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AVCT - American Virtual Cloud Technologies, Inc.

NASDAQ -> Technology -> Information Technology Services
Atlanta, United States

AVCT price evolution
AVCT
(in millions $) 30 Sep 2021 30 Jun 2021 31 Mar 2021 31 Dec 2020
Current assets
Cash $4.2 $9.38 $15.68 $10.51
Short term investments
Net receivables $25.69 $21.98 $21.3 $22.84
Inventory $2.17 $1.64 $1.19 $1.06
Total current assets $35.46 $36.05 $39.94 $36
Long term investments
Property, plant & equipment $9.02 $8.92 $9.03 $10.06
Goodwill & intangible assets $79.04 $100.84 $102.13 $106.88
Total noncurrent assets $89.03 $110.26 $111.35 $117.01
Total investments
Total assets $124.48 $146.3 $151.29 $153.01
Current liabilities
Accounts payable $41.37 $32.33 $35.13 $32.7
Deferred revenue $3.06 $2.03 $3.34 $4.61
Short long term debt $17.59 $17.93 $16.78 $17.09
Total current liabilities $62.02 $52.29 $55.26 $54.4
Long term debt $0.03 $103.86 $91.51 $42.61
Total noncurrent liabilities $2.38 $109.26 $100.42 $51.44
Total debt $17.61 $121.8 $108.28 $59.69
Total liabilities $64.4 $161.55 $155.69 $105.84
Shareholders' equity
Retained earnings -$118.29 -$80.97 -$65.07 -$43.66
Other shareholder equity
Total shareholder equity $60.09 -$15.25 -$4.4 $47.17
(in millions $) 31 Dec 2020 31 Dec 2019 31 Dec 2018 31 Dec 2017
Current assets
Cash $1.88 $0.14 $0.48 $0.01
Short term investments $0.06 $0.18
Net receivables $22.84
Inventory $1.06
Total current assets $1.95 $0.22 $0.78 $0.78
Long term investments $0 $290.39 $311.92
Property, plant & equipment $0.01 $0.01 $0.02 $0.02
Goodwill & intangible assets
Total noncurrent assets $0.01 $290.62 $311.94 $311.94
Total investments $0 $290.45 $312.1
Total assets $1.96 $290.84 $312.71 $0.26
Current liabilities
Accounts payable $8.09 $5.21 $2.82 $0
Deferred revenue $4.61
Short long term debt $8.57 $3.22 $0.27
Total current liabilities $16.65 $8.5 $2.9 $0.32
Long term debt
Total noncurrent liabilities $277.34 $304.81 $304.81
Total debt $8.57 $3.22 $0.27
Total liabilities $16.65 $285.84 $307.71 $0.32
Shareholders' equity
Retained earnings -$14.7 -$1.59 -$2.58 -$0.06
Other shareholder equity -$0
Total shareholder equity -$14.69 $5 $5 -$0.06
(in millions $) 30 Sep 2021 30 Jun 2021 31 Mar 2021 31 Dec 2020
Revenue
Total revenue $27.51 $27.56 $27.17 $23.51
Cost of revenue $20.28 $19.08 $20.79 $15.96
Gross Profit $7.23 $8.48 $6.37 $7.55
Operating activities
Research & development $4.51 $4.6 $4.49 $1.28
Selling, general & administrative $20.1 $16.27 $14.93 $14.92
Total operating expenses $45.11 $20.88 $19.42 $16.21
Operating income -$37.88 -$12.39 -$13.05 -$8.66
Income from continuing operations
EBIT -$30.67 -$8.88 -$16.79 -$12.25
Income tax expense $0.02 $0.05 $0.01 $0.04
Interest expense $6.63 $6.99 $5.83 $4.78
Net income
Net income -$37.32 -$15.91 -$22.63 -$17.06
Income (for common shares) -$37.32 -$15.91 -$22.63 -$17.06
(in millions $) 31 Dec 2020 31 Dec 2019 31 Dec 2018 31 Dec 2017
Revenue
Total revenue
Cost of revenue
Gross Profit
Operating activities
Research & development
Selling, general & administrative $3.94 $0.06
Total operating expenses $6.17 $4.51 $3.94 $0.06
Operating income -$6.17 -$4.51 -$3.94 -$0.06
Income from continuing operations
EBIT -$4.81 $0.77 -$3.76 -$0.06
Income tax expense $0.22 -$0.22 $0.18
Interest expense
Net income
Net income -$5.02 $0.99 -$3.94 -$0.06
Income (for common shares) -$5.02 $0.99 -$3.94 -$0.06
(in millions $) 30 Sep 2021 30 Jun 2021 31 Mar 2021 31 Dec 2020
Net income -$37.32 -$15.91 -$22.63 -$17.06
Operating activities
Depreciation $2.37 $2.42 $2.51 $1.87
Business acquisitions & disposals
Stock-based compensation $2.95 $1.86 $1.94 $1.07
Total cash flows from operations -$7.19 -$14.54 -$7.18 -$2.48
Investing activities
Capital expenditures -$1.53 -$1.15 -$0.34 -$0.51
Investments
Total cash flows from investing -$1.53 -$1.15 -$0.34 -$0.51
Financing activities
Dividends paid
Sale and purchase of stock $0
Net borrowings $3.86 $10.38 $13.47 $9.15
Total cash flows from financing $3.54 $9.39 $12.69 $9.09
Effect of exchange rate
Change in cash and equivalents -$5.18 -$6.3 $5.18 $6.1
(in millions $) 31 Dec 2020 31 Dec 2019 31 Dec 2018 31 Dec 2017
Net income -$5.02 $0.99 -$3.94 -$0.06
Operating activities
Depreciation $0 $0 $0
Business acquisitions & disposals
Stock-based compensation
Total cash flows from operations -$3.41 -$2.04 -$1.33 -$0.06
Investing activities
Capital expenditures -$0.02
Investments $291.74 $26.59 -$310.5
Total cash flows from investing $291.82 $26.93 -$310.52
Financing activities
Dividends paid
Sale and purchase of stock -$292.01 -$28.46 $313.27 $0
Net borrowings $5.34 $3.22 -$0.27 $0.27
Total cash flows from financing -$286.66 -$25.24 $312.33 $0.07
Effect of exchange rate
Change in cash and equivalents $1.74 -$0.35 $0.47 $0.01
Fundamentals
Market cap N/A
Enterprise value N/A
Shares outstanding N/A
Revenue $105.75M
EBITDA -$59.41M
EBIT -$68.59M
Net Income -$92.91M
Revenue Q/Q 5.94%
Revenue Y/Y 134.67%
P/E ratio N/A
EV/Sales N/A
EV/EBITDA N/A
EV/EBIT N/A
P/S ratio N/A
P/B ratio N/A
Book/Share N/A
Cash/Share N/A
EPS N/A
ROA -64.63%
ROE -424.21%
Debt/Equity -1.13
Net debt/EBITDA -1.01
Current ratio 0.57
Quick ratio 0.54