Vecima Networks Past Earnings Performance
Past criteria checks 2/6
Vecima Networks has been growing earnings at an average annual rate of 64.3%, while the Communications industry saw earnings declining at 0.1% annually. Revenues have been growing at an average rate of 30.1% per year. Vecima Networks's return on equity is 6.7%, and it has net margins of 5.4%.
Key information
64.3%
Earnings growth rate
63.7%
EPS growth rate
| Communications Industry Growth | 18.7% |
| Revenue growth rate | 30.1% |
| Return on equity | 6.7% |
| Net Margin | 5.4% |
| Next Earnings Update | 15 May 2024 |
Recent past performance updates
Recent updates
Why Investors Shouldn't Be Surprised By Vecima Networks Inc.'s (TSE:VCM) 31% Share Price Surge
Mar 13
Vecima Networks (TSE:VCM) Shareholders Will Want The ROCE Trajectory To Continue
Mar 13Vecima Networks' (TSE:VCM) Soft Earnings Are Actually Better Than They Appear
Feb 21Vecima Networks (TSE:VCM) Will Pay A Dividend Of CA$0.055
Feb 17Does Vecima Networks (TSE:VCM) Have A Healthy Balance Sheet?
Feb 16Vecima Networks (TSE:VCM) Has Affirmed Its Dividend Of CA$0.055
Sep 24There's Been No Shortage Of Growth Recently For Vecima Networks' (TSE:VCM) Returns On Capital
May 12We Think Vecima Networks (TSE:VCM) Can Stay On Top Of Its Debt
Jun 20At CA$14.60, Is It Time To Put Vecima Networks Inc. (TSE:VCM) On Your Watch List?
May 25We Believe Vecima Networks' (TSE:VCM) Earnings Are A Poor Guide For Its Profitability
Feb 17Vecima Networks (TSE:VCM) Has Affirmed Its Dividend Of CA$0.055
Nov 14Does Vecima Networks' (TSE:VCM) Share Price Gain of 71% Match Its Business Performance?
Mar 17Revenue & Expenses BreakdownBeta
How Vecima Networks 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 | 277 | 15 | 62 | 47 |
| 30 Sep 23 | 291 | 19 | 63 | 46 |
| 30 Jun 23 | 303 | 27 | 60 | 46 |
| 31 Mar 23 | 288 | 26 | 55 | 44 |
| 31 Dec 22 | 260 | 24 | 50 | 41 |
| 30 Sep 22 | 228 | 17 | 45 | 39 |
| 30 Jun 22 | 187 | 9 | 43 | 37 |
| 31 Mar 22 | 162 | 7 | 38 | 31 |
| 31 Dec 21 | 143 | 4 | 35 | 29 |
| 30 Sep 21 | 129 | -1 | 34 | 28 |
| 30 Jun 21 | 124 | -2 | 33 | 26 |
| 31 Mar 21 | 115 | -4 | 32 | 28 |
| 31 Dec 20 | 107 | -4 | 31 | 25 |
| 30 Sep 20 | 102 | 3 | 29 | 23 |
| 30 Jun 20 | 95 | 3 | 29 | 22 |
| 31 Mar 20 | 90 | 0 | 30 | 20 |
| 31 Dec 19 | 86 | -2 | 32 | 19 |
| 30 Sep 19 | 84 | -4 | 31 | 19 |
| 30 Jun 19 | 85 | -3 | 31 | 19 |
| 31 Mar 19 | 89 | 0 | 31 | 18 |
| 31 Dec 18 | 92 | 2 | 31 | 18 |
| 30 Sep 18 | 85 | 2 | 27 | 17 |
| 30 Jun 18 | 78 | 4 | 24 | 15 |
| 31 Mar 18 | 68 | 3 | 20 | 14 |
| 31 Dec 17 | 60 | 3 | 15 | 12 |
| 30 Sep 17 | 65 | 5 | 15 | 12 |
| 30 Jun 17 | 71 | 8 | 15 | 12 |
| 31 Mar 17 | 79 | 12 | 15 | 12 |
| 31 Dec 16 | 92 | 16 | 16 | 12 |
| 30 Sep 16 | 96 | 19 | 15 | 11 |
| 30 Jun 16 | 98 | 21 | 15 | 11 |
| 31 Mar 16 | 97 | 22 | 15 | 10 |
| 31 Dec 15 | 92 | 20 | 16 | 10 |
| 30 Sep 15 | 91 | 18 | 18 | 10 |
| 30 Jun 15 | 91 | 16 | 20 | 9 |
| 31 Mar 15 | 95 | 16 | 22 | 9 |
| 31 Dec 14 | 94 | 15 | 22 | 9 |
| 30 Sep 14 | 92 | 23 | 21 | 8 |
| 30 Jun 14 | 91 | 25 | 22 | 8 |
| 31 Mar 14 | 87 | 23 | 22 | 8 |
| 31 Dec 13 | 86 | 22 | 22 | 8 |
| 30 Sep 13 | 88 | 19 | 22 | 8 |
| 30 Jun 13 | 91 | 19 | 22 | 8 |
Quality Earnings: VCM has high quality earnings.
Growing Profit Margin: VCM's current net profit margins (5.4%) are lower than last year (9.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: VCM's earnings have grown significantly by 64.3% per year over the past 5 years.
Accelerating Growth: VCM's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: VCM had negative earnings growth (-38.3%) over the past year, making it difficult to compare to the Communications industry average (7.1%).
Return on Equity
High ROE: VCM's Return on Equity (6.7%) is considered low.