Vee Past Earnings Performance
Past criteria checks 0/6
Vee has been growing earnings at an average annual rate of 11%, while the Software industry saw earnings growing at 20.7% annually. Revenues have been declining at an average rate of 29.1% per year.
Key information
11.0%
Earnings growth rate
12.1%
EPS growth rate
| Software Industry Growth | 14.3% |
| Revenue growth rate | -29.1% |
| Return on equity | -7.4% |
| Net Margin | -49.4% |
| Next Earnings Update | 29 Aug 2024 |
Recent past performance updates
Revenue & Expenses Breakdown
How Vee 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 |
|---|---|---|---|---|
| 30 Jun 24 | 3 | -2 | 2 | 0 |
| 31 Mar 24 | 3 | -1 | 2 | 0 |
| 31 Dec 23 | 3 | -2 | 2 | 0 |
| 30 Sep 23 | 3 | -2 | 2 | 0 |
| 30 Jun 23 | 3 | -3 | 2 | 0 |
| 31 Mar 23 | 3 | -4 | 2 | 0 |
| 31 Dec 22 | 3 | -6 | 2 | 0 |
| 30 Sep 22 | 2 | -6 | 2 | 0 |
| 30 Jun 22 | 2 | -5 | 2 | 0 |
| 31 Mar 22 | 2 | -5 | 2 | 0 |
| 31 Dec 21 | 2 | -4 | 2 | 0 |
| 30 Sep 21 | 2 | -2 | 1 | 0 |
| 30 Jun 21 | 2 | -1 | 1 | 0 |
| 31 Mar 21 | 2 | -1 | 1 | 0 |
| 31 Dec 20 | 2 | 0 | 1 | 0 |
| 30 Sep 20 | 1 | -12 | 1 | 0 |
| 30 Jun 20 | 1 | -12 | 1 | 0 |
| 31 Mar 20 | 1 | -15 | 1 | 0 |
| 31 Dec 19 | 6 | -11 | 1 | 0 |
| 30 Sep 19 | 11 | 1 | 1 | 0 |
| 30 Jun 19 | 18 | 7 | 1 | 0 |
| 31 Mar 19 | 25 | 15 | 1 | 0 |
| 31 Dec 18 | 24 | 14 | 1 | 0 |
| 30 Sep 18 | 23 | 17 | 1 | 0 |
| 30 Jun 18 | 19 | 14 | 1 | 0 |
| 31 Mar 18 | 16 | 12 | 1 | 0 |
| 31 Dec 17 | 13 | 9 | 1 | 0 |
| 30 Sep 17 | 10 | 7 | 1 | 0 |
| 30 Jun 17 | 9 | 6 | 1 | 0 |
| 31 Mar 17 | 6 | 4 | 1 | 0 |
| 31 Dec 16 | 5 | 4 | 1 | 0 |
| 30 Sep 16 | 4 | 3 | 0 | 0 |
| 31 Dec 15 | 3 | 2 | 0 | 0 |
| 31 Dec 14 | 1 | 1 | 0 | 0 |
Quality Earnings: VEE is currently unprofitable.
Growing Profit Margin: VEE is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: VEE is unprofitable, but has reduced losses over the past 5 years at a rate of 11% per year.
Accelerating Growth: Unable to compare VEE's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: VEE is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (-0.5%).
Return on Equity
High ROE: VEE has a negative Return on Equity (-7.43%), as it is currently unprofitable.