Convergenze. Società Benefit Past Earnings Performance
Past criteria checks 2/6
Convergenze. Società Benefit's earnings have been declining at an average annual rate of -17.7%, while the Telecom industry saw earnings growing at 11.4% annually. Revenues have been growing at an average rate of 10.4% per year. Convergenze. Società Benefit's return on equity is 17.9%, and it has net margins of 4.4%.
Key information
-17.7%
Earnings growth rate
-4.5%
EPS growth rate
| Telecom Industry Growth | 36.3% |
| Revenue growth rate | 10.4% |
| Return on equity | 17.9% |
| Net Margin | 4.4% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Convergenze. Società Benefit 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 | 24 | 1 | 4 | 0 |
| 31 Mar 24 | 23 | 1 | 4 | 0 |
| 31 Dec 23 | 23 | 1 | 4 | 0 |
| 30 Sep 23 | 24 | 0 | 4 | 0 |
| 30 Jun 23 | 26 | 0 | 4 | 0 |
| 31 Mar 23 | 27 | -1 | 4 | 0 |
| 31 Dec 22 | 28 | -1 | 4 | 0 |
| 30 Sep 22 | 25 | -1 | 3 | 0 |
| 30 Jun 22 | 22 | -1 | 3 | 0 |
| 31 Mar 22 | 20 | 0 | 3 | 0 |
| 31 Dec 21 | 18 | 0 | 3 | 0 |
| 30 Sep 21 | 18 | 0 | 3 | 0 |
| 30 Jun 21 | 17 | 1 | 3 | 0 |
| 31 Mar 21 | 17 | 1 | 2 | 0 |
| 31 Dec 20 | 16 | 1 | 2 | 0 |
| 30 Sep 20 | 16 | 1 | 2 | 0 |
| 30 Jun 20 | 16 | 1 | 2 | 0 |
| 31 Mar 20 | 17 | 1 | 2 | 0 |
| 31 Dec 19 | 17 | 1 | 2 | 0 |
| 31 Dec 18 | 14 | 0 | 2 | 0 |
| 31 Dec 17 | 12 | 0 | 1 | 0 |
Quality Earnings: 7E0 has high quality earnings.
Growing Profit Margin: 7E0 became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 7E0's earnings have declined by 17.7% per year over the past 5 years.
Accelerating Growth: 7E0 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 7E0 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Telecom industry (5.4%).
Return on Equity
High ROE: 7E0's Return on Equity (17.9%) is considered low.