VL E-Governance & IT Solutions Past Earnings Performance
Past criteria checks 0/6
VL E-Governance & IT Solutions's earnings have been declining at an average annual rate of -1775.4%, while the Professional Services industry saw earnings growing at 24.2% annually. Revenues have been declining at an average rate of 97.3% per year.
Key information
-1,775.4%
Earnings growth rate
-1,748.1%
EPS growth rate
| Professional Services Industry Growth | 19.8% |
| Revenue growth rate | -97.3% |
| Return on equity | -6.7% |
| Net Margin | -1,552.6% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Revenue & Expenses Breakdown
How VL E-Governance & IT Solutions 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 24 | 105 | -1,631 | 1 | 0 |
| 30 Jun 24 | 245 | -1,649 | 0 | 0 |
| 31 Mar 24 | 220 | -1,699 | 1 | 0 |
| 31 Dec 23 | 1,871 | -99 | 0 | 0 |
| 30 Sep 23 | 3,887 | -87 | 0 | 0 |
| 30 Jun 23 | 5,520 | -30 | 0 | 0 |
| 31 Mar 23 | 7,295 | 59 | 0 | 0 |
Quality Earnings: VLEGOV is currently unprofitable.
Growing Profit Margin: VLEGOV is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Unable to establish if VLEGOV's year-on-year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.
Accelerating Growth: Unable to compare VLEGOV's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: VLEGOV is unprofitable, making it difficult to compare its past year earnings growth to the Professional Services industry (18.6%).
Return on Equity
High ROE: VLEGOV has a negative Return on Equity (-6.66%), as it is currently unprofitable.