HVA Foods Past Earnings Performance

Past criteria checks 0/6

HVA Foods has been growing earnings at an average annual rate of 17.2%, while the Food industry saw earnings growing at 39.7% annually. Revenues have been growing at an average rate of 17.2% per year.

Key information

17.2%

Earnings growth rate

28.4%

EPS growth rate

Food Industry Growth	38.6%
Revenue growth rate	17.2%
Return on equity	n/a
Net Margin	-4.3%
Last Earnings Update	31 Dec 2023

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown
Beta

How HVA Foods makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

COSE:HVA.N0000 Revenue, expenses and earnings (LKR Millions)
Date	Revenue	Earnings	G+A Expenses
31 Dec 23	1,846	-80	198
30 Sep 23	1,759	-101	214
30 Jun 23	1,872	-145	213
31 Mar 23	2,354	-46	191
31 Dec 22	2,240	-217	312
30 Sep 22	2,319	-186	277
30 Jun 22	1,753	-237	325
31 Mar 22	1,261	-229	333
31 Dec 21	1,270	-131	174
30 Sep 21	935	-24	52
30 Jun 21	1,238	81	-7
31 Mar 21	1,164	79	-26
31 Dec 20	1,154	43	9
30 Sep 20	1,316	-54	130
30 Jun 20	836	-102	126
31 Mar 20	850	-126	133
31 Dec 19	995	-382	404
30 Sep 19	1,024	-392	416
30 Jun 19	1,149	-372	423
31 Mar 19	1,097	-367	425
31 Dec 18	1,129	-39	134
30 Sep 18	1,094	5	142
30 Jun 18	1,093	32	138
31 Mar 18	1,274	44	118
31 Dec 17	1,125	15	130
30 Sep 17	1,026	-9	128
30 Jun 17	1,017	-20	138
31 Mar 17	884	-21	144
31 Dec 16	901	-22	149
30 Sep 16	873	-24	159
30 Jun 16	839	-24	161
31 Mar 16	780	-20	161
31 Dec 15	680	-9	167
30 Sep 15	756	1	171
30 Jun 15	802	4	175
31 Mar 15	824	-2	175
31 Dec 14	815	-21	169
30 Sep 14	752	-29	162
30 Jun 14	719	-34	151
31 Mar 14	724	-17	144
31 Dec 13	759	-2	143
30 Sep 13	757	10	139
30 Jun 13	752	27	137

Quality Earnings: HVA.N0000 is currently unprofitable.

Growing Profit Margin: HVA.N0000 is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: HVA.N0000 is unprofitable, but has reduced losses over the past 5 years at a rate of 17.2% per year.

Accelerating Growth: Unable to compare HVA.N0000's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: HVA.N0000 is unprofitable, making it difficult to compare its past year earnings growth to the Food industry (-48.1%).

Return on Equity

High ROE: HVA.N0000's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.

HVA Foods Past Earnings Performance

Past criteria checks 0/6

Key information

Recent past performance updates

Third quarter 2024 earnings released: LK₨0.34 loss per share (vs LK₨0.52 loss in 3Q 2023)

Second quarter 2024 earnings released: EPS: LK₨0 (vs LK₨0.38 loss in 2Q 2023)

First quarter 2024 earnings released: LK₨0.88 loss per share (vs LK₨0.03 loss in 1Q 2023)

Full year 2023 earnings released: LK₨0.39 loss per share (vs LK₨3.45 loss in FY 2022)

Third quarter 2023 earnings released: LK₨0.52 loss per share (vs LK₨0.45 loss in 3Q 2022)

Second quarter 2023 earnings released: LK₨0.38 loss per share (vs LK₨1.42 loss in 2Q 2022)

Recent updates

Third quarter 2024 earnings released: LK₨0.34 loss per share (vs LK₨0.52 loss in 3Q 2023)

Second quarter 2024 earnings released: EPS: LK₨0 (vs LK₨0.38 loss in 2Q 2023)

New major risk - Share price stability

Less than half of directors are independent

New major risk - Negative shareholders equity

First quarter 2024 earnings released: LK₨0.88 loss per share (vs LK₨0.03 loss in 1Q 2023)

Less than half of directors are independent

Full year 2023 earnings released: LK₨0.39 loss per share (vs LK₨3.45 loss in FY 2022)

Third quarter 2023 earnings released: LK₨0.52 loss per share (vs LK₨0.45 loss in 3Q 2022)

Second quarter 2023 earnings released: LK₨0.38 loss per share (vs LK₨1.42 loss in 2Q 2022)

Insider recently bought LK₨501k worth of stock

HVA Foods PLC, Annual General Meeting, Sep 28, 2022

HVA Foods PLC, Annual General Meeting, Sep 28, 2022

First quarter 2023 earnings released: LK₨0.03 loss per share (vs LK₨0.06 profit in 1Q 2022)

Insider recently bought LK₨450k worth of stock

Full year 2022 earnings released: LK₨3.71 loss per share (vs LK₨1.18 profit in FY 2021)

HVA Foods PLC has completed a Follow-on Equity Offering in the amount of LKR 249.107475 million.

Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Second quarter 2022 earnings released: LK₨1.42 loss per share (vs LK₨1.18 profit in 2Q 2021)

First quarter 2022 earnings released: EPS LK₨0.06 (vs LK₨0.03 in 1Q 2021)

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Full year 2021 earnings released: EPS LK₨1.57 (vs LK₨1.89 loss in FY 2020)

New 90-day low: LK₨5.10

HVA Foods PLC, Annual General Meeting, Mar 13, 2021

Third quarter 2021 earnings released: EPS LK₨1.16 (vs LK₨0.30 loss in 3Q 2020)

New 90-day low: LK₨5.80

HVA Foods plc Announces Board Changes

George Steuart & Company Limited made an offer to acquire HVA Foods PLC (COSE:HVA.N0000) from HVA Group, Divasa Equity (Pvt) Ltd, Lake Drive Holdings (Private) Limited and others for approximately LKR 230 million.

New 90-day high: LK₨7.20

New 90-day high: LK₨4.40

Full year earnings released - LK₨2.04 loss per share

Revenue & Expenses BreakdownBeta

Earnings and Revenue History

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Return on Equity

Return on Assets

Return on Capital Employed

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