Veefin Solutions Past Earnings Performance
Past criteria checks 1/6
Veefin Solutions has been growing earnings at an average annual rate of 80.2%, while the Software industry saw earnings growing at 23.3% annually. Revenues have been growing at an average rate of 69.2% per year. Veefin Solutions's return on equity is 5.9%, and it has net margins of 29.6%.
Key information
80.2%
Earnings growth rate
77.0%
EPS growth rate
| Software Industry Growth | 22.6% |
| Revenue growth rate | 69.2% |
| Return on equity | 5.9% |
| Net Margin | 29.6% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Veefin 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 |
|---|---|---|---|---|
| 31 Mar 24 | 250 | 74 | 2 | 0 |
| 31 Mar 23 | 141 | 43 | 4 | 0 |
| 31 Mar 22 | 65 | 9 | 1 | 0 |
| 31 Mar 21 | 8 | 1 | 0 | 0 |
Quality Earnings: 543931 has a high level of non-cash earnings.
Growing Profit Margin: 543931's current net profit margins (29.6%) are lower than last year (30.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if 543931's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Insufficient data to compare 543931's past year earnings growth to its 5-year average.
Earnings vs Industry: 543931 earnings growth over the past year (73%) exceeded the Software industry 32.4%.
Return on Equity
High ROE: 543931's Return on Equity (5.9%) is considered low.