Income & Growth VCT Past Earnings Performance
Past criteria checks 2/6
Income & Growth VCT's earnings have been declining at an average annual rate of -7%, while the Capital Markets industry saw earnings growing at 14.9% annually. Revenues have been declining at an average rate of 4.7% per year. Income & Growth VCT's return on equity is 4.5%, and it has net margins of 63.6%.
Key information
-7.0%
Earnings growth rate
-7.1%
EPS growth rate
| Capital Markets Industry Growth | 16.3% |
| Revenue growth rate | -4.7% |
| Return on equity | 4.5% |
| Net Margin | 63.6% |
| Last Earnings Update | 30 Sep 2023 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses BreakdownBeta
How Income & Growth VCT 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 Sep 23 | 9 | 5 | 3 | 0 |
| 30 Jun 23 | -2 | -5 | 3 | 0 |
| 31 Mar 23 | -13 | -15 | 2 | 0 |
| 31 Dec 22 | -10 | -13 | 3 | 0 |
| 30 Sep 22 | -8 | -11 | 3 | 0 |
| 30 Jun 22 | 6 | 2 | 4 | 0 |
| 31 Mar 22 | 20 | 16 | 4 | 0 |
| 31 Dec 21 | 33 | 29 | 4 | 0 |
| 30 Sep 21 | 46 | 42 | 4 | 0 |
| 30 Jun 21 | 48 | 45 | 3 | 0 |
| 31 Mar 21 | 50 | 47 | 3 | 0 |
| 31 Dec 20 | 32 | 29 | 3 | 0 |
| 30 Sep 20 | 14 | 11 | 2 | 0 |
| 30 Jun 20 | 6 | 3 | 2 | 0 |
| 31 Mar 20 | -2 | -5 | 2 | 0 |
| 31 Dec 19 | 3 | 1 | 2 | 0 |
| 30 Sep 19 | 8 | 6 | 2 | 0 |
| 30 Jun 19 | 8 | 5 | 2 | 0 |
| 31 Mar 19 | 7 | 5 | 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 | 6 | 3 | 3 | 0 |
| 31 Dec 17 | 6 | 4 | 3 | 0 |
| 30 Sep 17 | 6 | 4 | 3 | 0 |
| 30 Jun 17 | 5 | 3 | 2 | 0 |
| 31 Mar 17 | 4 | 2 | 2 | 0 |
| 31 Dec 16 | 5 | 2 | 3 | 0 |
| 30 Sep 16 | 6 | 3 | 3 | 0 |
| 30 Jun 16 | 8 | 5 | 3 | 0 |
| 31 Mar 16 | 11 | 7 | 3 | 0 |
| 31 Dec 15 | 10 | 7 | 3 | 0 |
| 30 Sep 15 | 10 | 7 | 3 | 0 |
| 30 Jun 15 | 9 | 6 | 3 | 0 |
| 31 Mar 15 | 8 | 5 | 4 | 0 |
| 31 Dec 14 | 9 | 5 | 3 | 0 |
| 30 Sep 14 | 10 | 6 | 3 | 0 |
| 30 Jun 14 | 10 | 7 | 3 | 0 |
| 31 Mar 14 | 10 | 8 | 2 | 0 |
| 31 Dec 13 | 10 | 8 | 2 | 0 |
| 30 Sep 13 | 10 | 8 | 2 | 0 |
| 30 Jun 13 | 10 | 7 | 2 | 0 |
Quality Earnings: IGV has high quality earnings.
Growing Profit Margin: IGV became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: IGV's earnings have declined by 7% per year over the past 5 years.
Accelerating Growth: IGV has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: IGV has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (-12.2%).
Return on Equity
High ROE: IGV's Return on Equity (4.5%) is considered low.