VREXVarex Imaging Corp
Electronic Components, NEC
- Revenue
- $845M
- 4.1% YoY
- Operating margin
- -3.3%
- 183% YoY
- EBITDA
- −$5M
- 109% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- —
- $247M net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear—Cash flow under 80% of net income
- Dilutive SBCClear2% of revenueOver 10% of revenue
- Payouts exceed cash flowClear0% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear18% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $818M | $859M | $893M | $811M | $845M | 4.1% |
| Operating income | $74M | $88M | $77M | $32M | −$28M | 187% |
| Net income | $17M | $30M | $47M | −$49M | −$70M | 44% |
| Operating cash flow | $93M | $17M | $108M | $47M | $42M | 12% |
| Capex | $15M | $21M | $21M | $27M | $23M | 15% |
| Stock-based comp | $14M | $14M | $14M | $15M | $15M | 2.0% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $0 · 0
- Open-market sells, 12 mo
- $3M · 2
- Net
- −$3M
Pay vs performance
No pay-versus-performance disclosure yet.