VAI · XBRL financial data

Valor Energy financial statements, every fiscal year

The same tables from 8 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (VAI's year ends in late March)

In thousands of dollars	FY 2021Mar 31, 2021	FY 2022†Mar 31, 2022	FY 2023†Mar 31, 2023	FY 2024Mar 31, 2024	FY 2025Mar 31, 2025	FY 2026Mar 31, 2026
Revenue	6,168	11,743	8,083	6,814	3,389	1,546
Revenue from contracts with customers	6,161	4,913	8,083	6,780	3,343	—
Cost of revenue	5,969	6,511	6,590	5,254	2,539	1,336
Cost of goods and services sold	—	—	6,080	4,781	2,425	—
Gross profit	191	(1,598)	1,493	1,561	850	210
Selling, general and administrative	10,273	9,525	6,142	4,115	2,624	2,426
Total operating expenses	10,376	9,964	7,633	6,285	4,717	3,098
Other operating income (expense)	—	—	2,350	482	—	—
Operating income (loss)	(10,185)	(11,562)	(6,141)	(4,725)	(3,868)	(2,888)
Interest expense	46	6	—	18	—	—
Other income (expense)	88	(107)	664	—	(121)	313
Income tax expense (benefit)	15	5	—	(9)	—	—
Net income (loss)	(10,360)	(537)	(3,114)	(3,669)	(3,725)	(5,270)
Earnings per share, basic USD per share	—	(0.10)	(0.43)	(0.41)	(0.35)	(1.97)
Earnings per share, diluted USD per share	—	(0.10)	(0.43)	(0.41)	(0.35)	(1.97)
Weighted average shares, basic‡ thousands of shares	394	573	7,196	8,863	10,521	2,675
Weighted average shares, diluted‡ thousands of shares	394	573	7,196	8,863	10,521	2,675

‡ Per-share figures and share counts are adjusted for the 1-for-10 stock split (April 2022); filings made before it reported them unadjusted.
† Share count changed about 1/9 in the period ending 2022-03-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
† Share count changed about 13x in the period ending 2023-03-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.

Fiscal years (VAI's year ends in late March)

In thousands of dollars	FY 2021Mar 31, 2021	FY 2022†Mar 31, 2022	FY 2023†Mar 31, 2023	FY 2024Mar 31, 2024	FY 2025Mar 31, 2025	FY 2026Mar 31, 2026
Cash and cash equivalents	4,448	1,185	1,610	792	834	3,562
Accounts receivable	1,437	418	158	34	21	—
Inventory	128	286	7	—	—	—
Prepaid and other current assets	4,299	2,713	1,438	1,023	1,015	471
Total current assets	10,893	5,600	4,855	2,651	2,239	4,092
Property and equipment, net	3,706	5,659	3,343	2,677	1,653	813
Right-of-use asset	499	110	122	61	—	—
Goodwill	135	0	—	—	—	—
Total assets	22,303	19,878	14,239	9,861	5,801	5,258
Accounts payable	45	14	184	141	163	104
Accrued liabilities	6	94	227	516	521	60
Total current liabilities	16,779	6,166	5,185	5,343	5,218	7,777
Total deposits	—	—	—	687	—	—
Lease liability, non-current	264	48	83	20	—	—
Total liabilities	19,731	6,488	5,742	5,573	5,218	7,777
Accumulated deficit	(34,065)	(34,602)	(37,715)	(41,384)	(45,110)	(50,380)
Total stockholders' equity	5,857	8,093	4,394	895	(2,856)	(5,833)
Total liabilities and equity	22,303	19,878	14,239	9,861	5,801	5,258
Common shares outstanding (cover page)‡ thousands of shares	5,541	631	7,993	10,518	11,083	14,557

‡ Per-share figures and share counts are adjusted for the 1-for-10 stock split (April 2022); filings made before it reported them unadjusted.
† Share count changed about 1/9 in the period ending 2022-03-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
† Share count changed about 13x in the period ending 2023-03-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.

Fiscal years (VAI's year ends in late March)

In thousands of dollars	FY 2021Mar 31, 2021	FY 2022†Mar 31, 2022	FY 2023†Mar 31, 2023	FY 2024Mar 31, 2024	FY 2025Mar 31, 2025	FY 2026Mar 31, 2026
Net income (loss)	(10,360)	(537)	(3,114)	(3,669)	(3,725)	(5,270)
Stock-based compensation	—	—	—	444	—	250
Depreciation and amortization	—	—	1,096	933	913	881
Net cash from operating activities	(3,936)	(9,159)	558	7	500	(1,602)
Purchases of property and equipment	2,491	3,224	1,151	672	2	—
Net cash from investing activities	(2,511)	(3,477)	321	(570)	(465)	(194)
Proceeds from issuing common stock	—	—	—	—	—	660
Proceeds from issuing equity	5,744	5,771	0	—	—	—
Net cash from financing activities	10,260	9,755	(374)	(168)	(124)	4,419
Net change in cash	3,604	(3,263)	425	(815)	39	2,766

† Share count changed about 1/9 in the period ending 2022-03-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
† Share count changed about 13x in the period ending 2023-03-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.

SIC 7510 and related industry codes, similar size; rows marked “added: same SIC” fill a short list. Each row is the latest quarter reported.

How peers are chosen

SIC 7510 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Fewer than three companies fall in that range, so the list adds same-SIC (7510) companies nearest in public float, each marked “added: same SIC”.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
A cell reading “year only” links to a 10-K that gives only the full year: without all three earlier quarters there is no fourth quarter to work out, and the year total is never shown as a quarter.

Company	Cash ($K)	Revenue, quarter ($K)	Operating cash flow, quarter ($K)	Shares outstanding	Runway	Quarter
Valor Energy	12,872	361	(882)	14.6M	14.6 quarters	Q1 FY27 10-QJun 30, 2026
Zoomcar Holdings	405	2,351	(483)	8.8M	—	Q1 FY27 10-QJun 30, 2026
Hertz Global Holdingsadded: same SIC	583,000	2,004,000	20,000	315.8M	—	Q1 FY26 10-QMar 31, 2026
Avis Budget Groupadded: same SIC	561,000	3,436,000	1,193,000*	35.3M	—	Q3 FY26 10-QSep 30, 2026
U-Haul Holdingadded: same SIC	999,862	1,772,675	378,689*	not reported	—	Q2 FY26 10-QSep 30, 2026
Ryder Systemadded: same SIC	198,000	3,433,000	725,000*	38.2M	—	Q3 FY26 10-QSep 30, 2026
Getaroundadded: same SIC	30,797	22,387	(20,310)*	97.2M	1.5 quarters	Q3 FY24 10-QSep 30, 2024
Marti Technologiesadded: same SIC	7,806	year only	year only	86.0M	—	Q4 FY25 20-FDec 31, 2025

Not investment advice. Not affiliated with the U.S. SEC.