Is Voyager Technologies, Inc. (VOYG) a Buy, Sell, or Hold?
NYSE : VOYG
Voyager Technologies, Inc. — Financials
$43 USD
$1.15 (2.75%)
- Volume
- 2.08M
- Average Volume
- 2.14M
- Market Capitalization
- $2.6B
- P/E Ratio
- -18.38
- Dividend Yield
- 0.00%
- Price Target
- $55.00
- Year High
- $52.40
- Year Low
- $17.41
- Day High
- —
- Day Low
- —
- Payout Ratio
- $0.00
- Current Ratio
- $3.80
VOYG Financial Statements
| date | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| revenue | 166.42M | 144.18M | 136.06M |
| costOfRevenue | 145.08M | 109.26M | 108.28M |
| grossProfit | 21.34M | 34.92M | 27.78M |
| researchAndDevelopmentExpenses | 12.75M | 7.61M | -18.54M |
| generalAndAdministrativeExpenses | - | 61.57M | 53.34M |
| sellingAndMarketingExpenses | - | 1M | 700K |
| sellingGeneralAndAdministrativeExpenses | 111.66M | 62.57M | 54.04M |
| otherExpenses | - | 13.18M | 6.46M |
| operatingExpenses | 124.41M | 83.36M | 41.96M |
| costAndExpenses | 269.49M | 192.62M | 150.24M |
| netInterestIncome | -6.82M | -12.02M | -10.59M |
| interestIncome | - | - | - |
| interestExpense | 6.82M | 12.02M | 10.59M |
| depreciationAndAmortization | 16.39M | 16.38M | 12.93M |
| ebitda | -89.56M | -38.94M | -1.34M |
| ebit | -105.95M | -55.32M | -14.27M |
| nonOperatingIncomeExcludingInterest | 2.88M | 6.88M | 94000 |
| operatingIncome | -103.07M | -48.44M | -14.17M |
| totalOtherIncomeExpensesNet | -9.7M | -18.89M | -10.68M |
| incomeBeforeTax | -112.77M | -67.34M | -24.86M |
| incomeTaxExpense | -440K | -1.71M | 341K |
| netIncomeFromContinuingOperations | -112.33M | -65.63M | -25.2M |
| netIncomeFromDiscontinuedOperations | - | - | - |
| otherAdjustmentsToNetIncome | - | - | - |
| netIncome | -104.81M | -62.07M | -25.44M |
| netIncomeDeductions | - | - | - |
| bottomLineNetIncome | -116.07M | -83.89M | -43.28M |
| eps | -1.99 | -1.44 | -0.74 |
| date | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| cashAndCashEquivalents | 491.33M | 55.93M | 30.28M |
| shortTermInvestments | - | - | - |
| cashAndShortTermInvestments | 491.33M | 55.93M | 30.28M |
| netReceivables | 59.6M | 32.66M | 32.9M |
| accountsReceivables | 59.6M | 15.36M | 17.08M |
| otherReceivables | - | 17.3M | 15.82M |
| inventory | 3.82M | 1.53M | 3.1M |
| prepaids | - | 11.46M | 2.92M |
| otherCurrentAssets | 26.54M | - | - |
| totalCurrentAssets | 581.3M | 101.58M | 69.2M |
| propertyPlantEquipmentNet | 182.45M | 57.61M | 23.54M |
| goodwill | 157.67M | 46.52M | 46.52M |
| intangibleAssets | 98.98M | 34.68M | 44.27M |
| goodwillAndIntangibleAssets | 256.66M | 81.2M | 90.78M |
| longTermInvestments | - | - | - |
| taxAssets | - | - | - |
| otherNonCurrentAssets | 30.05M | 7.21M | 5.37M |
| totalNonCurrentAssets | 469.15M | 146.02M | 119.69M |
| otherAssets | - | - | - |
| totalAssets | 1.05B | 247.6M | 188.89M |
| totalPayables | 28.67M | 23.7M | 13.71M |
| accountPayables | 27.39M | 22.79M | 13.5M |
| otherPayables | 1.28M | 914K | 216K |
| accruedExpenses | - | 11.05M | 15.3M |
| shortTermDebt | - | 665K | 45.15M |
| capitalLeaseObligationsCurrent | 5.83M | 3M | 3.28M |
| taxPayables | - | 914K | 216K |
| deferredRevenue | - | 21.36M | 16.26M |
| otherCurrentLiabilities | 98.52M | 27.63M | 17.52M |
| totalCurrentLiabilities | 133.03M | 87.41M | 111.22M |
| longTermDebt | 447.63M | 88.35M | 30.56M |
| capitalLeaseObligationsNonCurrent | 13.34M | 6.2M | 7.34M |
| deferredRevenueNonCurrent | 7.9M | 2.76M | 6.42M |
| deferredTaxLiabilitiesNonCurrent | 8.86M | 112K | 2.67M |
| otherNonCurrentLiabilities | 10.17M | 2.82M | 396K |
| totalNonCurrentLiabilities | 487.89M | 100.26M | 47.38M |
| otherLiabilities | - | - | - |
| capitalLeaseObligations | 19.17M | 9.2M | 10.62M |
| totalLiabilities | 620.92M | 187.67M | 158.6M |
| treasuryStock | -27.7M | - | - |
| preferredStock | - | 289.8M | 204.52M |
| commonStock | 6000 | 1000 | 1000 |
| retainedEarnings | -385.93M | -281.11M | -216.8M |
| additionalPaidInCapital | 797.44M | 15.08M | - |
| date | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| netIncome | -112.33M | -65.63M | -25.2M |
| depreciationAndAmortization | 16.39M | 16.38M | 12.93M |
| deferredIncomeTax | -478K | -2.61M | -645K |
| stockBasedCompensation | 18.92M | 3.76M | 2.71M |
| changeInWorkingCapital | -8.7M | -2.9M | -6.98M |
| accountsReceivables | -5.71M | -5.92M | -1.46M |
| inventory | -341K | 1.58M | 1.49M |
| accountsPayables | 4.07M | -6.07M | -1.56M |
| otherWorkingCapital | -6.72M | 7.51M | -5.45M |
| otherNonCashItems | 25.26M | 25.5M | 1.81M |
| netCashProvidedByOperatingActivities | -60.94M | -25.5M | -15.38M |
| investmentsInPropertyPlantAndEquipment | -144.67M | -82.7M | -17.21M |
| acquisitionsNet | -151.83M | - | - |
| purchasesOfInvestments | -15.5M | - | -100000 |
| salesMaturitiesOfInvestments | - | - | - |
| otherInvestingActivities | 50.4M | 54.93M | 28.91M |
| netCashProvidedByInvestingActivities | -261.61M | -27.77M | 11.6M |
| netDebtIssuance | 395.58M | 11.44M | 7.49M |
| longTermNetDebtIssuance | 395.58M | 11.44M | 11.82M |
| shortTermNetDebtIssuance | - | - | -4.34M |
| netStockIssuance | 406.4M | 66.6M | 3.13M |
| netCommonStockIssuance | 293.4M | 66.6M | - |
| commonStockIssuance | 455.29M | 66.6M | - |
| commonStockRepurchased | -161.89M | - | - |
| netPreferredStockIssuance | 113M | - | 3.13M |
| netDividendsPaid | -27.58M | - | - |
| commonDividendsPaid | - | - | - |
| preferredDividendsPaid | -27.58M | - | - |
| otherFinancingActivities | -16.58M | 914K | -8.68M |
| netCashProvidedByFinancingActivities | 757.82M | 78.96M | 1.93M |
| date | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| revenue | 52.75M | 35.25M | 46.65M | 39.59M | 45.67M | 34.51M | 37.71M | 39.6M | 36.65M | 30.22M |
| costOfRevenue | 48.29M | 41.02M | 40.06M | 33.5M | 39.07M | 28.92M | 30.61M | 33.32M | 27.39M | 24.04M |
| grossProfit | 4.46M | -5.78M | 6.6M | 6.09M | 6.61M | 5.58M | 7.1M | 6.28M | 9.26M | 6.18M |
| researchAndDevelopmentExpenses | 7.34M | 7.51M | 5.17M | 3.04M | 502K | 4.04M | 371K | 397K | 6.87M | 767K |
| generalAndAdministrativeExpenses | 43.67M | - | - | - | - | - | - | - | - | - |
| sellingAndMarketingExpenses | - | - | - | - | - | - | - | - | - | - |
| sellingGeneralAndAdministrativeExpenses | 43.67M | 30.2M | 32.51M | 25.11M | 29.43M | 26.29M | 18.16M | 14.84M | 13.3M | 15.59M |
| otherExpenses | 4.86M | - | - | 1.99M | - | 1.55M | - | -794K | 1.74M | 1.74M |
| operatingExpenses | 55.86M | 37.71M | 37.68M | 30.13M | 29.93M | 31.87M | 18.54M | 14.44M | 21.91M | 18.1M |
| costAndExpenses | 104.15M | 78.74M | 77.74M | 63.63M | 69M | 60.8M | 49.15M | 47.76M | 49.3M | 42.14M |
| netInterestIncome | -1.9M | -2.11M | -1.37M | -200K | -2.52M | -2.73M | -2.99M | -2.94M | -3.1M | -2.99M |
| interestIncome | - | - | - | - | - | - | - | - | - | - |
| interestExpense | 1.9M | 2.11M | 1.37M | 200K | 2.52M | 2.73M | 2.99M | 2.94M | 3.1M | 2.99M |
| depreciationAndAmortization | 7.17M | 7.24M | 6.16M | 3.57M | 3.39M | 3.27M | 4.68M | 4.86M | 3.48M | 3.36M |
| ebitda | -41.87M | -33.37M | -24.28M | -16.32M | -27.07M | -21.88M | -6.75M | -3.3M | -19.6M | -8.36M |
| ebit | -49.04M | -40.6M | -30.44M | -19.9M | -30.46M | -25.15M | -11.44M | -8.16M | -23.08M | -11.71M |
| nonOperatingIncomeExcludingInterest | -2.37M | -2.89M | -645K | -4.14M | 7.14M | -1.14M | - | - | 10.43M | -210K |
| operatingIncome | -51.41M | -43.49M | -31.08M | -24.04M | -23.32M | -26.29M | -11.44M | -8.16M | -12.65M | -11.92M |
| totalOtherIncomeExpensesNet | 467K | 774K | -724K | 3.94M | -9.66M | -1.59M | 131K | -6.99M | -13.53M | -2.78M |
| incomeBeforeTax | -50.94M | -42.72M | -31.81M | -20.1M | -32.98M | -27.88M | -11.3M | -15.16M | -26.17M | -14.7M |
| incomeTaxExpense | -2.2M | 3.23M | 1.19M | -1.76M | 81000 | 48000 | -1.93M | 92000 | -122K | 248K |
| netIncomeFromContinuingOperations | -48.75M | -45.94M | -33M | -18.34M | -33.06M | -27.93M | -9.38M | -15.25M | -26.05M | -14.95M |
| netIncomeFromDiscontinuedOperations | - | - | - | - | - | - | - | - | - | - |
| otherAdjustmentsToNetIncome | - | - | - | - | - | - | - | - | - | - |
| netIncome | -46.49M | -43.98M | -30.22M | -16.27M | -31.38M | -26.94M | -8.96M | -14.97M | -23.32M | -14.82M |
| netIncomeDeductions | - | - | - | - | - | - | - | - | - | - |
| bottomLineNetIncome | -46.49M | -43.98M | -30.22M | -16.27M | -36.64M | -32.94M | -14.7M | -20.56M | -28.8M | -19.83M |
| eps | -0.79 | -0.75 | -0.52 | -0.28 | -0.64 | -0.59 | -0.26 | -0.35 | -0.51 | -0.35 |
| date | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| cashAndCashEquivalents | 373.44M | 429.36M | 491.33M | 413.32M | 468.92M | 175.49M | 55.93M |
| shortTermInvestments | - | - | - | - | - | - | - |
| cashAndShortTermInvestments | 373.44M | 429.36M | 491.33M | 413.32M | 468.92M | 175.49M | 55.93M |
| netReceivables | 77.83M | 47.96M | 59.6M | 39.89M | 34.28M | 26.36M | 32.66M |
| accountsReceivables | 40.37M | 12.16M | 59.6M | 39.89M | 12.67M | 7.83M | 32.66M |
| otherReceivables | 37.46M | 35.8M | - | - | 21.61M | 18.53M | - |
| inventory | 9.62M | 5.72M | 3.82M | 1.72M | 1.42M | 1.24M | 1.53M |
| prepaids | - | - | - | 26.53M | - | 7.51M | 11.46M |
| otherCurrentAssets | 24.8M | 25.66M | 26.54M | - | 6.79M | - | - |
| totalCurrentAssets | 485.68M | 508.7M | 581.3M | 481.46M | 511.42M | 210.6M | 101.58M |
| propertyPlantEquipmentNet | 252.5M | 233.33M | 182.45M | 116.74M | 76.18M | 67.51M | 57.61M |
| goodwill | 157.67M | 157.67M | 157.67M | 72.11M | 50.51M | 46.52M | 46.52M |
| intangibleAssets | 89.89M | 94.75M | 98.98M | 44.88M | 36.99M | 33.14M | 34.68M |
| goodwillAndIntangibleAssets | 247.57M | 252.42M | 256.66M | 116.98M | 87.5M | 79.65M | 81.2M |
| longTermInvestments | - | - | - | - | - | - | - |
| taxAssets | - | - | - | - | - | - | - |
| otherNonCurrentAssets | 23.53M | 29.26M | 30.05M | 12.61M | 10.23M | 7.7M | 7.21M |
| totalNonCurrentAssets | 523.6M | 515.02M | 469.15M | 246.33M | 173.92M | 154.86M | 146.02M |
| otherAssets | - | - | - | - | - | - | - |
| totalAssets | 1.01B | 1.02B | 1.05B | 727.8M | 685.34M | 365.46M | 247.6M |
| totalPayables | 37.62M | 19.85M | 28.67M | 23.04M | 20.94M | 15.69M | 22.79M |
| accountPayables | 37.62M | 19.85M | 27.39M | 23.04M | 20.75M | 15.24M | 22.79M |
| otherPayables | - | - | 1.28M | - | 196K | 450K | - |
| accruedExpenses | - | - | - | 37.76M | 22.72M | 21.39M | 38.68M |
| shortTermDebt | 7.58M | 6.76M | 5.83M | - | - | 676K | 665K |
| capitalLeaseObligationsCurrent | - | - | - | 4.38M | 3.39M | 3.19M | 3M |
| taxPayables | - | - | - | - | 196K | 450K | - |
| deferredRevenue | - | - | - | - | 10.17M | 16.05M | - |
| otherCurrentLiabilities | 82.62M | 84.64M | 98.52M | 32.67M | 34.08M | 31.32M | 22.28M |
| totalCurrentLiabilities | 127.83M | 111.25M | 133.03M | 97.86M | 91.29M | 88.32M | 87.41M |
| longTermDebt | 483.48M | 484.56M | 447.63M | - | - | 89.83M | 88.35M |
| capitalLeaseObligationsNonCurrent | - | - | 13.34M | 6.13M | 6.11M | 6.65M | 6.2M |
| deferredRevenueNonCurrent | 7.9M | 7.9M | 7.9M | 2.95M | 2.95M | 2.82M | - |
| deferredTaxLiabilitiesNonCurrent | 9.84M | 12.02M | 8.86M | 354K | 203K | 178K | - |
| otherNonCurrentLiabilities | 3.63M | 3.51M | 10.17M | 2.02M | 1.97M | 2.89M | 99.2M |
| totalNonCurrentLiabilities | 504.86M | 507.99M | 487.89M | 11.46M | 11.23M | 102.37M | 193.75M |
| otherLiabilities | - | - | - | - | - | - | - |
| capitalLeaseObligations | - | - | 13.34M | 10.51M | 9.49M | 9.84M | 9.2M |
| totalLiabilities | 632.69M | 619.25M | 620.92M | 109.32M | 102.52M | 190.68M | 281.16M |
| treasuryStock | -38.54M | -35.88M | -27.7M | - | - | - | - |
| preferredStock | - | - | - | - | - | 390.64M | 196.3M |
| commonStock | 6000 | 6000 | 6000 | 6000 | 6000 | 1000 | 1000 |
| retainedEarnings | -476.4M | -429.91M | -385.93M | -355.71M | -339.43M | -308.05M | -281.11M |
| additionalPaidInCapital | 840.71M | 823.08M | 797.44M | 946.64M | 894.23M | 61.82M | 15.08M |
| date | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| netIncome | -48.75M | -45.94M | -33M | -18.34M | -33.06M | -27.93M | -8.96M | -14.97M | -26.05M | -14.95M |
| depreciationAndAmortization | 7.17M | 7.24M | 6.16M | 3.57M | 3.39M | 3.27M | 6.2M | 6.11M | 3.48M | 3.36M |
| deferredIncomeTax | -2.18M | 3.16M | 1.07M | -1.64M | 24000 | 65000 | - | - | -320K | 119K |
| stockBasedCompensation | 3.76M | 4.11M | 3.53M | 2.12M | 11.55M | 1.72M | 1.08M | 845K | 1.11M | 730K |
| changeInWorkingCapital | -12M | -13.57M | 3.68M | -1.65M | -7.91M | -2.82M | -1.01M | 1.16M | -5.13M | 1.23M |
| accountsReceivables | -27.06M | 8.04M | -1.09M | -4.81M | -6.11M | 6.3M | 838K | -1.89M | -10.15M | 5.29M |
| inventory | -3.9M | -1.9M | -148K | -295K | -182K | 284K | -21000 | 1.05M | 336K | 207K |
| accountsPayables | 6M | -4.28M | 585K | 428K | 3.07M | -10000 | - | - | 2.31M | -6.7M |
| otherWorkingCapital | 12.95M | -15.44M | 4.33M | 3.03M | -4.69M | -9.39M | -1.82M | 2M | 2.38M | 2.43M |
| otherNonCashItems | 7.68M | 5.29M | 3.59M | 875K | 9.47M | 11.33M | -2.81M | 5.9M | 15.76M | 1.61M |
| netCashProvidedByOperatingActivities | -44.32M | -39.71M | -14.98M | -15.06M | -16.55M | -14.35M | -5.5M | -948K | -11.15M | -7.91M |
| investmentsInPropertyPlantAndEquipment | -35.54M | -51.12M | -48.11M | -38.7M | -30.9M | -26.97M | -29.94M | -20.44M | -16.28M | -16.05M |
| acquisitionsNet | - | -5.84M | -119.24M | -26.02M | -6.57M | - | - | - | - | - |
| purchasesOfInvestments | - | - | -13M | - | - | - | - | - | - | - |
| salesMaturitiesOfInvestments | 31.06M | - | - | - | - | - | - | - | - | - |
| otherInvestingActivities | -24.03M | 24.03M | 8.55M | 1.1M | 20.25M | 18M | 25.2M | 15.48M | 3.6M | 10.65M |
| netCashProvidedByInvestingActivities | -28.51M | -32.92M | -171.8M | -63.62M | -17.22M | -8.97M | -4.74M | -4.96M | -12.68M | -5.4M |
| netDebtIssuance | - | - | 460M | -130K | -64.42M | 130K | 5.13M | 247K | 6.24M | -175K |
| longTermNetDebtIssuance | - | - | 460M | -130K | -64.42M | 130K | 5.13M | 247K | 6.24M | -175K |
| shortTermNetDebtIssuance | - | - | - | - | - | - | - | - | - | - |
| netStockIssuance | 16.92M | 3.64M | -158.85M | - | 425.68M | 142.72M | - | - | 12.45M | 24.75M |
| netCommonStockIssuance | 4.89M | 3.64M | -158.85M | - | 412.13M | 43.28M | - | - | - | 24.75M |
| commonStockIssuance | 4.89M | 3.64M | 1000 | - | 412.13M | 43.28M | - | - | - | 24.75M |
| commonStockRepurchased | - | - | -158.85M | - | - | - | - | - | - | - |
| netPreferredStockIssuance | 12.03M | - | - | - | 13.55M | 99.45M | - | - | 12.45M | - |
| netDividendsPaid | - | - | - | - | - | - | - | - | - | - |
| commonDividendsPaid | - | - | - | - | - | - | - | - | - | - |
| preferredDividendsPaid | - | - | - | - | - | - | - | - | - | - |
| otherFinancingActivities | - | 7.04M | -36.37M | 23.21M | -34.2M | - | 18.9M | -1.48M | 12.93M | -34000 |
| netCashProvidedByFinancingActivities | 16.92M | 10.68M | 264.78M | 23.08M | 327.1M | 142.85M | 24.03M | -1.23M | 31.62M | 24.54M |