Comvita Past Earnings Performance
Past criteria checks 1/6
Comvita has been growing earnings at an average annual rate of 57.5%, while the Personal Products industry saw earnings growing at 9.2% annually. Revenues have been growing at an average rate of 5.7% per year. Comvita's return on equity is 1.6%, and it has net margins of 1.6%.
Key information
57.5%
Earnings growth rate
59.7%
EPS growth rate
| Personal Products Industry Growth | 8.7% |
| Revenue growth rate | 5.7% |
| Return on equity | 1.6% |
| Net Margin | 1.6% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Here's Why Comvita (NZSE:CVT) Is Weighed Down By Its Debt Load
Mar 21
Comvita Limited's (NZSE:CVT) 26% Dip In Price Shows Sentiment Is Matching Earnings
Feb 05A Look At The Fair Value Of Comvita Limited (NZSE:CVT)
Nov 27These 4 Measures Indicate That Comvita (NZSE:CVT) Is Using Debt Reasonably Well
Mar 25We Think Comvita's (NZSE:CVT) Robust Earnings Are Conservative
Mar 04Is It Too Late To Consider Buying Comvita Limited (NZSE:CVT)?
Mar 03Have Insiders Been Buying Comvita Limited (NZSE:CVT) Shares This Year?
Jan 29How Much Did Comvita's(NZSE:CVT) Shareholders Earn From Share Price Movements Over The Last Three Years?
Dec 22Could The Comvita Limited (NZSE:CVT) Ownership Structure Tell Us Something Useful?
Nov 25
Revenue & Expenses BreakdownBeta
How Comvita 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 | 225 | 4 | 128 | 0 |
| 30 Sep 23 | 230 | 7 | 126 | 0 |
| 30 Jun 23 | 234 | 11 | 124 | 0 |
| 31 Mar 23 | 225 | 12 | 118 | 0 |
| 31 Dec 22 | 216 | 13 | 113 | 0 |
| 30 Sep 22 | 213 | 13 | 110 | 0 |
| 30 Jun 22 | 209 | 13 | 108 | 0 |
| 31 Mar 22 | 203 | 11 | 105 | 0 |
| 31 Dec 21 | 198 | 10 | 101 | 0 |
| 30 Sep 21 | 195 | 9 | 98 | 0 |
| 30 Jun 21 | 192 | 9 | 94 | 0 |
| 31 Mar 21 | 196 | 8 | 91 | 0 |
| 31 Dec 20 | 201 | 7 | 89 | -1 |
| 30 Sep 20 | 198 | -1 | 89 | 0 |
| 30 Jun 20 | 196 | -10 | 90 | 0 |
| 31 Mar 20 | 192 | -24 | 86 | 1 |
| 31 Dec 19 | 187 | -38 | 82 | 1 |
| 30 Sep 19 | 179 | -33 | 76 | 2 |
| 30 Jun 19 | 171 | -28 | 70 | 2 |
| 31 Mar 19 | 172 | -13 | 69 | 2 |
| 31 Dec 18 | 173 | 2 | 67 | 2 |
| 30 Sep 18 | 176 | 5 | 65 | 3 |
| 30 Jun 18 | 178 | 8 | 62 | 3 |
| 31 Mar 18 | 180 | 14 | 61 | 3 |
| 31 Dec 17 | 182 | 21 | 60 | 4 |
| 30 Sep 17 | 169 | 15 | 59 | 4 |
| 30 Jun 17 | 156 | 10 | 58 | 3 |
| 30 Jun 16 | 185 | 15 | 69 | 3 |
| 30 Sep 15 | 184 | 17 | 65 | 3 |
| 30 Jun 15 | 168 | 14 | 61 | 3 |
| 31 Mar 15 | 153 | 11 | 58 | 3 |
| 31 Dec 14 | 142 | 8 | 55 | 3 |
| 30 Sep 14 | 132 | 6 | 53 | 3 |
| 30 Jun 14 | 123 | 7 | 51 | 3 |
| 31 Mar 14 | 115 | 8 | 49 | 3 |
| 31 Dec 13 | 108 | 6 | 48 | 3 |
| 30 Sep 13 | 101 | 4 | 47 | 3 |
| 30 Jun 13 | 102 | 6 | 46 | 3 |
Quality Earnings: CVT has a large one-off gain of NZ$12.7M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: CVT's current net profit margins (1.6%) are lower than last year (6.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CVT's earnings have grown significantly by 57.5% per year over the past 5 years.
Accelerating Growth: CVT's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CVT had negative earnings growth (-72.5%) over the past year, making it difficult to compare to the Personal Products industry average (19%).
Return on Equity
High ROE: CVT's Return on Equity (1.6%) is considered low.