Vemanti Group, Inc. (VMNT) Operating Expenses (2020 - 2024)
Vemanti's (VMNT) quarterly Operating Expenses came in at $198218.0 in Q3 2024, down 16.96% on a YoY basis from $238693.0 in Q4 2023, and down 62.65% quarter-over-quarter from $530744.0 in Q2 2024.
Analysis
Vemanti Group, Inc. (VMNT) Operating Expenses (2020 - 2024) Analysis & Trends
Vemanti (VMNT) has reported Operating Expenses for 5 consecutive years, with $198218.0 the latest figure, recorded in Q3 2024.
- For the quarter ending Q3 2024, Operating Expenses fell 16.96% year-over-year to $198218.0; the trailing twelve-month figure through Sep 2024 stood at $1.4 million (up 12.98% YoY), and the FY2023 full-year result was $1.6 million, up 36.21% from the prior year.
- Operating Expenses fell to $198218.0 in Q3 2024 per VMNT's latest filing, from $530744.0 in the prior quarter.
- Across five years, Operating Expenses topped out at $607207.0 in Q3 2021 and bottomed at $27551.0 in Q3 2020.
- Historically, Operating Expenses has averaged $299390.6 across 5 years, with a median of $287991.5 in 2022.
- The sharpest annual moves came in 2021 and 2024: Operating Expenses soared 2103.94% in 2021, then sank 71.65% in 2024.
- Over 5 years, Operating Expenses stood at $53648.0 in 2020, then surged by 951.17% to $563931.0 in 2021, then plunged by 49.97% to $282159.0 in 2022, then surged by 105.61% to $580153.0 in 2023, then tumbled by 65.83% to $198218.0 in 2024.
- According to Business Quant data, Operating Expenses over the past three periods registered $198218.0, $530744.0, and $100977.0 for Q3 2024, Q2 2024, and Q1 2024 respectively.
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Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 198,218.00 |
| Jun 30, 2024 | 530,744.00 |
| Mar 31, 2024 | 100,977.00 |
| Dec 31, 2023 | 580,153.00 |
| Sep 30, 2023 | 238,693.00 |
| Jun 30, 2023 | 371,083.00 |
| Mar 31, 2023 | 356,208.00 |
| Dec 31, 2022 | 282,159.00 |
| Sep 30, 2022 | 247,909.00 |
| Jun 30, 2022 | 293,824.00 |
| Mar 31, 2022 | 329,135.00 |
| Dec 31, 2021 | 563,931.00 |
| Sep 30, 2021 | 607,207.00 |
| Jun 30, 2021 | 471,591.00 |
| Mar 31, 2021 | 99,156.00 |
| Dec 31, 2020 | 53,648.00 |
| Sep 30, 2020 | 27,551.00 |
| Jun 30, 2020 | 36,843.00 |