Veritone Inc

Veritone Inc

VERI · NASDAQ · Technology / Software - Infrastructure

0.4516USD-0.04 (-7.95%)

Price History

Full chart

Market Stats

Previous Close0.4906
Open0.4873
Day Range0.43 – 0.4873
52-Week Range0.755 – 9.42
Volume4.31M
Market Cap131.60M
P/E (TTM)0.00
Forward P/E666.67
EPS-1.27
Dividend Yield0.00%
Beta2.27
50-Day Avg1.06
200-Day Avg2.39

About

Veritone, Inc., together with its subsidiaries, engages in the provision of artificial intelligence (AI) computing solutions and services in the United States, the United Kingdom, France, Australia, Israel, and India. It develops and operates aiWARE platform, an AI operating system, that uses machine learning algorithms or AI models designed to mimic human cognitive functions, such as perception, prediction, and problem solving and optimization, as well as enables users to transform unstructured data into structured data, analyze and optimize data to drive business processes and insights. The company also offers software products and services to commercial enterprise and public sector customers; and managed services, including cloud-native digital content management solutions; and content licensing and representation services. It serves media and entertainment, government, legal and compliance, energy, and other vertical markets. The company has a strategic partnership with LeoSight for the development of an AI-based public safety platform. The company was formerly known as Veritone Delaware, Inc. and changed its name to Veritone, Inc. in July 2014. Veritone, Inc. was incorporated in 2014 and is headquartered in Irvine, California.

Company Details

  • SectorTechnology
  • IndustrySoftware - Infrastructure
  • CEOMr. Ryan Scott Steelberg
  • Employees437
  • Headquarters5291 California Avenue, Irvine, CA, United States, 92617, USA
  • Websitehttps://www.veritone.com

Leadership

  • Mr. Ryan Scott SteelbergCo-Founder, President, CEO & Chairman · b. 1974
  • Mr. Michael L. Zemetra CPAExecutive VP, CFO & Treasurer · b. 1971
  • Mr. Craig S. GatarzChief Legal Officer · b. 1962
  • Mr. Thor ValdmanisSenior Vice President of Corporate Communications
  • Ms. Julie HardingChief People Officer
  • Mr. John A. Ganley Jr.Senior Advisor to the Chief Executive Officer · b. 1948
  • Mr. Albert C. BrownCTO of aiWARE
  • Mr. Matthew O'ConnorChief Revenue Officer of Veritone HR Solutions
  • Mr. Sean Patrick KingChief Revenue Officer & GM of Veritone Commercial
  • Mr. Chris DoeSenior Vice President of Product

Financials

Income Statement

Currency: USD2014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue7.81M13.93M8.91M14.41M27.05M49.65M57.71M57.71M149.73M99.99M92.64M92.19M
Growth (%)-+78.43%-36.02%+61.74%+87.66%+83.56%+16.23%0.00%+159.46%-33.22%-7.35%-0.48%
Cost of Revenue134.47K1.86M1.58M1.07M6.48M15.26M15.66M15.66M27.43M27.77M27.25M56.78M
Gross Profit7.67M12.07M7.33M13.34M20.57M34.39M42.05M42.05M122.30M72.22M65.38M35.41M
Gross Margin98.28%86.65%82.30%92.58%76.05%69.26%72.86%72.86%81.68%72.23%70.58%38.41%
Operating Expense11.88M18.36M31.11M60.10M82.56M98.46M89.72M89.72M160.29M171.79M153.59M111.55M
Operating Income-4.21M-6.29M-23.78M-46.76M-61.99M-64.07M-47.67M-47.67M-37.99M-99.57M-88.21M-76.14M
Operating Margin-53.96%-45.16%-266.86%-324.44%-229.19%-129.05%-82.61%-82.61%-25.38%-99.58%-95.22%-82.59%
EBITDA-4.18M-6.15M-22.93M-46.76M-57.38M-58.12M-41.27M-38.64M5.16M-39.52M-58.78M-73.70M
EBITDA Margin-53.56%-44.14%-257.34%-324.44%-212.15%-117.07%-71.51%-66.95%3.45%-39.52%-63.46%-79.94%
Net Income-4.21M-6.21M-26.98M-59.60M-61.10M-62.08M-47.88M-47.80M-25.56M-58.63M-37.38M-111.73M
Net Income Margin-53.95%-44.59%-302.76%-413.52%-225.92%-125.04%-82.96%-82.83%-17.07%-58.63%-40.36%-121.19%
R&D2.64M4.63M7.90M13.97M22.09M22.78M14.38M14.38M43.59M40.59M26.82M20.80M
R&D as % of Total Revenue33.83%33.26%88.65%96.93%81.69%45.87%24.92%24.92%29.11%40.60%28.95%22.56%
Interest Expense003.89M4.24M0541.00K127.00K9.00K4.86M2.45M12.07M10.20M
Interest Expense % of Total Revenue0.00%0.00%43.65%29.39%0.00%1.09%0.22%0.02%3.25%2.45%13.03%11.06%

Balance Sheet

Currency: USD2014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets30.09M28.27M22.35M88.56M119.54M108.53M177.65M504.75M424.75M378.86M198.06M182.28M
Total Liabilities21.46M47.84M67.87M27.26M57.53M61.12M89.44M424.17M344.58M340.71M184.61M114.16M
Total Equity8.61M-19.58M-45.52M61.30M62.01M47.41M88.21M80.58M80.17M38.15M13.45M68.12M
Cash18.75M19.20M12.08M29.55M37.54M44.06M114.82M254.72M184.42M46.61M16.91M27.43M
Total Debt--13.39M----309.10M139.88M142.75M119.90M47.22M
Net Debt-18.75M-19.20M1.31M-29.55M-37.54M-44.06M-114.82M-59.64M-46.66M96.14M102.99M19.80M

Cash Flow

Currency: USD2014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow12.83M2.40M-26.75M-31.91M-38.45M-30.12M1.43M7.23M3.74M-76.42M-24.72M-53.20M
Investing Cash Flow2.78M-494.00K-137.00K-44.33M12.15M11.96M-119.00K-53.84M-12.10M-54.88M-1.61M-4.98M
Financing Cash Flow16.53M-1.46M19.77M93.70M34.29M24.61M69.44M186.51M-61.93M26.33M-37.06M69.42M
Capital Expenditure69.04K494.00K37.00K4.48M4.29M770.00K175.00K1.02M4.76M5.12M6.10M4.98M
Free Cash Flow12.76M1.91M-26.79M-36.39M-42.73M-30.89M1.26M6.22M-1.03M-81.54M-30.82M-58.18M
Dividends Paid---0----9.77M---
FCF to OCF99.46%79.44%100.14%114.03%111.15%102.56%87.79%85.96%-27.51%106.70%124.67%109.36%
Dividend Paid to FCF---0.00%-----950.00%---

Earnings

Report DateMar 1, 2017May 12, 2017Aug 8, 2017Nov 6, 2017Feb 26, 2018May 8, 2018Aug 13, 2018Nov 12, 2018Feb 21, 2019May 8, 2019Aug 7, 2019Nov 6, 2019Mar 4, 2020May 11, 2020Aug 10, 2020Nov 9, 2020Mar 4, 2021May 4, 2021Aug 3, 2021Nov 9, 2021Mar 3, 2022May 3, 2022Aug 9, 2022Nov 8, 2022Mar 2, 2023May 2, 2023Aug 8, 2023Nov 8, 2023Mar 12, 2024May 7, 2024Aug 14, 2024Nov 12, 2024Mar 10, 2025May 8, 2025Aug 7, 2025Nov 6, 2025Mar 12, 2026Apr 15, 2026Aug 13, 2026Nov 5, 2026
EPS Estimate0.00-0.89-0.89-0.53-0.60-0.64-0.75-0.75-0.72-0.57-0.47-0.43-0.38-0.30-0.22-0.20-0.15-0.14-0.14-0.110.21-0.10-0.09-0.180.07-0.24-0.23-0.18-0.15-0.20-0.15-0.16-0.22-0.18-0.24-0.11-0.09-0.05-0.12-
EPS Actual-3.63-0.46-2.94-1.31-0.83-0.81-0.86-0.75-0.92-0.48-0.44-0.43-0.33-0.25-0.21-0.15-0.14-0.12-0.12-0.070.37-0.15-0.20-0.160.05-0.26-0.35-0.21-0.16-0.20-0.18-0.190.83-0.25-0.21-0.09-0.41-0.13-0.13-
Surprise-48.31%-230.34%-147.17%-38.33%-26.56%-14.67%0.00%-27.78%15.79%6.38%0.00%13.16%16.67%4.55%25.00%6.67%14.29%14.29%36.36%76.19%-50.00%-122.22%11.11%-28.57%-8.33%-52.17%-16.67%-6.67%0.00%-20.00%-18.75%472.85%-38.89%12.50%18.18%-342.21%-160.00%-8.33%-
Timing-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hours-

Key Statistics & Ratios

Market Cap131.60M
Enterprise Value164.98M
Trailing P/E0.00
Forward P/E666.67
PEG Ratio-0.07
Price / Sales1.45
Price / Book3.42
EPS-1.27
Book Value0.382
Revenue (TTM)91.06M
Gross Profit (TTM)60.28M
EBITDA-58.13M
Profit Margin-117.54%
Operating Margin-72.60%
Return on Equity-547.66%
Return on Assets-28.95%
Shares Outstanding100.46M
Shares Float89.97M
Beta2.27
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Buy
Based on 4 analystsTarget 5.38
  • Strong Buy
    2
  • Buy
    1
  • Hold
    1

Ownership Breakdown

Institutions
28.23%
Insiders
10.53%
Retail / Other
61.24%

Top Institutional Holders

  • Vanguard Capital Management, LLC
    3.80M3.78%
  • Banta Asset Management LP
    2.64M2.62%
  • BlackRock Inc
    1.61M1.60%
  • Royce & Associates, LP
    1.32M1.32%
  • Silvercrest Asset Management Group LLC
    1.11M1.11%
  • Geode Capital Management, LLC
    977.27K0.97%
  • Susquehanna International Group, LLP
    946.75K0.94%
  • Citadel Advisors Llc
    884.22K0.88%
  • UBS Group AG
    856.68K0.85%
  • Two Sigma Investments LLC
    678.17K0.68%
  • The Goldman Sachs Group Inc
    665.34K0.66%
  • Qube Research & Technologies
    561.70K0.56%
  • CWM Advisors, LLC
    501.83K0.50%
  • Vanguard Fiduciary Trust Co
    488.68K0.49%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    2.80M2.79%
  • iShares Russell 2000 ETF
    2.36M2.35%
  • Fidelity Small Cap Index
    917.41K0.91%
  • iShares Russell 2000 Value ETF
    518.10K0.52%
  • Inspire Small/Mid Cap ETF
    509.06K0.51%
  • Vanguard Russell 2000 ETF
    486.43K0.48%