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VEON Past Earnings Performance
Past criteria checks 2/6
VEON has been growing earnings at an average annual rate of 15.7%, while the Wireless Telecom industry saw earnings declining at 0.6% annually. Revenues have been declining at an average rate of 24.1% per year. VEON's return on equity is 34.7%, and it has net margins of 8%.
Key information
15.71%
Earnings growth rate
15.08%
EPS growth rate
Wireless Telecom Industry Growth
13.03%
Revenue growth rate
-24.08%
Return on equity
34.67%
Net Margin
7.96%
Next Earnings Update
14 Nov 2024
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
LSE:0RO7 Revenue, expenses and earnings (USD Millions)
Date
Revenue
Earnings
G+A Expenses
R&D Expenses
30 Jun 24
3,867
308
110
0
31 Mar 24
3,756
367
55
0
31 Dec 23
3,698
302
1,572
0
30 Sep 23
3,684
476
1,500
0
30 Jun 23
3,630
512
1,499
0
31 Mar 23
3,671
381
1,480
0
31 Dec 22
3,755
580
1,503
0
30 Sep 22
930
44
795
0
30 Jun 22
2,044
-26
1,033
0
31 Mar 22
2,988
70
1,286
0
31 Dec 21
3,850
-7
1,476
0
30 Sep 21
7,565
274
2,426
0
30 Jun 21
7,379
-447
2,356
0
31 Mar 21
7,024
-418
2,266
0
31 Dec 20
3,482
61
1,382
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
31 Dec 15
9,606
-917
4,336
0
30 Sep 15
10,325
-1,524
4,458
0
30 Jun 15
11,427
-330
3,805
0
31 Mar 15
10,805
-82
3,547
0
31 Dec 14
13,486
33
4,383
0
30 Sep 14
16,068
-3,027
6,353
0
30 Jun 14
18,209
-3,084
6,909
0
31 Mar 14
21,979
-2,995
7,993
0
31 Dec 13
15,966
-1,992
5,933
0
Quality Earnings: 0RO7 has high quality earnings.
Growing Profit Margin: 0RO7's current net profit margins (8%) are lower than last year (14.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 0RO7 has become profitable over the past 5 years, growing earnings by 15.7% per year.
Accelerating Growth: 0RO7's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 0RO7 had negative earnings growth (-39.8%) over the past year, making it difficult to compare to the Wireless Telecom industry average (-9.7%).
Return on Equity
High ROE: Whilst 0RO7's Return on Equity (34.67%) 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
2024/10/25 17:33
End of Day Share Price
2024/09/20 00:00
Earnings
2024/06/30
Annual Earnings
2023/12/31
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 23 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.