Virnect Past Earnings Performance
Past criteria checks 0/6
Virnect's earnings have been declining at an average annual rate of -8.1%, while the Software industry saw earnings growing at 10.2% annually. Revenues have been growing at an average rate of 18.8% per year.
Key information
-8.1%
Earnings growth rate
35.8%
EPS growth rate
| Software Industry Growth | 14.6% |
| Revenue growth rate | 18.8% |
| Return on equity | -31.0% |
| Net Margin | -173.1% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
No updates
Revenue & Expenses Breakdown
How Virnect 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 | 6,333 | -10,963 | 8,155 | 7,194 |
| 30 Jun 24 | 6,301 | -11,068 | 8,760 | 7,210 |
| 31 Mar 24 | 6,260 | -11,047 | 8,570 | 7,182 |
| 31 Dec 23 | 6,502 | -10,357 | 8,350 | 6,917 |
| 30 Sep 23 | 5,153 | -13,459 | 9,480 | 6,766 |
| 31 Mar 23 | 5,166 | -11,376 | 10,639 | 6,006 |
| 31 Dec 22 | 5,056 | -8,481 | 10,549 | 6,353 |
| 31 Dec 21 | 3,569 | -8,976 | 5,269 | 2,018 |
Quality Earnings: A438700 is currently unprofitable.
Growing Profit Margin: A438700 is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if A438700's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Unable to compare A438700's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: A438700 is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (-2.5%).
Return on Equity
High ROE: A438700 has a negative Return on Equity (-31.04%), as it is currently unprofitable.