Revenue has experienced a severe erosion, falling to $353.0K in 2026Q1 from $15.9M in 2023Q4, while gross margins remain highly volatile, fluctuating between 10.9% and 62.6% over the last five quarters.
| Metric | TTM | Dec'25 | Dec'24 | Dec'23 | Dec'22 | Dec'21 | Dec'20 | Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 | Dec'07 | Dec'06 | Dec'05 | Dec'04 | Dec'01 | Dec'00 |
|---|
| Sales/Revenue | -811K | 1.57M | 26.94M | 79.61M | 96.6M | 45.22M | 96K | 208K | 100K | 317K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 704.42K | 384.61K |
| Revenue Growth % | -104.12% | -94.18% | -66.16% | -17.59% | 113.61% | 47008.33% | -53.85% | 108% | -68.45% | - | - | - | - | - | - | - | - | - | - | - | - | - | -100% | 83.15% | - |
| Cost of Goods Sold | -1.34M | 297K | 21.99M | 70.45M | 83.01M | 37.42M | 5K | 2K | 77K | 17.51K | 12.42K | 6.49K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 565K | 444.44K |
| COGS % of Revenue | - | 18.93% | 81.61% | 88.49% | 85.93% | 82.75% | 5.21% | 0.96% | 77% | 5.52% | - | - | - | - | - | - | - | - | - | - | - | - | - | 80.21% | 115.56% |
| Gross Profit | 532K | 1.27M | 4.95M | 9.16M | 13.59M | 7.8M | 91K | 206K | 23K | 299.49K | -12.42K | -6.49K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 139.42K | -59.83K |
| Gross Margin % | -65.6% | 81.07% | 18.39% | 11.51% | 14.07% | 17.25% | 94.79% | 99.04% | 23% | 94.48% | - | - | - | - | - | - | - | - | - | - | - | - | - | 19.79% | -15.56% |
| Gross Profit Growth % | - | -74.32% | -45.93% | -32.59% | 74.21% | 8473.63% | -55.83% | 795.65% | -92.32% | 2510.94% | -91.28% | - | - | - | - | - | - | - | - | - | - | - | -100% | 333.03% | - |
| Operating Expenses | 1.19M | 3.46M | 16.51M | 16.63M | 10.87M | 7.26M | 545K | 1.21M | 2.56M | 1.27M | 5.39M | 8.04M | 28.13K | 41.2K | 40.5K | 40.43K | 50.5K | 42.49K | 52.81K | 40.35K | 60.72K | 8.74K | 404 | 997.18K | 1.12M |
| OpEx % of Revenue | - | 220.27% | 61.28% | 20.89% | 11.25% | 16.06% | 567.71% | 581.73% | 2564.25% | 399.49% | - | - | - | - | - | - | - | - | - | - | - | - | - | 141.56% | 291.12% |
| Selling, General & Admin | 1.78M | 1.73M | 3.91M | 5.68M | 4.64M | 2.73M | 440K | 864K | 497K | 911.58K | 3.75M | 7.3M | 28.13K | 41.2K | 40.5K | 40.43K | 50.5K | 42.49K | 52.81K | 40.35K | 60.72K | 8.74K | 404 | 997.18K | 1.03M |
| SG&A % of Revenue | - | 109.94% | 14.51% | 7.14% | 4.8% | 6.03% | 458.33% | 415.38% | 497% | 287.56% | - | - | - | - | - | - | - | - | - | - | - | - | - | 141.56% | 267.45% |
| Research & Development | -78K | 69K | 1.88M | 2.89M | 3.25M | 2.37M | 108K | 233K | 790.41K | 354.81K | 1.64M | 740.2K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | 4.4% | 6.97% | 3.63% | 3.37% | 5.24% | 112.5% | 112.02% | 790.41% | 111.93% | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 1.25M | 1.66M | 10.72M | 8.06M | 2.98M | 2.16M | -3K | 113K | 1.15M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 91.03K |
| Operating Income | 501K | -2.18M | -11.55M | -7.47M | 2.73M | 541K | -454K | -1M | -2.46M | -1.27M | -5.39M | -8.04M | -28.13K | -41.2K | -40.5K | -40.43K | -50.5K | -42.49K | -52.81K | -40.35K | -60.72K | -8.74K | -404 | -857.76K | -1.18M |
| Operating Margin % | -61.78% | -139.2% | -42.89% | -9.39% | 2.82% | 1.2% | -472.92% | -482.69% | -2464.25% | -399.49% | - | - | - | - | - | - | - | - | - | - | - | - | - | -121.77% | -306.68% |
| Operating Income Growth % | - | 81.1% | -54.64% | -374.1% | 403.88% | 219.16% | 54.78% | 59.26% | -94.59% | 76.53% | 32.88% | -28475.98% | 31.74% | -1.73% | -0.17% | 19.95% | -18.87% | 19.54% | -30.86% | 33.54% | -594.96% | -2062.62% | 99.95% | 27.28% | - |
| EBITDA | 854K | -1.34M | -8.54M | -4.52M | 5.71M | 2.48M | -449K | -1M | -2.46M | -1.25M | -5.38M | -8.03M | -99.38K | -41.2K | -40.5K | -40.43K | -40.5K | -42.49K | -52.81K | -40.35K | -60.72K | -8.74K | -404 | -908.19K | -1.27M |
| EBITDA Margin % | -105.3% | -85.15% | -31.71% | -5.68% | 5.91% | 5.49% | -467.71% | -482.21% | -2462.25% | -393.97% | - | - | - | - | - | - | - | - | - | - | - | - | - | -128.93% | -330.34% |
| EBITDA Growth % | 110.03% | 84.36% | -89% | -179.12% | 130.18% | 652.78% | 55.23% | 59.26% | -97.16% | 76.8% | 32.98% | -7981.01% | -141.2% | -1.73% | -0.17% | 0.18% | 4.67% | 19.54% | -30.86% | 33.54% | -594.96% | -2062.62% | 99.96% | 28.52% | - |
| D&A (Non-Cash Add-back) | 353K | 848K | 3.01M | 2.95M | 2.99M | 1.94M | 5K | 1K | 2K | 17.51K | 12.42K | 6.49K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -50.43K | -91.03K |
| EBIT | -654K | -13.12M | -13.56M | -7.76M | 2.02M | 896K | -441K | -892K | -556K | -221.03K | -5.73M | -8.73M | -99.44K | 0 | -40.5K | -40.43K | -40.5K | -42.49K | -52.81K | -40.35K | -60.72K | -8.74K | -404 | -857.76K | -1.18M |
| Net Interest Income | 1.79M | -254K | -857K | -902K | -785K | -64K | -1K | -98K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -133.71K | -171.1K |
| Interest Income | 63K | 63K | 173K | 87K | 143K | 151K | 20K | 12K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | -1.73M | 317K | 1.03M | 989K | 928K | 215K | 21K | 110K | 0 | 307.52K | 414.19K | 30.6K | 20.75K | 10.2K | 10.2K | 6.4K | 4.2K | 1.05K | 0 | 0 | 0 | 0 | 0 | 133.71K | 171.1K |
| Other Income/Expense | -9.48M | -11.25M | -2.76M | -1.28M | -1.46M | 140K | 13K | -98K | -22.54M | -468.82K | -750.46K | -719.27K | -145.75K | -10.2K | -10.2K | -6.4K | -14.2K | -1.05K | 0 | 0 | 0 | 0 | 0 | 2.75K | 8.34K |
| Pretax Income | -8.98M | -13.44M | -14.32M | -8.75M | 1.27M | 681K | -441K | -1.1M | -25.01M | -1.57M | -5.81M | -8.76M | -173.87K | -51.4K | -50.7K | -46.83K | -54.7K | -43.54K | -52.81K | -40.35K | -60.72K | -8.74K | -404 | -855.01K | -1.17M |
| Pretax Margin % | 1106.78% | -856.41% | -53.15% | -10.99% | 1.31% | 1.51% | -459.38% | -529.81% | -25006.49% | -496.5% | - | - | - | - | - | - | - | - | - | - | - | - | - | -121.38% | -304.51% |
| Income Tax | -27K | -39K | -213K | -66K | 153K | 90K | 2K | 15K | 0 | 3K | 0 | 30.6K | 0 | 0 | 0 | 0 | -10K | 0 | 0 | 0 | 0 | 0 | 0 | -557.2K | 854.3K |
| Effective Tax Rate % | 0.3% | 0.29% | 1.49% | 0.75% | 12.05% | 13.22% | -0.45% | -1.36% | 0% | -0.19% | 0% | -0.35% | 0% | 0% | 0% | 0% | 18.28% | 0% | 0% | 0% | 0% | 0% | 0% | 65.17% | -72.94% |
| Net Income | -9.13M | -19.29M | -12.05M | -7.32M | 28K | 300K | -443K | -1.12M | -25.01M | -1.57M | -5.81M | -8.76M | -173.87K | -51.4K | -50.7K | -46.83K | -44.7K | -43.54K | -52.81K | -40.35K | -60.72K | -8.74K | -404 | -199.71K | -1.85M |
| Net Margin % | 1125.15% | -1229.13% | -44.74% | -9.2% | 0.03% | 0.66% | -461.46% | -537.02% | -25006.49% | -496.5% | - | - | - | - | - | - | - | - | - | - | - | - | - | -28.35% | -481.46% |
| Net Income Growth % | 38.02% | -60% | -64.59% | -26253.57% | -90.67% | 167.72% | 60.34% | 95.53% | -1488.82% | 72.91% | 33.66% | -4936.1% | -238.27% | -1.38% | -8.26% | -4.76% | -2.68% | 17.55% | -30.86% | 33.54% | -594.96% | -2062.62% | 99.8% | 89.22% | - |
| Net Income (Continuing) | -8.95M | -13.4M | -14.11M | -8.69M | 1.12M | 591K | -443K | -1.12M | -25.01M | -864.82K | -5.81M | -8.76M | -173.87K | -51.4K | -50.7K | -46.83K | -44.7K | -43.54K | -52.81K | -40.35K | -60.72K | -8.74K | -404 | -988.73K | -1.34M |
| Discontinued Operations | 0 | -7.42M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -709.09K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 79K | 0 | 1.74M | 3.81M | 7.88M | 4.81M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.08 | -1.58 | -0.27 | -0.49 | 0.07 | -0.72 | -0.40 | -2.28 | -171.71 | -30.35 | -128.64 | -338.25 | -9.94 | -50.94 | -50.25 | -46.41 | -50.29 | -53.29 | -84.63 | -67.94 | -3.93 | -1.54 | -0.15 | -28.98 | -386.42 |
| EPS Growth % | -161.61% | -485.19% | 44.9% | -760.38% | 110.31% | -80% | 82.46% | 98.67% | -465.77% | 76.41% | 61.97% | -3302.92% | 80.49% | -1.37% | -8.27% | 7.72% | 5.63% | 37.03% | -24.57% | -1628.75% | -155.19% | -926.67% | 99.48% | 92.5% | - |
| EPS (Basic) | - | -1.58 | -0.27 | -0.49 | 0.08 | -0.73 | -0.40 | -2.28 | -171.71 | -30.35 | -128.64 | -338.26 | -9.94 | -50.94 | -50.25 | -46.41 | -50.29 | -53.29 | -84.63 | -67.94 | -3.93 | -1.54 | -0.15 | -28.98 | -386.42 |
| Diluted Shares Outstanding | 115M | 84.74M | 44.76M | 3.72M | 15.04M | 537.31K | 1.11M | 490.93K | 145.63K | 51.86K | 45.16K | 25.89K | 17.5K | 1.01K | 1.01K | 1.01K | 889 | 817 | 624 | 594 | 15.46K | 5.68K | 2.71K | 6.89K | 4.79K |
| Basic Shares Outstanding | 115M | 84.74M | 44.76M | 3.72M | 14.78M | 528K | 1.11M | 490.93K | 145.63K | 51.86K | 45.16K | 25.89K | 17.5K | 1.01K | 1.01K | 1.01K | 889 | 817 | 624 | 594 | 15.46K | 5.68K | 2.71K | 6.89K | 4.79K |
| Dividend Payout Ratio | - | - | - | - | 260.71% | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Existential Revenue Collapse
As reported in recent financial statements, VBIX experienced a catastrophic revenue decline, with quarterly figures plummeting to $353.0K in 2026Q1 from $15.9M in 2023Q4, representing a sustained and aggressive contraction that suggests the company's core interactive video overlay product is losing significant market relevance.
The consistent quarter-over-quarter revenue decay indicates that the firm's value proposition is likely being displaced by native platform tools. Investors should monitor whether this trajectory reflects a permanent loss of enterprise clients or a strategic pivot away from the legacy service model.
Based on the provided income statement data, gross margins have exhibited extreme instability, fluctuating from a low of 10.9% in 2025Q4 to a high of 62.6% in 2026Q1, which suggests that the company lacks a predictable or scalable cost-of-goods-sold structure for its interactive services.
The erratic nature of these margins implies that the company may be struggling to maintain consistent pricing power or that its service delivery costs are highly sensitive to volume fluctuations. Such volatility warrants further investigation into whether the firm is shifting between high-margin software licensing and low-margin managed services.
According to historical filings, VBIX's operating expenses have failed to adjust in proportion to the precipitous revenue decline, resulting in an operating margin of -139.20% that highlights a fundamental inability to achieve operational efficiency as the business shrinks toward a potential insolvency threshold.
The persistent disconnect between overhead and top-line performance suggests that the company is carrying a fixed-cost burden that is no longer supported by its current market footprint. This lack of operating leverage implies that management has not successfully right-sized the organization to match its diminished revenue reality.
Analysis of the income statement suggests that VBIX may be functioning as a distressed entity, as the 2025Q4 net income anomaly of $5.3M appears disconnected from operational reality, potentially masking underlying structural weaknesses that short-sellers would likely target as evidence of a terminal business decline.
The extreme swings in net income, including the massive 2025Q2 loss of $11.7M, suggest that non-operating items or accounting adjustments are significantly distorting the bottom line. Investors should be wary of whether the company's remaining value lies in its intellectual property rather than its ability to generate sustainable earnings.
Quick answers to the most common questions about buying VBIX stock.
For fiscal year 2025, Viewbix Inc. (VBIX) reported total revenue of $1.6M. This represents a 307.9% increase compared to $0.4M in 2000.
Viewbix Inc. (VBIX) reported a net loss of $19.3M for the fiscal year ending 2025.
Viewbix Inc. (VBIX) reported an operating income of $-2.2M, resulting in an operating profit margin of -139.2%. This margin reflects the operational efficiency of the business before interest and taxes.
Viewbix Inc. (VBIX) generated $1.3M in gross profit for the year, representing a gross profit margin of 81.1%. This demonstrates the company's core pricing power and production efficiency.