Visionary Holdings Inc. (GV) 10-Year Financial Performance & Capital Metrics

GV • • Industrial / General

Consumer DefensiveEducation & TrainingHigher Education & Professional TrainingGeneral Higher Education

AboutVisionary Holdings Inc. provides private online and in person educational programs and services to Canadian and international students that reside in Canada and internationally. The company's educational programs include Ontario secondary school diploma, career-oriented two-year college and four-year university diploma programs, vocational education programs, and master programs. It also provides educational services, such as immigration and study visa, student housing, career guidance, internship, and entrepreneurship guidance. The company was formerly known as Visionary Education Technology Holdings Group Inc. and changed its name to Visionary Holdings Inc. in February 2024. The company was incorporated in 2013 and is headquartered in Toronto, Canada. Visionary Holdings Inc. operates as a subsidiary of 3888 Investment Group Limited.Show more

Revenue $9M +11.2%
EBITDA $114K -93.8%
Net Income $1M +129.4%
EPS (Diluted) 0.02 +123.5%
Gross Margin -7.62% -117.1%
EBITDA Margin 1.22% -94.4%
Operating Margin -24.82% -585.9%
Net Margin 10.9% +126.5%
ROE 6.72% +115.8%
ROIC -2.44% -423.0%
Debt/Equity 3.56 -10.8%
Interest Coverage -0.38 -389.2%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Trading at only 0.2x book value

✗Weaknesses

✗High debt to equity ratio of 3.6x
✗Profits declining 27.3% over 5 years
✗Weak Piotroski F-Score: 3/9
✗Negative free cash flow
✗Weak momentum: RS Rating 14 (bottom 14%)
✗Sales declining 41.6% over 5 years

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-20.17%

5Y-41.6%

3Y6.69%

TTM-83.81%

Profit (Net Income) CAGR

10Y-12.26%

5Y-27.27%

3Y-29.07%

TTM-155.24%

EPS CAGR

10Y-17.81%

5Y-36.22%

3Y-33.88%

TTM-133.52%

ROCE

10Y Avg12.72%

5Y Avg11.56%

3Y Avg-1.71%

Latest-13.73%

Peer Comparison

General Higher Education

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
APEIAmerican Public Education, Inc.	732.44M	40.50	73.64	4%	4.87%	11.42%	3.79%	0.66
GVVisionary Holdings Inc.	5.11M	1.25	59.24	11.25%	-23.15%	-21.19%		3.56
LAURLaureate Education, Inc.	5.22B	35.42	18.45	5.55%	12.86%	18.22%	3.08%	0.45
STRAStrategic Education, Inc.	1.99B	84.52	18.10	7.68%	9.08%	6.89%	6.49%	0.08
PRDOPerdoceo Education Corporation	2.05B	31.81	14.53	-4.05%	20.09%	15.68%	7.67%	0.14
PXEDPhoenix Education Partners, Inc	1.09B	30.47	8.10	6.02%	13.29%	45.46%	5.96%	0.31
LXEHLixiang Education Holding Co., Ltd.	3.65M	0.20	-0.01	-35.45%	-179.26%	-103.96%		0.90

Profit & Loss

	Dec 2014	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Sales/Revenue+	98.36M	120.57M	130.42M	113.95M	138.15M	932.71K	7.73M	5.25M	8.43M	9.38M
Revenue Growth %	0.1%	0.23%	0.08%	-0.13%	0.21%	-0.99%	7.28%	-0.32%	0.61%	0.11%
Cost of Goods Sold+	86.93M	100.51M	96.81M	89.86M	114.99M	469.86K	3.46M	2.64M	4.67M	10.1M
COGS % of Revenue	0.88%	0.83%	0.74%	0.79%	0.83%	0.5%	0.45%	0.5%	0.55%	1.08%
Gross Profit+	11.44M	20.06M	33.61M	24.09M	23.16M	462.85K	4.27M	2.61M	3.76M	-714.93K
Gross Margin %	0.12%	0.17%	0.26%	0.21%	0.17%	0.5%	0.55%	0.5%	0.45%	-0.08%
Gross Profit Growth %	-0.33%	0.75%	0.68%	-0.28%	-0.04%	-0.98%	8.22%	-0.39%	0.44%	-1.19%
Operating Expenses+	10.39M	11.31M	12.23M	13.83M	15.77M	81.64K	452.33K	1.09M	3.22M	1.61M
OpEx % of Revenue	0.11%	0.09%	0.09%	0.12%	0.11%	0.09%	0.06%	0.21%	0.38%	0.17%
Selling, General & Admin	4.32M	4.75M	5.91M	6.61M	7.34M	81.64K	536.99K	1.58M	3.33M	1.61M
SG&A % of Revenue	0.04%	0.04%	0.05%	0.06%	0.05%	0.09%	0.07%	0.3%	0.4%	0.17%
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	6.06M	6.56M	6.31M	7.22M	8.44M	0	245.02K	20.71K	-133.41K	0
Operating Income+	1.05M	8.75M	21.39M	10.26M	7.39M	381.21K	3.73M	1.03M	430.79K	-2.33M
Operating Margin %	0.01%	0.07%	0.16%	0.09%	0.05%	0.41%	0.48%	0.2%	0.05%	-0.25%
Operating Income Growth %	-0.87%	7.33%	1.44%	-0.52%	-0.28%	-0.95%	8.78%	-0.72%	-0.58%	-6.4%
EBITDA+	7.12M	15.31M	27.7M	17.48M	15.82M	437.11K	3.78M	1.53M	1.83M	114K
EBITDA Margin %	0.07%	0.13%	0.21%	0.15%	0.11%	0.47%	0.49%	0.29%	0.22%	0.01%
EBITDA Growth %	-0.46%	1.15%	0.81%	-0.37%	-0.09%	-0.97%	7.65%	-0.6%	0.2%	-0.94%
D&A (Non-Cash Add-back)	6.06M	6.56M	6.31M	7.22M	8.44M	55.9K	53.76K	494.73K	1.39M	2.44M
EBIT	1.46M	8.87M	21.51M	10.27M	7.7M	381.3K	4.06M	1.16M	-1.16M	7.66M
Net Interest Income+	0	0	0	0	0	-87.06K	-141.69K	-906.4K	-3.28M	-6.12M
Interest Income	0	0	0	0	0	91	0	0	0	0
Interest Expense	681.1K	667.6K	591.18K	665.27K	875.65K	1.45M	141.69K	906.4K	3.28M	6.12M
Other Income/Expense	-272.6K	-548.15K	-471.71K	-652.73K	-562.44K	-86.97K	187.99K	-774.68K	-4.86M	3.87M
Pretax Income+	778.14K	8.2M	20.92M	9.61M	6.82M	294.23K	3.92M	256.29K	-4.43M	1.54M
Pretax Margin %	0.01%	0.07%	0.16%	0.08%	0.05%	0.32%	0.51%	0.05%	-0.53%	0.16%
Income Tax+	653.44K	3.38M	7.81M	1.04M	1.8M	52.49K	1M	312.77K	-861.86K	574.21K
Effective Tax Rate %	-0.41%	0.55%	0.62%	0.86%	0.74%	0.73%	0.73%	0.04%	0.78%	0.66%
Net Income+	-319.06K	4.49M	13M	8.3M	5.03M	215.75K	2.87M	9.75K	-3.47M	1.02M
Net Margin %	-0%	0.04%	0.1%	0.07%	0.04%	0.23%	0.37%	0%	-0.41%	0.11%
Net Income Growth %	-1.08%	15.08%	1.89%	-0.36%	-0.39%	-0.96%	12.29%	-1%	-357.4%	1.29%
Net Income (Continuing)	-319.06K	4.49M	13M	8.3M	5.03M	241.74K	2.91M	-56.47K	-3.57M	967.25K
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	-198.99K	-175.37K	236.25K	48.91K	-16.05K
EPS (Diluted)+	-0.01	0.18	0.51	0.33	0.20	0.01	0.07	0.00	-0.09	0.02
EPS Growth %	-1.08%	15.4%	1.83%	-0.35%	-0.39%	-0.96%	-	-1%	-	1.23%
EPS (Basic)	-0.01	0.18	0.51	0.33	0.20	0.01	0.07	0.00	-0.09	0.02
Diluted Shares Outstanding	1.7M	1.7M	1.7M	1.7M	1.69M	1.63M	2.62M	2.62M	2.58M	3.42M
Basic Shares Outstanding	1.7M	1.7M	1.7M	1.7M	1.69M	1.63M	2.62M	2.62M	2.58M	3.42M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Dec 2014	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Total Current Assets+	38.17M	42.23M	51.43M	51.73M	57.58M	3.62M	5.79M	1.54M	22.35M	2.09M
Cash & Short-Term Investments	9.82M	11.37M	20.6M	18.53M	11.38M	109.86K	1.19M	797.89K	703.21K	620.91K
Cash Only	9.82M	11.37M	20.6M	18.53M	11.38M	109.86K	1.19M	741.87K	651.49K	620.91K
Short-Term Investments	0	0	0	0	0	0	0	56.02K	51.72K	0
Accounts Receivable	25.2M	27.59M	26.94M	28.26M	35.49M	24.54K	575.86K	132.69K	806.27K	97.36K
Days Sales Outstanding	93.49	83.52	75.4	90.52	93.76	9.6	27.21	9.23	34.9	3.79
Inventory	0	0	1.55M	2.41M	8.24M	3.24M	839.39K	-612.32K	-25.43K	0
Days Inventory Outstanding	-	-	5.85	9.8	26.17	2.52K	88.56	-	-	-
Other Current Assets	3.15M	3.27M	2.34M	2.53M	2.47M	0	3.1M	612.32K	20.86M	0
Total Non-Current Assets+	41.8M	38.93M	39.87M	41.9M	54.97M	4.28M	7.88M	34.68M	73.86M	85.77M
Property, Plant & Equipment	39.57M	37.09M	38.18M	40.4M	53.61M	4.04M	4.51M	24.2M	70.26M	83.62M
Fixed Asset Turnover	2.49x	3.25x	3.42x	2.82x	2.58x	0.23x	1.71x	0.22x	0.12x	0.11x
Goodwill	101.41K	101.41K	101.41K	101.41K	101.41K	0	0	1.03M	951.35K	950.96K
Intangible Assets	937.83K	873.67K	812.17K	750.67K	689.17K	238.47K	428.06K	1.08M	966.53K	933.64K
Long-Term Investments	0	0	0	0	0	0	445.61K	67.82K	760K	0
Other Non-Current Assets	1.19M	864.89K	783.42K	652.36K	572.99K	0	2.94M	8.37M	140.39K	152.43K
Total Assets+	79.97M	81.16M	91.3M	93.63M	112.55M	7.91M	13.67M	36.23M	96.2M	87.86M
Asset Turnover	1.23x	1.49x	1.43x	1.22x	1.23x	0.12x	0.57x	0.14x	0.09x	0.11x
Asset Growth %	0.03%	0.01%	0.12%	0.03%	0.2%	-0.93%	0.73%	1.65%	1.66%	-0.09%
Total Current Liabilities+	18.49M	16.74M	18.44M	15.73M	24.5M	5.4M	4.17M	13.28M	80.46M	69.68M
Accounts Payable	9.67M	10M	11.39M	9.38M	16M	9.72K	50.2K	278.54K	1.03M	1.19M
Days Payables Outstanding	40.62	36.32	42.93	38.1	50.79	7.55	5.3	38.55	80.2	42.93
Short-Term Debt	3.69M	5.82M	6.1M	6.1M	7.28M	52K	172.63K	542.26K	49.38M	62.91M
Deferred Revenue (Current)	1000K	234.16K	845.06K	166.27K	1000K	169.21K	201.17K	532.52K	1000K	968.68K
Other Current Liabilities	3.6M	684.87K	102.53K	87.55K	60.1K	5.11M	4.98M	17.31M	20.09M	0
Current Ratio	2.06x	2.52x	2.79x	3.29x	2.35x	0.67x	1.39x	0.12x	0.28x	0.03x
Quick Ratio	2.06x	2.52x	2.71x	3.13x	2.01x	0.07x	1.19x	0.16x	0.28x	0.03x
Cash Conversion Cycle	-	-	38.32	62.22	69.14	2.52K	110.47	-	-	-
Total Non-Current Liabilities+	30.72M	29.18M	24.62M	21.35M	28.44M	2.35M	6.27M	19.27M	3.03M	433.45K
Long-Term Debt	22.66M	20.66M	16.23M	16.15M	21.91M	2.3M	6.21M	18.28M	741.47K	252.48K
Capital Lease Obligations	0	0	0	0	0	21.04K	19.3K	746.88K	493.94K	25.85K
Deferred Tax Liabilities	7.99M	8.33M	8.2M	4.7M	6.06M	29.81K	33.63K	243.76K	225.06K	126.05K
Other Non-Current Liabilities	70.77K	191.13K	180.34K	500.2K	467.23K	0	0	0	1.57M	29.07K
Total Liabilities	49.21M	45.91M	43.05M	37.08M	52.94M	7.75M	10.44M	32.55M	83.48M	70.11M
Total Debt+	26.34M	26.47M	22.33M	22.25M	29.19M	2.38M	6.42M	19.78M	50.81M	63.21M
Net Debt	16.52M	15.1M	1.73M	3.72M	17.81M	2.27M	5.23M	19.04M	50.16M	62.59M
Debt / Equity	0.86x	0.75x	0.46x	0.39x	0.49x	15.53x	1.99x	5.38x	3.99x	3.56x
Debt / EBITDA	3.70x	1.73x	0.81x	1.27x	1.84x	5.46x	1.70x	12.96x	27.84x	554.42x
Net Debt / EBITDA	2.32x	0.99x	0.06x	0.21x	1.13x	5.20x	1.38x	12.48x	27.48x	548.97x
Interest Coverage	1.54x	13.11x	36.18x	15.43x	8.44x	0.26x	26.32x	1.14x	0.13x	-0.38x
Total Equity+	30.76M	35.25M	48.25M	56.55M	59.61M	153.58K	3.23M	3.68M	12.72M	17.75M
Equity Growth %	-0.01%	0.15%	0.37%	0.17%	0.05%	-1%	20.04%	0.14%	2.46%	0.4%
Book Value per Share	18.13	20.78	28.44	33.33	35.18	0.09	1.24	1.40	4.93	5.19
Total Shareholders' Equity	30.76M	35.25M	48.25M	56.55M	59.61M	352.57K	3.41M	3.44M	12.67M	17.76M
Common Stock	2.78M	2.78M	2.78M	2.78M	2.78M	75	75	0	0	0
Retained Earnings	10.8M	15.3M	28.3M	36.59M	41.62M	-288.86K	2.58M	2.59M	-886.76K	136.19K
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	-28.22M	-28.65M	-33.14M	-38.93M	-43.06M	-24.55K	163.29K	185.18K	-549.74K	-93.97K
Minority Interest	0	0	0	0	0	-198.99K	-175.37K	236.25K	48.91K	-16.05K

Cash Flow

	Dec 2014	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operations+	7.8M	5.57M	18.06M	8.2M	6.82M	273.63K	4.44M	6.36M	335.92K	-4.1M
Operating CF Margin %	0.08%	0.05%	0.14%	0.07%	0.05%	0.29%	0.57%	1.21%	0.04%	-0.44%
Operating CF Growth %	-0.25%	-0.29%	2.24%	-0.55%	-0.17%	-0.96%	15.23%	0.43%	-0.95%	-13.22%
Net Income	-319.06K	4.49M	13M	8.3M	5.03M	215.75K	2.91M	-56.47K	-3.57M	967.25K
Depreciation & Amortization	6.06M	6.56M	6.31M	7.22M	8.44M	55.9K	53.76K	494.73K	1.39M	2.44M
Stock-Based Compensation	0	0	0	0	0	0	0	0	0	1.95M
Deferred Taxes	352.91K	1.84M	649.08K	-3.51M	1.36M	2.95M	0	0	-797.1K	574.21K
Other Non-Cash Items	-337.03K	24.88K	4.81K	100.65K	-138.37K	218.33K	-45.45K	402.05K	650.69K	-9.69M
Working Capital Changes	2.04M	-7.35M	-1.91M	-3.91M	-7.87M	-24K	1.52M	5.52M	1.09M	-355.32K
Change in Receivables	-1.08M	590.61K	-1.84M	-2.47M	-669.23K	-1.69M	-447.68K	370.29K	23.69K	69.02K
Change in Inventory	2.01M	-7.46M	-1.41M	-860.07K	-5.83M	-48.18K	2.69M	842.35K	-566.13K	0
Change in Payables	796.18K	414.24K	1.29M	-1.9M	4.51M	-32.37K	37.37K	227.37K	787.03K	162.66K
Cash from Investing+	-15.07M	-5.95M	-4.93M	-10.3M	-19.61M	-26.17K	-3.06M	-24.28M	-63.41M	13.08M
Capital Expenditures	-9.12M	-6M	-4.99M	-10.3M	-19.61M	-26.17K	-151.5K	-474.53K	-62.7M	-1.31M
CapEx % of Revenue	0.09%	0.05%	0.04%	0.09%	0.14%	0.03%	0.02%	0.09%	7.44%	0.14%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	15.12M	6M	4.99M	10.3M	19.61M	-26.17K	-2.73M	-23.76M	-636.14K	463.39K
Cash from Financing+	-18.69M	-24.36M	-8.86M	-22.71M	-13.75M	-265.88K	-394.78K	17.54M	63.87M	-9.48M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	-18.69M	-24.36M	-8.86M	-22.71M	-13.75M	-194.01K	-4.03M	5.15M	-2.89M	-4.02M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	-1.32M	-429.36K	13.07M	-2.1M	-12.79M	247.46K	4.29M	5.89M	-62.37M	-5.41M
FCF Margin %	-0.01%	-0%	0.1%	-0.02%	-0.09%	0.27%	0.56%	1.12%	-7.4%	-0.58%
FCF Growth %	0.3%	0.67%	31.44%	-1.16%	-5.1%	1.02%	16.33%	0.37%	-11.59%	0.91%
FCF per Share	-0.78	-0.25	7.70	-1.24	-7.55	0.15	1.64	2.25	-24.18	-1.58
FCF Conversion (FCF/Net Income)	-24.46x	1.24x	1.39x	0.99x	1.36x	1.27x	1.55x	652.53x	-0.10x	-4.01x
Interest Paid	0	0	0	0	0	0	0	0	2.54M	5.84M
Taxes Paid	0	0	0	0	0	0	0	0	28.75K	128.41K

Key Ratios

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023
Return on Equity (ROE)	-1.03%	13.61%	31.14%	15.84%	8.66%	0.72%	169.36%	0.28%	-42.39%	6.72%
Return on Invested Capital (ROIC)	1.76%	13.45%	31.98%	13.96%	8.05%	0.72%	51.35%	4.96%	0.76%	-2.44%
Gross Margin	11.63%	16.64%	25.77%	21.14%	16.77%	49.62%	55.22%	49.76%	44.63%	-7.62%
Net Margin	-0.32%	3.73%	9.97%	7.28%	3.64%	23.13%	37.11%	0.19%	-41.2%	10.9%
Debt / Equity	0.86x	0.75x	0.46x	0.39x	0.49x	15.53x	1.99x	5.38x	3.99x	3.56x
Interest Coverage	1.54x	13.11x	36.18x	15.43x	8.44x	0.26x	26.32x	1.14x	0.13x	-0.38x
FCF Conversion	-24.46x	1.24x	1.39x	0.99x	1.36x	1.27x	1.55x	652.53x	-0.10x	-4.01x
Revenue Growth	10.27%	22.58%	8.17%	-12.63%	21.23%	-99.32%	728.26%	-32.06%	60.67%	11.25%

Revenue by Segment

	2016	2017	2018	2019	2023
Education	-	-	-	-	516.04K
Education Growth	-	-	-	-	-
Rental	-	-	-	-	93.44K
Rental Growth	-	-	-	-	-
Real Estate	-	-	-	12.87M	-
Real Estate Growth	-	-	-	-	-
Real Estate Development	-	-	1.62M	12.87M	-
Real Estate Development Growth	-	-	-	693.05%	-
Product and Service, Other	-	-	1.62M	-	-
Product and Service, Other Growth	-	-	-	-	-
Electrical Construction	125.77M	109.15M	-	-	-
Electrical Construction Growth	-	-13.21%	-	-	-
Principal Electrical Construction Operations	118.75M	100.31M	-	-	-
Principal Electrical Construction Operations Growth	-	-15.53%	-	-	-
Other Electrical Constructions Operations	7.02M	8.85M	-	-	-
Other Electrical Constructions Operations Growth	-	26.01%	-	-	-
Non Electrical Construction Products	4.65M	4.8M	-	-	-
Non Electrical Construction Products Growth	-	3.16%	-	-	-

Revenue by Geography

	2016	2017	2018	2019	2023
Southeast	-	-	54.12M	69.56M	-
Southeast Growth	-	-	-	28.52%	-
Mid Atlantic	-	-	-	50.41M	-
Mid Atlantic Growth	-	-	-	-	-
Texas And Southwest	-	-	33.83M	45.32M	-
Texas And Southwest Growth	-	-	-	33.98%	-
Mid-Atlantic	-	-	41.07M	-	-
Mid-Atlantic Growth	-	-	-	-	-

Frequently Asked Questions

Valuation & Price

Visionary Holdings Inc. (GV) has a price-to-earnings (P/E) ratio of 59.2x. This suggests investors expect higher future growth.

Growth & Financials

Visionary Holdings Inc. (GV) reported $16.2M in revenue for fiscal year 2023. This represents a 51% decrease from $33.4M in 2010.

Visionary Holdings Inc. (GV) grew revenue by 11.2% over the past year. This is steady growth.

Visionary Holdings Inc. (GV) reported a net loss of $3.8M for fiscal year 2023.

Dividend & Returns

Visionary Holdings Inc. (GV) has a return on equity (ROE) of 6.7%. This is below average, suggesting room for improvement.

Visionary Holdings Inc. (GV) generated $4.3M in free cash flow for fiscal year 2023. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

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