British Smaller Companies VCT 2 Past Earnings Performance
Past criteria checks 3/6
British Smaller Companies VCT 2 has been growing earnings at an average annual rate of 14.8%, while the Capital Markets industry saw earnings growing at 14.9% annually. Revenues have been growing at an average rate of 16.2% per year. British Smaller Companies VCT 2's return on equity is 4.9%, and it has net margins of 60.2%.
Key information
14.8%
Earnings growth rate
7.1%
EPS growth rate
| Capital Markets Industry Growth | 16.3% |
| Revenue growth rate | 16.2% |
| Return on equity | 4.9% |
| Net Margin | 60.2% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses BreakdownBeta
How British Smaller Companies VCT 2 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 | 11 | 7 | 4 | 0 |
| 30 Sep 23 | 10 | 6 | 4 | 0 |
| 30 Jun 23 | 9 | 5 | 4 | 0 |
| 31 Mar 23 | 9 | 6 | 3 | 0 |
| 31 Dec 22 | 9 | 6 | 3 | 0 |
| 30 Sep 22 | 10 | 7 | 3 | 0 |
| 30 Jun 22 | 11 | 8 | 4 | 0 |
| 31 Mar 22 | 19 | 14 | 5 | 0 |
| 31 Dec 21 | 27 | 20 | 6 | 0 |
| 30 Sep 21 | 28 | 22 | 6 | 0 |
| 30 Jun 21 | 29 | 24 | 5 | 0 |
| 31 Mar 21 | 18 | 14 | 3 | 0 |
| 31 Dec 20 | 6 | 4 | 2 | 0 |
| 30 Sep 20 | 3 | 1 | 2 | 0 |
| 30 Jun 20 | 0 | -2 | 2 | 0 |
| 31 Mar 20 | 3 | 1 | 2 | 0 |
| 31 Dec 19 | 6 | 5 | 2 | 0 |
| 30 Sep 19 | 6 | 4 | 2 | 0 |
| 30 Jun 19 | 5 | 3 | 2 | 0 |
| 31 Mar 19 | 5 | 4 | 2 | 0 |
| 31 Dec 18 | 6 | 4 | 2 | 0 |
| 30 Sep 18 | 5 | 3 | 2 | 0 |
| 30 Jun 18 | 5 | 3 | 2 | 0 |
| 31 Mar 18 | 4 | 3 | 2 | 0 |
| 31 Dec 17 | 4 | 2 | 2 | 0 |
| 30 Sep 17 | 3 | 2 | 2 | 0 |
| 30 Jun 17 | 3 | 1 | 2 | 0 |
| 31 Mar 17 | 3 | 1 | 2 | 0 |
| 31 Dec 16 | 3 | 1 | 2 | 0 |
| 30 Sep 16 | 4 | 2 | 2 | 0 |
| 30 Jun 16 | 4 | 3 | 2 | 0 |
| 31 Mar 16 | 5 | 4 | 1 | 0 |
| 31 Dec 15 | 6 | 4 | 1 | 0 |
| 30 Sep 15 | 5 | 4 | 1 | 0 |
| 30 Jun 15 | 4 | 3 | 1 | 0 |
| 31 Mar 15 | 3 | 2 | 1 | 0 |
| 31 Dec 14 | 2 | 1 | 1 | 0 |
| 30 Sep 14 | 2 | 1 | 1 | 0 |
| 30 Jun 14 | 2 | 1 | 1 | 0 |
| 31 Mar 14 | 3 | 2 | 1 | 0 |
| 31 Dec 13 | 3 | 2 | 1 | 0 |
| 30 Sep 13 | 2 | 2 | 1 | 0 |
| 30 Jun 13 | 2 | 1 | 1 | 0 |
Quality Earnings: BSC has high quality earnings.
Growing Profit Margin: BSC's current net profit margins (60.2%) are lower than last year (69.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: BSC's earnings have grown by 14.8% per year over the past 5 years.
Accelerating Growth: BSC's earnings growth over the past year (7%) is below its 5-year average (14.8% per year).
Earnings vs Industry: BSC earnings growth over the past year (7%) exceeded the Capital Markets industry -12.2%.
Return on Equity
High ROE: BSC's Return on Equity (4.9%) is considered low.