Stocks · Technology · Radio & Tv Broadcasting & Communications Equipment

Vistance Networks, Inc.

VISN Clue Score42
United States Fiscal year ends December CIK 0001517228
$6.05 +0.50% Close, 9 Oct 2026
Price $6.05 −48.07% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue4.92Operating income0.57Net income0.22EPS, diluted1.13Fiscal year 2017Revenue4.56 −7.4%Operating income0.47Net income0.19 −13.0%EPS, diluted0.98 −13.3%Fiscal year 2018Revenue4.57 +0.2%Operating income0.45Net income0.14 −27.7%EPS, diluted0.72 −26.5%Fiscal year 2019Revenue8.35 +82.7%Operating income−0.51Net income−0.93 −763.0%EPS, diluted−5.02 −797.2%Fiscal year 2020Revenue8.44 +1.1%Operating income−0.05Net income−0.57EPS, diluted−3.20Fiscal year 2021Revenue6.74 −20.1%Operating income0.20Net income−0.46EPS, diluted−2.55Fiscal year 2022Revenue5.79 −14.1%Operating income−0.94Net income−1.29EPS, diluted−6.49Fiscal year 2023Revenue1.86 −67.8%Operating income−0.66Net income−1.51EPS, diluted−7.44Fiscal year 2024Revenue1.38 −25.8%Operating income−0.29Net income−0.32EPS, diluted−1.78Fiscal year 2025Revenue1.93 +39.7%Operating income0.05Net income2.28EPS, diluted9.63
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 4.92 4.56 4.57 8.35 8.44 6.74 5.79 1.86 1.38 1.93
Growth −7.4% +0.2% +82.7% +1.1% −20.1% −14.1% −67.8% −25.8% +39.7%
Operating income 0.57 0.47 0.45 −0.51 −0.05 0.20 −0.94 −0.66 −0.29 0.05
Net income 0.22 0.19 0.14 −0.93 −0.57 −0.46 −1.29 −1.51 −0.32 2.28
Growth −13.0% −27.7% −763.0%
EPS, diluted 1.13 0.98 0.72 −5.02 −3.20 −2.55 −6.49 −7.44 −1.78 9.63
Growth −13.3% −26.5% −797.2%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2016Operating margin11.5%Net margin4.5%Free cash flow margin11.6%Fiscal year 2017Gross margin37.4%Operating margin10.3%Net margin4.2%Free cash flow margin11.3%Fiscal year 2018Gross margin35.8%Operating margin9.9%Net margin3.1%Free cash flow margin9.0%Fiscal year 2019Gross margin28.8%Operating margin−6.1%Net margin−11.1%Free cash flow margin5.9%Fiscal year 2020Gross margin32.6%Operating margin−0.6%Net margin−6.8%Free cash flow margin3.7%Fiscal year 2021Gross margin36.2%Operating margin2.9%Net margin−6.9%Free cash flow margin−0.1%Fiscal year 2022Gross margin34.3%Operating margin−16.2%Net margin−22.2%Free cash flow margin1.5%Fiscal year 2023Gross margin48.3%Operating margin−35.4%Net margin−80.8%Free cash flow margin12.7%Fiscal year 2024Gross margin43.8%Operating margin−21.1%Net margin−22.8%Free cash flow margin17.9%Fiscal year 2025Gross margin49.5%Operating margin2.5%Net margin118.2%Free cash flow margin13.1%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Gross margin n/a 37.4% 35.8% 28.8% 32.6% 36.2% 34.3% 48.3% 43.8% 49.5%
Operating margin 11.5% 10.3% 9.9% −6.1% −0.6% 2.9% −16.2% −35.4% −21.1% 2.5%
Net margin 4.5% 4.2% 3.1% −11.1% −6.8% −6.9% −22.2% −80.8% −22.8% 118.2%
Free cash flow margin 11.6% 11.3% 9.0% 5.9% 3.7% −0.1% 1.5% 12.7% 17.9% 13.1%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow0.64Capital expenditure−0.07Free cash flow0.57Fiscal year 2017Operating cash flow0.59Capital expenditure−0.07Free cash flow0.52 −9.5%Buybacks−0.18Fiscal year 2018Operating cash flow0.49Capital expenditure−0.08Free cash flow0.41 −20.4%Fiscal year 2019Operating cash flow0.60Capital expenditure−0.10Free cash flow0.49 +19.5%Fiscal year 2020Operating cash flow0.44Capital expenditure−0.12Free cash flow0.32 −36.0%Fiscal year 2021Operating cash flow0.12Capital expenditure−0.13Free cash flow−0.01 −102.9%Fiscal year 2022Operating cash flow0.19Capital expenditure−0.10Free cash flow0.09Fiscal year 2023Operating cash flow0.30Capital expenditure−0.06Free cash flow0.24 +166.7%Fiscal year 2024Operating cash flow0.27Capital expenditure−0.03Free cash flow0.25 +4.7%Fiscal year 2025Operating cash flow0.32Capital expenditure−0.07Free cash flow0.25 +1.9%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 0.64 0.59 0.49 0.60 0.44 0.12 0.19 0.30 0.27 0.32
Capital expenditure −0.07 −0.07 −0.08 −0.10 −0.12 −0.13 −0.10 −0.06 −0.03 −0.07
Free cash flow 0.57 0.52 0.41 0.49 0.32 −0.01 0.09 0.24 0.25 0.25
Growth −9.5% −20.4% +19.5% −36.0% −102.9% +166.7% +4.7% +1.9%
Buybacks n/a −0.18 n/a n/a n/a n/a n/a n/a n/a n/a

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash0.43Total debt4.55Net cash (debt)−4.12Shareholders’ equity1.39Debt to equity3.26Fiscal year 2017Cash0.45Total debt4.37Net cash (debt)−3.92Shareholders’ equity1.65Debt to equity2.65Fiscal year 2018Cash0.46Total debt3.99Net cash (debt)−3.53Shareholders’ equity1.76Debt to equity2.27Fiscal year 2019Cash0.60Total debt9.83Net cash (debt)−9.23Shareholders’ equity0.84Debt to equity11.76Fiscal year 2020Cash0.52Total debt9.52Net cash (debt)−9.00Shareholders’ equity0.36Debt to equity26.82Fiscal year 2021Cash0.36Total debt9.51Net cash (debt)−9.15Shareholders’ equity−0.16Fiscal year 2022Cash0.37Total debt9.50Net cash (debt)−9.13Shareholders’ equity−1.55Fiscal year 2023Cash0.50Total debt9.28Net cash (debt)−8.78Shareholders’ equity−3.02Fiscal year 2024Cash0.40Total debt9.24Net cash (debt)−8.83Shareholders’ equity−3.46Fiscal year 2025Cash0.75Total debt7.26Net cash (debt)−6.51Shareholders’ equity−1.00
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 0.43 0.45 0.46 0.60 0.52 0.36 0.37 0.50 0.40 0.75
Total debt 4.55 4.37 3.99 9.83 9.52 9.51 9.50 9.28 9.24 7.26
Net cash (debt) −4.12 −3.92 −3.53 −9.23 −9.00 −9.15 −9.13 −8.78 −8.83 −6.51
Shareholders’ equity 1.39 1.65 1.76 0.84 0.36 −0.16 −1.55 −3.02 −3.46 −1.00
Debt to equity 3.26 2.65 2.27 11.76 26.82 n/a n/a n/a n/a n/a

In billions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Balance sheet

In billions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Assets
0.43 0.45 0.46 0.60 0.52 0.36 0.37 0.50 0.40 0.75
0.95 0.90 0.81 1.70 1.49 1.53 1.18 0.58 0.25 0.35
0.47 0.44 0.47 0.98 1.09 1.44 1.38 0.90 0.40 0.31
0.47 0.47 0.45 0.72 0.68 0.66 0.60 0.43 0.08 0.06
2.77 2.89 2.85 5.47 5.29 5.23 3.46 0.76 0.76 0.76
7.14 7.04 6.63 14.43 13.58 13.26 11.69 9.33 8.75 9.37
Growth −1.4% −5.8% +117.7% −5.9% −2.3% −11.9% −20.1% −6.3% +7.1%
Liabilities
n/a n/a n/a 0.03 0.03 0.03 0.03 0.03 0.00 0.00
4.55 4.37 3.99 9.80 9.49 9.48 9.47 9.25 9.24 7.26
calc 4.55 4.37 3.99 9.83 9.52 9.51 9.50 9.28 9.24 7.26
5.75 5.39 4.87 12.60 12.18 12.36 12.13 11.20 10.98 9.10
Equity
−0.59 −0.40 −0.25 −1.18 −1.75 −2.22 −3.50 −5.01 −5.32 −3.04
1.39 1.65 1.76 0.84 0.36 −0.16 −1.55 −3.02 −3.46 −1.00
Growth +18.2% +6.6% −52.4% −57.6% −144.1%
Per share and net cash
calc −4.12 −3.92 −3.53 −9.23 −9.00 −9.15 −9.13 −8.78 −8.83 −6.51
193.8 190.9 192.4 194.6 200.1 204.6 208.4 212.1 215.9 215.9
calc 7.19 8.63 9.13 4.30 1.77 −0.77 −7.42 −14.26 −16.01 −4.65

Lines marked calc are worked out here from filed figures; point at one for how.