Spring Ventures Past Earnings Performance
Past criteria checks 2/6
Spring Ventures's earnings have been declining at an average annual rate of -21%, while the Capital Markets industry saw earnings growing at 10.7% annually. Revenues have been declining at an average rate of 20.5% per year. Spring Ventures's return on equity is 2.6%, and it has net margins of 22.5%.
Key information
-21.0%
Earnings growth rate
-21.0%
EPS growth rate
| Capital Markets Industry Growth | 15.1% |
| Revenue growth rate | -20.5% |
| Return on equity | 2.6% |
| Net Margin | 22.5% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Do Spring Ventures' (TLV:SPRG) Earnings Warrant Your Attention?
Aug 05
Returns on Capital Paint A Bright Future For Spring Ventures (TLV:SPRG)
Apr 20Spring Ventures' (TLV:SPRG) Returns On Capital Are Heading Higher
Sep 14If You Like EPS Growth Then Check Out Spring Ventures (TLV:SPRG) Before It's Too Late
Jul 11Spring Ventures (TLV:SPRG) Is Experiencing Growth In Returns On Capital
Jun 14Spring Ventures Ltd. (TLV:SPRG) Stock Catapults 35% Though Its Price And Business Still Lag The Market
Mar 29I Ran A Stock Scan For Earnings Growth And Spring Ventures (TLV:SPRG) Passed With Ease
Mar 19Spring Ventures Ltd's (TLV:SPRG) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?
Jan 28
We Like These Underlying Trends At Spring Ventures (TLV:SPRG)
Dec 23Revenue & Expenses Breakdown
How Spring Ventures 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 | 9 | 2 | 5 | 1 |
| 31 Mar 24 | -16 | -17 | 5 | 1 |
| 31 Dec 23 | -41 | -36 | 5 | 1 |
| 30 Sep 23 | -65 | -54 | 4 | 1 |
| 30 Jun 23 | -89 | -72 | 4 | 1 |
| 31 Mar 23 | -22 | -22 | 5 | 1 |
| 31 Dec 22 | 46 | 29 | 6 | 1 |
| 30 Sep 22 | 68 | 46 | 6 | 1 |
| 30 Jun 22 | 90 | 62 | 6 | 1 |
| 31 Mar 22 | 83 | 57 | 6 | 1 |
| 31 Dec 21 | 76 | 53 | 6 | 1 |
| 30 Sep 21 | 82 | 57 | 6 | 1 |
| 30 Jun 21 | 88 | 61 | 6 | 1 |
| 31 Mar 21 | 53 | 35 | 5 | 1 |
| 31 Dec 20 | 19 | 9 | 4 | 1 |
| 30 Sep 20 | 19 | 9 | 4 | 1 |
| 30 Jun 20 | 18 | 9 | 4 | 1 |
| 31 Mar 20 | 15 | 6 | 4 | 1 |
| 31 Dec 19 | 11 | 3 | 4 | 1 |
| 30 Sep 19 | 4 | -3 | 3 | 1 |
| 30 Jun 19 | -3 | -10 | 2 | 1 |
| 31 Mar 19 | 0 | -8 | 3 | 1 |
| 31 Dec 18 | 3 | -5 | 3 | 1 |
| 30 Sep 18 | 6 | -2 | 4 | 1 |
| 30 Jun 18 | 10 | 1 | 5 | 1 |
| 31 Mar 18 | 9 | 0 | 5 | 0 |
| 31 Dec 17 | 8 | -1 | 5 | 0 |
| 30 Sep 17 | 7 | -2 | 6 | 0 |
| 30 Jun 17 | 6 | -2 | 6 | 0 |
| 31 Mar 17 | 6 | 44 | 10 | 1 |
| 31 Dec 16 | 7 | 41 | 11 | 1 |
| 30 Sep 16 | 11 | 40 | 12 | 1 |
| 30 Jun 16 | 14 | 38 | 14 | 2 |
| 31 Mar 16 | 15 | -9 | 12 | 2 |
| 31 Dec 15 | 15 | -7 | 12 | 2 |
| 30 Sep 15 | 15 | -6 | 11 | 2 |
| 30 Jun 15 | 15 | -5 | 11 | 2 |
| 31 Mar 15 | 14 | -3 | 11 | 2 |
| 31 Dec 14 | 12 | -3 | 10 | 2 |
| 30 Sep 14 | 10 | -3 | 9 | 2 |
| 30 Jun 14 | 9 | -2 | 8 | 2 |
| 31 Mar 14 | 8 | -4 | 7 | 1 |
| 31 Dec 13 | 8 | -6 | 10 | 1 |
Quality Earnings: SPRG has a high level of non-cash earnings.
Growing Profit Margin: SPRG became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SPRG has become profitable over the past 5 years, growing earnings by -21% per year.
Accelerating Growth: SPRG has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: SPRG has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (21.4%).
Return on Equity
High ROE: SPRG's Return on Equity (2.6%) is considered low.