VERSES AI Past Earnings Performance
Past criteria checks 0/6
VERSES AI's earnings have been declining at an average annual rate of -48.5%, while the Software industry saw earnings growing at 9.8% annually. Revenues have been growing at an average rate of 33.2% per year.
Key information
-48.5%
Earnings growth rate
-51.9%
EPS growth rate
Software Industry Growth | 8.2% |
Revenue growth rate | 33.2% |
Return on equity | -492.5% |
Net Margin | -2,049.7% |
Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses BreakdownBeta
How VERSES AI 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 | -36 | 24 | 10 |
30 Sep 23 | 2 | -26 | 16 | 7 |
30 Jun 23 | 2 | -22 | 14 | 7 |
31 Mar 23 | 2 | -19 | 13 | 6 |
31 Dec 22 | 2 | -17 | 12 | 4 |
30 Sep 22 | 1 | -14 | 9 | 3 |
30 Jun 22 | 3 | -14 | 8 | 1 |
31 Mar 22 | 3 | -9 | 5 | 0 |
30 Jun 21 | 0 | -2 | 2 | 0 |
31 Mar 21 | 0 | -3 | 2 | 0 |
31 Mar 20 | 0 | -2 | 1 | 0 |
31 Mar 19 | 0 | -2 | 2 | 0 |
Quality Earnings: VERS is currently unprofitable.
Growing Profit Margin: VERS is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: VERS is unprofitable, and losses have increased over the past 5 years at a rate of 48.5% per year.
Accelerating Growth: Unable to compare VERS's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: VERS is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (10.4%).
Return on Equity
High ROE: VERS has a negative Return on Equity (-492.45%), as it is currently unprofitable.