VNE Past Earnings Performance
Past criteria checks 0/6
VNE has been growing earnings at an average annual rate of 17.4%, while the Tech industry saw earnings growing at 10.8% annually. Revenues have been declining at an average rate of 2.1% per year.
Key information
17.4%
Earnings growth rate
16.6%
EPS growth rate
| Tech Industry Growth | -10.2% |
| Revenue growth rate | -2.1% |
| Return on equity | -2.8% |
| Net Margin | -3.0% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Revenue & Expenses Breakdown
How VNE 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 Jun 24 | 14 | 0 | 3 | 0 |
| 31 Mar 24 | 14 | -1 | 3 | 0 |
| 31 Dec 23 | 13 | -1 | 3 | 0 |
| 31 Dec 22 | 16 | 0 | 3 | 0 |
| 31 Dec 21 | 10 | 0 | 2 | 0 |
Quality Earnings: VNE is currently unprofitable.
Growing Profit Margin: VNE is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if VNE's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Unable to compare VNE's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: VNE is unprofitable, making it difficult to compare its past year earnings growth to the Tech industry (49.4%).
Return on Equity
High ROE: VNE has a negative Return on Equity (-2.8%), as it is currently unprofitable.