VS Media Holdings Limited (VSME) Income Statement
VSME 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsVSME revenue and net income
Where VSME's revenue goes
2025Each bar shows an amount and its share of revenue. VSME kept −114.5% of revenue as net income.
VSME profit margins
VSME growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −8.8% | −5.9% | −3.8% | — |
| Gross profit | +5.3% | −7.9% | −6.8% | — |
| 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.
VSME quarterly EPS vs estimates
VS Media beat the analyst EPS estimate in 0 of the last 2 quarters.
VSME income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Revenue | $7.5M | $8.2M | $8.0M | $9.0M | $1.4M | $9.1M |
| Cost of revenue | $5.7M | $6.6M | $6.4M | $6.7M | $8.7M | $6.6M |
| Gross profit | $1.8M | $1.7M | $1.6M | $2.3M | $2.3M | $2.5M |
| Sales, general & admin | $8.2M | $8.6M | $8.1M | $3.9M | $2.5M | $2.8M |
| Total operating expenses | $8.2M | $8.6M | $8.1M | $3.9M | $2.5M | $2.8M |
| Operating income | −$6.4M | −$6.9M | −$6.4M | −$1.6M | −$70,799 | −$297,430 |
| Interest income | $181,222 | $6,607 | $7,560 | $2 | $0 | — |
| Interest expense | $163,014 | $409,884 | $290,745 | $206,842 | $193,738 | $175,819 |
| Income before taxes | −$8.6M | −$7.3M | −$6.6M | −$1.8M | −$211,378 | −$262,106 |
| Income taxes | — | — | $393,751 | −$5.1M | $246,897 | $386,962 |
| Net income | −$8.6M | −$7.3M | −$6.6M | $3.5M | −$232,624 | −$262,106 |
| EBITDA | −$8.4M | −$6.9M | −$6.3M | −$1.6M | $1,006 | $980 |
| EPS (diluted) | −$3.13 | −$18.25 | −$0.30 | $3.53 | — | — |
| Gross margin | 23.7% | 20.5% | 20.5% | 25.3% | 162.1% | 27.8% |
| Operating margin | −85.4% | −83.7% | −80.3% | −18.2% | −5.0% | −3.3% |
| Net margin | −114.5% | −88.4% | −82.5% | 39.0% | −16.5% | −2.9% |
| Sep '26 | Mar '26 | Sep '25 | Mar '25 | Jun '24 | Mar '24 | Jun '23 | Dec '22 | Jun '22 | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $429,165 | $546,511 | $418,218 | $542,445 | $514,635 | $570,942 | $449,915 | $600,146 | $552,783 |
| Cost of revenue | $303,041 | $432,919 | $306,926 | $405,711 | $438,094 | $459,934 | $355,466 | $457,374 | $407,311 |
| Gross profit | $126,123 | $113,591 | $111,292 | $136,734 | $76,541 | $111,007 | $94,449 | $142,772 | $145,472 |
| Total operating expenses | $144,564 | $397,081 | $652,168 | $610,861 | $487,407 | $651,627 | $373,451 | $246,716 | $119,636 |
| Operating income | −$18,441 | −$283,490 | −$540,876 | −$474,128 | −$410,866 | −$540,619 | −$279,002 | −$103,950 | $25,840 |
| Interest expense | $6,990 | $7,291 | $13,620 | $35,778 | $16,788 | $18,305 | $18,830 | $14,393 | $12,020 |
| Income before taxes | −$32,490 | −$534,293 | −$570,345 | −$507,815 | −$426,962 | −$546,771 | −$295,851 | −$246,739 | $16,101 |
| Income taxes | — | — | — | — | — | — | −$1 | $437 | $1,065 |
| Net income | −$32,490 | −$534,293 | −$570,345 | −$507,815 | −$426,962 | −$546,771 | −$295,851 | −$247,176 | $15,033 |
| EBITDA | −$17,728 | −$281,824 | −$554,547 | −$470,009 | −$408,372 | −$526,707 | −$274,781 | −$230,582 | $29,924 |
| EPS (diluted) | — | — | −$0.28 | −$1.15 | — | — | — | — | — |
| Gross margin | 29.4% | 20.8% | 26.6% | 25.2% | 14.9% | 19.4% | 21.0% | 23.8% | 26.3% |
| Operating margin | −4.3% | −51.9% | −129.3% | −87.4% | −79.8% | −94.7% | −62.0% | −17.3% | 4.7% |
| Net margin | −7.6% | −97.8% | −136.4% | −93.6% | −83.0% | −95.8% | −65.8% | −41.2% | 2.7% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in VSME's financial statements (latest annual report filed April 30, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
VSME financial results
In fiscal year 2025 (ended December 31, 2025), VS Media reported revenue of $7.5 million, down 8.8% from the year before. It had a net loss of $8.6 million, a net profit margin of −114.5%. Diluted earnings per share came to −$3.13. Over five years revenue grew at an average rate of −3.8% a year.
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VSME income statement FAQ
What is VS Media's annual revenue?
VS Media reported total revenue of $7.5 million for fiscal year 2025, which ended on December 31, 2025. That was down 8.8% from $8.2 million the previous year.
Is VS Media profitable?
No. VS Media reported a net loss of $8.6 million in fiscal 2025, a net profit margin of −114.5%; its operating margin was −85.4%.
What is VS Media's gross margin?
VS Media's gross margin was 23.7% in fiscal 2025: for every $100 of revenue, VS Media kept $24 after the direct cost of its products and services.
How fast is VS Media growing?
Revenue grew −3.8% a year on average over the last five fiscal years, from $9.1 million to $7.5 million.
What are VS Media's earnings per share?
VS Media earned $-3.13 per diluted share in fiscal 2025, compared with $-18.25 a year earlier.
When does VS Media's fiscal year end?
VS Media's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on April 30, 2026.