. That was down 18.5% from $12.0 million the previous year.
Is Vinco Ventures profitable?
No. Vinco Ventures reported a net loss of $713.2 million in fiscal 2021, a net profit margin of −7,283.7%; its operating margin was −819.2%.
What is Vinco Ventures's gross margin?
Vinco Ventures's gross margin was 25.3% in fiscal 2021: for every $100 of revenue, Vinco Ventures kept $25 after the direct cost of its products and services.
How fast is Vinco Ventures growing?
Revenue grew −9.4% a year on average over the last five fiscal years, from $16.0 million to $9.8 million.
What are Vinco Ventures's earnings per share?
Vinco Ventures earned $-2.79 per diluted share in fiscal 2021, compared with $-4.79 a year earlier.
When does Vinco Ventures's fiscal year end?
Vinco Ventures's fiscal year ends in December. The latest annual report covers the year ended December 31, 2021 and was filed on April 15, 2022.