Vitafoam Nigeria Past Earnings Performance
Past criteria checks 2/6
Vitafoam Nigeria has been growing earnings at an average annual rate of 16.1%, while the Consumer Durables industry saw earnings growing at 12.2% annually. Revenues have been growing at an average rate of 23.1% per year. Vitafoam Nigeria's return on equity is 22.2%, and it has net margins of 6.4%.
Key information
16.1%
Earnings growth rate
16.3%
EPS growth rate
| Consumer Durables Industry Growth | 9.9% |
| Revenue growth rate | 23.1% |
| Return on equity | 22.2% |
| Net Margin | 6.4% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Vitafoam Nigeria 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 | 57,938 | 3,731 | 12,680 | 0 |
| 30 Sep 23 | 52,986 | 3,939 | 11,115 | 0 |
| 30 Jun 23 | 50,924 | 3,338 | 10,730 | 0 |
| 31 Mar 23 | 48,113 | 3,789 | 9,598 | 0 |
| 31 Dec 22 | 48,804 | 4,328 | 8,975 | 0 |
| 30 Sep 22 | 46,310 | 4,223 | 8,202 | 0 |
| 30 Jun 22 | 44,227 | 5,392 | 7,100 | 0 |
| 31 Mar 22 | 42,036 | 5,261 | 6,374 | 0 |
| 31 Dec 21 | 39,066 | 4,822 | 6,170 | 0 |
| 30 Sep 21 | 35,404 | 4,237 | 5,768 | 0 |
| 30 Jun 21 | 33,286 | 4,592 | 5,882 | 0 |
| 31 Mar 21 | 29,427 | 4,307 | 5,458 | 0 |
| 31 Dec 20 | 25,888 | 3,698 | 5,072 | 0 |
| 30 Sep 20 | 23,444 | 3,621 | 5,070 | 0 |
| 30 Jun 20 | 21,747 | 3,345 | 4,693 | 0 |
| 31 Mar 20 | 22,633 | 3,232 | 4,995 | 0 |
| 31 Dec 19 | 21,388 | 2,908 | 4,717 | 0 |
| 30 Sep 19 | 22,283 | 2,360 | 4,574 | 0 |
| 30 Jun 19 | 21,060 | 1,220 | 4,645 | 0 |
| 31 Mar 19 | 20,426 | 1,098 | 4,303 | 0 |
| 31 Dec 18 | 21,038 | 900 | 4,229 | 0 |
| 30 Sep 18 | 19,534 | 590 | 4,043 | 0 |
| 30 Jun 18 | 18,934 | 219 | 4,182 | 0 |
| 31 Mar 18 | 17,263 | -5 | 3,860 | 0 |
| 31 Dec 17 | 17,204 | -74 | 3,975 | 0 |
| 30 Sep 17 | 17,696 | -152 | 3,962 | 0 |
| 30 Jun 17 | 17,341 | 265 | 3,968 | 0 |
| 31 Mar 17 | 16,674 | 170 | 3,926 | 0 |
| 31 Dec 16 | 14,444 | -215 | 3,885 | 0 |
| 30 Sep 16 | 13,570 | -39 | 3,937 | 0 |
| 30 Jun 16 | 14,003 | -542 | 3,868 | 0 |
| 31 Mar 16 | 15,579 | -501 | 4,416 | 0 |
| 31 Dec 15 | 16,660 | -66 | 4,386 | 0 |
| 30 Sep 15 | 16,853 | -37 | 4,511 | 0 |
| 30 Jun 15 | 17,212 | 244 | 4,150 | 0 |
| 31 Mar 15 | 17,181 | 445 | 4,047 | 0 |
| 31 Dec 14 | 17,037 | 478 | 4,095 | 0 |
| 30 Sep 14 | 16,713 | 519 | 3,958 | 0 |
| 30 Jun 14 | 17,157 | 499 | 7,231 | 0 |
| 31 Mar 14 | 16,403 | 449 | 4,469 | 0 |
| 31 Dec 13 | 16,406 | 439 | 4,359 | 0 |
| 30 Sep 13 | 16,809 | 417 | 3,995 | 0 |
| 30 Jun 13 | 16,313 | 639 | 3,905 | 0 |
Quality Earnings: VITAFOAM has high quality earnings.
Growing Profit Margin: VITAFOAM's current net profit margins (6.4%) are lower than last year (8.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: VITAFOAM's earnings have grown by 16.1% per year over the past 5 years.
Accelerating Growth: VITAFOAM's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: VITAFOAM had negative earnings growth (-13.8%) over the past year, making it difficult to compare to the Consumer Durables industry average (0.8%).
Return on Equity
High ROE: Whilst VITAFOAM's Return on Equity (22.19%) is high, this metric is skewed due to their high level of debt.