Virtus Artificial Intelligence & Technology Opportunities Fund (AIO)
The Virtus Artificial Intelligence & Technology Opportunities Fund operates as a diversified, closed-end management investment company. Its core objective is to deliver both consistent income and capital appreciation. The fund achieves this by concentrating on a significant, enduring growth trend in the market: the transformative potential of artificial intelligence and other emerging technologies. It strategically allocates capital across an expanding array of technologies and industries that are leveraging these disruptive innovations. Virtus Investment Advisers, Inc. serves as the primary investment advisor, with Voya Investment Management Co. LLC fulfilling the role of its designated subadvisor.
Industry: Asset Management
Virtus Artificial Intelligence & Technology Opportunities Fund
NYSE:AIOFinancial Services · Asset Management
-0.52%$22.81
AH Close$22.81+0.00%vs close
AH Close$22.81+0.00%vs close
Mkt Cap$785.55M
Float34.44M
O/S34.44M
Inst Own19.4%
SI0.1%
Div Yield13.90%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$150.26M
Net Income$149.46M
Total Assets$1.01B
Free Cash Flow$61.39M
Debt & Equity
Debt 13%
Equity 87%
Total Debt$130M
Total Equity$856.3M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in AIO's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$1.01B
Liabilities$154.32M
Accounts Receivable$15K
Accounts Payable$5.02M
Inventory$0
PP&E (Net)$0
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-01-31 | 2025-01-31 | 2024-01-31 | 2023-01-31 | 2022-01-31 | 2021-02-28 | 2020-02-29 |
| Revenue | $150.26M | $162.39M | $86.11M | -$83.86M | $116.58M | $406.03M | $34.19M |
| YoY Growth | -7.5% | 88.6% | -202.7% | -171.9% | -71.3% | 1087.6% | - |
| Cost of Revenue | $0 | $7.48M | $49.19M | $10.49M | $12.26M | $10.71M | $2.99M |
| Gross Profit | $150.26M | $162.39M | $36.91M | -$94.35M | $104.32M | $395.32M | $31.2M |
| Gross Margin | 100.0% | 100.0% | 42.9% | 112.5% | 89.5% | 97.4% | 91.3% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $1.47M | $1.43M | $1.28M | $1.52M | $0 | $678K | $253K |
| Other | -$747K | -$749K | -$686K | -$881K | -$109.9M | $345K | $7.52M |
| Total Operating Expenses | $726K | $682K | $597K | $635K | -$109.9M | $1.02M | $7.77M |
| Operating Income (EBIT) | $149.53M | $169.14M | $92.94M | -$84.49M | -$5.58M | $405.22M | $7.51M |
| Operating Margin | 99.5% | 104.2% | 107.9% | 100.8% | -4.8% | 99.8% | 22.0% |
| Interest Expense | $0 | $7.48M | $0 | $0 | $0 | $207K | $0 |
| Interest Income | $6.46M | $13.8M | $4.1M | $5.15M | $7.78M | $3.66M | $847K |
| Other Income (Expense) | $0 | -$7.48M | -$7.51M | -$3.43M | -$304K | -$207K | $0 |
| Income Before Tax (EBT) | $149.53M | $161.71M | $85.51M | -$84.49M | -$5.89M | $405.01M | $7.51M |
| Income Tax Expense | $78K | $45K | $80K | $53K | $0 | $22K | $0 |
| Net Income | $149.46M | $161.67M | $85.43M | -$84.55M | -$5.89M | $405.01M | $7.51M |
| Net Income Margin | 99.5% | 99.6% | 99.2% | 100.8% | -5.0% | 99.7% | 22.0% |
| Supplementary Data | |||||||
| EPS | 0.00 | 4.71 | 2.49 | -2.46 | -0.17 | 11.79 | 0.22 |
| Diluted EPS | 0.00 | 4.71 | 2.49 | -2.46 | -0.17 | 11.79 | 0.22 |
| Weighted Average OS | 34.52M | 34.38M | 34.31M | 34.34M | 34.34M | 34.34M | 34.32M |
| EBITDA | $149.53M | $169.14M | $92.94M | -$81.12M | -$5.58M | $405.42M | $7.51M |
| EBITDA Margin | 99.5% | 104.2% | 107.9% | 96.7% | -4.8% | 99.8% | 22.0% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-01-31 | 2025-01-31 | 2024-01-31 | 2023-01-31 | 2022-01-31 | 2021-02-28 | 2020-02-29 |
| Assets | |||||||
| Current Assets | |||||||
| Cash and Cash Equivalents | $25.28M | $20.78M | $20.41M | $100K | $100K | $954 | $919K |
| Short-Term Investments | $0 | $2.5M | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $25.28M | $23.28M | $20.41M | $100K | $100K | $954 | $919K |
| Accounts Receivable | $15K | $5.94M | $2.93M | $2.21M | $2.14M | $3.94M | $27M |
| Inventory | $0 | $0 | $0 | $29.72M | $0 | $36.27M | $58.72M |
| Other Current Assets | $0 | -$5.96M | -$23.34M | -$29.72M | -$50.91M | -$36.27M | -$58.72M |
| Total Current Assets | $25.31M | $23.28M | $20.43M | $2.31M | $2.24M | $3.95M | $27.92M |
| Long-Term Assets | |||||||
| Property, Plant & Equipment Net | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $918.36M | $820.87M | $831.86M | $880.96M | $1.02B | $683.34M |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $985.31M | $924.37M | -$820.87M | -$831.86M | -$880.96M | -$1.02B | -$683.34M |
| Total Long-Term Assets | $985.31M | $918.36M | $823.85M | $831.86M | $880.96M | $1.02B | $683.34M |
| Other Assets | $0 | $3.53M | $844.28M | $64K | $56K | $32.33M | $0 |
| Total Assets | $1.01B | $945.17M | $844.28M | $834.23M | $883.26M | $1.05B | $711.26M |
| Liabilities | |||||||
| Current Liabilities | |||||||
| Accounts Payable | $5.02M | $3.33M | $2.99M | $6.02M | $8.14M | $17.66M | $27.68M |
| Short-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $0 | -$6.72M | $4.06M | -$20M | -$22.16M | -$18.65M | -$28.36M |
| Total Current Liabilities | $24.24M | $6.72M | $6.49M | $6.02M | $8.14M | $17.66M | $27.68M |
| Long-Term Liabilities | |||||||
| Long-Term Debt | $130M | $0 | $132.48M | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $78K | $0 | -$132.48M | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $130.08M | $130.06M | $132.48M | $130M | $8.14M | $30M | $28.44M |
| Other Liabilities | $0 | $136.79M | -$2.43M | $14.09M | $36.49M | $1.62M | -$28.44M |
| Total Liabilities | $154.32M | $136.79M | $136.54M | $150.11M | $52.78M | $49.28M | $27.68M |
| Stockholders' Equity | |||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $0 | $0 | $0 | $0 | $0 | $343 | $343 |
| Retained Earnings | $226.96M | $180.47M | $80.63M | $12.29M | $144.49M | $316.34M | -$3.65M |
| Comprehensive Income & Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | $629.34M | $627.91M | $627.11M | $671.84M | $685.99M | $686.5M | $686.46M |
| Total Equity | $856.3M | $808.38M | $707.74M | $684.12M | $830.48M | $1B | $682.82M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $1.01B | $945.17M | $844.28M | $834.23M | $883.26M | $1.05B | $710.5M |
| Supplementary Data | |||||||
| Total Debt | $130M | $130M | $132.48M | $130M | $30M | $30M | $0 |
| Net Debt | $104.72M | -$20.78M | -$20.41M | $129.9M | $29.9M | $30M | -$919K |
Cash Flow Statement
| Period | FY 2024 | FY 2023 | FY 2022 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD |
| Period Ending | 2025-01-31 | 2024-01-31 | 2023-01-31 | 2021-02-28 | 2020-02-29 |
| Operating Activities | |||||
| Net Income | $161.67M | $85.43M | -$84.55M | $405.01M | $7.51M |
| Depreciation & Amortization | $0 | $0 | $0 | $0 | $0 |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||
| Accounts Receivable | -$3.02M | -$709K | -$1.24M | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $591K | $2.16M | -$2.93M | $0 | $0 |
| Other Working Capital | $231K | -$10.58M | $255K | $0 | $0 |
| Total Working Capital Change | -$2.79M | -$9.13M | -$3.91M | $0 | $0 |
| Other Non-Cash Items | -$97.49M | -$88.11M | $50.27M | -$405.01M | -$7.51M |
| Net Cash from Operating | $61.39M | -$11.81M | -$38.19M | $0 | $0 |
| Investing Activities | |||||
| Capital Expenditures | $0 | $0 | $0 | $0 | $0 |
| Acquisitions | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | -$803.89M | -$576.01M | -$471.35M | $0 | $0 |
| Sales of Investments | $871.03M | $646.14M | $416.63M | $0 | $0 |
| Other Investing Activities | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Investing | $67.15M | $70.13M | -$54.73M | $0 | $0 |
| Financing Activities | |||||
| Debt Repaid | - | - | -$100M | - | - |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | -$61.02M | -$66.97M | -$61.81M | $0 | $0 |
| Other Financing Activities | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Financing | -$61.02M | -$66.97M | $38.19M | $0 | $0 |
| Forex Effect | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $371K | $20.3M | $0 | -$918K | $0 |
| Supplementary Data | |||||
| Operating Cash Flow | $61.39M | -$11.81M | -$38.19M | $0 | $0 |
| Capital Expenditure | $0 | $0 | $0 | $0 | $0 |
| Free Cash Flow | $61.39M | -$11.81M | -$38.19M | $0 | $0 |
| Cash at Beginning | $20.41M | $100K | $100K | $919K | $0 |
| Cash at End | $20.78M | $20.41M | $100K | $954 | $0 |