PROVEN Group Past Earnings Performance
Past criteria checks 3/6
PROVEN Group's earnings have been declining at an average annual rate of -27.4%, while the Capital Markets industry saw earnings growing at 1.9% annually. Revenues have been growing at an average rate of 34.4% per year. PROVEN Group's return on equity is 6.6%, and it has net margins of 6.9%.
Key information
-27.4%
Earnings growth rate
-30.9%
EPS growth rate
| Capital Markets Industry Growth | 8.9% |
| Revenue growth rate | 34.4% |
| Return on equity | 6.6% |
| Net Margin | 6.9% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How PROVEN Group 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 | 142 | 10 | 25 | 0 |
| 30 Sep 23 | 146 | -3 | 25 | 0 |
| 30 Jun 23 | 162 | -3 | 24 | 0 |
| 31 Mar 23 | 159 | -5 | 23 | 0 |
| 31 Dec 22 | 178 | 5 | 8 | 0 |
| 30 Sep 22 | 152 | 8 | 10 | 0 |
| 30 Jun 22 | 96 | 12 | 12 | 0 |
| 31 Mar 22 | 85 | 12 | 13 | 0 |
| 31 Dec 21 | 40 | 15 | 19 | 0 |
| 30 Sep 21 | 34 | 13 | 15 | 0 |
| 30 Jun 21 | 33 | 12 | 12 | 0 |
| 31 Mar 21 | 32 | 12 | 10 | 0 |
| 31 Dec 20 | 40 | 9 | 7 | 0 |
| 30 Sep 20 | 42 | 10 | 8 | 0 |
| 30 Jun 20 | 46 | 29 | 11 | 0 |
| 31 Mar 20 | 52 | 30 | 14 | 0 |
| 31 Dec 19 | 44 | 29 | 17 | 0 |
| 30 Sep 19 | 48 | 28 | 18 | 0 |
| 30 Jun 19 | 45 | 7 | 16 | 0 |
| 31 Mar 19 | 42 | 7 | 13 | 0 |
| 31 Dec 18 | 46 | 6 | 13 | 0 |
| 30 Sep 18 | 43 | 6 | 11 | 0 |
| 30 Jun 18 | 44 | 6 | 10 | 0 |
| 31 Mar 18 | 45 | 6 | 10 | 0 |
| 30 Sep 16 | 32 | 3 | 6 | 0 |
| 30 Jun 16 | 30 | 3 | 6 | 0 |
| 31 Mar 16 | 30 | 2 | 6 | 0 |
| 31 Dec 15 | 28 | 3 | 8 | 0 |
| 30 Sep 15 | 28 | 5 | 7 | 0 |
| 30 Jun 15 | 26 | 4 | 5 | 0 |
| 31 Mar 15 | 22 | 5 | 3 | 0 |
| 31 Dec 14 | 20 | 6 | 4 | 0 |
| 30 Sep 14 | 17 | 5 | 3 | 0 |
| 30 Jun 14 | 14 | 5 | 2 | 0 |
| 31 Mar 14 | 12 | 4 | 2 | 0 |
| 31 Dec 13 | 12 | 4 | 3 | 0 |
| 30 Sep 13 | 12 | 4 | 2 | 0 |
| 30 Jun 13 | 13 | 4 | 2 | 0 |
| 31 Mar 13 | 13 | 4 | 2 | 0 |
Quality Earnings: PROVENJA has a large one-off loss of $8.9M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: PROVENJA's current net profit margins (6.9%) are higher than last year (2.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: PROVENJA's earnings have declined by 27.4% per year over the past 5 years.
Accelerating Growth: PROVENJA's earnings growth over the past year (90.1%) exceeds its 5-year average (-27.4% per year).
Earnings vs Industry: PROVENJA earnings growth over the past year (90.1%) exceeded the Capital Markets industry 90.1%.
Return on Equity
High ROE: PROVENJA's Return on Equity (6.6%) is considered low.