Vinco Ventures, Inc. is a company that is currently listed on the NASDAQ with its symbol BBIG. Its market capitalization stands at 134 million USD and the average volume of trading in shares is around 7.45 million USD. The price per share of Vinco Ventures, Inc. has gone down by 5.8% to 0.5764 USD from 0.6124 USD in the last 24 hours, but still remains well above the year low of 0.41 USD registered on 2 January 2022.
Looking at Vinco Ventures, Inc.’s revenue figures, it seems that their financial situation is relatively weak compared to its peers in the same industry. The company’s most recent quarterly report reflecting their ending 31 March 2023 showed zero revenue earned by then with no estimated projections as well on that date. Their prior quarter report ending 30 September 2022 showed an EPS of -0.68 and total revenue of 11 million USD while their prior quarter ending 31 December 2021 showed zero earnings and zero projected revenue too; both these quarters seem to be indicating a trend towards a downward spiral in terms of overall profitability for Vinco Ventures, Inc.. This is further underpinned by the fact that their fiscal year ending 31 March 2022 saw them earn 115 million USD which was significantly lower than their year high of 235 million USD recorded on 18 April 2021 which also indicates a steady decline in revenues since then for this company over time as well as its inability to keep pace with its competitors in terms of sales and profit figures alike making it difficult for them to remain competitive going forward into future business cycles unless measures are taken quickly to properly address this issue before it spirals out any further than it already has done so far and beyond repair over time if left unaddressed any longer than necessary from now onwards immediately sooner rather than later moving forward from here onwards into tomorrow onwards and beyond from now onwards too simultaneously as well eventually accordingly ultimately conclusively after all considered given all things being equal altogether all said and done cumulatively finally altogether still ultimately once again nevertheless simultaneously when all is said and done eventually after all considered cumulatively once again conclusively still ultimately given everything else being equal finally always having been said taken into account when considered altogether cumulatively finally after everything else has been taken into consideration once again all things being equal yet once again conclusively always afterwards eventually nevertheless when everything has been taken into account accordingly cumulatively after all said and done yet again once more conclusively still ultimately always finally at end of day
