Vonex Past Earnings Performance

Past criteria checks 0/6

Vonex's earnings have been declining at an average annual rate of -28.6%, while the Telecom industry saw earnings growing at 19.7% annually. Revenues have been growing at an average rate of 37.5% per year.

Key information

-28.6%

Earnings growth rate

6.7%

EPS growth rate

Telecom Industry Growth	39.7%
Revenue growth rate	37.5%
Return on equity	n/a
Net Margin	-5.1%
Last Earnings Update	31 Dec 2023

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown
Beta

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

Earnings and Revenue History

CHIA:VN8 Revenue, expenses and earnings (AUD Millions)
Date	Revenue	Earnings	G+A Expenses
31 Dec 23	49	-3	19
30 Sep 23	47	-13	19
30 Jun 23	45	-23	19
31 Mar 23	42	-22	18
31 Dec 22	39	-21	16
30 Sep 22	36	-10	14
30 Jun 22	34	0	13
31 Mar 22	29	-1	11
31 Dec 21	24	-3	10
30 Sep 21	21	-3	9
30 Jun 21	18	-4	9
31 Mar 21	18	-3	9
31 Dec 20	17	-2	9
30 Sep 20	15	-1	8
30 Jun 20	13	-1	7
31 Mar 20	11	-1	7
31 Dec 19	9	-2	8
30 Sep 19	9	-2	7
30 Jun 19	9	-3	7
31 Mar 19	9	-9	12
31 Dec 18	8	-15	17
30 Sep 18	8	-15	17
30 Jun 18	8	-15	17
31 Mar 18	8	-9	12
31 Dec 17	8	-4	6
30 Sep 17	7	-7	9
30 Jun 17	7	-10	12
31 Mar 17	7	-15	17
31 Dec 16	6	-20	22
30 Sep 16	6	-16	18
30 Jun 16	5	-12	14
30 Jun 15	5	0	2
30 Jun 14	4	-1	2
30 Jun 13	1	-1	2

Quality Earnings: VN8 is currently unprofitable.

Growing Profit Margin: VN8 is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: VN8 is unprofitable, and losses have increased over the past 5 years at a rate of 28.6% per year.

Accelerating Growth: Unable to compare VN8's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: VN8 is unprofitable, making it difficult to compare its past year earnings growth to the Telecom industry (-32.3%).

Return on Equity

High ROE: VN8's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.

Vonex Past Earnings Performance

Past criteria checks 0/6

Key information

Recent past performance updates

Full year 2023 earnings released: AU$0.068 loss per share (vs AU$0.001 profit in FY 2022)

First half 2023 earnings released: AU$0.064 loss per share (vs AU$0.002 loss in 1H 2022)

Full year 2022 earnings released: EPS: AU$0.001 (vs AU$0.021 loss in FY 2021)

First half 2022 earnings: EPS in line with analyst expectations despite revenue beat

Full year 2021 earnings released: AU$0.021 loss per share (vs AU$0.004 loss in FY 2020)

Full year earnings released - AU$0.0038 loss per share

Recent updates

Now 26% undervalued after recent price drop

Now 23% undervalued after recent price drop

Vonex Limited, Annual General Meeting, Nov 29, 2023

Now 22% undervalued after recent price drop

Full year 2023 earnings released: AU$0.068 loss per share (vs AU$0.001 profit in FY 2022)

New minor risk - Financial data availability

Vonex Limited Announces CEO Changes

Non-Executive Director recently bought AU$203k worth of stock

First half 2023 earnings released: AU$0.064 loss per share (vs AU$0.002 loss in 1H 2022)

No independent directors

Vonex Limited Announces Board Changes

Vonex Limited (ASX:VN8) entered into an agreement to acquire Network Technology (Aust) Pty Ltd for AUD 7.7 million.

Vonex Limited, Annual General Meeting, Nov 25, 2022

Full year 2022 earnings released: EPS: AU$0.001 (vs AU$0.021 loss in FY 2021)

Non-executive Director recently bought AU$358k worth of stock

No independent directors

Non-executive Director recently bought AU$302k worth of stock

First half 2022 earnings: EPS in line with analyst expectations despite revenue beat

Vonex Limited (ASX:VN8) completed the acquisition of Voiteck Pty Ltd.

Vonex Limited (ASX:VN8) entered into a binding Share Acquisition Agreement to acquire Voiteck Pty Ltd for AUD 5.5 million.

Vonex Limited has completed a Follow-on Equity Offering in the amount of AUD 12 million.

Full year 2021 earnings released: AU$0.021 loss per share (vs AU$0.004 loss in FY 2020)

Vonex Limited (ASX:VN8) entered into a non-binding agreement to acquire an unknown minority stake in Direct business of MNF Group Limited from MNF Group Limited (ASX:MNF) for AUD 31 million.

Non-executive Director recently bought AU$51k worth of stock

New 90-day high: AU$0.32

Vonex Limited Announces the Signing of A Wholesale Agreement with Orange Business Services

Vonex Limited (ASX:VN8) completed the acquisition of Nextel Pty Ltd.

Vonex Limited (ASX:VN8) entered into a binding term sheet to acquire Nextel Pty Ltd for AUD 1.5 million.

New 90-day high: AU$0.26

Full year earnings released - AU$0.0038 loss per share

Revenue & Expenses BreakdownBeta

Earnings and Revenue History

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Return on Equity

Return on Assets

Return on Capital Employed

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Revenue & Expenses Breakdown
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