Veefin Solutions Past Earnings Performance
Past criteria checks 3/6
Veefin Solutions has been growing earnings at an average annual rate of 55.7%, while the Software industry saw earnings growing at 24.9% annually. Revenues have been growing at an average rate of 79.3% per year. Veefin Solutions's return on equity is 2.6%, and it has net margins of 28.4%.
Key information
55.7%
Earnings growth rate
53.1%
EPS growth rate
| Software Industry Growth | 22.6% |
| Revenue growth rate | 79.3% |
| Return on equity | 2.6% |
| Net Margin | 28.4% |
| Last Earnings Update | 30 Sep 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 |
|---|---|---|---|---|
| 30 Sep 24 | 350 | 99 | 2 | 0 |
| 30 Jun 24 | 300 | 87 | 2 | 0 |
| 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 (28.4%) are lower than last year (29.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 543931's earnings have grown significantly by 55.7% per year over the past 5 years.
Accelerating Growth: 543931's earnings growth over the past year (70.4%) exceeds its 5-year average (55.7% per year).
Earnings vs Industry: 543931 earnings growth over the past year (70.4%) exceeded the Software industry 29.9%.
Return on Equity
High ROE: 543931's Return on Equity (2.6%) is considered low.