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Victory Commercial Management

VCM is a Nevada corporation that operates through its subsidiaries VCI and Sino Pride to control two joint ventures formed under the laws of the PRC. DVPD is a joint venture formed under the laws of the PRC (80% equity interest owned by Sino Pride). DVBM is a joint venture formed under the laws of PRC. DVBM is 95% owned by Sino Pride and 5% owned by DVPD. DVPM is a PRC entity 100% owned by Sino Pride. The Company primarily engages in the business of commercial real estate lease and management with a multi-functional shopping center in Dalian, Liaoning Province of China. DVBM focuses on providing day-to-day management operations of Victory Plaza which is to be renovated pursuant to the Company’s business plan. DVPM is recently formed as a property management company and will play a similar role as DVBM to improve the management of Victory Plaza. DVPD is focused on rental income. The Victory Plaza after renovation is expected to offer multiple services including but not limited to shopping, entertainment, restaurants, and a social and recreation environment.

Company profile

Employees
Incorporated
Location
Fiscal year end
SEC CIK
IRS number
371865646

Calendar

31 Mar 21
20 Oct 21
31 Dec 21
Quarter (USD)
Sep 20 Jun 20 Mar 20 Sep 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD)
Dec 19 Dec 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Cash burn rate (estimated) Burn method: Change in cash Burn method: Operating income/loss Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 143.49K 143.49K 143.49K 143.49K 143.49K 143.49K
Cash burn (monthly) 19.99K 12.91K 485.31K 691.01K (positive/no burn) (positive/no burn)
Cash used (since last report) 253.6K 163.72K 6.16M 8.77M n/a n/a
Cash remaining -110.11K -20.24K -6.01M -8.62M n/a n/a
Runway (months of cash) -5.5 -1.6 -12.4 -12.5 n/a n/a

Beta Read what these cash burn values mean

Financial report summary

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Management Discussion
  • Comparison of Results of Operations for the Years Ended December 31, 2019 and 2018.
Content analysis
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Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. sophomore Avg
New words: CEO, Concurrently, contemplating, deb, eligible, foregoing, forgivable, forma, NRS, permanent, personal, pro, promulgated, purpose, SBA, smaller, SP, substitute, suitable, thereunder, turn
Removed: accrue, amounting, applied, principle, retail, retrospectively