Veris Past Earnings Performance
Past criteria checks 0/6
Veris has been growing earnings at an average annual rate of 72%, while the Professional Services industry saw earnings growing at 3.6% annually. Revenues have been declining at an average rate of 0.6% per year.
Key information
72.0%
Earnings growth rate
75.5%
EPS growth rate
| Professional Services Industry Growth | 8.7% |
| Revenue growth rate | -0.6% |
| Return on equity | -20.4% |
| Net Margin | -5.1% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Further Upside For Veris Limited (ASX:VRS) Shares Could Introduce Price Risks After 29% Bounce
Oct 12
Many Still Looking Away From Veris Limited (ASX:VRS)
Aug 01A Look At The Intrinsic Value Of Veris Limited (ASX:VRS)
Jun 05Veris (ASX:VRS) Might Have The Makings Of A Multi-Bagger
May 03We Think Veris (ASX:VRS) Can Stay On Top Of Its Debt
Mar 27Investors Aren't Entirely Convinced By Veris Limited's (ASX:VRS) Revenues
Mar 01The Return Trends At Veris (ASX:VRS) Look Promising
Jan 19Veris' (ASX:VRS) Solid Profits Have Weak Fundamentals
Mar 06Is Veris (ASX:VRS) Using Too Much Debt?
Jun 29Veris (ASX:VRS) Has Debt But No Earnings; Should You Worry?
May 14Should You Take Comfort From Insider Transactions At Veris Limited (ASX:VRS)?
Mar 05Is Veris (ASX:VRS) Using Debt In A Risky Way?
Dec 22
Revenue & Expenses Breakdown
How Veris makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Jun 24 | 93 | -5 | 5 | 0 |
| 31 Dec 23 | 97 | 1 | 4 | 0 |
| 30 Sep 23 | 99 | 1 | 4 | 0 |
| 30 Jun 23 | 101 | 1 | 4 | 0 |
| 31 Dec 22 | 102 | 3 | 4 | 0 |
| 30 Sep 22 | 97 | 2 | 4 | 0 |
| 30 Jun 22 | 92 | 1 | 4 | 0 |
| 31 Mar 22 | 87 | -2 | 5 | 0 |
| 31 Dec 21 | 81 | -4 | 6 | 0 |
| 30 Sep 21 | 79 | -3 | 5 | 0 |
| 30 Jun 21 | 77 | -2 | 4 | 0 |
| 31 Dec 20 | 83 | -10 | 4 | 0 |
| 30 Sep 20 | 88 | -16 | 4 | 0 |
| 30 Jun 20 | 94 | -23 | 4 | 0 |
| 31 Dec 19 | 104 | -17 | 1 | 0 |
| 30 Sep 19 | 106 | -29 | 1 | 0 |
| 30 Jun 19 | 108 | -41 | 1 | 0 |
| 31 Mar 19 | 111 | -38 | 1 | 0 |
| 31 Dec 18 | 114 | -36 | 1 | 0 |
| 30 Sep 18 | 111 | -19 | 1 | 0 |
| 30 Jun 18 | 107 | -1 | 1 | 0 |
| 31 Mar 18 | 98 | -1 | 1 | 0 |
| 31 Dec 17 | 88 | 0 | 0 | 0 |
| 30 Sep 17 | 81 | -1 | 0 | 0 |
| 30 Jun 17 | 74 | -1 | 0 | 0 |
| 31 Mar 17 | 82 | 1 | 1 | 0 |
| 31 Dec 16 | 90 | 3 | 1 | 0 |
| 30 Sep 16 | 105 | 11 | 1 | 0 |
| 30 Jun 16 | 121 | 20 | 1 | 0 |
| 31 Mar 16 | 110 | 13 | 1 | 0 |
| 31 Dec 15 | 99 | 7 | 1 | 0 |
| 30 Sep 15 | 84 | -1 | 0 | 0 |
| 30 Jun 15 | 69 | -9 | 0 | 0 |
| 31 Mar 15 | 70 | -4 | 0 | 0 |
| 31 Dec 14 | 72 | 1 | 0 | 0 |
| 30 Sep 14 | 93 | 3 | 0 | 0 |
| 30 Jun 14 | 113 | 5 | 0 | 0 |
| 31 Mar 14 | 125 | 6 | 18 | 0 |
| 31 Dec 13 | 137 | 7 | 15 | 0 |
Quality Earnings: VRS is currently unprofitable.
Growing Profit Margin: VRS is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: VRS is unprofitable, but has reduced losses over the past 5 years at a rate of 72% per year.
Accelerating Growth: Unable to compare VRS's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: VRS is unprofitable, making it difficult to compare its past year earnings growth to the Professional Services industry (-10.1%).
Return on Equity
High ROE: VRS has a negative Return on Equity (-20.36%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 00:04 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Veris Limited is covered by 3 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Josh Kannourakis | EL&C Baillieu |
| Michael Youlden | MST Financial Services Pty Limited |
| Conrad Mulherin | Stifel Canada |