Way 2 Vat Past Earnings Performance
Past criteria checks 0/6
Way 2 Vat's earnings have been declining at an average annual rate of -7.6%, while the Software industry saw earnings growing at 24.6% annually. Revenues have been growing at an average rate of 29.7% per year.
Key information
-7.6%
Earnings growth rate
89.6%
EPS growth rate
| Software Industry Growth | 22.1% |
| Revenue growth rate | 29.7% |
| Return on equity | n/a |
| Net Margin | -207.5% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Way 2 Vat 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 |
|---|---|---|---|---|
| 31 Dec 23 | 2 | -4 | 5 | 1 |
| 30 Sep 23 | 2 | -4 | 4 | 1 |
| 30 Jun 23 | 2 | -4 | 4 | 2 |
| 31 Mar 23 | 2 | -4 | 4 | 2 |
| 31 Dec 22 | 1 | -5 | 4 | 2 |
| 30 Sep 22 | 1 | -4 | 4 | 2 |
| 30 Jun 22 | 1 | -4 | 4 | 2 |
| 31 Mar 22 | 1 | -5 | 4 | 2 |
| 31 Dec 21 | 1 | -6 | 4 | 2 |
| 30 Sep 21 | 1 | -6 | 4 | 1 |
| 30 Jun 21 | 1 | -5 | 4 | 1 |
| 31 Mar 21 | 1 | -4 | 3 | 1 |
| 31 Dec 20 | 1 | -2 | 3 | 1 |
| 30 Jun 20 | 1 | -3 | 3 | 1 |
| 31 Mar 20 | 1 | -3 | 3 | 1 |
| 31 Dec 19 | 0 | -4 | 3 | 1 |
| 30 Jun 19 | 0 | -3 | 2 | 2 |
| 31 Mar 19 | 0 | -3 | 2 | 2 |
| 31 Dec 18 | 0 | -3 | 2 | 2 |
| 31 Dec 17 | 0 | -2 | 1 | 1 |
Quality Earnings: W2V is currently unprofitable.
Growing Profit Margin: W2V is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: W2V is unprofitable, and losses have increased over the past 5 years at a rate of 7.6% per year.
Accelerating Growth: Unable to compare W2V's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: W2V is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (12%).
Return on Equity
High ROE: W2V's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.