Vertex Past Earnings Performance
Past criteria checks 2/6
Vertex has been growing earnings at an average annual rate of 20.1%, while the Software industry saw earnings growing at 10.3% annually. Revenues have been growing at an average rate of 14.7% per year. Vertex's return on equity is 8.5%, and it has net margins of 3.2%.
Key information
20.1%
Earnings growth rate
22.6%
EPS growth rate
| Software Industry Growth | 14.9% |
| Revenue growth rate | 14.7% |
| Return on equity | 8.5% |
| Net Margin | 3.2% |
| Next Earnings Update | 06 Nov 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Vertex 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 | 618 | 20 | 292 | 61 |
| 31 Mar 24 | 596 | 8 | 288 | 59 |
| 31 Dec 23 | 572 | -13 | 283 | 58 |
| 30 Sep 23 | 549 | -34 | 277 | 57 |
| 30 Jun 23 | 530 | -31 | 270 | 50 |
| 31 Mar 23 | 509 | -30 | 260 | 48 |
| 31 Dec 22 | 492 | -12 | 246 | 42 |
| 30 Sep 22 | 472 | -8 | 229 | 41 |
| 30 Jun 22 | 457 | -10 | 224 | 41 |
| 31 Mar 22 | 442 | -4 | 213 | 42 |
| 31 Dec 21 | 426 | -1 | 206 | 44 |
| 30 Sep 21 | 413 | 3 | 195 | 44 |
| 30 Jun 21 | 397 | -14 | 216 | 51 |
| 31 Mar 21 | 384 | -44 | 229 | 53 |
| 31 Dec 20 | 375 | -75 | 248 | 54 |
| 30 Sep 20 | 361 | -74 | 242 | 52 |
| 30 Jun 20 | 349 | -42 | 197 | 42 |
| 31 Mar 20 | 336 | -5 | 168 | 36 |
| 31 Dec 19 | 322 | 31 | 139 | 31 |
| 31 Dec 18 | 272 | -6 | 116 | 24 |
Quality Earnings: 56X has a large one-off loss of $7.7M impacting its last 12 months of financial results to 30th June, 2024.
Growing Profit Margin: 56X became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 56X has become profitable over the past 5 years, growing earnings by 20.1% per year.
Accelerating Growth: 56X has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 56X has become profitable in the last year, making it difficult to compare its past year earnings growth to the Software industry (10.6%).
Return on Equity
High ROE: 56X's Return on Equity (8.5%) is considered low.