VOYG financial statements
The full income statement, balance sheet, and cash-flow statement for Voyager Technologies Inc. (VOYG), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
| Line item | Trend | FY2025 | FY2024 | FY2023 |
|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | |
| Revenue | 166M+15.4% | 144M+6.0% | 136M | |
| Cost of revenue | 137M+25.0% | 109M+0.9% | 108M | |
| Research & development | 19.0M+46.2% | 13.0M-29.7% | 18.5M | |
| Selling, general & administrative | 117M+87.1% | 62.6M+15.8% | 54.0M | |
| Selling & marketing | 3.20M+220.0% | 1.00M+42.9% | 700K | |
| Amortization of intangibles | 8.54M-10.9% | 9.58M+48.4% | 6.46M | |
| Operating income | -108M-124.0% | -48.4M-241.8% | -14.2M | |
| Interest expense | 6.82M-43.2% | 12.0M+13.5% | 10.6M | |
| Interest & investment income | 11.6M+518.1% | 1.88M+2400.0% | 75.0K | |
| Other non-operating income | 10.4M+386.6% | 2.13M+78.3% | 1.19M | |
| Pre-tax income | -113M-67.5% | -67.3M-170.9% | -24.9M | |
| Income tax | -440K+74.2% | -1.71M-600.9% | 341K | |
| -105M-68.9% | -62.1M-144.0% | -25.4M | ||
| Net income to non-controlling interest | -7.52M-111.4% | -3.56M-1581.7% | 240K | |
| Net income to common | -116M-38.4% | -83.9M-93.8% | -43.3M | |
| -$2.89+58.8% | -$7.01-92.1% | -$3.65 | ||
| EPS (basic) | -$2.89+56.1% | -$6.59-88.3% | -$3.50 | |
| Weighted-avg shares (basic) | 40.2M+215.7% | 12.7M+3.0% | 12.4M | |
| Weighted-avg shares (diluted) | 40.2M+215.5% | 12.7M-0.1% | 12.8M | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | |
| 581M+472.3% | 102M | — | ||
| Cash & equivalents | 491M+778.5% | 55.9M+84.7% | 30.3M | |
| Accounts receivable | 29.8M+94.1% | 15.4M | — | |
| Inventory | 3.83M+150.7% | 1.53M | — | |
| Prepaid expenses | 26.5M+131.6% | 11.5M | — | |
| 1.05B+324.3% | 248M | — | ||
| Property, plant & equipment | 164M+232.3% | 49.4M | — | |
| Operating lease right-of-use | 18.2M+122.4% | 8.17M | — | |
| Goodwill | 158M+239.0% | 46.5M | — | |
| Intangible assets | 99.0M+185.4% | 34.7M | — | |
| Other non-current assets | 30.0M+316.8% | 7.21M | — | |
| 133M+52.2% | 87.4M | — | ||
| Accounts payable | 27.4M+20.2% | 22.8M | — | |
| Accrued liabilities | 75.5M+90.6% | 39.6M | — | |
| Deferred revenue | 24.3M+13.9% | 21.4M | — | |
| Current lease liability | 5.83M+94.4% | 3.00M | — | |
| Other current liabilities | 32.8M+104.2% | 16.1M | — | |
| 621M+230.9% | 188M | — | ||
| Deferred revenue (non-current) | 7.90M+186.0% | 2.76M | — | |
| Non-current lease liability | 13.3M+114.9% | 6.21M | — | |
| Operating lease liability (total) | 19.2M | — | — | |
| Deferred tax liabilities | 8.86M+7808.9% | 112K | — | |
| Other non-current liabilities | 10.2M+9867.6% | 102K | — | |
| 384M+650.5% | -69.7M+24.7% | -92.6M | ||
| Additional paid-in capital | 797M+5187.7% | 15.1M | — | |
| Retained earnings | -386M-37.3% | -281M-29.7% | -217M | |
| Treasury stock | 27.7M | 0.00 | — | |
| Accumulated other comprehensive income | -95.0K-439.3% | 28.0K | — | |
| Non-controlling interest | 45.8M+1136.9% | 3.70M | — | |
| Total equity incl. non-controlling | 430M+750.8% | -66.0M+28.7% | -92.6M | |
| Total liabilities & equity | 1.05B+324.3% | 248M | — | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | |
| -60.9M-139.0% | -25.5M-65.8% | -15.4M | ||
| Depreciation & amortization | 13.4M-1.3% | 13.6M+32.1% | 10.3M | |
| Intangible amortization | 8.54M-10.9% | 9.58M+48.4% | 6.46M | |
| Share-based compensation | 18.9M+403.0% | 3.76M+38.9% | 2.71M | |
| Deferred income taxes | -478K+81.7% | -2.61M-161.4% | -1.00M | |
| Change in receivables | 5.16M+16.3% | 4.43M+942.6% | -526K | |
| Change in inventory | 341K+121.6% | -1.58M-6.0% | -1.49M | |
| Change in payables | 4.07M+167.1% | -6.07M-289.4% | -1.56M | |
| -262M-841.9% | -27.8M-339.5% | 11.6M | ||
| Capital expenditure | 145M+74.9% | 82.7M+380.6% | 17.2M | |
| Free cash flow | -206M-90.0% | -108M-232.0% | -32.6M | |
| Acquisitions | 152M | 0.00+100.0% | -2.05M | |
| Purchases of investments | 15.5M | 0.00-100.0% | 100K | |
| 758M+859.8% | 79.0M+3988.9% | 1.93M | ||
| Long-term debt issued | 0.00 | 0.00 | 0.00 | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 45.9M | 0.00 | 0.00 | |
| Common stock repurchased | 27.7M | 0.00 | 0.00 | |
| Dividends paid | 0.00 | 0.00 | 0.00 | |
| Other financing activities | 1.18M+166.4% | -1.77M+10.4% | -1.98M | |
| Net change in cash | 435M+1597.4% | 25.7M+1491.8% | -1.84M | |
| Interest paid | 2.90M-50.7% | 5.89M-3.0% | 6.07M | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | |
| Market cap | 1.53B | — | — | |
| P/S | 9.2× | — | — | |
| P/B | 4.0× | — | — | |
| Source filing | 10-K | 10-K | 10-K |
About this data
Source: VOYG’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all VOYG filings on SEC EDGAR → Not investment advice.