Virtual Global Education Past Earnings Performance
Past criteria checks 0/6
Virtual Global Education's earnings have been declining at an average annual rate of -49.3%, while the Consumer Services industry saw earnings growing at 40.5% annually. Revenues have been declining at an average rate of 79.8% per year.
Key information
-49.3%
Earnings growth rate
-116.0%
EPS growth rate
| Consumer Services Industry Growth | 30.4% |
| Revenue growth rate | -79.8% |
| Return on equity | -2.7% |
| Net Margin | -584.5% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Virtual Global Education 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 | 3 | -17 | 0 | 0 |
| 30 Jun 24 | 0 | -19 | 0 | 0 |
| 31 Mar 24 | 0 | -18 | 0 | 0 |
| 31 Dec 23 | 0 | -2 | 0 | 0 |
| 30 Sep 23 | 0 | -1 | 0 | 0 |
| 30 Jun 23 | 0 | 3 | 0 | 0 |
| 31 Mar 23 | 0 | 6 | 0 | 0 |
| 31 Dec 22 | 0 | 10 | 0 | 0 |
| 30 Sep 22 | 0 | 9 | 0 | 0 |
| 30 Jun 22 | 1 | 7 | 0 | 0 |
| 31 Mar 22 | 1 | 4 | 0 | 0 |
| 31 Dec 21 | 2 | 2 | 0 | 0 |
| 30 Sep 21 | 4 | 2 | 0 | 0 |
| 30 Jun 21 | 5 | 3 | 0 | 0 |
| 31 Mar 21 | 7 | 3 | 0 | 0 |
| 31 Dec 20 | 12 | 2 | 0 | 0 |
| 30 Sep 20 | 20 | 2 | 0 | 0 |
| 30 Jun 20 | 26 | 2 | 0 | 0 |
| 31 Mar 20 | 34 | 3 | 0 | 0 |
| 31 Dec 19 | 37 | 3 | 2 | 0 |
| 30 Sep 19 | 45 | 2 | 2 | 0 |
| 30 Jun 19 | 84 | 3 | 0 | 0 |
| 31 Mar 19 | 121 | 5 | 2 | 0 |
| 31 Dec 18 | 147 | -3 | 4 | 0 |
| 30 Sep 18 | 216 | 2 | 4 | 0 |
| 30 Jun 18 | 270 | 9 | 0 | 0 |
| 31 Mar 18 | 366 | 24 | 4 | 0 |
| 31 Dec 17 | 435 | 30 | 4 | 0 |
| 30 Sep 17 | 441 | 32 | 4 | 0 |
| 30 Jun 17 | 439 | 32 | 0 | 0 |
| 31 Mar 17 | 376 | 22 | 4 | 0 |
| 31 Dec 16 | 372 | 23 | 4 | 0 |
| 30 Sep 16 | 371 | 23 | 4 | 0 |
| 30 Jun 16 | 368 | 23 | 0 | 0 |
| 31 Mar 16 | 363 | 23 | 4 | 0 |
| 31 Dec 15 | 310 | 25 | 9 | 0 |
| 30 Sep 15 | 250 | 17 | 9 | 0 |
| 30 Jun 15 | 175 | 9 | 0 | 0 |
| 31 Mar 15 | 126 | 1 | 1 | 0 |
| 31 Dec 14 | 108 | 1 | 5 | 0 |
| 30 Sep 14 | 101 | 1 | 5 | 0 |
| 30 Jun 14 | 95 | 1 | 5 | 0 |
| 31 Mar 14 | 94 | 1 | 5 | 0 |
| 31 Dec 13 | 91 | 1 | 8 | 0 |
Quality Earnings: 534741 is currently unprofitable.
Growing Profit Margin: 534741 is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 534741 is unprofitable, and losses have increased over the past 5 years at a rate of 49.3% per year.
Accelerating Growth: Unable to compare 534741's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 534741 is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Services industry (60%).
Return on Equity
High ROE: 534741 has a negative Return on Equity (-2.65%), as it is currently unprofitable.