Financial Statements

Virgin Galactic Holdings, Inc. (SPCE)

$1.69

-0.05 (-2.87%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands , Years are calendar years not fiscal years

Retained Earning Schedule

Year 2023 2022 2021 2020 2019
Retained Earnings (Previous Year) -1,624-1,124-395-122-
Net Income -502-500-353-273-211
Stock Dividends -4-3535137
Dividend Paid --4-23-5-48
Retained Earnings -2,126-1,624-1,124-395-122

PPE Schedule

Year 2023 2022 2021 2020 2019
Gross PPE 54477366-
Annual Depreciation 8423-212486
Capital Expenditure -44-16-5-17-19
Net PPE 9454477366

Intangible and Goodwill Schedule

Year 2023 2022 2021 2020 2019
Intangible and Goodwill (Previous Year) -----
New Purchases ---383-705-1,010
Intangible and Goodwill -----

Virgin Galactic Holdings, Inc. income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes Virgin Galactic Holdings, Inc. FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.