# VULCAN INFRASTRUCTURE AND POWER INC. (VIP) · Edgar & Edgarette company card

> Vulcan Infrastructure And Power (VIP) saw revenue fall 1.3% in FY2025 to $59 million, operating margin -6.5%, in line with the -6.4% median for finance services, equity -86.5% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 1844971 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/VIP) · [JSON](https://www.pops4.com/boards/company/VIP.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $59M |
| Revenue growth, 1 year | -1.3% |
| Revenue growth per year | -11.8% |
| Operating margin | -6.5% (prior year -19.2%) |
| Net margin | 9.0% |
| Operating cash flow | −$15M |
| Capital spending | — |
| Free cash flow | — |
| Cash | $20M |
| Long-term debt | $43M |
| Total assets | $54M |
| Total equity | −$46M |
| Equity ÷ assets | -86.5% |
| Return on equity | — |
| Dividend per share | — |
| Dividend years rising | — |

## Readings, computed from those figures

- Piotroski F: 4 of 9 (middling)
- Health Harbor boat: Rotting at the dock · four or more warning signs · liabilities exceed assets (often from years of share buybacks, not always distress); operating cash flow was negative; operating loss: a margin of -6.5% in FY2025; revenue is hard to predict: its 80% range is ±31%
- Cash Compass: In between · no clear cash pattern yet

## Edgarette's reading

Exposure: revenue $58.8M (FY2025), total debt $43.1M. Experience: revenue down 1.3% on the year, down 11.8% a year over 4 years; operating margin -6.5%, up from -19.2%. Soundness: equity -86.5% of assets (liabilities exceed assets). Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $38.2M and $73.0M next year (method v4.1: its own 4-year record of growth weighed at 50% against $50M–100M filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $39.1M to $71.4M. A statistical range, not company guidance. Against peers (36 filers, $50M+ revenue, finance services): operating margin -6.5% against a -6.4% median; growth -1.3% against 16.8%.

Range logged 2026-09-30, receipt 851a8ad8427ed8a5, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 3.01 Exchange listing notice or transfer: 1, latest 2026-05-01 ([filing](https://www.sec.gov/Archives/edgar/data/1844971/000162828026029106/0001628280-26-029106-index.htm))
- Item 5.02 Director or officer change: 6, latest 2026-09-10 ([filing](https://www.sec.gov/Archives/edgar/data/1844971/000119380526001214/0001193805-26-001214-index.htm))

## Recent filings

- 8-K · filed 2026-10-13 · 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1844971/000162828026065739/0001628280-26-065739-index.htm)
- 8-K · filed 2026-10-05 · 2.02 Results of Operations and Financial Condition; 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1844971/000162828026064758/0001628280-26-064758-index.htm)
- 8-K · filed 2026-09-29 · 1.01 Entry into a Material Definitive Agreement; 2.03 Creation of a Direct Financial Obligation; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1844971/000162828026063839/0001628280-26-063839-index.htm)
- 8-K · filed 2026-09-10 · 1.01 Entry into a Material Definitive Agreement; 2.03 Creation of a Direct Financial Obligation; 3.02 Unregistered Sales of Equity Securities; 5.02 Departure or Election of Directors; Appointment of Officers; 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1844971/000119380526001214/0001193805-26-001214-index.htm)
- 8-K · filed 2026-08-17 · 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1844971/000162828026057243/0001628280-26-057243-index.htm)
- 10-Q · filed 2026-08-14 · [filing](https://www.sec.gov/Archives/edgar/data/1844971/000162828026057159/0001628280-26-057159-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001844971.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1844971

## Cite

POPS4, Edgar & Edgarette: VULCAN INFRASTRUCTURE AND POWER INC. (VIP) company card, from the company's own SEC filings, accessed 2026-11-14, https://www.pops4.com/boards/company/VIP. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.