VARSAV Game Studios Past Earnings Performance
We're still processing the latest earnings report of this company
Past criteria checks 2/6
VARSAV Game Studios's earnings have been declining at an average annual rate of -20.9%, while the IT industry saw earnings growing at 13.9% annually. Revenues have been declining at an average rate of 23.5% per year. VARSAV Game Studios's return on equity is 4.5%, and it has net margins of 44.7%.
Key information
-20.9%
Earnings growth rate
-29.1%
EPS growth rate
IT Industry Growth | 15.4% |
Revenue growth rate | -23.5% |
Return on equity | 4.5% |
Net Margin | 44.7% |
Next Earnings Update | 14 Nov 2024 |
Recent past performance updates
Revenue & Expenses Breakdown
How VARSAV Game Studios 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 Mar 24 | 2 | 1 | 3 | 0 |
31 Dec 23 | 1 | -5 | 3 | 0 |
30 Sep 23 | 1 | 0 | 3 | 0 |
30 Jun 23 | 1 | 0 | 3 | 0 |
31 Mar 23 | 1 | -2 | 3 | 0 |
31 Dec 22 | 1 | -3 | 4 | 0 |
30 Sep 22 | 1 | -4 | 4 | 0 |
30 Jun 22 | 1 | -4 | 5 | 0 |
31 Mar 22 | 1 | -3 | 5 | 0 |
31 Dec 21 | 1 | -2 | 5 | 0 |
30 Sep 21 | 1 | 0 | 5 | 0 |
30 Jun 21 | 0 | 2 | 5 | 0 |
31 Mar 21 | 1 | 2 | 4 | 0 |
31 Dec 20 | 0 | 2 | 4 | 0 |
30 Sep 20 | 2 | 6 | 4 | 0 |
30 Jun 20 | 2 | 2 | 5 | 0 |
31 Mar 20 | 3 | 2 | 5 | 0 |
31 Dec 19 | 4 | 2 | 5 | 0 |
30 Sep 19 | 3 | -3 | 4 | 0 |
30 Jun 19 | 3 | -3 | 3 | 0 |
31 Mar 19 | 2 | -3 | 3 | 0 |
31 Dec 18 | 0 | -3 | 2 | 0 |
30 Sep 18 | 0 | -3 | 2 | 0 |
30 Jun 18 | 0 | -2 | 2 | 0 |
31 Mar 18 | 1 | -2 | 1 | 0 |
31 Dec 17 | 1 | -2 | 1 | 0 |
30 Sep 17 | 1 | -1 | 1 | 0 |
30 Jun 17 | 1 | 0 | 1 | 0 |
31 Mar 17 | 0 | 0 | 0 | 0 |
31 Dec 16 | 1 | 0 | 0 | 0 |
30 Sep 16 | 1 | 0 | 0 | 0 |
30 Jun 16 | 1 | 0 | 0 | 0 |
31 Mar 16 | 1 | 0 | 0 | 0 |
31 Dec 15 | 1 | 0 | 0 | 0 |
30 Sep 15 | 1 | 0 | 0 | 0 |
30 Jun 15 | 1 | 0 | 0 | 0 |
31 Mar 15 | 1 | 0 | 0 | 0 |
31 Dec 14 | 1 | 0 | 0 | 0 |
30 Sep 14 | 1 | 0 | 1 | 0 |
30 Jun 14 | 1 | 0 | 1 | 0 |
31 Mar 14 | 1 | 0 | 1 | 0 |
31 Dec 13 | 1 | -1 | 1 | 0 |
30 Sep 13 | 1 | 0 | 1 | 0 |
Quality Earnings: VAR has a high level of non-cash earnings.
Growing Profit Margin: VAR became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: VAR has become profitable over the past 5 years, growing earnings by -20.9% per year.
Accelerating Growth: VAR has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: VAR has become profitable in the last year, making it difficult to compare its past year earnings growth to the IT industry (9%).
Return on Equity
High ROE: VAR's Return on Equity (4.5%) is considered low.