What does increase decrease in gift card liabilities mean?

This represents the net change in deferred revenue associated with unredeemed gift cards or stored-value products sold to customers. An increase indicates cash collected in advance of service delivery, while a decrease reflects the recognition of revenue upon redemption. It serves as a proxy for customer engagement and future revenue potential.

Virtuix Holdings Inc. VTIX Increase Decrease In Gift Card Liabilities

Increase Decrease In Gift Card Liabilities at other companies

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Other financials

Income statement

See full

Revenue$1.3M-14.0%

Gross profit$173.6K—

Operating income-$4.9M-98.1%

Net income-$9.9M-277%

EPS (diluted)-$0.39-21.9%

Balance sheet

See full

Cash & equivalents$9.5M+1,882%

Total debt$3.2M+273%

Total equity$3.0M+484%

Total assets$14.8M+156%

Cash flow

See full

Operating cash flow-$4.0M-156%

Valuation

See full

Market cap$100.34M-69.9%

Enterprise value$94.08M—

P/S20.2×—

Profitability

See full

Gross margin11.5%—

Operating margin-221.9%—

Net margin-337.4%—

Returns & leverage

See full

Return on equity-1,490.6%—

Debt / equity1.1×—

Current ratio1.4×+1.0×

Where this comes from

Reported directly by Virtuix Holdings Inc. in its filing.

Tagged under the XBRL concept vtix:IncreaseDecreaseInGiftCardLiabilities.

The official record: Virtuix Holdings Inc. ’s 10-K, filed June 25, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Virtuix Holdings Inc. 's increase decrease in gift card liabilities?: Virtuix Holdings Inc. (VTIX) reported increase decrease in gift card liabilities of $111.56K in Q1 2026.
What does increase decrease in gift card liabilities mean?: This represents the net change in deferred revenue associated with unredeemed gift cards or stored-value products sold to customers. An increase indicates cash collected in advance of service delivery, while a decrease reflects the recognition of revenue upon redemption. It serves as a proxy for customer engagement and future revenue potential.