WinstonWınston
Stock

Vantage

VNTG
11
Marine Shipping · Industrials
Price
$0.67
+0.09 (+14.80%)
pre-market:$0.63-6.22%
Market Cap
$21.3M
Exchange
New York Stock Exchange Arca
Winston Score
11
Winston is worried
Weak fundamentals across most pillars.
Based on the IPO prospectus (annual filing). This score will refine automatically once the company reports its first quarters.
Data as of Sep 22, 2026 · filings through Mar 31, 2026

§How the score breaks down

Quality
Weak
Growth
Weak
Cash Flow
Weak
Stability
Good
Valuation
Data not available

Share count rising — dilution

+10.7% over 2y

The company has issued more shares over this period, which dilutes each existing shareholder’s stake.

Diluted shares outstanding: 28.0M (2024) → 31.0M (2026)

§Winston Score History

The full picture

Vantage Corp is a small marine shipping company that provides ocean transportation services for cargo. It operates vessels that carry goods across international waters, serving businesses that need to move products between ports. The company is a micro-cap player in the global shipping industry, competing against much larger carriers.

Vantage generates revenue by charging fees for transporting cargo on its ships, with rates influenced by global trade volumes and freight market conditions. The company operates internationally, though its very small size limits its scale and bargaining power compared to major shipping lines. With operating margins near breakeven and minimal return on invested capital, the key challenge for Vantage is achieving consistent profitability in a cyclical industry where freight rates can swing dramatically based on supply and demand.

Growth Profile

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

-0.3% YoY

Revenue declining

EPS Growth

-229.9% YoY

Earnings declining

R&D Spend

$0/ year

0.0% of revenue

Below sector average (4%)

Research and development spending

Insider Activity

0.0%ownership

Relatively low insider ownership

Cash Position

Cash flow positive

$9M cash & investments

Company generates more cash than it spends — no dilution risk from fundraising

Revenue declining

Vantage's revenue is actually shrinking. In a growth stock, that removes the core investment thesis. The low Winston Score here may be warranted — unless there's a turnaround story.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

Every number that matters to educated investors.

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Quality

Profit per sale
Gross Margin
38.2%
Modest — 38.2% gross margin
Profit after running costs
Operating Margin
-4.2%
Losing money on operations — -4.2%
Return on the money invested
ROCE
-7.7%
Weak — -7.7% return on capital

Negative ROIC means the business is losing money on every dollar invested in it.

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Growth

Sales growth
Sales YoY
-4.4%
Shrinking sales (-4.4% YoY)
Profit growth
EPS YoY
N/A
Data not available
How steady the profit is
EPS Consistency
N/A
Data not available

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Cash Flow

Profit that turns into cash
Cash Conversion
N/A
Data not available
Spare cash per sale
FCF Margin
-26.1%
Burning cash (-26.1%)

Free cash flow is negative. They are burning cash, not generating it.

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Stability

What it owes vs what it owns
Debt / Equity
0.11
Conservative — low debt load (0.11)
Covers its interest
Interest Cover
N/A
Data not available

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Valuation

Price vs profit
P/E Ratio (TTM)
N/M
Negative earnings — P/E not meaningful
Cheaper or dearer next year
P/E vs Forward
N/A
not available
Data not available

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Dividends

Not applicable for this business.
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