Vedavaag Systems Past Earnings Performance
Past criteria checks 2/6
Vedavaag Systems's earnings have been declining at an average annual rate of -3.9%, while the Software industry saw earnings growing at 22.3% annually. Revenues have been growing at an average rate of 4.2% per year. Vedavaag Systems's return on equity is 5.5%, and it has net margins of 8.7%.
Key information
-3.9%
Earnings growth rate
-4.3%
EPS growth rate
| Software Industry Growth | 22.6% |
| Revenue growth rate | 4.2% |
| Return on equity | 5.5% |
| Net Margin | 8.7% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Vedavaag Systems 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 |
|---|---|---|---|---|
| 31 Dec 23 | 831 | 72 | 6 | 0 |
| 30 Sep 23 | 851 | 77 | 6 | 0 |
| 30 Jun 23 | 781 | 70 | 0 | 0 |
| 31 Mar 23 | 844 | 79 | 6 | 0 |
| 31 Dec 22 | 938 | 75 | 5 | 0 |
| 30 Sep 22 | 983 | 84 | 5 | 0 |
| 30 Jun 22 | 964 | 85 | 0 | 0 |
| 31 Mar 22 | 955 | 83 | 5 | 0 |
| 31 Dec 21 | 919 | 92 | 3 | 0 |
| 30 Sep 21 | 903 | 89 | 3 | 0 |
| 30 Jun 21 | 825 | 79 | 0 | 0 |
| 31 Mar 21 | 722 | 70 | 3 | 0 |
| 31 Dec 20 | 788 | 54 | 4 | 0 |
| 30 Sep 20 | 707 | 56 | 0 | 0 |
| 30 Jun 20 | 728 | 56 | 0 | 0 |
| 31 Mar 20 | 772 | 62 | 4 | 0 |
| 31 Dec 19 | 890 | 87 | 7 | 0 |
| 30 Sep 19 | 844 | 89 | 7 | 0 |
| 30 Jun 19 | 789 | 100 | 0 | 0 |
| 31 Mar 19 | 773 | 100 | 7 | 0 |
| 31 Dec 18 | 566 | 113 | 6 | 0 |
| 30 Sep 18 | 719 | 122 | 6 | 0 |
| 30 Jun 18 | 796 | 134 | 0 | 0 |
| 31 Mar 18 | 917 | 150 | 6 | 0 |
| 31 Dec 17 | 1,176 | 146 | 5 | 0 |
| 30 Jun 17 | 1,139 | 122 | 0 | 0 |
| 31 Mar 17 | 1,005 | 103 | 4 | 0 |
| 31 Dec 16 | 702 | 77 | 4 | 0 |
| 30 Jun 16 | 854 | 62 | 0 | 0 |
| 31 Mar 16 | 834 | 54 | 4 | 0 |
| 31 Dec 15 | 967 | 53 | 8 | 0 |
| 30 Sep 15 | 925 | 47 | 8 | 0 |
| 30 Jun 15 | 703 | 32 | 0 | 0 |
| 31 Mar 15 | 666 | 29 | 4 | 0 |
| 31 Dec 14 | 631 | 23 | 4 | 0 |
| 30 Sep 14 | 604 | 26 | 4 | 0 |
| 30 Jun 14 | 635 | 26 | 0 | 0 |
| 31 Mar 14 | 625 | 25 | 4 | 0 |
| 31 Dec 13 | 533 | 32 | 78 | 0 |
| 30 Sep 13 | 453 | 30 | 78 | 0 |
| 30 Jun 13 | 516 | 38 | 78 | 0 |
Quality Earnings: 533056 has high quality earnings.
Growing Profit Margin: 533056's current net profit margins (8.7%) are higher than last year (8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 533056's earnings have declined by 3.9% per year over the past 5 years.
Accelerating Growth: 533056's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 533056 had negative earnings growth (-4.2%) over the past year, making it difficult to compare to the Software industry average (28.1%).
Return on Equity
High ROE: 533056's Return on Equity (5.5%) is considered low.