VELO Snapshot del titolo Prezzo, capitalizzazione di mercato, P/E, EPS, ROE, debito/capitale proprio, intervallo 52 settimane

03

Prezzo $11.20

Capitalizzazione di Mercato (MRQ) $360M

P/E (TTM) -2.9

EPS (TTM) $-3.85

Ricavi (TTM) $58M

ROE (TTM) -59.6%

Intervallo 52 sett. $4–$32

VELO Grafico del prezzo delle azioni OHLCV giornaliero con indicatori tecnici — panoramica, zoom e personalizza la tua visualizzazione

04

intervallo

barre

La granularità delle barre si adatta al periodo selezionato — passa il mouse sul grafico per vedere apertura/massimo/minimo/chiusura di una barra.

Split azionari 2

Data ex-dividendo	Split	Tipo
28 Luglio 2025	1-for-15	Inverso
13 Giugno 2024	1-for-35	Inverso

Performance decennale Andamento di ricavi, utile netto, margini e EPS

06

Ricavi$46M

2022-12-31 → 2025-12-31

EPS$-4.33

2022-12-31 → 2025-12-31

Flusso di cassa libero$-30M

2022-12-31 → 2025-12-31

Margine netto-87.0%

2022-12-31 → 2025-12-31

Valutazione e Rapporti 07–12

Valutazione Rapporti P/E, P/S, P/B, EV/EBITDA — il titolo è costoso o economico?

Metrica	VELO	media 5 anni	Mediana dei peer	Verdetto
P/E (TTM)	-2.9	·	·	·
P/S (TTM)	6.3	·	3.3	Sopravvalutato
P/B (MRQ)	2.5	·	3.9	Valore equo
Prezzo / FCF (TTM)	-6.1	·	·	·
Prezzo / Flusso di cassa (TTM)	-6.8	·	·	·
Price / Tangible Book (Prezzo / Valore contabile tangibile)	0.0	·	·	·

La mediana dei peer viene calcolata su base standardizzata per metrica e potrebbe non corrispondere sempre alla base TTM/MRQ mostrata per questo titolo.

Redditività Margini lordi, operativi e netti; ROE, ROA, ROIC

Metrica	VELO	media 5 anni	Mediana dei peer	Verdetto
Margine lordo (TTM)	0.54%	·	55.0%	Debole
Margine Operativo (TTM)	-83.9%	·	0.51%	Debole
Margine EBITDA (TTM)	-78.6%	·	3.3%	Debole
Margine ante imposte (TTM)	-86.9%	·	-2.7%	Debole
Margine di Profitto Netto (TTM)	-87.0%	·	-1.5%	Debole
ROA (TTM)	-35.9%	·	0.33%	Debole
ROE (TTM)	-59.6%	·	0.47%	Debole
ROIC	-144.2%	·	2.2%	Debole

Salute finanziaria Debito, liquidità, solvibilità — solidità del bilancio

Metrica	Tendenza 5 anni	VELO	media 5 anni	Mediana dei peer	Verdetto
Rapporto corrente (MRQ)		6.3	·	3.8	Liquidità elevata
Quick Ratio		1.3	·	2.5	Liquidità elevata

Crescita Crescita di ricavi, EPS e utile netto: YoY, CAGR 3Y, CAGR 5Y

Metrica	VELO	media 5 anni	Mediana dei peer	Verdetto
Revenue YoY (Ricavi YoY)	12.1%	·	·	·
Revenue CAGR 3Y (CAGR Ricavi 3Y)	-16.4%	·	·	·
Revenue CAGR 5Y (CAGR Ricavi 5Y)	19.4%	·	·	·

Metriche per Azione EPS, valore contabile per azione, flusso di cassa per azione, dividendo per azione

Metrica	VELO	media 5 anni	Mediana dei peer	Verdetto
EPS (Diluted) (EPS (Diluito))	$-4.33	·	·	·
Revenue / Share (Ricavi / Azione)	$2.79	·	·	·
Cash Flow / Share (Flusso di cassa / Azione)	$-1.66	·	·	·
Cash / Share (Liquidità / Azione)	$1.59	·	·	·

Efficienza del Capitale Rotazione delle attività, rotazione delle scorte, rotazione dei crediti

Metrica	VELO	media 5 anni	Mediana dei peer	Verdetto
Asset Turnover (Rotazione delle attività)	0.5	·	0.8	Debole
Inventory Turnover (Rotazione delle scorte)	1.4	·	2.8	Debole
Receivables Turnover (Rotazione dei crediti)	9.2	·	7.0	Di prim'ordine
Revenue / Employee (Ricavi / Dipendente)	≈$343.1K	·	·	·

valore · ≈ media 5 anni · mediana del settore · giudizio rispetto alla mediana

Cronologia utili EPS effettivo vs stima, surprise %, tasso di superamento, data prossimi utili

14

Sorpresa media -50.2%

Prossimo report Nov 09, 2026

Periodo	Rapporto	EPS Actual	EPS Stimato	Sorpresa
30 Giugno 2026	Ago 4, 2026	$-0.30	$-0.31	3.3%
31 Marzo 2026	Mag 12, 2026	$-0.28	$-0.44	36.2%
31 Dicembre 2025		$-1.03	$-0.58	-78.7%
30 Settembre 2025		$-0.54	$-0.53	-1.8%
31 Marzo 2025		$-0.04	$-0.04	2.0%
31 Marzo 2024		$-0.08	$-0.05	-56.9%
31 Dicembre 2023		$-0.29	$-0.08	-255.4%

Fondamentali Completi Tutte le metriche per anno — conto economico, stato patrimoniale, rendiconto finanziario

15

Conto Economico 17

Metrica	2025	2024	2023	2022	2021	2020
Revenue	$46M	$41M	$77M	$79M	$27M	$19M
Cost of Revenue	$53M	$43M	$104M	$78M	$22M	$13M
Gross Profit	$-7M	$-2M	$-26M	$843.0K	$5M	$6M
R&D Expense	$11M	$15M	$42M	$46M	$27M	$14M
SG&A Expense	$30M	$48M	$42M	$37M	$23M	$6M
Operating Expenses	$48M	$77M	$107M	$107M	$63M	$28M
Operating Income	$-55M	$-79M	$-133M	$-106M	$-58M	$-21M
Interest Expense	·	$16M	$10M	$372.0K	$3M	$639.0K
Other Non-op	$526.0K	$-4M	$506.0K	$1M	$-88.0K	$35.0K
Pretax Income	$-71M	$-70M	$-135M	$8M	$-107M	$-22M
Income Tax	$117.0K	$-20.0K	$0	$0	$0	$0
Net Income	$-71M	$-70M	$-135M	$8M	$-107M	$-22M
EPS (Basic)	$-4.33	$-82.32	$-23.97	$0.04	$-1.82	$-0.56
EPS (Diluted)	$-4.33	$-82.32	$-23.97	$0.04	$-1.82	$-0.56
Shares (Basic)	16,486,845	847,265	5,638,821	185,079,101	58,688,496	15,629,179
Shares (Diluted)	16,486,845	847,265	5,638,821	202,174,903	58,688,496	15,629,179
EBITDA	$-52M	$-77M	$-124M	$-99M	$-56M	·

Stato Patrimoniale 26

Metrica	2025	2024	2023	2022	2021	2020
Cash & Equivalents	$39M	$1M	$24M	$32M	$208M	$16M
Short-term Investments	·	·	$7M	$48M	$15M	$0
Receivables	$6M	$4M	$10M	$9M	$13M	$1M
Inventory	$27M	$50M	$61M	$71M	$22M	$7M
Prepaid Expense	$6M	$2M	$4M	$6M	$9M	$807.0K
Current Assets	$80M	$58M	$113M	$172M	$268M	$28M
PP&E (Net)	$13M	$14M	$16M	$20M	$10M	$1M
PP&E (Gross)	$26M	$27M	$25M	$26M	$13M	$3M
Accum. Depreciation	$13M	$13M	$9M	$6M	$3M	$2M
Other Non-current Assets	$11M	$14M	$18M	$23M	$16M	$932.0K
Total Assets	$105M	$89M	$154M	$223M	$303M	$33M
Accounts Payable	$10M	$19M	$16M	$12M	$10M	$1M
Accrued Liabilities	$2M	$1M	$2M	$9M	$3M	$787.0K
Short-term Debt	·	$6M	·	·	·	·
Current Liabilities	$34M	$38M	$49M	$46M	$47M	$12M
Capital Leases	$7M	$8M	$10M	$12M	$9M	$232.0K
Other Non-current Liabilities	$1M	$863.0K	$1M	$428.0K	$308.0K	$-48.0K
Total Liabilities	$67M	$50M	$85M	$84M	$192M	$17M
Long-term Debt	$31M	$6M	$44M	$8M	·	·
Common Stock	$5.0K	$4.0K	$2.0K	$2.0K	$2.0K	$1.0K
Paid-in Capital	$536M	$466M	$425M	$362M	$340M	$15M
Retained Earnings	$-498M	$-427M	$-357M	$-222M	$-230M	$-123M
AOCI	$0	$0	$-96.0K	$-837.0K	$-14.0K	$0
Stockholders' Equity	$38M	$40M	$68M	$139M	$110M	$-108M
Liabilities + Equity	$105M	$89M	$154M	$223M	$303M	$33M
Shares Outstanding	24,607,630	12,993,962	7,383,390	187,561,368	183,232,494	16,003,558

Flusso di cassa 11

Metrica	2025	2024	2023	2022	2021	2020
D&A	$3M	$5M	$9M	$5M	$3M	$1M
Stock-based Comp	$10M	$12M	$25M	$20M	$4M	$1M
Deferred Tax	$0	$0	·	·	·	·
Other Non-cash	$31M	$20M	$-5M	$-159M	$44M	·
Operating Cash Flow	$-27M	$-33M	$-106M	$-124M	$-56M	$-26M
CapEx	$3M	$9.0K	$1M	$14M	$10M	$401.0K
Investing Cash Flow	$-3M	$8M	$39M	$-53M	$-34M	$-3M
Financing Cash Flow	$68M	$1M	$59M	$1M	$283M	$36M
Net Change in Cash	$38M	$-23M	$-7M	$-176M	$193M	$6M
Free Cash Flow	$-30M	$-33M	$-107M	$-138M	$-66M	·
Levered FCF	·	$-49M	$-116M	$-138M	$-69M	·

Redditività 8

Metrica	2025	2024	2023	2022	2021	2020
Gross Margin	-16.1%	-5.1%	-33.9%	3.6%	18.1%	·
Operating Margin	-119.5%	-200.8%	-172.1%	-129.1%	-210.5%	·
Net Margin	-155.2%	-178.8%	-174.5%	12.4%	-390.3%	·
Pretax Margin	-155.0%	-178.8%	-174.5%	12.4%	-390.3%	·
EBITDA Margin	-112.1%	-188.8%	-160.1%	-122.5%	-202.6%	·
ROA	-71.7%	-60.3%	-70.9%	4.2%	-63.9%	·
ROE	-209.7%	-197.9%	-161.8%	8.0%	-92.1%	·
ROIC	-144.2%	-207.5%	-195.0%	-74.0%	-52.3%	·

Liquidità e Solvibilità 3

Metrica	2025	2024	2023	2022	2021	2020
Current Ratio	2.4	1.5	2.4	3.8	5.7	3.4
Quick Ratio	1.3	0.1	0.8	1.9	5.1	2.4
Interest Coverage	·	-5.2	-13.7	-280.3	-21.1	·

Efficienza 3

Metrica	2025	2024	2023	2022	2021	2020
Asset Turnover	0.5	0.3	0.4	0.3	0.2	·
Inventory Turnover	1.4	0.8	1.5	1.1	1.5	·
Receivables Turnover	9.2	6.2	7.0	5.4	3.9	·

Per Azione 5

Metrica	2025	2024	2023	2022	2021	2020
Book Value / Share	$1.55	$0.20	$0.26	$0.75	$0.60	·
Revenue / Share	$2.79	$3.23	$0.39	$0.40	$0.47	·
Cash Flow / Share	$-1.66	$-2.57	$-0.54	$-0.61	$-0.96	·
Cash / Share	$1.59	$0.01	$0.09	$0.17	$1.13	·
EPS (TTM)	$-4.33	$-82.32	$-23.97	$0.04	$-1.82	$-0.56

Tassi di Crescita 3

Metrica	2025	2024	2023	2022	2021	2020
Revenue YoY	12.1%	-47.0%	-1.6%	186.8%	44.6%	·
Revenue CAGR 3Y	-16.4%	14.3%	59.8%	·	·	·
Revenue CAGR 5Y	19.4%	·	·	·	·	·

Valutazione (TTM) 10

Metrica	2025	2024	2023	2022	2021	2020
Revenue TTM	$46M	$41M	$77M	$79M	$27M	$19M
Net Income TTM	$-71M	$-70M	$-135M	$8M	$-107M	$-22M
Market Cap	$338M	$1.97B	$54.00B	$176.26B	$751.30B	·
P/E	-3.2	-0.1	-8.7	23493.8	-2252.9	·
P/S	7.4	48.1	697.2	2239.5	27380.7	·
P/B	8.9	49.8	790.1	1251.4	6804.3	·
P / Tangible Book	8.9	49.8	790.1	1269.9	6804.3	·
P / Cash Flow	-12.4	-60.4	-511.2	-1421.9	-13320.0	·
P / FCF	-11.3	-60.4	-506.1	-1279.3	-11379.4	·
Earnings Yield	-31.5%	-813.0%	-11.5%	0.00%	-0.04%	·

Conto Economico 17

Metrica	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Revenue	$21M	$14M	$9M	$14M	$14M	$9M	$13M	$8M	$10M	$10M	$2M	$23M	$25M	$27M	$28M	$19M
Cost of Revenue	$16M	$11M	$16M	$13M	$15M	$9M	$13M	$4M	$13M	$13M	$34M	$23M	$23M	$24M	$28M	$19M
Gross Profit	$4M	$2M	$-7M	$433.0K	$-2M	$697.0K	$-444.0K	$4M	$-3M	$-3M	$-31M	$163.0K	$3M	$3M	$-283.0K	$-121.0K
R&D Expense	$4M	$3M	$4M	$3M	$3M	$2M	$1M	$4M	$4M	$5M	$10M	$9M	$12M	$10M	$8M	$13M
SG&A Expense	$8M	$5M	$9M	$6M	$6M	$9M	$15M	$15M	$9M	$9M	$11M	$11M	$10M	$10M	$10M	$10M
Operating Expenses	$16M	$9M	$13M	$10M	$10M	$12M	$18M	$22M	$17M	$18M	$26M	$26M	$28M	$27M	$24M	$28M
Operating Income	$-11M	$-7M	$-20M	$-10M	$-12M	$-12M	$-18M	$-18M	$-19M	$-21M	$-57M	$-26M	$-26M	$-24M	$-24M	$-28M
Interest Expense	·	·	·	·	·	$1M	·	$4M	$5M	$4M	$6M	$3M	$344.0K	$220.0K	$10.0K	$129.0K
Other Non-op	$-242.0K	$708.0K	$554.0K	$-11.0K	$-6.0K	$-11.0K	$39.0K	$-2M	$-1M	$94.0K	$-459.0K	$436.0K	$178.0K	$351.0K	$457.0K	$384.0K
Pretax Income	$-12M	$-7M	$-20M	$-11M	$-13M	$-25M	$-18M	$-22M	$931.0K	$-28M	$-56M	$-19M	$-23M	$-36M	$21M	$-75M
Income Tax	$-9.0K	$26.0K	$34.0K	$-14.0K	$89.0K	$8.0K	$-20.0K	$0	$-4.0K	$4.0K	$0	$0	$0	$0	$0	$0
Net Income	$-12M	$-7M	$-20M	$-11M	$-13M	$-25M	$-18M	$-22M	$935.0K	$-28M	$-56M	$-19M	$-23M	$-36M	$21M	$-75M
EPS (Basic)	$-0.39	$-0.28	$-2.53	$-0.65	$-0.94	$-1.87	$-40.67	$-35.52	$1.65	$-55.51	$-16.31	$-3.37	$-4.10	$-0.19	$0.12	$-0.41
EPS (Diluted)	$-0.39	$-0.28	$-2.53	$-0.65	$-0.94	$-1.87	$-40.67	$-35.52	$1.65	$-55.51	$-16.31	$-3.37	$-4.10	$-0.19	$0.18	$-0.41
Shares (Basic)	29,448,322	25,021,065	·	17,124,361	14,041,712	13,398,104	·	616,030	565,026	7,436,976	·	5,771,465	5,659,601	189,609,021	·	185,560,177
Shares (Diluted)	29,448,322	25,021,065	·	17,124,361	14,041,712	13,398,104	·	616,030	565,026	7,436,976	·	5,771,465	5,659,601	189,609,021	·	185,560,177
EBITDA	$-11M	$-6M	·	$-11M	$-12M	$-11M	·	$-19M	$-21M	$-17M	·	$-25M	$-26M	$-23M	·	$-28M

Stato Patrimoniale 27

Metrica	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Cash & Equivalents	$91M	$17M	$39M	$12M	$854.0K	$4M	$1M	$2M	$2M	$8M	$24M	$58M	$29M	$37M	$32M	$40M
Short-term Investments	·	·	·	·	·	·	·	$0	$699.0K	$3M	$7M	$13M	$18M	$27M	$48M	$72M
Receivables	$8M	$7M	$6M	$7M	$5M	$5M	$4M	$10M	$8M	$12M	$10M	$13M	$14M	$14M	$9M	$21M
Inventory	$28M	$28M	$27M	$35M	$38M	$46M	$50M	$62M	$60M	$63M	$61M	$81M	$78M	$74M	$71M	$69M
Prepaid Expense	$17M	$10M	$6M	$2M	$3M	$6M	$2M	$2M	$2M	$3M	$4M	$3M	$3M	$5M	$6M	$5M
Current Assets	$156M	$65M	$80M	$59M	$49M	$62M	$58M	$80M	$82M	$98M	$113M	$184M	$158M	$165M	$172M	$210M
PP&E (Net)	$16M	$16M	$13M	$12M	$15M	$14M	$14M	$13M	$14M	$15M	$16M	$17M	$18M	$19M	$20M	$19M
PP&E (Gross)	$30M	$30M	$26M	$27M	$30M	$27M	$27M	$25M	$25M	$25M	$25M	$27M	$27M	$26M	$26M	$24M
Accum. Depreciation	$14M	$13M	$13M	$15M	$14M	$14M	$13M	$12M	$11M	$10M	$9M	$9M	$8M	$7M	$6M	$5M
Other Non-current Assets	$27M	$10M	$11M	$19M	$11M	$12M	$14M	$14M	$16M	$17M	$18M	$22M	$23M	$23M	$23M	$20M
Total Assets	$200M	$92M	$105M	$94M	$79M	$91M	$89M	$111M	$117M	$136M	$154M	$230M	$207M	$214M	$223M	$257M
Accounts Payable	$5M	$9M	$10M	$11M	$15M	$16M	$19M	$18M	$14M	$16M	$16M	$13M	$18M	$11M	$12M	$14M
Accrued Liabilities	$943.0K	$758.0K	$2M	$2M	$4M	$2M	$1M	$2M	$2M	$2M	$2M	$6M	$4M	$9M	$9M	$11M
Short-term Debt	·	·	·	·	$17M	·	·	·	·	·	·	·	·	·	·	·
Current Liabilities	$25M	$27M	$34M	$38M	$43M	$44M	$38M	$63M	$49M	$61M	$49M	$99M	$36M	$38M	$46M	$62M
Capital Leases	$22M	$6M	$7M	$7M	$8M	$8M	$8M	$9M	$9M	$10M	$10M	$10M	$11M	$12M	$12M	$13M
Other Non-current Liabilities	$1M	$1M	$1M	$1M	$9M	$1M	$863.0K	$1M	$2M	$2M	$1M	$255.0K	$396.0K	$330.0K	$428.0K	$1M
Total Liabilities	$54M	$41M	$67M	$64M	$57M	$59M	$50M	$76M	$65M	$91M	$85M	$127M	$96M	$92M	$84M	$145M
Long-term Debt	$8M	$9M	$31M	$23M	$22M	$22M	·	$32M	$34M	$44M	·	$80M	$22M	$13M	·	·
Total Debt	·	·	·	·	$39M	·	·	·	·	·	·	·	·	·	·	·
Common Stock	$5.0K	$5.0K	$5.0K	$5.0K	$4.0K	$4.0K	$4.0K	$2.0K	$2.0K	$2.0K	$2.0K	$2.0K	$2.0K	$2.0K	$2.0K	$2.0K
Paid-in Capital	$663M	$557M	$536M	$511M	$491M	$489M	$466M	$443M	$438M	$431M	$425M	$400M	$390M	$379M	$362M	$356M
Retained Earnings	$-517M	$-505M	$-498M	$-481M	$-470M	$-456M	$-427M	$-408M	$-386M	$-385M	$-357M	$-297M	$-279M	$-256M	$-222M	$-242M
AOCI	·	·	$0	$0	·	$0	$0	$0	$-2.0K	$-44.0K	$-96.0K	$-252.0K	$-401.0K	$-549.0K	$-837.0K	$-1M
Stockholders' Equity	$147M	$52M	$38M	$30M	$22M	$33M	$40M	$35M	$52M	$45M	$68M	$103M	$111M	$122M	$139M	$113M
Liabilities + Equity	$200M	$92M	$105M	$94M	$79M	$91M	$89M	$111M	$117M	$136M	$154M	$230M	$207M	$214M	$223M	$257M
Shares Outstanding	32,149,118	26,216,822	24,607,630	20,912,172	14,067,416	210,232,762	12,993,962	9,647,652	8,611,219	261,704,589	7,383,390	200,314,984	196,737,320	192,479,797	187,561,368	186,412,818

Flusso di cassa 10

Metrica	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
D&A	$712.0K	$762.0K	$887.0K	$675.0K	$875.0K	$995.0K	$834.0K	$1M	$-2M	$1M	$3M	$3M	$1M	$2M	$2M	$1M
Stock-based Comp	$2M	$2M	$403.0K	$3M	$2M	$4M	$-1M	$4M	$4M	$4M	$5M	$7M	$7M	$6M	$5M	$5M
Other Non-cash	·	$-14M	·	·	·	$8M	·	·	·	$-2M	·	·	·	$-2M	·	·
Operating Cash Flow	$-22M	$-18M	$-8M	$-6M	$-1M	$-12M	$-2M	$-2M	$-8M	$-21M	$-25M	$-22M	$-28M	$-31M	$-32M	$-23M
CapEx	$4M	$940.0K	$603.0K	$313.0K	$2M	$0	$-19.0K	$20.0K	$2.0K	$6.0K	$-26.0K	$382.0K	$287.0K	$403.0K	$2M	$4M
Investing Cash Flow	$-4M	$-940.0K	$-603.0K	$-313.0K	$-2M	$0	$1M	$678.0K	$2M	$3M	$8M	$5M	$5M	$21M	$21M	$20M
Financing Cash Flow	$103M	$-4M	$36M	$17M	$0	$15M	$502.0K	$468.0K	$205.0K	$285.0K	$-17M	$46M	$15M	$15M	$2M	$-40.0K
Net Change in Cash	$78M	$-22M	$27M	$11M	$-3M	$3M	$-597.0K	$-825.0K	$-5M	$-17M	$-34M	$29M	$-8M	$5M	$-8M	$-3M
Free Cash Flow	·	$-19M	·	·	·	$-12M	·	·	·	$-21M	·	·	·	$-31M	·	·
Levered FCF	·	·	·	·	·	$-13M	·	·	·	$-24M	·	·	·	$-31M	·	·

Redditività 8

Metrica	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Gross Margin	21.5%	17.2%	·	3.2%	-11.7%	7.5%	·	49.4%	-28.0%	-28.8%	·	6.2%	11.9%	10.9%	·	-0.63%
Operating Margin	-53.5%	-50.3%	·	-77.9%	-89.1%	-127.9%	·	-227.3%	-198.4%	-219.2%	·	-105.9%	-102.3%	-90.0%	·	-146.2%
Net Margin	-55.7%	-50.6%	·	-86.7%	-101.4%	-272.7%	·	-277.2%	-1.7%	-289.3%	·	-73.1%	-92.3%	-135.0%	·	-393.4%
Pretax Margin	-55.7%	-50.5%	·	-86.8%	-100.7%	-272.6%	·	-277.2%	-1.7%	-289.3%	·	-73.1%	-92.3%	-135.0%	·	-393.4%
EBITDA Margin	-53.5%	-44.8%	·	-77.9%	-89.1%	-117.8%	·	-227.3%	-198.4%	-172.5%	·	-105.9%	-102.3%	-84.2%	·	-146.2%
ROA	-8.3%	-7.6%	·	-11.6%	-14.1%	-22.3%	·	-13.4%	-0.11%	-13.4%	·	-7.8%	-9.9%	·	·	-24.9%
ROE	-13.7%	-16.6%	·	-36.5%	-37.4%	-64.9%	·	-33.2%	-0.21%	-59.6%	·	-15.5%	-15.8%	·	·	-64.0%
ROIC	-7.5%	-13.5%	·	-35.2%	-20.0%	-36.3%	·	-54.0%	-38.5%	-47.2%	·	-24.5%	-23.2%	·	·	-24.8%

Liquidità e Solvibilità 5

Metrica	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Current Ratio	6.3	2.4	·	1.6	1.1	1.4	·	1.3	1.7	1.6	·	1.9	4.4	·	·	3.4
Quick Ratio	4.0	0.9	·	0.5	0.1	0.2	·	0.2	0.2	0.4	·	0.9	1.7	·	·	2.2
Debt / Equity	·	·	·	·	1.8	·	·	·	·	·	·	·	·	·	·	·
LT Debt / Equity	·	·	·	·	0.3	·	·	·	·	·	·	·	·	·	·	·
Interest Coverage	·	·	·	·	·	-11.1	·	-1.7	-3.8	-5.5	·	-22.8	-74.7	-109.7	·	-216.7

Efficienza 3

Metrica	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Asset Turnover	0.1	0.2	·	0.1	0.1	0.1	·	0.0	0.1	0.0	·	0.1	0.1	·	·	0.1
Inventory Turnover	0.5	0.3	·	0.3	0.3	0.2	·	0.1	0.2	0.2	·	0.3	0.3	·	·	0.5
Receivables Turnover	3.0	2.4	·	1.6	2.0	1.1	·	0.7	0.9	0.9	·	1.8	1.9	·	·	1.4

Per Azione 5

Metrica	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Book Value / Share	$4.56	$1.97	·	$1.44	$1.53	$0.16	·	$3.60	$6.05	$0.17	·	$0.51	$0.56	·	·	$0.61
Revenue / Share	$0.70	$0.55	·	$0.80	$0.97	$0.05	·	$0.89	$1.22	$0.04	·	$0.12	$0.13	$0.14	·	$0.10
Cash Flow / Share	·	$-0.72	·	·	·	$-0.06	·	·	·	$-0.08	·	·	·	$-0.16	·	·
Cash / Share	$2.83	$0.63	·	$0.57	$0.06	$0.02	·	$0.17	$0.29	$0.03	·	$0.29	$0.15	·	·	$0.22
EPS (TTM)	$-3.85	$-4.40	·	$-44.13	$-79.00	$-76.41	·	$-105.69	$-73.54	$-79.29	·	$-7.48	$-4.52	$0.21	·	$3.03

Valutazione (TTM) 11

Metrica	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Revenue TTM	$58M	$50M	·	$49M	$44M	$41M	·	$31M	$46M	$61M	·	$103M	$99M	$93M	·	$61M
Net Income TTM	$-50M	$-52M	·	$-68M	$-78M	$-64M	·	$-105M	$-102M	$-126M	·	$-58M	$-114M	$37M	·	$-27M
Market Cap	$564M	$246M	·	$64M	$101M	$523M	·	$104M	$429M	$62.65B	·	$164.06B	$223.10B	·	·	$385.59B
Enterprise Value	·	·	·	·	$140M	·	·	·	·	·	·	·	·	·	·	·
P/E	-4.6	-2.1	·	-0.1	-0.1	-0.0	·	-0.1	-0.7	-3.0	·	-109.5	-250.9	5675.0	·	682.7
P/S	9.8	4.9	·	1.3	2.3	12.9	·	3.4	9.4	1034.9	·	1597.2	2261.2	2461.9	·	6281.4
P/B	3.9	4.8	·	2.1	4.7	15.9	·	3.0	8.2	1378.5	·	1593.5	2017.3	·	·	3416.3
P / Tangible Book	3.9	4.8	·	2.1	4.7	15.9	·	3.0	8.2	1378.5	·	1593.5	2017.3	·	·	3416.3
P / Cash Flow	·	-13.7	·	·	·	-42.4	·	·	·	-3052.8	·	·	·	·	·	·
EV / Revenue	·	·	·	·	3.2	·	·	·	·	·	·	·	·	·	·	·
Earnings Yield	-21.9%	-46.9%	·	-1437.5%	-1097.2%	-3068.7%	·	-978.6%	-147.7%	-33.1%	·	-0.91%	-0.40%	0.02%	·	0.15%

Periodo più recente a sinistra · valori nulli mostrati come ·

Bilanci Conto economico, stato patrimoniale, flusso di cassa — annuale, ultimi 5 anni

16

Metrica	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31
Ricavi	$46M	·	·	·	$41M
Margine Lordo %	-16.1%	·	·	·	-5.1%
Margine Operativo %	-119.5%	·	·	·	-200.8%
Utile netto	$-71M	·	·	·	$-70M
EPS Diluito	$-4.33	·	·	·	$-82.32

Metrica	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31
Rapporto corrente	2.4	·	·	·	1.5
Quick Ratio	1.3	·	·	·	0.1

Metrica	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31
Flusso di cassa libero	$-30M	·	·	·	$-33M

Proprietari istituzionali (13F) 142 filer · $224.8M totale · Aggiornato al 30 Giugno 2026

17

Istituzioni che segnalano il possesso di questo titolo nel loro Modulo SEC 13F trimestrale. Solo posizioni lunghe; un singolo depositante può apparire due volte per diverse gambe di opzioni. Grandi posizioni put/call contrapposte riflettono tipicamente market-making o inventario coperto, non convinzione direzionale.

Detentori 142

Valore detenuto $224.8M

Nuove posizioni 81

Posizioni chiuse 14

Attività istituzionale — Q2 2026 vs trimestre precedente

Nuove posizioni	Posizioni chiuse	Aumentato	Diminuito	Variazione netta delle azioni
81 (+44 vs trimestre precedente)	14 (-2 vs trimestre precedente)	35 (+11 vs trimestre precedente)	17 (+13 vs trimestre precedente)	+5.4M

Confrontato con Q1 2026. Le dichiarazioni SEC Form 13F sono dovute entro 45 giorni dalla fine del trimestre più un breve margine per i dichiaranti in ritardo — i trimestri ancora all'interno di questa finestra vengono saltati a favore della coppia più recente completamente riportata.

Istituzione	Valore	Azioni	% di 13F tracciati	Tipo
BlackRock, Inc.	$24.237.761	1.381.069	10,78%	Azioni
AWM Investment Company, Inc.	$23.202.258	1.322.066	10,32%	Azioni
STATE STREET CORP	$17.619.884	1.003.982	7,84%	Azioni
VANGUARD CAPITAL MANAGEMENT LLC	$11.355.991	647.065	5,05%	Azioni
SUSQUEHANNA INTERNATIONAL GROUP, LLP	$10.101.780	575.600	4,49%	Azioni
NEXT CENTURY GROWTH INVESTORS LLC	$9.711.397	553.356	4,32%	Azioni
SUSQUEHANNA INTERNATIONAL GROUP, LLP	$9.069.840	516.800	4,04%	Opzione Call
GEODE CAPITAL MANAGEMENT, LLC	$7.737.815	440.818	3,44%	Azioni
JANE STREET GROUP, LLC	$6.911.190	393.800	3,07%	Opzione Put
VANGUARD PORTFOLIO MANAGEMENT LLC	$6.529.302	372.040	2,90%	Azioni
JANE STREET GROUP, LLC	$5.644.010	321.596	2,51%	Azioni
UBS Group AG	$5.439.693	309.954	2,42%	Azioni
SUSQUEHANNA INTERNATIONAL GROUP, LLP	$5.419.440	308.800	2,41%	Opzione Put
MILLENNIUM MANAGEMENT LLC	$5.325.354	303.439	2,37%	Azioni
VANGUARD GROUP INC	$5.315.182	386.840	2,36%	Azioni
CITADEL ADVISORS LLC	$3.903.120	222.400	1,74%	Opzione Call
JANE STREET GROUP, LLC	$3.901.365	222.300	1,74%	Opzione Call
Ghisallo Capital Management LLC	$3.510.000	200.000	1,56%	Azioni
ARK Investment Management LLC	$3.417.915	194.753	1,52%	Azioni
OPPENHEIMER & CO INC	$3.399.523	193.705	1,51%	Azioni
Jump Financial, LLC	$3.119.390	177.743	1,39%	Azioni
NORTHERN TRUST CORP	$2.299.033	130.999	1,02%	Azioni
CITADEL ADVISORS LLC	$2.167.425	123.500	0,96%	Opzione Put
VANGUARD FIDUCIARY TRUST CO	$2.092.030	119.204	0,93%	Azioni
LPL Financial LLC	$2.006.281	114.318	0,89%	Azioni
SYMMETRY PEAK MANAGEMENT LLC	$1.886.625	107.500	0,84%	Opzione Call
Invst, LLC	$1.816.934	103.529	0,81%	Azioni
TWO SIGMA INVESTMENTS, LP	$1.753.877	99.936	0,78%	Azioni
TUDOR INVESTMENT CORP ET AL	$1.669.777	95.144	0,74%	Azioni
Caitong International Asset Management Co., Ltd	$1.419.111	80.861	0,63%	Azioni
ROYAL BANK OF CANADA	$1.334.000	75.987	0,59%	Azioni
MOORE CAPITAL MANAGEMENT, LP	$1.316.250	75.000	0,59%	Azioni
PFG Advisors	$1.315.952	74.983	0,59%	Azioni
POLEN CAPITAL MANAGEMENT LLC	$1.306.106	74.422	0,58%	Azioni
IMC-Chicago, LLC	$1.238.679	70.580	0,55%	Azioni
CANTOR FITZGERALD, L. P.	$1.147.858	65.405	0,51%	Azioni
Clear Street Group Inc.	$1.092.768	62.266	0,49%	Azioni
Marex Group Ltd	$1.063.565	60.602	0,47%	Azioni
NewEdge Advisors, LLC	$1.023.641	58.327	0,46%	Azioni
COMMONWEALTH EQUITY SERVICES, LLC	$1.016.110	57.898	0,45%	Azioni
VK Services, LLC	$1.014.566	57.810	0,45%	Azioni
CITADEL ADVISORS LLC	$1.012.600	57.698	0,45%	Azioni
Apollon Wealth Management, LLC	$966.408	55.066	0,43%	Azioni
SYMMETRY PEAK MANAGEMENT LLC	$965.250	55.000	0,43%	Opzione Put
Cetera Investment Advisers	$941.628	53.654	0,42%	Azioni
MORGAN STANLEY	$906.476	51.651	0,40%	Azioni
CHARLES SCHWAB INVESTMENT MANAGEMENT INC	$881.133	50.207	0,39%	Azioni
BANK OF AMERICA CORP /DE/	$808.370	46.061	0,36%	Azioni
Balyasny Asset Management L.P.	$777.816	44.320	0,35%	Azioni
Point72 Asset Management, L.P.	$763.794	43.521	0,34%	Azioni

Mostra tutti i 142 proprietari istituzionali →

Attivisti e proprietari del 5%+ 5 partecipazioni

18

Investitori che hanno depositato SEC Schedule 13D — proprietà effettiva superiore al 5% con l'intento di influenzare l'emittente (partecipazioni attiviste, campagne per il consiglio di amministrazione, M&A). Ogni riga mostra lo stato più recente noto della posizione di quel depositante.

Depositante	Depositato	Partecipazione	Stato	Scopo	Deposito
Arun Jeldi, Arrayed Notes Acquisition Corp., Arrayed Additive, Inc. ×2 depositi	09 Marzo 2026	48,60%	Modifica	·	SEC
Bessemer Venture Partners IX Institutional L.P., Bessemer Venture Partners IX L.P., Deer IX & Co. L.P., Deer IX & Co. Ltd.	14 Febbraio 2025	0,50%	Modifica	·	SEC
Khosla Ventures Seed B, L.P., Khosla Ventures Seed B (CF), L.P., Khosla Ventures Seed Associates B, LLC, Khosla Ventures V, L.P., Khosla Ventures Associates V, LLC, VK Services, LLC, Vinod Khosla ×2 depositi	14 Febbraio 2025	0,40%	Modifica	Investimento passivo	SEC
PIV Fund I, L.P., PIV GP, L.L.C., Ricardo Angel, Mark Stout Gudiksen ×4 depositi	03 Maggio 2024	·	Deposito iniziale	·	SEC
Bessemer Venture Partners IX Institutional L.P. (2), Bessemer Venture Partners IX L.P. (2), Deer IX & Co. L.P. (2), Deer IX & Co. Ltd. (2)	12 Ottobre 2021	·	Deposito iniziale	·	SEC

Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.

Insider aziendali 23 insider · 7 dirigenti · 15 direttori

19

Insider	Ruolo	Ultima attività	Azioni possedute	Acquisti 12m	Netto 12m
Arun Jeldi	CEO	15 Agosto 2026 M	18.874	0	$0
James D Suva	CFO	06 Aprile 2026 A	·	0	$0
Hull Hou Jun Xu	CFO	31 Dicembre 2025 M	13.600	0	$0
Bernard Chung	ACTING CHIEF FINANCIAL OFFICER	15 Febbraio 2024 S	206.903	0	$0
William D. Mccombe	Chief Financial Officer	15 Agosto 2023 M	169.998	0	$0
Bradley Allen Kreger	COO	15 Maggio 2025 M	65.359	0	$0
Renette Youssef	CHIEF MARKETING OFFICER	15 Febbraio 2024 S	121.495	0	$0
Jason Michael Lloyd	Direttore	12 Settembre 2026 M	16.335	2	$27.390
Adrian Keppler	Direttore	12 Settembre 2026 M	15.208	0	$0
Stefan Krause	Direttore	12 Settembre 2026 M	15.370	0	$0
Lily Mei	Direttore	12 Giugno 2026 A	·	0	$0
Kenneth Dale Thieneman	Direttore	28 Maggio 2026 M	11.187	0	$0
Michael Idelchik	Direttore	10 Marzo 2025 M	8.927	0	$0
Ellen Smith	Direttore	31 Dicembre 2024 A	35.468	0	$0
Carl Bass	Direttore	31 Dicembre 2024 A	61.053	0	$0
Benyamin Buller	Direttore	10 Dicembre 2024 M	15.669	0	$0
Matthew Joseph Walters	Direttore	10 Dicembre 2024 M	7.401	0	$0
Gabrielle B Toledano	Direttore	10 Dicembre 2024 M	7.504	0	$0
Ellen M Pawlikowski	Direttore	26 Giugno 2023 A	54.673	0	$0
Ricardo Angel	Direttore	29 Settembre 2021 A	22.874.407	0	$0
Playground Ventures, L.P.	Proprietario del 10%	05 Aprile 2022 J	0	0	$0
Spitfire Sponsor LLC	Proprietario del 10%	30 Marzo 2022 J	0	0	$0
Barry S Sternlicht	Proprietario del 10%	29 Settembre 2021 J	8.550.000	0	$0

Insider dai depositi SEC Modulo 3/4/5; netto = solo acquisti/vendite di mercato

Proprietà ETF Posseduti da 12 ETF

20

Il peso riflette solo le partecipazioni azionarie dirette (N-PORT); fondi a leva o basati su derivati possono detenere ulteriore esposizione swap non mostrata.

Fondo	Peso	Unità	Aggiornato al	Fonte
PRNT · ARK ETF Trust	3,62%	209.897 NS	31 Luglio 2026	N-PORT
VFMO · VANGUARD WELLINGTON FUND	0,11%	128.980 SH	19 Agosto 2026	Giornaliero
IWC · iShares Trust	0,04%	55.872 SH	11 Settembre 2026	Giornaliero
VTWG · VANGUARD SCOTTSDALE FUNDS	0,02%	17.813 SH	19 Agosto 2026	Giornaliero
IWO · iShares Trust	0,01%	152.870 SH	11 Settembre 2026	Giornaliero
VTWO · VANGUARD SCOTTSDALE FUNDS	0,01%	94.882 SH	19 Agosto 2026	Giornaliero
IWM · iShares Trust	0,01%	430.417 SH	11 Settembre 2026	Giornaliero
RSSL · Global X Funds	0,01%	7.856 NS	31 Luglio 2026	N-PORT
ITOT · iShares Trust	0,00%	30.473 SH	11 Settembre 2026	Giornaliero
VXF · VANGUARD INDEX FUNDS	0,00%	201.951 SH	19 Agosto 2026	Giornaliero
VTI · VANGUARD INDEX FUNDS	0,00%	426.100 SH	19 Agosto 2026	Giornaliero
VTHR · VANGUARD SCOTTSDALE FUNDS	0,00%	1.360 SH	19 Agosto 2026	Giornaliero

VELO Consenso degli analisti Opinioni degli analisti, sia rialziste che ribassiste, target price a 12 mesi, potenziale di rialzo

21

rating · 11 analisti COMPRA

Target mediano $21.50 +92,0%

2 18,2% Acquisto forte

8 72,7% Compra

1 9,1% Mantieni

0 0,0% Vendi

0 0,0% Vendita forte

Target Price a 12 Mesi

4 analisti · 2026-10-03

Target medio $23.25 +107,6%

← Sotto tutti i target Prezzo attuale $11.20

Basso$17.00 Media$23.25 Alto$33.00

Confronto Peer (GICS sub-settore industriale) Metriche chiave rispetto ai pari del settore

22

Base FY, prezzi alla chiusura dell'ultimo anno fiscale di ciascuna società.

Ticker	Capitalizzazione di Mercato	P/E	Rev YoY	Margine Netto	ROE	Margine lordo
VELO	$338M	-3.2	12.1%	-155.2%	-209.7%	-16.1%
MEC	$380M	-46.8	-6.0%	-1.5%	-3.3%	·
FSTR	$273M	39.1	1.7%	1.4%	4.3%	21.1%
RR	·	-10.7	19.0%	-972.7%	·	35.9%
NNBR	$64M	-1.2	-9.1%	-8.1%	-72.7%	·
ERII	$712M	32.1	-6.9%	17.0%	11.0%	65.1%
AIRJ	·	·	·	·	·	·
OFLX	$297M	20.0	-3.3%	15.1%	17.7%	60.0%
PDYN	·	·	·	·	·	·
PPIH	$235M	13.8	33.2%	8.1%	19.9%	32.9%

Ultime notizie Notizie recenti che menzionano questa società

23

Lake Street Rimane Rialzista su Velo3D, Inc. (VELO) Dopo i Risultati del Q1 Yahoo Finance · 4 mesi, 1 settimana fa

Le Mie Metriche La tua watchlist personale — righe selezionate da Fondamentali Completi

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VELO Velo3D, Inc. - Common stock

VELO Snapshot del titolo Prezzo, capitalizzazione di mercato, P/E, EPS, ROE, debito/capitale proprio, intervallo 52 settimane

VELO Grafico del prezzo delle azioni OHLCV giornaliero con indicatori tecnici — panoramica, zoom e personalizza la tua visualizzazione

Performance decennale Andamento di ricavi, utile netto, margini e EPS

Valutazione Rapporti P/E, P/S, P/B, EV/EBITDA — il titolo è costoso o economico?

Redditività Margini lordi, operativi e netti; ROE, ROA, ROIC

Salute finanziaria Debito, liquidità, solvibilità — solidità del bilancio

Crescita Crescita di ricavi, EPS e utile netto: YoY, CAGR 3Y, CAGR 5Y

Metriche per Azione EPS, valore contabile per azione, flusso di cassa per azione, dividendo per azione

Efficienza del Capitale Rotazione delle attività, rotazione delle scorte, rotazione dei crediti

Cronologia utili EPS effettivo vs stima, surprise %, tasso di superamento, data prossimi utili

Fondamentali Completi Tutte le metriche per anno — conto economico, stato patrimoniale, rendiconto finanziario

Bilanci Conto economico, stato patrimoniale, flusso di cassa — annuale, ultimi 5 anni

Proprietari istituzionali (13F) 142 filer · $224.8M totale · Aggiornato al 30 Giugno 2026

Attivisti e proprietari del 5%+ 5 partecipazioni

Insider aziendali 23 insider · 7 dirigenti · 15 direttori

Proprietà ETF Posseduti da 12 ETF

VELO Consenso degli analisti Opinioni degli analisti, sia rialziste che ribassiste, target price a 12 mesi, potenziale di rialzo

Target Price a 12 Mesi

Confronto Peer (GICS sub-settore industriale) Metriche chiave rispetto ai pari del settore

Ultime notizie Notizie recenti che menzionano questa società

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