Variman Global Enterprises Past Earnings Performance
Past criteria checks 2/6
Variman Global Enterprises has been growing earnings at an average annual rate of 24.4%, while the Electronic industry saw earnings growing at 24.4% annually. Revenues have been growing at an average rate of 18.2% per year. Variman Global Enterprises's return on equity is 4.5%, and it has net margins of 1.2%.
Key information
24.4%
Earnings growth rate
18.3%
EPS growth rate
| Electronic Industry Growth | 28.8% |
| Revenue growth rate | 18.2% |
| Return on equity | 4.5% |
| Net Margin | 1.2% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Variman Global Enterprises 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 | 1,135 | 14 | 51 | 0 |
| 30 Sep 23 | 1,082 | 21 | 49 | 0 |
| 30 Jun 23 | 1,122 | 19 | 47 | 0 |
| 31 Mar 23 | 1,161 | 16 | 46 | 0 |
| 31 Dec 22 | 1,120 | 17 | 41 | 0 |
| 30 Sep 22 | 1,208 | 19 | 41 | 0 |
| 30 Jun 22 | 928 | 9 | 35 | 0 |
| 31 Mar 22 | 767 | 5 | 32 | 0 |
| 31 Dec 21 | 734 | 8 | 32 | 0 |
| 30 Sep 21 | 568 | 4 | 26 | 0 |
| 30 Jun 21 | 655 | 6 | 29 | 0 |
| 31 Mar 21 | 588 | 10 | 29 | 0 |
| 31 Dec 20 | 527 | 6 | 34 | 0 |
| 30 Sep 20 | 532 | 5 | 32 | 0 |
| 30 Jun 20 | 537 | 4 | 29 | 0 |
| 31 Mar 20 | 610 | 6 | 30 | 0 |
| 31 Dec 19 | 952 | 13 | 30 | 0 |
| 30 Sep 19 | 672 | 9 | 22 | 0 |
| 30 Jun 19 | 680 | 9 | 21 | 0 |
| 31 Mar 19 | 496 | 5 | 19 | 0 |
| 31 Dec 18 | 295 | 5 | 8 | 0 |
| 30 Sep 18 | 185 | 1 | 4 | 0 |
| 30 Jun 18 | 30 | 1 | 0 | 0 |
| 31 Mar 18 | 6 | 0 | 0 | 0 |
| 31 Dec 17 | 5 | -5 | 1 | 0 |
| 30 Sep 17 | 7 | -6 | 1 | 0 |
| 30 Jun 17 | 13 | -5 | 1 | 0 |
| 31 Mar 17 | 18 | -4 | 1 | 0 |
| 31 Dec 16 | 17 | -3 | 0 | 0 |
| 30 Sep 16 | 26 | -2 | 0 | 0 |
| 30 Jun 16 | 34 | -1 | 0 | 0 |
| 31 Mar 16 | 33 | 1 | 0 | 0 |
| 31 Dec 15 | 117 | 6 | 0 | 0 |
| 30 Sep 15 | 103 | 6 | 0 | 0 |
| 30 Jun 15 | 91 | 5 | 0 | 0 |
| 31 Mar 15 | 85 | 3 | 0 | 0 |
| 31 Dec 14 | 0 | 0 | 0 | 0 |
| 30 Sep 14 | 0 | 0 | 0 | 0 |
| 30 Jun 14 | 1 | 0 | 0 | 0 |
| 31 Mar 14 | 1 | 1 | 0 | 0 |
| 31 Dec 13 | 1 | 1 | 0 | 0 |
| 30 Sep 13 | 1 | 0 | 0 | 0 |
| 30 Jun 13 | 0 | 0 | 0 | 0 |
Quality Earnings: 540570 has high quality earnings.
Growing Profit Margin: 540570's current net profit margins (1.2%) are lower than last year (1.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 540570's earnings have grown significantly by 24.4% per year over the past 5 years.
Accelerating Growth: 540570's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 540570 had negative earnings growth (-18.7%) over the past year, making it difficult to compare to the Electronic industry average (18.2%).
Return on Equity
High ROE: 540570's Return on Equity (4.5%) is considered low.