Veris Past Earnings Performance

Past criteria checks 2/6

Veris has been growing earnings at an average annual rate of 68.6%, while the Professional Services industry saw earnings growing at 4.3% annually. Revenues have been declining at an average rate of 2.7% per year. Veris's return on equity is 2.2%, and it has net margins of 0.7%.

Key information

68.6%

Earnings growth rate

70.5%

EPS growth rate

Professional Services Industry Growth8.7%
Revenue growth rate-2.7%
Return on equity2.2%
Net Margin0.7%
Last Earnings Update31 Dec 2023

Recent past performance updates

Veris' (ASX:VRS) Solid Profits Have Weak Fundamentals

Mar 06
Veris' (ASX:VRS) Solid Profits Have Weak Fundamentals

Recent updates

Investors Aren't Entirely Convinced By Veris Limited's (ASX:VRS) Revenues

Mar 01
Investors Aren't Entirely Convinced By Veris Limited's (ASX:VRS) Revenues

The Return Trends At Veris (ASX:VRS) Look Promising

Jan 19
The Return Trends At Veris (ASX:VRS) Look Promising

Veris' (ASX:VRS) Solid Profits Have Weak Fundamentals

Mar 06
Veris' (ASX:VRS) Solid Profits Have Weak Fundamentals

Is Veris (ASX:VRS) Using Too Much Debt?

Jun 29
Is Veris (ASX:VRS) Using Too Much Debt?

Veris (ASX:VRS) Has Debt But No Earnings; Should You Worry?

May 14
Veris (ASX:VRS) Has Debt But No Earnings; Should You Worry?

Should You Take Comfort From Insider Transactions At Veris Limited (ASX:VRS)?

Mar 05
Should You Take Comfort From Insider Transactions At Veris Limited (ASX:VRS)?

Is Veris (ASX:VRS) Using Debt In A Risky Way?

Dec 22
Is Veris (ASX:VRS) Using Debt In A Risky Way?

Revenue & Expenses Breakdown
Beta

How Veris makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

ASX:VRS Revenue, expenses and earnings (AUD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 2397140
30 Sep 2399140
30 Jun 23101140
31 Dec 22102340
30 Sep 2297240
30 Jun 2292140
31 Mar 2287-250
31 Dec 2181-460
30 Sep 2179-350
30 Jun 2177-240
31 Dec 2083-1040
30 Sep 2088-1640
30 Jun 2094-2340
31 Dec 19104-1710
30 Sep 19106-2910
30 Jun 19108-4110
31 Mar 19111-3810
31 Dec 18114-3610
30 Sep 18111-1910
30 Jun 18107-110
31 Mar 1898-110
31 Dec 1788000
30 Sep 1781-100
30 Jun 1774-100
31 Mar 1782110
31 Dec 1690310
30 Sep 161051110
30 Jun 161212010
31 Mar 161101310
31 Dec 1599710
30 Sep 1584-100
30 Jun 1569-900
31 Mar 1570-400
31 Dec 1472100
30 Sep 1493300
30 Jun 14113500
31 Mar 141256180
31 Dec 131377150
30 Sep 131256150
30 Jun 131145150
31 Mar 13123560

Quality Earnings: VRS has high quality earnings.

Growing Profit Margin: VRS's current net profit margins (0.7%) are lower than last year (2.7%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: VRS has become profitable over the past 5 years, growing earnings by 68.6% per year.

Accelerating Growth: VRS's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: VRS had negative earnings growth (-77.2%) over the past year, making it difficult to compare to the Professional Services industry average (3.4%).


Return on Equity

High ROE: VRS's Return on Equity (2.2%) is considered low.


Return on Assets


Return on Capital Employed


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