arrow_back Back Filing freshness 10-Q FY 2025 SEC EDGAR

download Export Data

Voyager Technologies, Inc./DE

VOYG

$41.87 ▲ +3.52 (+9.18%) at close

3 Visible periods

26 Metrics

Peer-ranked Benchmarks

Price Chart

Health

Poor

Bearish

auto_awesome

Analytical Summary

Voyager Technologies, Inc./DE faces fundamental challenges with weakness in Return on Common Equity (%) and Profit Margin (%). The fundamentals warrant careful consideration of downside risks.

Market Cap $1.7B

Dividend Yield —

Revenue Growth 15.4% ↗

Op. Margin -65.2% ↘

ROIC -28.2% ↘

FCF / Share $-5.11 ↗

Trailing P/E —

Price / Book 4.4x

FCF Yield —

Debt / Equity —

info Valuation on last close. End-of-day price, Aug 7, 2026.

3-Year Financial Trajectory

Annual

Metric Value Trend Year over Year Percentile

Revenue Total top-line sales

$166.42M

↑ +15.4% —

Net Income Profit after all expenses

$-104.81M

↓ -68.9% —

Operating Margin Operating profit as % of sales

-65.2%

↓ -94.0% 4th

FCF / Share Free cash flow per share

$-5.11

↑ +39.8% —

trending_up

Bullish Indicators

No bullish signals detected.

warning

Bearish Risks

Operating Margin (%)Operating Margin (%) is in the bottom quartile
Profit Margin (%)Profit Margin (%) is in the bottom quartile
Return on Common Equity (%)Return on Common Equity (%) is in the bottom quartile

Health Breakdown

Profitability ↓

Returns

Financial Health ↓

Cash Quality ↑

Financial view

Statement lens

Choose the reporting cadence, isolate a period range, or search directly for a metric.

Cadence

Annual Quarterly

Range

→

📈 Is growth accelerating? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗
Revenue Growth YoY (%)	15.4% Good Good Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+208%)	6.0% Fair Fair Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+19%)	—
EPS Growth YoY (%)	56.1% Excellent Excellent Year-over-year change in earnings per share Optimal: > 10%	-88.3% Weak Weak Year-over-year change in earnings per share Optimal: > 10%	—
Net Income Growth YoY (%)	-68.9% Weak Weak Year-over-year change in net income	-144.0% Weak Weak Year-over-year change in net income	—
FCF Growth YoY (%)	39.8% Excellent Excellent Year-over-year change in free cash flow	-222.2% Weak Weak Year-over-year change in free cash flow	—

💰 Are margins durable? 5 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗
Operating Margin (%) (%)	-65.2% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-643%)	-33.6% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-380%)	-10.4% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-187%)
Effective Tax Rate (%) (%)	0.4% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	2.5% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	-1.4% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%
Profit Margin (%) (%)	-63.0% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-887%)	-43.1% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-638%)	-18.7% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-334%)
FCF Margin (%) (%)	-123.6% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	-75.0% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	-24.0% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%
FCF / Net Income (x)	1.96x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	1.74x Excellent Excellent Free cash flow relative to reported net income Optimal: > 1x	1.28x Good Good Free cash flow relative to reported net income Optimal: > 1x

🎯 Is capital allocation efficient? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗
Return on Invested Capital (%)	-28.2% Weak Weak Return earned on debt + equity capital invested Optimal: > 10%	67.7% Excellent Excellent Return earned on debt + equity capital invested Optimal: > 10%	—
Return on Capital (%) (%)	-10.3% Weak Weak Operating profit relative to total assets Optimal: > 10%	-19.6% Weak Weak Operating profit relative to total assets Optimal: > 10%	—
Return on Common Equity (%) (%)	-27.3% Weak Weak Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-282%)	89.1% Excellent Excellent Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+494%)	—

⚖️ Is the balance sheet risky? 2 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗
Interest Coverage (x)	-37.35x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	-8.22x Weak Weak Operating income divided by interest expense Optimal: > 5x	-2.33x Weak Weak Operating income divided by interest expense Optimal: > 5x
Net Debt (USD)	$-491.33M	$-55.93M	—

📊 What does each share earn? 6 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗
Revenue per Share (USD)	$4.14	$11.32	$11.01
Basic EPS, GAAP (USD)	$-2.89	$-6.59	$-3.50
Free Cash Flow per Share (USD)	$-5.11	$-8.50	$-2.64
Book Value per Share (USD)	$9.54	$-5.47	—
Tangible Book Value per Share (USD)	$3.16	$-11.85	—
Basic Weighted Avg Shares (shares)	40.21M	12.74M	12.36M

🏦 How resilient is the balance sheet? 2 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗
Working Capital (USD)	$448.27M	$14.17M	—
Total Equity (USD)	$383.72M	$-69.70M	—

📋 What is driving earnings? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗
Sales/Revenue/Turnover (USD)	$166.42M	$144.18M	$136.06M
Depreciation Expense (USD)	$13.42M	$13.60M	$10.29M
Net Income, GAAP (USD)	$-104.81M	$-62.07M	$-25.44M
Operating Cash Flow (USD)	$-60.94M	$-25.50M	$-15.38M

⌨️ Keyboard Shortcuts

/ Search

Esc Clear

A Annual

Q Quarterly

1-7 Jump to category

R Reset

bar_chart Data from SEC EDGAR XBRL filings

Synced 1 week ago 3 years · 8 quarters

Voyager Technologies, Inc./DE

Analytical Summary

3-Year Financial Trajectory

Bullish Indicators

Bearish Risks

Health Breakdown

Statement lens

Benchmark Lens

Signals

Percentile Rankings

Peer Comparison

Compare VOYG with peers