Veritone Net Worth

Veritone Net Worth Breakdown

  VERI
The net worth of Veritone is the difference between its total assets and liabilities. Veritone's net worth represents the value of the company's equity or ownership interest. In other words, it is the amount of money that would be left over if all of Veritone's assets were sold and all of its debts were paid off. Net worth is sometimes referred to as shareholder's equity or book value. Veritone's net worth can be used as a measure of its financial health and stability which can help investors to decide if Veritone is a good investment. It is also essential in determining the company's creditworthiness and ability to secure financing before investing in Veritone stock.

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

169.08 Million

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 forbes.com: Veritone Introduces Data Refinery, Tackling AIs Data Drought
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
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7th of May 2024
Next Financial Report
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31st of December 2023
Next Fiscal Quarter End
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7th of March 2024
Next Fiscal Year End
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30th of September 2023
Last Quarter Report
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31st of December 2022
Last Financial Announcement
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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 Llc2024-09-30
161.4 K
Northern Trust Corp2024-09-30
117.6 K
Global Retirement Partners, Llc.2024-09-30
117.2 K
Eqis Capital Management Inc2024-09-30
114.3 K
Gsa Capital Partners Llp2024-09-30
108.6 K
Bank Of America Corp2024-06-30
87.3 K
State Of Wisconsin Investment Board2024-06-30
86.2 K
Bridgeway Capital Management, Llc2024-09-30
84.5 K
Susquehanna International Group, Llp2024-06-30
71.3 K
Private Management Group Inc2024-09-30
2.9 M
Vanguard Group Inc2024-09-30
1.5 M
Note, although Veritone's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

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

57.12 Million

Project Veritone's profitablity

Last ReportedProjected 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)
The company has Profit Margin (PM) of (0.45) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.53) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.53.
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 ReportedProjected 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 Value117.4 M169.1 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
1.8679
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
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8K
12th of November 2024
Report filed with the SEC to announce major events that shareholders should know about
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5th of November 2024
Other Reports
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13A
4th of November 2024
An amended filing to the original Schedule 13G
ViewVerify
Veritone time-series forecasting models is one of many Veritone's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Veritone's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Veritone Earnings per Share Projection vs Actual

Veritone Corporate Management

When determining whether Veritone offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Veritone's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Veritone Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Veritone Stock:
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For more detail on how to invest in Veritone Stock please use our How to Invest in Veritone guide.
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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.