Virgin Galactic Holdings Inc - Class A chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 0.01
Dividend & YieldN/A$ (N/A)
Beta 1.45
Market capitalization 1.54B
Operating cash flow -380.24M
ESG Scores unknown

Company description

Virgin Galactic Holdings, Inc. focuses on the development, manufacture, and operation of spaceships and related technologies for conducting commercial human spaceflight and flying commercial research and development payloads into space. It is also involved in the ground and flight testing, and post-flight maintenance of its spaceflight system vehicles. The company serves private individuals, researchers, and government agencies. Virgin Galactic Holdings, Inc. was founded in 2017 is headquartered in Las Cruces, New Mexico.

Sector: Industrials - Industry: Aerospace & Defense

Financial data

Financial Statements

Cashflow Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Change To Liabilities 2.16M -1.16M 15.59M 46.94M
Total Cashflows From Investing Activities -13.86M -17.2M -387.52M -286.17M
Net Borrowings -104k -433k -450k 424.46M
Total Cash From Financing Activities 634.32M 436.59M 489.36M 459M
Change To Operating Activities -745k -535k -2.25M -2.25M
Issuance Of Stock 682.43M 462.78M 519.98M 103.38M
Net Income -215.12M -644.89M -352.9M -500.15M
Change In Cash 411.35M 186.23M -128.93M -207.4M
Effect Of Exchange Rate
Total Cash From Operating Activities -209.11M -233.16M -230.76M -380.24M
Depreciation 6.2M 8.48M 9.82M 9M
Change To Account Receivables
Other Cashflows From Financing Activities -48.01M -20.99M -6.77M -64.84M
Change To Netincome 6.16M 402.27M 96.47M 56.51M
Capital Expenditures -13.86M -17.2M -4.63M -16.49M

Income Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Research Development 132.87M 154.37M 144.22M 314.17M
Income Before Tax -215.05M -644.88M -352.82M -499.55M
Net Income -215.12M -644.89M -352.9M -500.15M
Selling General Administrative 82.17M 111.2M 166.81M 175.12M
Gross Profit 1.78M 65k 3.02M 406k
Ebit -213.26M -275.28M -319.54M -499.98M
Operating Income -213.26M -275.28M -319.54M -499.98M
Interest Expense -36k -36k -25k -12.13M
Income Tax Expense 62k 6k 79k 598k
Total Revenue 3.78M 238k 3.29M 2.31M
Cost Of Revenue 2M 173k 272k 1.91M
Total Other Income ExpenseNet -1.79M -369.6M -33.28M 430k
Net Income From Continuing Ops -215.12M -644.89M -352.9M -500.15M
Net Income Applicable To Common Shares -215.12M -644.89M -352.9M -500.15M

Balance Sheet Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Total Liabilities 262.32M 276.91M 174.57M 659.72M
Total Stockholder Equity 343.23M 527.08M 894.26M 480.22M
Other Current Liabilities 83.36M 83.35M 91.3M 102.86M
Total Assets 605.55M 803.99M 1.07B 1.14B
Common Stock 20k 23k 26k 28k
Other Current Assets 12.28M 13.03M 25.55M 40.34M
Retained Earnings -125.86M -770.74M -1.12B -1.62B
Treasury Stock 59k 5k -1.87M -7.33M
Cash 480.44M 665.92M 524.48M 302.29M
Total Current Liabilities 115.84M 115.02M 131.52M 184.05M
Other Stockholder Equity 59k 5k -1.87M -7.33M
Property, Plant, and Equipment 61.22M 72.7M 82.98M 102.12M
Total Current Assets 541.71M 727.93M 678.59M 1B
Net Tangible Assets 343.23M 527.08M 894.26M 480.22M
Net Receivables 461k 2.3M 4.5M
Accounts Payable 7.04M 6M 9.24M 16.33M


Insider Transactions

Here are the insider transactions of stock shares related to Virgin Galactic Holdings Inc - Class A:

Filer Name Transaction Text Ownership Date Filer Relation Shares
KIM SARAH EStock Award(Grant) at price 0.00 per share.D2022-12-05Officer237.47k
JONAS TINA WStock Award(Grant) at price 0.00 per share.D2022-06-09Director18.66k
MATTSON GEORGE NStock Award(Grant) at price 0.00 per share.D2022-06-09Director18.66k
BAIN ADAMStock Award(Grant) at price 0.00 per share.D2022-06-09Director18.66k
WEST WAYNE GILBERTStock Award(Grant) at price 0.00 per share.D2022-06-09Director18.66k
AUSTIN WANDA MStock Award(Grant) at price 0.00 per share.D2022-06-09Director18.66k
KREEGER CRAIG SStock Award(Grant) at price 0.00 per share.D2022-06-09Director18.66k
SIGUR WANDA AStock Award(Grant) at price 0.00 per share.D2022-06-09Director18.66k
COLGLAZIER MICHAEL AStock Award(Grant) at price 0.00 per share.D2022-03-17Chief Executive Officer82.12k
AHRENS DOUGLAS TStock Award(Grant) at price 0.00 per share.D2022-03-16Chief Financial Officer271.64k
AHRENS DOUGLAS TStock Award(Grant) at price 0.00 per share.D2022-03-16Chief Financial Officer53.15k
KLEY MICHELLEStock Award(Grant) at price 0.00 per share.D2022-03-16Officer115.9k
KLEY MICHELLEStock Award(Grant) at price 0.00 per share.D2022-03-16Officer22.68k
VIRGIN INVESTMENTS LTDSale at price 19.25 per share.I2021-11-10Beneficial Owner of more than 10% of a Class of Security15.6M
JONAS TINA WStock Award(Grant) at price 0.00 per share.D2021-08-25Director4.76k
WEST WAYNE GILBERTStock Award(Grant) at price 0.00 per share.D2021-08-25Director4.76k
AUSTIN WANDA MStock Award(Grant) at price 0.00 per share.D2021-08-25Director4.76k
KREEGER CRAIG SStock Award(Grant) at price 0.00 per share.D2021-08-25Director4.76k
VIRGIN INVESTMENTS LTDSale at price 25.76 - 34.39 per share.I2021-08-12Beneficial Owner of more than 10% of a Class of Security10.42M
JONAS TINA WStock Award(Grant) at price 0.00 per share.D2021-06-10Director4.24k
VIRGIN INVESTMENTS LTDSale at price 26.82 - 28.73 per share.I2021-04-14Beneficial Owner of more than 10% of a Class of Security5.58M
COLGLAZIER MICHAEL AStock Award(Grant) at price 0.00 per share.D2021-03-24Chief Executive Officer130.21k
IYER SWAMINATHAN B.Stock Award(Grant) at price 0.00 per share.D2021-03-22Officer96.33k
PALIHAPITIYA CHAMATHConversion of Exercise of derivative security at price 31.96 per share.I2021-03-18Director and Beneficial Owner of more than 10% of a Class of Security3.49M
KLEY MICHELLESale at price 30.42 per share.D2021-03-09General Counsel25k
KLEY MICHELLEConversion of Exercise of derivative security at price 7.46 per share.D2021-03-09General Counsel25k
PALIHAPITIYA CHAMATHSale at price 32.29 - 37.89 per share.D2021-03-03Director and Beneficial Owner of more than 10% of a Class of Security6.2M
AHRENS DOUGLAS TStock Award(Grant) at price 0.00 per share.D2021-03-01Chief Financial Officer69.8k
WEST WAYNE GILBERTStock Award(Grant) at price 0.00 per share.D2021-02-23Director3.4k
CAMPAGNA JONATHAN JOSEPHConversion of Exercise of derivative security at price 36.00 per share.D2021-01-25Chief Financial Officer6.37k
RYANS JAMESSale at price 26.43 per share.D2020-12-16Director30k
PALIHAPITIYA CHAMATHSale at price 24.67 - 27.54 per share.D2020-12-15Director and Beneficial Owner of more than 10% of a Class of Security3.8M
COLGLAZIER MICHAEL AStock Award(Grant) at price 0.00 per share.D2020-07-20Chief Executive Officer570k
RYANS JAMESStock Award(Grant) at price 0.00 per share.D2020-06-02Director7.9k
KREEGER CRAIG SStock Award(Grant) at price 0.00 per share.D2020-06-02Director7.9k
VIECO 10 LTDSale at price 16.24 per share.I2020-06-02Beneficial Owner of more than 10% of a Class of Security170k
VIECO 10 LTDSale at price 16.09 - 16.17 per share.I2020-05-19Beneficial Owner of more than 10% of a Class of Security1.77M
VIECO 10 LTDSale at price 15.92 - 15.99 per share.I2020-05-15Beneficial Owner of more than 10% of a Class of Security2.58M
PALERMO ENRICO LIBERATOPurchase at price 19.39 - 19.42 per share.D/I2020-05-11Chief Operating Officer300
KREEGER CRAIG SStock Award(Grant) at price 0.00 per share.D2019-12-30Director25.45k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Virgin Galactic Holdings Inc - Class A. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Virgin Galactic Holdings Inc - Class A

Here is the result of two systematic investment strategies applied to Virgin Galactic Holdings Inc - Class A. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Virgin Galactic Holdings Inc - Class A

The following chart shows the equity curve of the two systematic investment strategies applied to Virgin Galactic Holdings Inc - Class A:

Virgin Galactic Holdings Inc - Class A automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 86.91% on the backtest period.

Performance at glance

Performance

86.91 %

Latent gain

1944.36 $

Invested capital

2237.32 $

Annualized return

20.99 %
Build your Trading System
Automated Trading using Prorealtime ebook

Momentum strategy results on Virgin Galactic Holdings Inc - Class A

This is the result of two momentum investment strategies applied to Virgin Galactic Holdings Inc - Class A. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Virgin Galactic Holdings Inc - Class A

The following chart shows all the entries opened by the momentum investment system on Virgin Galactic Holdings Inc - Class A:

Virgin Galactic Holdings Inc - Class A momentum entries
  • The first momentum investment strategy would give 111.74% of return on Virgin Galactic Holdings Inc - Class A. That represents 5008.09$ of latent gain with 4482.07$ of employed capital.
  • The second momentum investment strategy would give 90.8% of return on Virgin Galactic Holdings Inc - Class A. That represents 3157.83$ of latent gain with 3477.77$ of employed capital.
Performance at glance (1Q Momentum)

Performance

111.74 %

Latent gain

5008.09 $

Invested capital

4482.07 $

Annualized return

17.39 %
Performance at glance (2Q Momentum)

Performance

90.8 %

Latent gain

3157.83 $

Invested capital

3477.77 $

Annualized return

24.81 %

Momentum equity curve on Virgin Galactic Holdings Inc - Class A

The following chart shows the equity curve of the two momentum strategies applied to Virgin Galactic Holdings Inc - Class A:

Virgin Galactic Holdings Inc - Class A momentum equity

Note: the dividends potentially given by Virgin Galactic Holdings Inc - Class A are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Virgin Galactic Holdings Inc - Class A

The following chart shows the employed capital evolution of the two momentum strategies on Virgin Galactic Holdings Inc - Class A since the beginning:

Virgin Galactic Holdings Inc - Class A

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Virgin Galactic Holdings Inc - Class A

Buy the dip entry openings on Virgin Galactic Holdings Inc - Class A

Virgin Galactic Holdings Inc - Class A

The performance achieved by the robo-advisor on Virgin Galactic Holdings Inc - Class A is 37.22%. That represents 183.38$ of latent gain with 492.7$ of employed capital. The following chart shows Virgin Galactic Holdings Inc - Class A stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Virgin Galactic Holdings Inc - Class A, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

37.22 %

Latent gain

183.38 $

Invested capital

492.7 $

Annualized return

17.39 %

Equity curve of the strategy applied to Virgin Galactic Holdings Inc - Class A

The following chart shows the result of the investment strategy applied to Virgin Galactic Holdings Inc - Class A:

Virgin Galactic Holdings Inc - Class A

Note: the dividends potentially given by Virgin Galactic Holdings Inc - Class A are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Virgin Galactic Holdings Inc - Class A

The following chart shows the employed capital evolution since the beginning of the investment strategy on Virgin Galactic Holdings Inc - Class A:

Virgin Galactic Holdings Inc - Class A

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Virgin Galactic Holdings Inc - Class A

In this section, I will compare the three previous investment strategies applied to Virgin Galactic Holdings Inc - Class A.

Equity curve comparison on Virgin Galactic Holdings Inc - Class A

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Virgin Galactic Holdings Inc - Class A investment strategy comparison

Employed capital comparison on Virgin Galactic Holdings Inc - Class A

Virgin Galactic Holdings Inc - Class A investment comparison

Performance comparison on Virgin Galactic Holdings Inc - Class A

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 86.91% 1944.36$ 2237.32$ 20.99%
Momentum 1 quarter 111.74% 5008.09$ 4482.07$ 28.65%
Momentum 2 quarters 90.8% 3157.83$ 3477.77$ 24.81%
Non-directional 37.22% 183.38$ 492.7$ 17.39%
Annualized return comparison

Automatic investment

20.99 %

Momentum 1Q

24.81 %

Momentum 2Q

24.81 %

Non-directional

17.39 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Virgin Galactic Holdings Inc - Class A:

Positive correlations

Most correlated stocks this year

  • Virgin Galactic Holdings Inc - Class A

  • Most correlated stocks last 3 months

  • Soligenix Inc
  • FUJIKON IND
  • Virgin Galactic Holdings Inc - Class A
  • Avangrid Inc

  • Negative correlation

    Most negatively correlated stocks this year


    Most negatively correlated stocks last 3 months


    Note: The algorithm computes the probability of correlation between Virgin Galactic Holdings Inc - Class A and the other stocks. There may be false positives or some missing correlated stocks. If the price of Virgin Galactic Holdings Inc - Class A does not vary for 36 weeks, the correlation calculation result will be wrong.


    Company information

    Company name Virgin Galactic Holdings Inc - Class A
    Country United States
    City Tustin
    Address 1700 Flight Way
    Phone 949 774 7640
    Website www.virgingalactic.com
    FullTime employees
    Industry Aerospace & Defense
    Sector Industrials
    Exchange XNYS
    Ticker SPCE
    Market www.nyse.com

    Virgin Galactic Holdings Inc - Class A ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 0
    Peer Environment Performance unknown
    Environment Percentile unknown
    Palm Oil unknown
    Nuclear unknown
    Fur Leather unknown
    GMO unknown
    Coal unknown
    Pesticides unknown
    Animal Testing unknown

    Social scores

    Social ESG Factors Scores
    Social Score 0
    Peer Social Performance unknown
    Social Percentile unknown
    Highest Controversy unknown
    Peer Highest Controversy Performance unknown
    Adult unknown
    Gambling unknown
    Alcoholic unknown
    Tobacco unknown
    Catholic unknown
    Controversial Weapons unknown
    Small Arms unknown
    Military Contract unknown
    Peer Count unknown

    Related Controversy:


    Governance scores

    Governance ESG Factors Scores
    Governance Score 0
    Peer Governance Performance unknown
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: unknown
    Environment Score: 0
    Social Score: 0
    Governance Score: 0

    ESG Performance: unknown

    Peer Group: unknown

    Peer Esg Score Performance: unknown

    Rating Year: unknown

    Rating Month: unknown

    Max Age: unknown

    Percentile: unknown