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VEON Past Earnings Performance
Past criteria checks 2/6
VEON has been growing earnings at an average annual rate of 24.4%, while the Wireless Telecom industry saw earnings growing at 12.5% annually. Revenues have been declining at an average rate of 5.4% per year. VEON's return on equity is 23.7%, and it has net margins of 2.4%.
Key information
24.41%
Earnings growth rate
24.08%
EPS growth rate
Wireless Telecom Industry Growth
13.03%
Revenue growth rate
-5.36%
Return on equity
23.67%
Net Margin
2.36%
Next Earnings Update
16 Mar 2023
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How VEON makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
DB:35V1 Revenue, expenses and earnings (USD Millions)
Date
Revenue
Earnings
G+A Expenses
R&D Expenses
30 Jun 22
7,888
186
2,589
0
31 Mar 22
7,781
203
2,548
0
31 Dec 21
7,788
523
2,498
0
30 Sep 21
8,254
353
2,633
0
30 Jun 21
7,379
-447
2,356
0
31 Mar 21
7,024
-418
2,266
0
31 Dec 20
7,291
-428
2,377
0
30 Sep 20
7,679
-393
2,408
0
30 Jun 20
8,083
285
2,569
0
31 Mar 20
8,798
234
2,795
0
31 Dec 19
8,051
520
2,583
0
30 Sep 19
8,857
580
2,978
0
30 Jun 19
8,951
122
3,178
0
31 Mar 19
8,960
80
3,299
0
31 Dec 18
9,086
-397
3,480
0
30 Sep 18
9,157
-560
3,508
0
30 Jun 18
9,296
40
3,438
0
31 Mar 18
9,443
-92
3,507
0
31 Dec 17
9,474
-115
3,529
0
30 Sep 17
9,508
-280
3,524
0
30 Jun 17
9,413
-432
3,589
0
31 Mar 17
9,149
-377
3,525
0
31 Dec 16
8,885
-439
3,424
0
30 Sep 16
8,813
-227
2,286
0
30 Jun 16
8,894
-1,133
3,195
0
31 Mar 16
9,311
-848
3,245
0
Quality Earnings: 35V1 has a large one-off loss of $399.0M impacting its last 12 months of financial results to 30th June, 2022.
Growing Profit Margin: 35V1 became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 35V1 has become profitable over the past 5 years, growing earnings by 24.4% per year.
Accelerating Growth: 35V1 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 35V1 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Wireless Telecom industry (-51.4%).
Return on Equity
High ROE: Whilst 35V1's Return on Equity (23.67%) is high, this metric is skewed due to their high level of debt.
Return on Assets
Return on Capital Employed
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Company Analysis and Financial Data Status
Data
Last Updated (UTC time)
Company Analysis
2023/01/14 17:44
End of Day Share Price
2022/10/17 00:00
Earnings
2022/06/30
Annual Earnings
2021/12/31
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.
* 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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Learn about the world class team who designed and built the Simply Wall St analysis model.
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
VEON Ltd. is covered by 24 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.