Virtus Convertible & Income Fund - Understand $ncv stock

$NCV Market Cap: $323.5 Million

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Financial Snapshot

Revenue

$50.12M

TTM

Gross Margin

59.42%

TTM

Net Earnings

-$88.50M

TTM

Current Assets

$23.41M

Q1 2024

Current Liabilities

$55.00M

Q1 2024

Current Ratio

42.56%

Q1 2024

Total Assets

$553.5M

Q1 2024

Total Liabilities

$120.7M

Q1 2024

Book Value

$432.8M

Q1 2024

Cash

P/E

-3.656

Nov 29, 2024 EST

Free Cash Flow

Revenues

Revenue YoY Change

Revenues

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Revenue	$24.60M	$25.52M	$26.46M	$40.44M	$54.82M	$58.17M	$68.53M	$71.98M	$81.20M	$85.83M	$91.32M	$85.32M	$88.27M	$97.33M
YoY Change	-3.62%	-3.56%	-34.56%	-26.23%	-5.76%	-15.12%	-4.79%	-11.35%	-5.39%	-6.01%	7.03%	-3.34%	-9.31%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Revenue	$24.60M	$25.52M	$26.46M	$40.44M	$54.82M	$58.17M	$68.53M	$71.98M	$81.20M	$85.83M	$91.32M	$85.32M	$88.27M	$97.33M
Cost Of Revenue	$11.82M	$8.420M	$7.416M	$6.580M	$7.570M	$8.140M	$7.480M	$7.560M	$7.890M	$9.480M	$8.990M	$8.090M	$8.250M	$8.340M
Gross Profit	$12.77M	$17.10M	$19.05M	$33.86M	$47.25M	$50.03M	$61.05M	$64.42M	$73.31M	$76.35M	$82.32M	$77.23M	$80.03M	$88.99M
Gross Profit Margin	51.93%	67.01%	71.97%	83.73%	86.19%	86.01%	89.09%	89.5%	90.28%	88.95%	90.14%	90.52%	90.67%	91.43%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Selling, General & Admin	$58.00K	$240.0K	$252.0K	$340.0K	$110.0K	$210.0K	$80.00K	$80.00K	$100.0K	$100.0K	$60.00K	$60.00K	$60.00K	$140.0K
YoY Change	-75.83%	-4.76%	-25.88%	209.09%	-47.62%	162.5%	0.0%	-20.0%	0.0%	66.67%	0.0%	0.0%	-57.14%
% of Gross Profit	0.45%	1.4%	1.32%	1.0%	0.23%	0.42%	0.13%	0.12%	0.14%	0.13%	0.07%	0.08%	0.07%	0.16%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses	-$236.0K	-$200.0K	-$156.0K	$350.0K	$170.0K	$300.0K	$100.0K	$150.0K	$130.0K	$140.0K	-$30.00K	$70.00K	$70.00K	$160.0K
YoY Change	18.0%	28.21%	-144.57%	105.88%	-43.33%	200.0%	-33.33%	15.38%	-7.14%	-566.67%	-142.86%	0.0%	-56.25%
Operating Profit	$13.01M	$17.30M	$19.20M	$33.51M	$47.08M	$49.73M	$60.95M	$64.27M	$73.18M	$76.21M	$82.35M	$77.16M	$79.96M	$88.83M
YoY Change	-24.82%	-9.91%	-42.7%	-28.82%	-5.33%	-18.41%	-5.17%	-12.18%	-3.98%	-7.46%	6.73%	-3.5%	-9.99%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Interest Expense	-$4.559M	-$98.54M	-$54.22M	$122.0M	-$2.120M	-$57.08M	-$14.44M	$126.4M	-$248.7M	-$74.48M	$60.28M	$15.18M	-$78.33M	$75.90M
YoY Change	-95.37%	81.76%	-144.43%	-5855.66%	-96.29%	295.29%	-111.42%	-150.82%	233.94%	-223.56%	297.1%	-119.38%	-203.2%
% of Operating Profit	-35.05%	-569.6%	-282.34%	364.13%	-4.5%	-114.78%	-23.69%	196.65%	-339.87%	-97.73%	73.2%	19.67%	-97.96%	85.44%
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Pretax Income	$8.448M	-$81.24M	-$35.01M	$155.5M	$44.96M	-$7.350M	$46.51M	$190.7M	-$175.5M	$1.730M	$142.6M	$92.34M	$1.620M	$164.7M
YoY Change	-110.4%	132.03%	-122.51%	245.93%	-711.7%	-115.8%	-75.61%	-208.61%	-10246.82%	-98.79%	54.46%	5600.0%	-99.02%
Income Tax
% Of Pretax Income
Net Earnings	$2.823M	-$91.31M	-$35.01M	$155.5M	$44.96M	-$7.350M	$46.51M	$190.7M	-$175.5M	$1.730M	$142.6M	$92.34M	$1.620M	$164.7M
YoY Change	-103.09%	160.79%	-122.51%	245.93%	-711.7%	-115.8%	-75.61%	-208.61%	-10246.82%	-98.79%	54.46%	5600.0%	-99.02%
Net Earnings / Revenue	11.48%	-357.8%	-132.31%	384.59%	82.01%	-12.64%	67.87%	264.88%	-216.18%	2.02%	156.19%	108.23%	1.84%	169.25%
Basic Earnings Per Share
Diluted Earnings Per Share	$0.03	-$1.01	-$387.4K	$1.721M	$497.5K	-$82.02K	$523.7K	$2.162M	-$1.994M	$19.73K	$1.668M	$1.193M	$21.45K	$2.211M

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Cash & Short-Term Investments	$15.36M	$100.0K	$2.677M	$0.00	$0.00	$1.300M
YoY Change	15258.0%	-96.26%			-100.0%
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets	$171.0K	$200.0K	$246.0K	$0.00	$0.00	$0.00	$100.0K	$200.0K	$200.0K	$0.00	$100.0K	$0.00	$100.0K	$100.0K
YoY Change	-14.5%	-18.7%				-100.0%	-50.0%	0.0%		-100.0%		-100.0%	0.0%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets	$23.41M	$13.50M	$10.38M	$7.600M	$15.60M	$25.60M	$18.30M	$14.00M	$14.50M	$24.90M	$56.50M	$17.40M	$21.20M	$25.80M
YoY Change	73.39%	30.03%	36.61%	-51.28%	-39.06%	39.89%	30.71%	-3.45%	-41.77%	-55.93%	224.71%	-17.92%	-17.83%
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$530.1M	$643.3M	$863.9M	$863.7M	$831.0M	$861.6M	$928.5M	$954.9M	$849.8M	$1.089B	$1.165B	$1.027B	$1.003B	$1.074B
YoY Change	-17.59%	-25.53%	0.02%	3.94%	-3.55%	-7.21%	-2.76%	12.37%	-21.98%	-6.51%	13.4%	2.41%	-6.59%
Other Assets				$400.0K	$200.0K	$100.0K	$100.0K	$0.00	$0.00
YoY Change				100.0%	100.0%	0.0%
Total Long-Term Assets	$530.1M	$643.2M	$863.9M	$952.9M	$831.2M	$861.8M	$928.6M	$954.9M	$849.9M	$1.089B	$1.165B	$1.027B	$1.003B	$1.074B
YoY Change	-17.58%	-25.54%	-9.34%	14.64%	-3.55%	-7.19%	-2.75%	12.35%	-21.97%	-6.51%	13.4%	2.42%	-6.59%
Total Assets	$553.5M	$656.7M	$874.3M	$960.5M	$846.8M	$887.4M	$946.9M	$968.9M	$864.4M	$1.114B	$1.222B	$1.045B	$1.024B	$1.100B
YoY Change
Accounts Payable
YoY Change
Accrued Expenses	$394.0K	$900.0K	$140.0K	$200.0K	$200.0K	$300.0K	$300.0K	$400.0K	$300.0K	$600.0K	$400.0K	$200.0K	$200.0K	$100.0K
YoY Change	-56.22%	542.86%	-30.0%	0.0%	-33.33%	0.0%	-25.0%	33.33%	-50.0%	50.0%	100.0%	0.0%	100.0%
Deferred Revenue
YoY Change
Short-Term Debt	$34.00M	$170.0M	$28.85M	$28.90M	$28.90M	$28.90M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change	-80.0%	489.21%	-0.17%	0.0%	0.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$55.00M	$188.2M	$49.52M	$53.10M	$41.90M	$61.40M	$9.000M	$6.700M	$22.90M	$17.20M	$53.10M	$7.700M	$13.90M	$15.30M
YoY Change	-70.78%	280.04%	-6.74%	26.73%	-31.76%	582.22%	34.33%	-70.74%	33.14%	-67.61%	589.61%	-44.6%	-9.15%
Long-Term Debt	$65.55M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Other Long-Term Liabilities	$163.0K	$200.0K	$206.0K	$200.0K	$100.0K	$100.0K	$100.0K	$0.00	$0.00
YoY Change	-18.5%	-2.91%	3.0%	100.0%	0.0%	0.0%
Total Long-Term Liabilities	$65.71M	$200.0K	$206.0K	$200.0K	$100.0K	$100.0K	$100.0K	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change	32754.5%	-2.91%	3.0%	100.0%	0.0%	0.0%
Total Liabilities	$120.7M	$188.3M	$49.73M	$53.20M	$41.90M	$61.50M	$9.000M	$6.700M	$22.90M	$17.10M	$53.10M	$7.700M	$13.80M	$15.40M
YoY Change	-35.9%	278.67%	-6.53%	26.97%	-31.87%	583.33%	34.33%	-70.74%	33.92%	-67.8%	589.61%	-44.2%	-10.39%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Basic Shares Outstanding
Diluted Shares Outstanding
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $323.54 Million

About Virtus Convertible & Income Fund

Virtus Convertible & Income Fund is a US-based company operating in industry. The company is headquartered in Greenfield, Massachusetts. The company went IPO on 2003-03-27. Virtus Convertible & Income Fund (the Fund) is a diversified, closed-end management investment company. The Fund's investment objective is to provide total return through a combination of capital appreciation and high current income. Under normal circumstances, the Fund invest approximately 80% of its total assets in a diversified portfolio of convertible securities and non-convertible income-producing securities. The Fund seeks to invest at least 50% of the portfolio in convertible securities, but determines the allocation based on changes in equity prices, changes in interest rates, and other economic and market factors. The Fund invests in various sectors, including airlines, auto manufacturers, banks, computers, biotechnology, diversified financial services, commercial services, healthcare products and media, among others. The Fund's investment advisor is Virtus Investment Advisers, Inc., and its investment subadvisor is Voya Investment Management Co. LLC.

Industry: UNKNOWN Peers: