AVE Past Earnings Performance
Past criteria checks 0/6
AVE's earnings have been declining at an average annual rate of -1.8%, while the Entertainment industry saw earnings growing at 22.1% annually. Revenues have been growing at an average rate of 19.8% per year.
Key information
-1.8%
Earnings growth rate
24.2%
EPS growth rate
| Entertainment Industry Growth | 14.3% |
| Revenue growth rate | 19.8% |
| Return on equity | n/a |
| Net Margin | -5.4% |
| Last Earnings Update | 30 Jun 2023 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How AVE 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 23 | 144 | -8 | 19 | 0 |
| 31 Mar 23 | 143 | -7 | 19 | 0 |
| 31 Dec 22 | 143 | -5 | 18 | 0 |
| 30 Sep 22 | 79 | -6 | 13 | 0 |
| 30 Jun 22 | 72 | -6 | 14 | 0 |
| 31 Mar 22 | 108 | -7 | 16 | 0 |
| 31 Dec 21 | 143 | -7 | 18 | 0 |
| 30 Sep 21 | 153 | -6 | 18 | 0 |
| 30 Jun 21 | 163 | -4 | 17 | 0 |
| 31 Mar 21 | 152 | 0 | 17 | 0 |
| 31 Dec 20 | 142 | 5 | 16 | 0 |
| 30 Sep 20 | 134 | 6 | 16 | 0 |
| 30 Jun 20 | 126 | 7 | 15 | 0 |
| 31 Mar 20 | 106 | 2 | 15 | 0 |
| 31 Dec 19 | 87 | -3 | 14 | 0 |
| 30 Sep 19 | 63 | -4 | 18 | 0 |
| 30 Jun 19 | 40 | -5 | 22 | 0 |
| 31 Mar 19 | 40 | -5 | 23 | 0 |
| 31 Dec 18 | 40 | -6 | 23 | 0 |
| 30 Sep 18 | 41 | -9 | 22 | 0 |
| 30 Jun 18 | 41 | -12 | 21 | 0 |
| 31 Mar 18 | 42 | -10 | 20 | 0 |
| 31 Dec 17 | 43 | -9 | 19 | 0 |
| 30 Jun 17 | 41 | -7 | 17 | 0 |
| 31 Mar 17 | 40 | -8 | 17 | 0 |
| 31 Dec 16 | 40 | -9 | 17 | 0 |
| 30 Sep 16 | 44 | -12 | 15 | 0 |
| 30 Jun 16 | 40 | -11 | 11 | 0 |
| 31 Mar 16 | 39 | -13 | 11 | 0 |
| 31 Dec 15 | 37 | -12 | 11 | 0 |
| 30 Sep 15 | 35 | -13 | 11 | 0 |
| 30 Jun 15 | 36 | -14 | 12 | 0 |
| 31 Mar 15 | 35 | -14 | 12 | 0 |
| 31 Dec 14 | 35 | -15 | 13 | 0 |
| 30 Sep 14 | 31 | -18 | 13 | 0 |
| 30 Jun 14 | 30 | -19 | 14 | 0 |
| 31 Mar 14 | 28 | -20 | 14 | 0 |
| 31 Dec 13 | 28 | -21 | 15 | 0 |
| 30 Sep 13 | 28 | -20 | 15 | 0 |
| 30 Jun 13 | 27 | -21 | 17 | 0 |
Quality Earnings: AVE is currently unprofitable.
Growing Profit Margin: AVE is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: AVE is unprofitable, and losses have increased over the past 5 years at a rate of 1.8% per year.
Accelerating Growth: Unable to compare AVE's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: AVE is unprofitable, making it difficult to compare its past year earnings growth to the Entertainment industry (-5%).
Return on Equity
High ROE: AVE's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.