Company logo

VIRT - Virtu Financial, Inc.

NASDAQ -> Financial Services -> Capital Markets
New York, United States
Type: Equity

VIRT price evolution
VIRT
(in millions $) 31 Jan 2024 30 Sep 2023 30 Jun 2023 31 Mar 2023
Current assets
Cash $855.46 $726.36 $745.81 $809.18
Short term investments
Net receivables $843.97 $1844.94 $1590.45 $1275.04
Inventory
Total current assets $1664.41 $2533.73 $2289.12 $2044.02
Long term investments
Property, plant & equipment $329.86 $253.94 $269.87 $280.05
Goodwill & intangible assets $1406.45 $1422.4 $1438.37 $1454.39
Total noncurrent assets
Total investments $10593.17 $12938.77 $8911.29 $7609.72
Total assets $14466.38 $17618.43 $13389.68 $11861.32
Current liabilities
Accounts payable $1642.23 $1026.69 $1267.83 $699.62
Deferred revenue
Short long term debt
Total current liabilities $9735.06 $12557.69 $8473.26 $7050.73
Long term debt $3086.26 $3260.23 $3108.85 $2828.56
Total noncurrent liabilities
Total debt $11202.31 $14865.61 $10354.01 $9287.19
Total liabilities $13061.03 $16107.78 $11837.38 $10225.94
Shareholders' equity
Retained earnings $1000.4 $1018.2 $980.48 $987.85
Other shareholder equity $17.05 $24.33 $31.13 $24.75
Total shareholder equity $1202.73 $1265.34 $1275.1 $1305.62
(in millions $) 31 Jan 2024 31 Jan 2023 31 Jan 2022 31 Jan 2021
Current assets
Cash $855.46 $1038.24 $1120.95 $1007
Short term investments
Net receivables $843.97 $1196.02 $1173.28 $1898.5
Inventory
Total current assets $1664.41 $2177.6 $2244.75 $2788.1
Long term investments
Property, plant & equipment $329.86 $272.64 $314.92 $382.5
Goodwill & intangible assets $1406.45 $1470.41 $1535.26 $1603.42
Total noncurrent assets
Total investments $10593.17 $6155.23 $5725.73 $4563.61
Total assets $14466.38 $10583.24 $10319.97 $9965.8
Current liabilities
Accounts payable $1642.23 $706.81 $451.33 $480.1
Deferred revenue
Short long term debt
Total current liabilities $9735.06 $5774.48 $4816.69 $1717.6
Long term debt $3086.26 $2871.71 $2753.79 $2599.2
Total noncurrent liabilities
Total debt $11202.31 $7924.05 $7112.54 $6352.51
Total liabilities $13061.03 $9241.34 $8770.58 $8497.3
Shareholders' equity
Retained earnings $1000.4 $972.32 $830.54 $422.4
Other shareholder equity $17.05 $31.6 -$10.2 -$25.5
Total shareholder equity $1202.73 $1341.9 $1549.39 $1468.54
(in millions $) 31 Jan 2024 30 Sep 2023 30 Jun 2023 31 Mar 2023
Revenue
Total revenue $630.16 $506.85 $620.38
Cost of revenue $180.31 $179.43 $202.34
Gross Profit $449.85 $327.42 $418.05
Operating activities
Research & development
Selling, general & administrative $119.64 $121.05 $127.74
Total operating expenses $151.79 $152.84 $159.22
Operating income $298.06 $174.58 $258.83
Income from continuing operations
EBIT $240.59 $159.97 $204.45
Income tax expense $20.51 $5.92 $24.68
Interest expense $158.16 $137.34 $121.89
Net income
Net income $61.91 $16.7 $57.88
Income (for common shares) $61.91 $16.7 $57.88
(in millions $) 31 Dec 2023 31 Dec 2022 31 Dec 2021 31 Dec 2020
Revenue
Total revenue $2293.37 $2364.81 $2811.49 $3239.33
Cost of revenue $739.12 $838.67 $957.42 $972.59
Gross Profit $1554.26 $1526.14 $1854.06 $2266.74
Operating activities
Research & development
Selling, general & administrative $493.01 $477.02 $464.43 $488.09
Total operating expenses $621.05 $616.34 $630.9 $641.64
Operating income $933.21 $909.8 $1223.17 $1625.1
Income from continuing operations
EBIT $803.01 $676.59 $866.22 $1124.51
Income tax expense $61.21 $88.47 $169.67 $261.92
Interest expense $599.76 $323.1 $219.67 $213.38
Net income
Net income $142.04 $265.03 $476.88 $649.2
Income (for common shares) $142.04 $265.03 $476.88 $649.2
(in millions $) 31 Dec 2023 30 Sep 2023 30 Jun 2023 31 Mar 2023
Net income $5.54 $61.91 $16.7 $57.88
Operating activities
Depreciation $16.23 $15.81 $15.91 $15.35
Business acquisitions & disposals
Stock-based compensation $16.82 $15.35 $16.17 $15.58
Total cash flows from operations $348.09 $170.07 $122 -$148.38
Investing activities
Capital expenditures -$19.88 -$7.98 -$13.84 -$34.43
Investments
Total cash flows from investing -$24.02 -$15.33 -$19.35 -$35.78
Financing activities
Dividends paid -$54.27 -$106.21 -$93.65 -$52
Sale and purchase of stock -$46.2 -$49 -$41.74 -$93.64
Net borrowings -$155.11 -$14.93 -$9.93 $99.1
Total cash flows from financing -$199.75 -$170.19 -$168.55 -$46.54
Effect of exchange rate $4.79 -$4 $2.53 $1.65
Change in cash and equivalents $129.1 -$19.45 -$63.37 -$229.06
(in millions $) 31 Dec 2023 31 Dec 2022 31 Dec 2021 31 Dec 2020
Net income $142.04 $265.03 $476.88 $649.2
Operating activities
Depreciation $63.31 $66.38 $67.82 $66.74
Business acquisitions & disposals $50.18
Stock-based compensation $63.93 $67.22 $55.75 $59.84
Total cash flows from operations $491.78 $706.8 $1171.63 $1060.88
Investing activities
Capital expenditures -$76.13 -$64.86 -$60.07 -$60.36
Investments $7.62
Total cash flows from investing -$94.48 -$29.53 -$87.35 -$2.56
Financing activities
Dividends paid -$306.14 -$375.28 -$548.02 -$120.5
Sale and purchase of stock -$230.58 -$483.69 -$420.87 -$33.42
Net borrowings -$80.87 $105.37 -$41.41 -$308.79
Total cash flows from financing -$585.03 -$735.75 -$957.86 -$839.92
Effect of exchange rate $4.96 -$24.24 -$12.47 $15.32
Change in cash and equivalents -$182.78 -$82.71 $113.95 $233.72
Fundamentals
Market cap $3.20B
Enterprise value $13.55B
Shares outstanding 157.79M
Revenue N/A
EBITDA N/A
EBIT N/A
Net Income N/A
Revenue Q/Q N/A
Revenue Y/Y N/A
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 2.70
Book/Share 7.51
Cash/Share 5.42
EPS N/A
ROA N/A
ROE N/A
Debt/Equity 10.86
Net debt/EBITDA N/A
Current ratio 0.17
Quick ratio 0.17