VM Investments Past Earnings Performance
Past criteria checks 4/6
VM Investments has been growing earnings at an average annual rate of 1.7%, while the Diversified Financial industry saw earnings growing at 17.2% annually. Revenues have been growing at an average rate of 5.3% per year. VM Investments's return on equity is 14%, and it has net margins of 28.3%.
Key information
1.7%
Earnings growth rate
2.0%
EPS growth rate
| Diversified Financial Industry Growth | 2.3% |
| Revenue growth rate | 5.3% |
| Return on equity | 14.0% |
| Net Margin | 28.3% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How VM Investments 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 Sep 24 | 2,316 | 656 | 1,111 | 0 |
| 30 Jun 24 | 2,264 | 698 | 1,012 | 0 |
| 31 Mar 24 | 2,147 | 689 | 941 | 0 |
| 31 Dec 23 | 1,674 | 199 | 932 | 0 |
| 30 Sep 23 | 2,174 | 566 | 825 | 0 |
| 30 Jun 23 | 2,087 | 499 | 848 | 0 |
| 31 Mar 23 | 2,452 | 696 | 906 | 0 |
| 31 Dec 22 | 2,334 | 717 | 741 | 0 |
| 30 Sep 22 | 1,572 | 168 | 778 | 0 |
| 30 Jun 22 | 1,929 | 427 | 736 | 0 |
| 31 Mar 22 | 1,688 | 366 | 691 | 0 |
| 31 Dec 21 | 1,865 | 440 | 684 | 0 |
| 30 Sep 21 | 2,362 | 684 | 662 | 0 |
| 30 Jun 21 | 2,159 | 527 | 649 | 0 |
| 31 Mar 21 | 2,207 | 560 | 641 | 0 |
| 31 Dec 20 | 1,876 | 434 | 623 | 0 |
| 30 Sep 20 | 1,673 | 462 | 657 | 0 |
| 30 Jun 20 | 1,565 | 516 | 622 | 0 |
| 31 Mar 20 | 1,490 | 443 | 596 | 0 |
| 31 Dec 19 | 1,683 | 598 | 572 | 0 |
| 30 Sep 19 | 1,846 | 654 | 524 | 0 |
| 30 Jun 19 | 1,688 | 554 | 497 | 0 |
| 31 Mar 19 | 1,436 | 437 | 447 | 0 |
| 31 Dec 18 | 1,307 | 398 | 408 | 0 |
| 30 Sep 18 | 1,032 | 314 | 356 | 0 |
| 30 Jun 18 | 972 | 300 | 339 | 0 |
| 31 Mar 18 | 1,020 | 358 | 338 | 0 |
| 31 Dec 17 | 965 | 346 | 323 | 0 |
| 31 Dec 16 | 809 | 317 | 250 | 0 |
| 31 Dec 15 | 809 | 311 | 222 | 0 |
Quality Earnings: VMIL has a large one-off gain of JMD122.0M impacting its last 12 months of financial results to 30th September, 2024.
Growing Profit Margin: VMIL's current net profit margins (28.3%) are higher than last year (26%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: VMIL's earnings have grown by 1.7% per year over the past 5 years.
Accelerating Growth: VMIL's earnings growth over the past year (15.8%) exceeds its 5-year average (1.7% per year).
Earnings vs Industry: VMIL earnings growth over the past year (15.8%) exceeded the Diversified Financial industry 2.4%.
Return on Equity
High ROE: VMIL's Return on Equity (14%) is considered low.