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Versant Media Group, Inc. VSNT Equity Securities Without Readily Determinable Fair Value

Equity Securities Without Readily Determinable Fair Value at other companies

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Other financials

Income statement

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Revenue$1.7B-1.1%
Gross profit$1.0B-0.3%
Operating income$442.0M-11.4%
Net income$286.0M-22.1%
EPS (diluted)$1.99-22.0%

Balance sheet

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Cash & equivalents$1.2B+23,820%
Total debt$3.0B
Total equity$8.0B-25.9%
Total assets$12.5B

Cash flow

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Operating cash flow$585.0M+22.4%
CapEx$27.0M+28.6%
Free cash flow$558.0M+22.1%

Valuation

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Market cap$5.41B+3.2%
Enterprise value$7.16B
P/E4.1×
P/S0.8×

Profitability

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Gross margin57.8%+0.5pp
Operating margin26.8%-0.5pp
Net margin19.8%-0.5pp
FCF margin29.6%-1.9pp

Returns & leverage

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Return on equity12.1%
Debt / equity0.4×
Current ratio2.3×

Where this comes from

Reported directly by Versant Media Group, Inc. in its filing.

Tagged under the XBRL concept us-gaap:EquitySecuritiesWithoutReadilyDeterminableFairValueDownwardPriceAdjustmentCumulativeAmount.

The source filing: Versant Media Group, Inc.’s 10-K, filed March 3, 2026.

Filed
Mar 2, 2026, 7:00 PM EST
Fiscal year
FY2025
Accession
0002067876-26-000010

Our investments are accounted for as nonmarketable equity securities. During the year ended December 31, 2025, we recorded an unrealized impairment loss of $40 million for one of our investments. The estimated fair value of $94 million was determined based on an analysis that leveraged multiples of earnings from comparable public companies, which are Level 2 inputs. The cumulative amount of downward adjustments to our nonmarketable equity securities totaled $102 million for investments that continue to be held as of December 31, 2025.

Item 8. Financial Statements and Supplementary Data

FAQ

What is Versant Media Group, Inc.'s equity securities without readily determinable fair value?
Versant Media Group, Inc. (VSNT) reported equity securities without readily determinable fair value of $102M in Q4 2025.
What does equity securities without readily determinable fair value mean?
The carrying value of investments in equity securities for which a readily determinable market price is unavailable. These assets are typically held at cost, adjusted for impairments and observable price changes. This metric provides insight into the company's strategic minority investments and non-core asset holdings.

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