Veritas Kapital Assurance Past Earnings Performance
Past criteria checks 5/6
Veritas Kapital Assurance has been growing earnings at an average annual rate of 41.2%, while the Insurance industry saw earnings growing at 25.4% annually. Revenues have been growing at an average rate of 11.1% per year. Veritas Kapital Assurance's return on equity is 14.8%, and it has net margins of 27.8%.
Key information
41.2%
Earnings growth rate
272.2%
EPS growth rate
| Insurance Industry Growth | 25.4% |
| Revenue growth rate | 11.1% |
| Return on equity | 14.8% |
| Net Margin | 27.8% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Veritas Kapital Assurance 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 | 7,050 | 1,958 | 3,379 | 0 |
| 30 Sep 23 | 6,064 | 1,097 | 3,210 | 0 |
| 30 Jun 23 | 6,041 | 1,657 | 2,885 | 0 |
| 31 Mar 23 | 6,298 | 527 | 2,843 | 0 |
| 31 Dec 22 | 5,630 | 526 | 2,941 | 0 |
| 30 Sep 22 | 5,732 | 583 | 2,697 | 0 |
| 30 Jun 22 | 4,863 | -221 | 2,777 | 0 |
| 31 Mar 22 | 4,222 | 253 | 2,539 | 0 |
| 31 Dec 21 | 5,093 | 505 | 2,347 | 0 |
| 30 Sep 21 | 5,192 | 1,064 | 2,006 | 0 |
| 31 Dec 20 | 4,708 | 941 | 2,171 | 0 |
| 31 Dec 19 | 3,826 | 185 | 2,256 | 0 |
| 31 Dec 18 | 3,849 | -632 | 2,389 | 0 |
| 31 Dec 17 | 3,212 | -749 | 1,789 | 0 |
Quality Earnings: VERITASKAP has high quality earnings.
Growing Profit Margin: VERITASKAP's current net profit margins (27.8%) are higher than last year (9.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: VERITASKAP has become profitable over the past 5 years, growing earnings by 41.2% per year.
Accelerating Growth: VERITASKAP's earnings growth over the past year (272.2%) exceeds its 5-year average (41.2% per year).
Earnings vs Industry: VERITASKAP earnings growth over the past year (272.2%) exceeded the Insurance industry 104%.
Return on Equity
High ROE: VERITASKAP's Return on Equity (14.8%) is considered low.