Convergenze. Società Benefit Past Earnings Performance
Past criteria checks 0/6
Convergenze. Società Benefit's earnings have been declining at an average annual rate of -62.6%, while the Telecom industry saw earnings growing at 18.7% annually. Revenues have been growing at an average rate of 20.8% per year.
Key information
-62.6%
Earnings growth rate
-98.8%
EPS growth rate
| Telecom Industry Growth | 20.3% |
| Revenue growth rate | 20.8% |
| Return on equity | -6.2% |
| Net Margin | -1.2% |
| Last Earnings Update | 30 Jun 2023 |
Recent past performance updates
Recent updates
Convergenze S.p.A. Società Benefit's (BIT:CVG) Intrinsic Value Is Potentially 35% Above Its Share Price
Jan 24
Convergenze S.p.A. Società Benefit's (BIT:CVG) Price Is Right But Growth Is Lacking After Shares Rocket 28%
Dec 18Convergenze. Società Benefit (BIT:CVG) Will Be Hoping To Turn Its Returns On Capital Around
Oct 26There Is A Reason Convergenze S.p.A. Società Benefit's (BIT:CVG) Price Is Undemanding
Sep 21Convergenze. Società Benefit (BIT:CVG) Is Reinvesting At Lower Rates Of Return
Mar 08Revenue & Expenses BreakdownBeta
How Convergenze. Società Benefit 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 23 | 26 | 0 | 3 | 0 |
| 31 Mar 23 | 27 | -1 | 3 | 0 |
| 31 Dec 22 | 28 | -1 | 3 | 0 |
| 30 Sep 22 | 25 | -1 | 3 | 0 |
| 30 Jun 22 | 22 | -1 | 3 | 0 |
| 31 Mar 22 | 20 | 0 | 3 | 0 |
| 31 Dec 21 | 18 | 0 | 3 | 0 |
| 30 Sep 21 | 18 | 0 | 3 | 0 |
| 30 Jun 21 | 17 | 1 | 3 | 0 |
| 31 Mar 21 | 17 | 1 | 2 | 0 |
| 31 Dec 20 | 16 | 1 | 2 | 0 |
| 30 Sep 20 | 16 | 1 | 2 | 0 |
| 30 Jun 20 | 16 | 1 | 2 | 0 |
| 31 Mar 20 | 17 | 1 | 2 | 0 |
| 31 Dec 19 | 17 | 1 | 2 | 0 |
| 31 Dec 18 | 14 | 0 | 2 | 0 |
| 31 Dec 17 | 12 | 0 | 1 | 0 |
Quality Earnings: CVG is currently unprofitable.
Growing Profit Margin: CVG is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CVG is unprofitable, and losses have increased over the past 5 years at a rate of 62.6% per year.
Accelerating Growth: Unable to compare CVG's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CVG is unprofitable, making it difficult to compare its past year earnings growth to the Telecom industry (-5.6%).
Return on Equity
High ROE: CVG has a negative Return on Equity (-6.19%), as it is currently unprofitable.