VRVR (Virtual Interactive Technologies) Shares Outstanding (Basic Average): 8.25 Mil (As of Jun. 2024)


VRVR Virtual Interactive Technologies Corp VRVR
12 GF Score
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What is Virtual Interactive Technologies Shares Outstanding (Basic Average)?

Virtual Interactive Technologies VRVR 12 Shares Outstanding (Basic Average) is 8.25 Mil as of Jun. 2024. GuruFocus rates VRVR with a GF Score™ of 12/100.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Virtual Interactive Technologies's average basic shares outstanding for the quarter that ended in Jun. 2024 was 8.25 Mil.

Virtual Interactive Technologies  (OTCPK:VRVR) Shares Outstanding (Basic Average) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.

Be Aware

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.

Virtual Interactive Technologies Shares Outstanding (Basic Average) Related Terms

Virtual Interactive Technologies Shares Outstanding (Basic Average) Historical Data

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The historical data trend for Virtual Interactive Technologies's Shares Outstanding (Basic Average) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Virtual Interactive Technologies Shares Outstanding (Basic Average) Chart

Virtual Interactive Technologies Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Sep19 Sep20 Sep21 Sep22 Sep23
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.35 6.82 6.82 7.27 8.36

Virtual Interactive Technologies Quarterly Data
Aug19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Shares Outstanding (Basic Average) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.32 8.66 8.25 8.25 8.25
VRVR
12GF Score
Virtual Interactive Technologies Corp VRVR
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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Virtual Interactive Technologies Shares Outstanding (Basic Average) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that exact time point. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (Basic Average) of 8.25 Mil mean?
Virtual Interactive Technologies (VRVR) has a Shares Outstanding (Basic Average) of 8.25 Mil as of Jun. 2024. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Virtual Interactive Technologies and its competitors.
Is Virtual Interactive Technologies' Shares Outstanding (Basic Average) too high?
Virtual Interactive Technologies' current Shares Outstanding (Basic Average) is 8.25 Mil. Overall, Virtual Interactive Technologies has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Virtual Interactive Technologies' Shares Outstanding (Basic Average) compare to FMHS and GROM?
Virtual Interactive Technologies' Shares Outstanding (Basic Average) of 8.25 Mil can be compared against companies in the Interactive Media industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (Basic Average) for an Interactive Media company?
A good Shares Outstanding (Basic Average) depends on the Interactive Media industry context. However, Shares Outstanding (Basic Average) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (Basic Average) mean?
A high Shares Outstanding (Basic Average) can signal that a stock is expensive relative to its fundamentals. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Virtual Interactive Technologies and its competitors. Virtual Interactive Technologies's current Shares Outstanding (Basic Average) is 8.25 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Virtual Interactive Technologies stock overvalued right now?
Virtual Interactive Technologies (VRVR) has a current Shares Outstanding (Basic Average) of 8.25 Mil. The current Shares Outstanding (Basic Average) is 8.25 Mil. Virtual Interactive Technologies' overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (Basic Average) calculated?
Shares Outstanding (Basic Average) is calculated from a company's financial statements. For Virtual Interactive Technologies (VRVR), the current Shares Outstanding (Basic Average) is 8.25 Mil as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Virtual Interactive Technologies Business Description

Address 600 17th Street, Suite 2800 South, Denver, CO, USA, 80202
Virtual Interactive Technologies Corp is a next-generation game and metaverse developer that creates immersion experiences by harnessing the latest technologies, including Blockchain and digital assets. The Company's newly launched brand, Extrosive, is building a metaverse that replaces traditional boring financial experiences with a new paradigm, global Prosperity space (gPs). This new asset class dynamically augments global and local realities and builds communities of aligned financial values, virtuous economies, and a trusted network. The Company also entered into a joint development partnership with Duane Lee Dog Chapman, of the Dog The Bounty Hunter fame, to develop and promote multiple games across several platforms.
12GF Score

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