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NASDAQ NMS - GLOBAL MARKET · Media · CIK 0002067876
$31.35
-1.20% · live
Updated
$4.36B market value
From Versant Media Group, Inc.'s FY2025 10-K, filed Mar 3, 2026 · read the filing
Versant Media broadcasts television and radio. It took in $6.69B last year, which makes it a mid-sized company. Of every dollar it sells, about 14 cents is left as profit.
The financial picture is led by profitability, debt and accounting, while growth remain weak.
A conclusion from the filings, not a recommendation. Detailed figures and supporting evidence appear in their dedicated sections below.
Financial health
Strong finances across the board.
From Versant Media Group, Inc.'s FY2025 annual filing · share price scored separately
Largest year-over-year changes in FY2025
Long-term debt
$0.00 → $983.0M
Cash
$8.0M → $55.0M
Capital spending
$54.0M → $167.0M
Operating income
$1.84B → $1.27B
Measured against FY2024, from the 10-K filed Mar 3, 2026
Deteriorated: turned positive
$0.00 to $983.0MCritical
Why it matters: Rising debt is not automatically bad — borrowing to build something that earns more than the interest is ordinary. It matters when it grows faster than the profit meant to service it.
Improved: +587.5%
$8.0M to $55.0MCritical
Why it matters: A falling cash pile is only a warning if the company is consuming it. Paying down debt, buying back stock and paying a dividend all reduce cash by choice.
How the latest move compares (quote live), and what was published around it
VSNT fell 1.20% on the latest quote. The average Communication Services company tracked here moved +4.95%, and the S&P 500 −1.04%. That is 6.1 points below its sector and in line with the market.
Expectations
Not from the filings — what other people are betting on, and what the price already assumes.
Opinions from 14 analysts covering this company, as of . Their views, not this site's.
Of 14 analysts publishing on this company, 3 say strong buy, 4 say buy, 6 say hold and 1 say sell. Analysts are paid to publish a view and are wrong often; the split above says how much they agree with each other, which is the part a single headline rating hides.
Published by Finnhub. Analyst coverage skews towards larger companies and towards optimism — sell ratings are rare across the whole market, so a company with none is ordinary rather than endorsed.
The essentials
Each answered from the filings, with the numbers behind it.
Yes. It keeps about 14 cents of every dollar of sales as profit, earning $930.0M last year.
No. Sales shrank 5.3% last year.
No. Its borrowings would take under a year of cash flow to clear. For every $1 it owes, it owns $6.04 in assets.
Core operating and valuation reference metrics
Income
This company pays no dividend. It keeps its profits and reinvests them in the business instead, so any return would have to come from the share price.
Figures from the FY2025 annual filing
Last year it earned $930.0M and generated $2.02B of cash from operations.
Reported annual figures
As reported to the SEC, in USD. Hover or show sources to see where each figure came from.
| Income statement | FY202510-K · Mar 3, 2026Filing for FY2025 | FY202410-K · Mar 3, 2026Filing for FY2024 | FY202310-K · Mar 3, 2026Filing for FY2023 | ChangeFY2025 vs FY2024 |
|---|---|---|---|---|
| RevenueWhat is this? | $6.69B | $7.06B | $7.45B | −5.3% |
| Cost of revenue | $2.94B | $3.06B | $3.15B | −4.1% |
| Gross profit | $3.75B† | $4.00B† | $4.29B† | −6.2% |
| Gross marginGross profit ÷ revenueWhat is this? | 56.1% | 56.6% | 57.6% | −0.5 pts |
| Selling, general and administrative | $1.47B | $1.17B | $1.23B | +25.9% |
| Operating income | $1.27B | $1.84B | $2.07B | −30.9% |
| Operating marginOperating income ÷ revenueWhat is this? | 19.0% | 26.1% | 27.8% | −7.0 pts |
| Interest expense | $13.0M | $0.00 | $0.00 | n/m |
| Income before tax | $1.23B | $1.84B | $2.07B | −33.4% |
| Net income | $930.0M | $1.36B | $1.54B | −31.8% |
| Net marginNet income ÷ revenueWhat is this? | 13.9% | 19.3% | 20.7% | −5.4 pts |
† calculated from other reported figures, such as total liabilities as assets minus equity.
This company's latest filing beside its peers' stored scores
| Company | Health | F-Score | Revenue growth | Profit margin | P/E | Debt to equity |
|---|---|---|---|---|---|---|
| VSNTVersant Media Group, Inc. · this page | 8.0/10 | 4/8 | -5.3% | 13.9% |
Insider activity, ownership stakes and what's coming — straight from EDGAR, before any article is written about it
Officers, directors and major shareholders must report within two business days of a trade.
Had shares withheld to cover taxes — 6,200 shares at $37.24 ($230.9K)
Holds 627,018 shares after this filing.
Was granted or awarded shares — 5,119 shares at $36.14 ($185.0K)
Holds 163,679 shares after this filing.
12 recent filings, newest first. Each is labelled from its form and item numbers, not from its wording.
Quarterly report for Q2 FY2026
Operating margin −1.7 pts · Cash +36850.0% · Profit -30.1% — against Q2 FY2026
Read the filingPublished results · Made a Regulation FD disclosure
Read the filingWrite down why you are following Versant Media Group, Inc., what has to go right and what would change your mind, then see each new annual report measured against it. Sign in to start one.
Go deeper
Every figure above traces back to a filing in the timeline, each linked to the document itself.
The 89 subsidiaries named in its 10-K, incorporated across 25 places. A filer lists the significant ones and may leave the rest out, so this is the floor rather than the full count.
Every company's figures are checked for internal consistency: the balance sheet adding up, figures sharing one currency, cash flow and share counts within plausible ranges, and how recent the latest annual report is. Nothing here changes a figure.
Financial figures are from VSNT's 10-K for fiscal year 2025 (period ending 2025-12-31, filed Mar 3, 2026), reported under the US GAAP taxonomy. View the source filing. Total liabilities were not tagged directly and were calculated as assets minus equity.
4 of 4 scored areas had enough reported figures to judge
The score averages profitability, growth, debt and accounting. All four had enough reported figures. Cash generation is shown for context and already feeds profitability. Valuation is scored separately, because a share price says nothing about whether the business is sound. 8 of the 9 Piotroski checks could be evaluated. How the score works
Each year scored only from its annual report as it was first filed
| Fiscal year | Health | F-Score | Scored from |
|---|---|---|---|
| FY2025 | 8.0 | 4/8 | 10-K, filed Mar 3, 2026 |
| FY2024 | 7.3 | 3/4 | 10-K, filed Mar 3, 2026 |
| FY2023 | 10.0 | 2/2 | 10-K, filed Mar 3, 2026 |
A later restatement never reaches back into an earlier year, and every year is scored without a share price, so the latest point can differ a little from the headline score, which uses today's price.
Every check behind the three models, and what each one tests
4 of 8 checks passed
Nine yes-or-no tests of whether this year's finances improved on last year's. One could not be evaluated and is excluded from the total rather than counted as a failure.
not reported — This company has not reported enough of the required figures to calculate this score.
This company has not reported enough of the required figures to calculate this score.
Distance from bankruptcy, from a model fitted on companies that did and did not go bust. It describes a balance sheet's shape today; it does not forecast a failure.
-3.47
Below the threshold — nothing unusual flagged
Scores above -1.78 are the ones the model associates with earnings manipulation.
Screens eight accounting ratios for the pattern earnings manipulators tend to leave. A flag is a reason to read the filing closely, never evidence of wrongdoing.
Every figure above comes from the FY2025 filing as filed with the SEC.
Changed: +209.3%
$54.0M to $167.0MCritical
Why it matters: Neither good nor bad on its own. Heavy spending is a company building capacity or a company struggling to stand still, and the two look identical in this figure.
Deteriorated: -30.9%
$1.84B to $1.27BSignificant
Why it matters: Profit from running the business, before interest and tax. Less exposed than profit to one-off financing and tax items, so a clearer read on the business itself.
Deteriorated: -31.8%
$1.36B to $930.0MSignificant
Why it matters: Profit swings far more than sales do, and one-off items — a legal settlement, a tax charge, an asset sale — move it without the underlying business changing.
Deteriorated: −7.0 pts
26.1% to 19.0%Significant
Why it matters: What survives each sale after running the business. A falling operating margin beside a steady gross margin points at overheads — wages, marketing, research — rather than pricing.
Deteriorated: −5.4 pts
19.3% to 13.9%Significant
Why it matters: What survives to the very end of each sale. Worth reading beside revenue: growing sales on a shrinking margin means the company is buying its growth.
Deteriorated: -5.3%
$7.06B to $6.69BNotable
Why it matters: Sales are what everything else is built on. A fall can be lost customers, lower prices, or a business the company sold — the filing itself says which.
Deteriorated: -6.2%
$4.00B to $3.75BNotable
Why it matters: What is left of sales after the direct cost of producing them. It normally moves with revenue, so a move out of step with revenue is the part worth noticing.
Deteriorated: -14.0%
$2.16B to $1.85BNotable
Why it matters: Cash left after paying for the plant that produced it — the money genuinely available for dividends, buybacks or paying down debt. Harder to flatter than profit.
Q2 FY2026 against Q2 FY2026, from the 10-Q filed Aug 6, 2026 — read it.
Improved: +36850.0%
$4.0M to $1.48BCritical
Why it matters: A falling cash pile is only a warning if the company is consuming it. Paying down debt, buying back stock and paying a dividend all reduce cash by choice.
Deteriorated: -30.1%
$302.0M to $211.0MSignificant
Why it matters: Profit swings far more than sales do, and one-off items — a legal settlement, a tax charge, an asset sale — move it without the underlying business changing.
Deteriorated: −4.9 pts
17.7% to 12.8%Significant
Why it matters: What survives to the very end of each sale. Worth reading beside revenue: growing sales on a shrinking margin means the company is buying its growth.
Deteriorated: -28.4%
$2.09 to $1.50Significant
Why it matters: Profit divided by the shares in issue at the period end, so it sits close to but not on the company's own reported figure. It can rise with no growth in profit when the company buys back stock — read it beside the share count.
Deteriorated: -10.5%
$410.0M to $367.0MNotable
Why it matters: Profit from running the business, before interest and tax. Less exposed than profit to one-off financing and tax items, so a clearer read on the business itself.
Improved: +1.5 pts
59.0% to 60.5%Notable
Why it matters: What survives each sale before overheads. Falling gross margin usually means the company is discounting or its input costs rose — it is the earliest place pricing pressure shows.
Deteriorated: −1.7 pts
24.0% to 22.3%Notable
Why it matters: What survives each sale after running the business. A falling operating margin beside a steady gross margin points at overheads — wages, marketing, research — rather than pricing.
Improved: -2.4%
144.2M to 140.7MNotable
Why it matters: The company bought back stock, so each remaining holding owns slightly more of it. Worth checking it was not funded by borrowing.
Q2 FY2026 against Q1 FY2026, from the 10-Q filed Aug 6, 2026 — read it. Quarter-to-quarter moves include seasonal swings — a retailer's holiday quarter — which the year-earlier comparison removes.
Deteriorated: -17.0%
$442.0M to $367.0MSignificant
Why it matters: Profit from running the business, before interest and tax. Less exposed than profit to one-off financing and tax items, so a clearer read on the business itself.
Deteriorated: -26.2%
$286.0M to $211.0MSignificant
Why it matters: Profit swings far more than sales do, and one-off items — a legal settlement, a tax charge, an asset sale — move it without the underlying business changing.
Deteriorated: −3.9 pts
26.2% to 22.3%Significant
Why it matters: What survives each sale after running the business. A falling operating margin beside a steady gross margin points at overheads — wages, marketing, research — rather than pricing.
Deteriorated: −4.1 pts
17.0% to 12.8%Significant
Why it matters: What survives to the very end of each sale. Worth reading beside revenue: growing sales on a shrinking margin means the company is buying its growth.
Deteriorated: -24.8%
$1.99 to $1.50Significant
Why it matters: Profit divided by the shares in issue at the period end, so it sits close to but not on the company's own reported figure. It can rise with no growth in profit when the company buys back stock — read it beside the share count.
Improved: +23.9%
$1.19B to $1.48BSignificant
Why it matters: A falling cash pile is only a warning if the company is consuming it. Paying down debt, buying back stock and paying a dividend all reduce cash by choice.
Deteriorated: -5.2%
$1.05B to $994.0MNotable
Why it matters: What is left of sales after the direct cost of producing them. It normally moves with revenue, so a move out of step with revenue is the part worth noticing.
Deteriorated: −1.7 pts
62.2% to 60.5%Notable
Why it matters: What survives each sale before overheads. Falling gross margin usually means the company is discounting or its input costs rose — it is the earliest place pricing pressure shows.
Improved: -1.9%
143.4M to 140.7MNotable
Why it matters: The company bought back stock, so each remaining holding owns slightly more of it. Worth checking it was not funded by borrowing.
1 other measure barely moved. Figures compare the two most recent annual filings — read the latest one. Moves are graded on fixed lines — 5%, 15% and 40% for amounts, and 1, 3 and 8 points for margins — as notable, significant or critical. Nothing here reads the management commentary, which is where a company explains its own numbers.
These coincide with the move in time. None is presented as its cause: a price can move on news that names no company, on the wider market, or on trading that no document records.
Filter by minute, hour, day or week — or compare against peers
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Measured on and published about a week later — this is a fortnightly snapshot, not a live position.
About 4.2% of this company's shares have been borrowed and sold by people expecting to buy them back cheaper. That is a bet the price falls. Those people can be wrong, and when a heavily shorted share rises they have to buy it back, which pushes it up further.
Collected by FINRA from broker-dealers twice a month. It counts positions, not intentions, and some of it is hedging rather than a directional bet against the company.
Nothing in this section is a figure this company reported about itself. These are expectations and positions — what the price implies, what analysts have published, what short sellers are betting, and what large funds held at the last count. WylthIQ reports them; it does not endorse them, does not forecast prices, and takes no view on whether any of them will turn out to be right.
The trailing P/E is 3.7x — investors pay $3.7 for each $1 of trailing profit.
Nothing unusual. Its accounting patterns look like those of companies that report earnings straightforwardly.
| 4.69x |
| 0.20x |
| CHTRCHARTER COMMUNICATIONS, INC. /MO/ | 3.3/10 | 6/8 | -0.6% | 9.1% | 3.03x | 8.61x |
|---|
| Median of peers | 3.3/10 | — | -0.6% | 9.1% | 3.03x | 8.61x |
|---|
Peers come from the company's industry classification. A difference describes the companies; it does not rank them.
Was granted or awarded shares — 5,119 shares at $36.14 ($185.0K)
Holds 7,497 shares after this filing.
Was granted or awarded shares — 5,119 shares at $36.14 ($185.0K)
Holds 17,799 shares after this filing.
Was granted or awarded shares — 5,119 shares at $36.14 ($185.0K)
Holds 7,497 shares after this filing.
Was granted or awarded shares — 5,119 shares at $36.14 ($185.0K)
Holds 8,847 shares after this filing.
Was granted or awarded shares — 5,119 shares at $36.14 ($185.0K)
Holds 7,497 shares after this filing.
Was granted or awarded shares — 5,119 shares at $36.14 ($185.0K)
Holds 7,497 shares after this filing.
Not investment advice, and not a signal to act on by itself — a filing says what happened, not why, and insiders trade for ordinary reasons having nothing to do with where they think the company is headed.
Made a Regulation FD disclosure
Held a shareholder vote
Read the filingQuarterly report for Q1 FY2026
Operating margin −3.0 pts · Cash +23760.0% · Profit -22.1% — against Q1 FY2026
Read the filingPublished results · Made a Regulation FD disclosure
Read the filingProxy statement for a shareholder meeting
Read the filingAnnual report for FY2025
Revenue -5.3% · Operating margin −7.0 pts · Long-term debt turned positive — against FY2024
Read the filingPublished results · Made a Regulation FD disclosure
Read the filingAmended its charter or changed its financial year
Read the filingSigned a material agreement · Completed an acquisition or disposal · Took on a direct financial obligation · Changed control of the company · Had a director or senior officer leave or join · Amended its charter or changed its financial year · Reported another event
Read the filingMade a Regulation FD disclosure
Read the filingThe first 40 of 89. The rest are in the exhibit.
Source: Exhibit 21 of the 10-K filed 2026-03-03. These are legal entities, not brands or acquisitions — a company that bought a business may hold it inside an entity named here, or inside one small enough that the rule does not require naming it at all.
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