Votum Past Earnings Performance

Past criteria checks 3/6

Votum has been growing earnings at an average annual rate of 33.4%, while the Insurance industry saw earnings growing at 14.2% annually. Revenues have been growing at an average rate of 20.1% per year. Votum's return on equity is 30.5%, and it has net margins of 27.9%.

Key information

33.45%

Earnings growth rate

33.45%

EPS growth rate

Insurance Industry Growth	5.90%
Revenue growth rate	20.14%
Return on equity	30.45%
Net Margin	27.91%
Next Earnings Update	22 Sep 2026

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

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

Earnings and Revenue History

DB:31J Revenue, expenses and earnings (PLN Millions)
Date	Revenue	Earnings	G+A Expenses
31 Mar 26	445	124	172
31 Dec 25	462	140	174
30 Sep 25	477	160	175
30 Jun 25	467	150	175
31 Mar 25	453	136	172
31 Dec 24	407	113	166
30 Sep 24	386	101	171
30 Jun 24	381	110	165
31 Mar 24	378	115	161
31 Dec 23	387	132	163
30 Sep 23	379	126	157
30 Jun 23	354	113	149
31 Mar 23	333	112	144
31 Dec 22	302	91	130
30 Sep 22	249	65	116
30 Jun 22	239	51	117
31 Mar 22	208	24	112
31 Dec 21	196	10	112
30 Sep 21	184	5	106
30 Jun 21	172	7	100
31 Mar 21	157	7	94
31 Dec 20	151	9	90
30 Sep 20	148	11	90
30 Jun 20	146	13	89
31 Mar 20	148	17	87
31 Dec 19	142	17	82
30 Sep 19	128	17	72
30 Jun 19	116	13	64
31 Mar 19	110	11	62
31 Dec 18	105	8	56
30 Sep 18	102	4	54
30 Jun 18	99	3	52
31 Mar 18	96	2	49
31 Dec 17	94	3	48
30 Sep 17	95	7	48
30 Jun 17	98	10	48
31 Mar 17	98	11	47
31 Dec 16	98	13	46
30 Sep 16	97	13	45
30 Jun 16	97	14	44
31 Mar 16	96	15	43
31 Dec 15	92	15	42
30 Sep 15	92	16	41
30 Jun 15	86	14	38

Quality Earnings: 31J has high quality earnings.

Growing Profit Margin: 31J's current net profit margins (27.9%) are lower than last year (30.1%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 31J's earnings have grown significantly by 33.4% per year over the past 5 years.

Accelerating Growth: 31J's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 31J had negative earnings growth (-8.9%) over the past year, making it difficult to compare to the Insurance industry average (32.1%).

Return on Equity

High ROE: 31J's Return on Equity (30.5%) is considered high.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/06/17 05:38
End of Day Share Price	2026/06/17 00:00
Earnings	2026/03/31
Annual Earnings	2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Votum S.A. is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Tomasz Sokolowski	Erste Bank Polska S.A.
Marcin Materna	Millennium Dom Maklerski Spolka Akcyjna