Vera Synthetic Past Earnings Performance
Past criteria checks 1/6
Vera Synthetic's earnings have been declining at an average annual rate of -5.9%, while the Luxury industry saw earnings growing at 18.3% annually. Revenues have been growing at an average rate of 5.1% per year. Vera Synthetic's return on equity is 2.6%, and it has net margins of 1.1%.
Key information
-5.9%
Earnings growth rate
-7.7%
EPS growth rate
| Luxury Industry Growth | 17.6% |
| Revenue growth rate | 5.1% |
| Return on equity | 2.6% |
| Net Margin | 1.1% |
| Last Earnings Update | 30 Sep 2023 |
Recent past performance updates
Recent updates
Is Weakness In Vera Synthetic Limited (NSE:VERA) Stock A Sign That The Market Could be Wrong Given Its Strong Financial Prospects?
Mar 17
Calculating The Intrinsic Value Of Vera Synthetic Limited (NSE:VERA)
Jan 21
Is Weakness In Vera Synthetic Limited (NSE:VERA) Stock A Sign That The Market Could be Wrong Given Its Strong Financial Prospects?
Nov 20Revenue & Expenses BreakdownBeta
How Vera Synthetic 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 | 428 | 5 | 48 | 0 |
| 30 Jun 23 | 418 | 12 | 47 | 0 |
| 31 Mar 23 | 409 | 18 | 45 | 0 |
| 31 Dec 22 | 391 | 22 | 43 | 0 |
| 30 Sep 22 | 372 | 25 | 41 | 0 |
| 30 Jun 22 | 361 | 22 | 39 | 0 |
| 31 Mar 22 | 352 | 20 | 36 | 0 |
| 31 Dec 21 | 330 | 15 | 42 | 0 |
| 30 Sep 21 | 308 | 11 | 48 | 0 |
| 30 Jun 21 | 295 | 15 | 50 | 0 |
| 31 Mar 21 | 281 | 19 | 52 | 0 |
| 30 Sep 20 | 302 | 23 | 48 | 0 |
| 30 Jun 20 | 318 | 21 | 48 | 0 |
| 31 Mar 20 | 334 | 19 | 47 | 0 |
| 31 Dec 19 | 336 | 15 | 44 | 0 |
| 30 Sep 19 | 338 | 12 | 41 | 0 |
| 30 Jun 19 | 340 | 13 | 39 | 0 |
| 31 Mar 19 | 341 | 14 | 36 | 0 |
| 31 Dec 18 | 324 | 23 | 33 | 0 |
| 30 Sep 18 | 307 | 31 | 31 | 0 |
| 30 Jun 18 | 265 | 21 | 28 | 0 |
| 31 Mar 18 | 223 | 11 | 24 | 0 |
| 31 Mar 17 | 184 | 4 | 19 | 0 |
| 31 Mar 16 | 219 | 3 | 12 | 0 |
| 31 Mar 15 | 243 | 0 | 13 | 0 |
| 31 Mar 14 | 196 | 3 | 14 | 0 |
| 31 Mar 13 | 219 | 2 | 12 | 0 |
Quality Earnings: VERA has high quality earnings.
Growing Profit Margin: VERA's current net profit margins (1.1%) are lower than last year (6.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: VERA's earnings have declined by 5.9% per year over the past 5 years.
Accelerating Growth: VERA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: VERA had negative earnings growth (-80.7%) over the past year, making it difficult to compare to the Luxury industry average (-12.8%).
Return on Equity
High ROE: VERA's Return on Equity (2.6%) is considered low.