Vection Technologies Past Earnings Performance
Past criteria checks 0/6
Vection Technologies's earnings have been declining at an average annual rate of -33.5%, while the Software industry saw earnings growing at 21.1% annually. Revenues have been growing at an average rate of 51.1% per year.
Key information
-33.5%
Earnings growth rate
-8.9%
EPS growth rate
| Software Industry Growth | 22.1% |
| Revenue growth rate | 51.1% |
| Return on equity | -104.6% |
| Net Margin | -29.3% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Vection Technologies 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 | 34 | -10 | 3 | 0 |
| 31 Mar 24 | 31 | -11 | 4 | 0 |
| 31 Dec 23 | 29 | -12 | 5 | 0 |
| 30 Sep 23 | 28 | -11 | 5 | 0 |
| 30 Jun 23 | 26 | -11 | 5 | 0 |
| 31 Mar 23 | 22 | -12 | 7 | 0 |
| 31 Dec 22 | 17 | -13 | 8 | 0 |
| 30 Sep 22 | 18 | -10 | 7 | 0 |
| 30 Jun 22 | 18 | -7 | 6 | 0 |
| 31 Mar 22 | 15 | -5 | 5 | 0 |
| 31 Dec 21 | 12 | -3 | 3 | 0 |
| 30 Sep 21 | 8 | -3 | 3 | 0 |
| 30 Jun 21 | 3 | -2 | 2 | 0 |
| 31 Mar 21 | 3 | -2 | 2 | 0 |
| 31 Dec 20 | 2 | -3 | 1 | 0 |
| 30 Sep 20 | 2 | -2 | 1 | 0 |
| 30 Jun 20 | 3 | -1 | 1 | 0 |
| 31 Dec 19 | 3 | -4 | 2 | 0 |
| 30 Sep 19 | 2 | -4 | 1 | 0 |
| 30 Jun 19 | 1 | -5 | 1 | 0 |
| 31 Dec 18 | 1 | 0 | 1 | 0 |
| 30 Jun 18 | 0 | -3 | 1 | 0 |
| 31 Dec 17 | 1 | 0 | 0 | 0 |
| 31 Dec 16 | 0 | 0 | 0 | 0 |
Quality Earnings: VR1 is currently unprofitable.
Growing Profit Margin: VR1 is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: VR1 is unprofitable, and losses have increased over the past 5 years at a rate of 33.5% per year.
Accelerating Growth: Unable to compare VR1's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: VR1 is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (6.8%).
Return on Equity
High ROE: VR1 has a negative Return on Equity (-104.64%), as it is currently unprofitable.