VRUS - Verus International, Inc.

Other OTC - Other OTC Delayed Price. Currency in USD
0.0026
+0.0003 (+13.04%)
At close: 3:59PM EDT
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Performance Outlook
  • Short Term
    2W - 6W
  • Mid Term
    6W - 9M
  • Long Term
    9M+
Previous Close0.0023
Open0.0023
Bid0.0000 x 0
Ask0.0000 x 0
Day's Range0.0021 - 0.0026
52 Week Range0.0020 - 0.0350
Volume27,836,379
Avg. Volume42,351,965
Market Cap6.743M
Beta (5Y Monthly)1.06
PE Ratio (TTM)N/A
EPS (TTM)-0.0060
Earnings DateApr 29, 2020
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
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  • GlobeNewswire

    VERUS INTERNATIONAL ANNOUNCES NATIONAL IMPLEMENTATION AGREEMENT FOR PACHYDERM LABS PRODUCT LINES

    Gaithersburg, MD, July 17, 2020 -- Verus International, Inc. (“Verus” or the “Company”) (OTCQB: VRUS) is pleased to announce that it has signed an agreement with a national.

  • GlobeNewswire

    VERUS INTERNATIONAL ANNOUNCES NEW EQUITY INVESTMENT AND NOTES PAYABLE UPDATE

    Verus International, Inc. (“Verus” or the “Company”) (VRUS) is providing this update to inform analysts and investors of the status of a new equity funding initiative designed to extinguish the Company’s existing debt. This structure is part of a strategy to lower the Company’s cost of capital while minimizing future dilutive events. Specifically, Verus has signed an agreement with a financial entity to provide up to $5 million of funding through the periodic sale of equity at a modest 5% discount to market.

  • GlobeNewswire

    VERUS INTERNATIONAL ANNOUNCES NEW PACHYDERM LABS DIVISION

    Verus International, Inc. (“Verus” or the “Company”) (VRUS) is pleased to announce its newest operating division, Pachyderm Labs, which will target the consumer cannabidiol (“CBD”) products market. The division will operate out of the Company’s Houston, Texas location, which will operate as both a manufacturing and warehouse facility. Pachyderm Labs has been a stealth initiative under development for nearly a year, so it enters the Verus product family with a fully developed product line, supply chain, distribution channels, inventory, and initial customers.

  • GlobeNewswire

    VERUS INTERNATIONAL REPORTS RECORD SECOND QUARTER RESULTS

    Verus International, Inc. (“Verus” or the “Company”) (VRUS) reported record results for its second fiscal quarter ended April 30, 2020. In conjunction with this release, the Company is also providing additional details on its business outlook for the second half of fiscal year 2020. Revenue set an all-time 2nd quarter record, reaching $4.6 million, an increase of 58% over the $2.9 million reported in Q2 2019.

  • GlobeNewswire

    VERUS INTERNATIONAL ANNOUNCES EXPANSION PLANS FOR U.S. SALES NETWORK

    Verus International, Inc. (“Verus” or the “Company”) (VRUS) is providing this update to highlight the positive impact on its operations from the expected restart of professional sports in the United States. The announcement by Major League Baseball (MLB) that it will attempt to conduct a shortened season has generated an immediate, positive impact on partner plans for sports-related retail initiatives through the remainder of 2020. As a result, we are now able to provide the following update on activities at our Big League Foods (BLF) division relating to this improvement in the business outlook.

  • GlobeNewswire

    VERUS INTERNATIONAL ACHIEVES RECORD QUARTERLY REVENUE AND PROVIDES UPDATE TO BUSINESS PROGRESS

    Verus International, Inc. (“Verus” or the “Company”) (VRUS) reported results for its first fiscal quarter ended January 31, 2020. In conjunction with this release, the Company is also providing additional details on recently announced business opportunities that will impact the 2020 financial year. Gross profit margin improved to 18.4%, approximately 340 basis-points higher than the 15.0% reported in Q1 2019 and 320 basis-points higher than the average of the trailing four fiscal quarters.

  • GlobeNewswire

    VERUS INTERNATIONAL SCHEDULES FIRST QUARTER FISCAL 2020 FINANCIAL RESULTS CONFERENCE CALL

    Verus International, Inc. (“Verus” or the “Company”) (VRUS) will conduct its first quarter fiscal 2020 financial results and corporate update conference call on Wednesday, April 29, 2020 at 4:30 p.m. Eastern Time (1:30 p.m. Pacific Time). The Company will release its first quarter fiscal 2020 financial results prior to the call. A live and archived webcast of the conference call will be accessible on the "Investor Relations" section of the Company's website at www.verusfoods.com.

  • GlobeNewswire

    VERUS INTERNATIONAL ANNOUNCES PROTECTIVE SUPPLY ORDER AND NAMES NEW PRESIDENT OF MEDICAL SUPPLY DIVISION

    Verus International, Inc. (“Verus” or the “Company”) (VRUS)) is pleased to announce this update on its new medical supply division. The Company has finalized its first order, a $820,000 (USD) agreement for disposable medical gowns for a Danish customer. As it is customary with large production orders to receive an upfront deposit of at least 20% of the order total, the Company received a 30% deposit for this order.

  • GlobeNewswire

    VERUS INTERNATIONAL, INC. REPORTS 116% INCREASE IN QUARTERLY REVENUE AND 135% INCREASE IN ANNUAL REVENUE

    Verus International, Inc. (“Verus” or the “Company”) (VRUS)) today announced financial results for its fiscal 2019 fourth quarter and fiscal year ended October 31, 2019. In conjunction with this release, the Company is also providing additional details on its strategy for the upcoming fiscal 2020 financial year. Gross profit margin was 15.2%, approximately 230 basis-points higher than the 12.9% reported in fiscal 2018.

  • GlobeNewswire

    VERUS INTERNATIONAL ACQUIRES CONTROLLING INTEREST IN N95 MASK AND BIOHAZARD SUIT MANUFACTURER

    Verus International, Inc. (“Verus” or the “Company”) (VRUS) is pleased to announce that it has acquired a controlling 51% interest in ZC Top Apparel Manufacturing, Inc. (“ZC Top”), a Philippines-based maker of reusable N95 fabric masks and biohazard suits. ZC Top produces a highly sought-after, premium mask that is N95 compliant and constructed of a washable shell and a multi-layer filter than can provide protection for three days before replacement. The multi-layer filter consists of BFE99, PFE99 melt-blown and spun-bond polypropylene, which are the same materials used in medical surgical and N95 disposable masks.

  • GlobeNewswire

    VERUS INTERNATIONAL SCHEDULES FISCAL 2019 FINANCIAL RESULTS CONFERENCE CALL

    Verus International, Inc. (“Verus” or the “Company”) (VRUS) will conduct its Fiscal 2019 financial results conference call on Monday, April 13, 2020 at 4:30 p.m. Eastern Time (1:30 p.m. Pacific Time). The Form 10-K (“10-K”) will be filed with the U.S. Securities and Exchange Commission prior to the call and will also include certain Fiscal 2019 Q4 results (through October 31, 2019). A draft version of the 10-K is under review, however, the Company’s audit firm requires additional time to complete their final review process.

  • GlobeNewswire

    VERUS INTERNATIONAL ANNOUNCES ORDERS WITH HOMEGOODS, WEIS MARKETS AND MAJOR LEAGUE STADIUM STORES

    Verus International, Inc. (“Verus” or the “Company”) (VRUS) is pleased to announce that TJX Companies “TJX” has added HomeGoods stores, which has 716 locations, to its initial order for Major League Baseball (“MLB”) branded candy products from the Company’s Big League Foods (“BLF”) subsidiary. With this add on order, Verus gains its first sales in all three major TJX store brands -- TJ Maxx, Marshalls, and HomeGoods.

  • GlobeNewswire

    VERUS INTERNATIONAL ANNOUNCES FIRST ORDERS WITH MAJOR RETAILERS: TJX COMPANIES AND BIG FIVE SPORTING GOODS

    Verus International, Inc. (“Verus” or the “Company”) (VRUS) is pleased to announce that it has received initial candy orders from new distributors, sporting goods and national chain customers. Verus will now have products covering all 30 Major League Baseball (“MLB”) teams, with the potential to have a presence in every major U.S. market by mid-2020.

  • GlobeNewswire

    VERUS INTERNATIONAL PROVIDES OPERATIONAL UPDATE

    Verus International, Inc. (“Verus” or the “Company”) (VRUS) is providing the following operational update as part of a plan to issue updates during the period leading up to the completion of the delayed fiscal 2019 Form 10-K, and subsequent filing of the fiscal 2020 Q1 Form 10-Q, which is due March 16, 2020. When the Company decided to switch to a larger audit firm, it did so with the goal to engage a much larger audit firm to improve its standing before up-listing to a national exchange. Instead of being a bridge to greater institutional cache, the move to a top ten national audit firm proved to be overwhelming on multiple levels, particularly in terms of the unresolved discussions.

  • GlobeNewswire

    VERUS INTERNATIONAL ENGAGES TOP TEN NATIONAL PUBLIC ACCOUNTING FIRM

    Verus International, Inc. (“Verus” or the “Company”) (VRUS) announced today that it has engaged CBIZ Mayer Hoffman McCann, LLC (“CBIZ MHM”) as the Company’s new independent registered public accounting firm. Mayer Hoffman McCann P.C. (“MHM”) will provide all attest services, including audit and review services, and CBIZ will provide all non-attest services, including consulting, tax, and advisory services. CBIZ MHM is the financial services division of CBIZ, Inc., and is one of the top ten accounting providers in the United States with over 2,000 professionals nationwide in over 30 offices.

  • GlobeNewswire

    VERUS INTERNATIONAL TO OPEN FIRST MANUFACTURING FACILTIY

    Verus International, Inc. (“Verus” or the “Company”) (VRUS) announced today that it is completing a 10,000 square foot manufacturing facility located in Houston, Texas. “Success Labs represents a major milestone for our company and is part of our goal to become more vertically integrated when in-house processing makes sense,” explained Verus CEO Anshu Bhatnagar. Equipment installation is already underway and the facility is expected to become operational during early calendar year 2020, just in time for the spring MLB selling season.

  • GlobeNewswire

    VERUS INTERNATIONAL, INC. TO PRESENT AT THE 12th ANNUAL LD MICRO MAIN EVENT INVESTOR CONFERENCE ON DECEMBER 10, 2019

    Verus International, Inc. (“Verus” or the “Company”) (VRUS) will present at the 12th Annual LD Micro Main Event Investor Conference taking place at the Luxe Sunset Boulevard Hotel in Los Angeles, CA. The Company is scheduled to present on Tuesday, December 10, 2019, at 1:40 p.m. Pacific Time. CEO Anshu Bhatnagar and CFO Chris Cutchens will present the Company and will be available for one-on-one meetings for two days, Tuesday, December 10, 2019 and Wednesday, December 11, 2019.

  • GlobeNewswire

    VERUS INTERNATIONAL, INC. TO PRESENT AT NATIONAL INVESTMENT BANKING ASSOCIATION CONFERENCE IN NYC ON NOVEMBER 13, 2019

    Verus International, Inc. (“Verus” or the “Company”) (VRUS) will present at the National Investment Banking Association (NIBA) Conference in New York City today at 9:50 a.m. Eastern Time. The NIBA conference is a two-day event running from November 12-13, 2019 at The Westin New York at Times Square in New York, NY. Verus will be represented by its executive team who will be available for one-on-meetings with interested investors.

  • GlobeNewswire

    VERUS INTERNATIONAL ACQUIRES A CONTROLLING INTEREST IN NUTRIBRANDS – ENTERS SOUTH AMERICAN MARKET

    Verus International, Inc. (“Verus” or the “Company”) (VRUS) today announced that it has acquired a controlling interest in Nutribrands, LLC (“Nutribrands”), a Brazil-based health and nutrition company that owns, imports, and distributes more than 150 trademarked “Made in USA” products for the Brazilian market. Founded in 2004, Nutribrands has established a strong geographical presence in the sports nutrition, energy, vitamin supplement, and fat reduction categories. Nutribrands’ product mix includes the Arnold Nutrition and 16 other brands in the sports nutrition and body building space; gourmet protein bars; a complete line of nutraceuticals, vitamins and functional oils sold under the VitaVale brand; and the Lean-Slim line in diet and weight loss.

  • GlobeNewswire

    VERUS INTERNATIONAL, INC. NAMES GENERAL COUNSEL

    Verus International, Inc. (“Verus” or the “Company”) (VRUS) today announced that it has named industry veteran Michael McGowan to the role of General Counsel. Michael brings more than 25 years of experience to this new position at Verus. Previously, he served as a corporate consultant to Neustar, which was publicly traded until it was acquired for approximately $2.9 billion and taken private in August 2017.

  • GlobeNewswire

    VERUS INTERNATIONAL, INC. REPORTS 154% INCREASE IN QUARTERLY REVENUE; FORECASTS CONTINUED TRIPLE-DIGIT GROWTH

    Verus International, Inc. (“Verus” or the “Company”) today announced financial results for its fiscal 2019, third quarter ended July 31, 2019. In conjunction with this release, the Company is also providing additional details on its strategy for the remainder of fiscal 2019. The Company’s gross margin was approximately 14%.

  • GlobeNewswire

    VERUS INTERNATIONAL SCHEDULES THIRD QUARTER FISCAL 2019 FINANCIAL RESULTS CONFERENCE CALL

    Verus International, Inc. (“Verus” or the “Company”) (VRUS) will hold its third quarter 2019 Financial Results and Corporate Update Conference Call on Tuesday, September 10, 2019 at 4:30 p.m. Eastern Time (1:30 p.m. Pacific Time). The Company will release its third quarter 2019 financial results prior to the call. The conference call and live webcast will be open to analysts and investors and will cover both the financial results for the quarter and nine-months ended July 31, 2019 and the business plan going forward.

  • GlobeNewswire

    VERUS INTERNATIONAL ACQUIRES UAE-BASED FRENCH FRY OPERATION

    Verus International, Inc. (“Verus” or the “Company”) (VRUS) is pleased to announce that it has entered into an Asset Purchase Agreement to acquire the french fry operations (the “Acquired Assets”) of an established supplier operating in the Middle East. The consideration to be paid for the Acquired Assets will be equivalent to 2,000,000 United Arab Emirates Dirham ($544,477 USD) in cash, plus assumption of certain liabilities. The Company expects the acquisition will begin contributing to revenue within 30 days through existing sales relationships and believes this acquisition will give it an established presence in an important frozen food category in its existing hotel, restaurant and similar markets.

  • GlobeNewswire

    VERUS INTERNATIONAL SIGNS $13.5 MILLION CREDIT INSURANCE POLICY; SELLS OUT FIRST RUN OF MLB ICE CREAM

    Verus International, Inc. (“Verus” or the “Company”) (VRUS) is pleased to announce that it has procured $13.5 million in credit insurance from Euler Hermes, the global leader in trade credit insurance, surety, and related risk services. Credit insurance coverage protects businesses from non-payment of commercial debt and removes a key element of trade risk by guaranteeing that all qualified invoices are paid. “Euler Hermes has been in business for more than 100 years and operates in 56 countries, so credit insurance bearing their name carries enormous weight with suppliers throughout the world,” explained CEO Anshu Bhatnagar.