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COVER 50 Past Earnings Performance
Past criteria checks 4/6
COVER 50's earnings have been declining at an average annual rate of -3.4%, while the Luxury industry saw earnings growing at 9.4% annually. Revenues have been declining at an average rate of 2.5% per year. COVER 50's return on equity is 12.6%, and it has net margins of 12.9%.
Key information
-3.4%
Earnings growth rate
-3.4%
EPS growth rate
| Luxury Industry Growth | 15.4% |
| Revenue growth rate | -2.5% |
| Return on equity | 12.6% |
| Net Margin | 12.9% |
| Last Earnings Update | 31 Dec 2022 |
Recent past performance updates
Recent updates
Returns On Capital At COVER 50 (BIT:COV) Paint A Concerning Picture
Jun 14
The Returns At COVER 50 (BIT:COV) Provide Us With Signs Of What's To Come
Mar 15Can COVER 50 S.p.A.'s (BIT:COV) Weak Financials Pull The Plug On The Stock's Current Momentum On Its Share Price?
Feb 08
Our Take On The Returns On Capital At COVER 50 (BIT:COV)
Dec 15Revenue & Expenses BreakdownBeta
How COVER 50 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 22 | 30 | 4 | 5 | 0 |
| 30 Sep 22 | 29 | 4 | 5 | 0 |
| 30 Jun 22 | 28 | 4 | 4 | 0 |
| 31 Mar 22 | 26 | 3 | 4 | 0 |
| 31 Dec 21 | 24 | 3 | 4 | 0 |
| 30 Sep 21 | 23 | 2 | 4 | 0 |
| 30 Jun 21 | 23 | 1 | 4 | 0 |
| 31 Mar 21 | 22 | 1 | 4 | 0 |
| 31 Dec 20 | 22 | 1 | 4 | 0 |
| 30 Sep 20 | 24 | 1 | 4 | 0 |
| 30 Jun 20 | 25 | 2 | 4 | 0 |
| 31 Mar 20 | 28 | 2 | 4 | 0 |
| 31 Dec 19 | 30 | 3 | 4 | 0 |
| 30 Sep 19 | 30 | 3 | 5 | 0 |
| 30 Jun 19 | 30 | 3 | 5 | 0 |
| 31 Mar 19 | 30 | 4 | 4 | 0 |
| 31 Dec 18 | 30 | 4 | 4 | 0 |
| 30 Sep 18 | 29 | 4 | 4 | 0 |
| 30 Jun 18 | 29 | 3 | 4 | 0 |
| 31 Mar 18 | 28 | 3 | 4 | 0 |
| 31 Dec 17 | 28 | 3 | 4 | 0 |
| 30 Sep 17 | 27 | 3 | 4 | 0 |
| 30 Jun 17 | 26 | 3 | 4 | 0 |
| 31 Mar 17 | 26 | 3 | 4 | 0 |
| 31 Dec 16 | 25 | 3 | 4 | 0 |
| 30 Sep 16 | 25 | 4 | 4 | 0 |
| 30 Jun 16 | 25 | 4 | 3 | 0 |
| 31 Mar 16 | 25 | 4 | 3 | 0 |
| 31 Dec 15 | 25 | 4 | 3 | 0 |
| 30 Sep 15 | 25 | 4 | 3 | 0 |
| 30 Jun 15 | 24 | 4 | 3 | 0 |
| 31 Mar 15 | 24 | 4 | 3 | 0 |
| 31 Dec 14 | 24 | 4 | 3 | 0 |
| 31 Dec 13 | 22 | 4 | 3 | 0 |
| 31 Dec 12 | 21 | 3 | 2 | 0 |
Quality Earnings: CVR50 has high quality earnings.
Growing Profit Margin: CVR50's current net profit margins (12.9%) are higher than last year (10.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CVR50's earnings have declined by 3.4% per year over the past 5 years.
Accelerating Growth: CVR50's earnings growth over the past year (54.5%) exceeds its 5-year average (-3.4% per year).
Earnings vs Industry: CVR50 earnings growth over the past year (54.5%) exceeded the Luxury industry -9.2%.
Return on Equity
High ROE: CVR50's Return on Equity (12.6%) is considered low.