Veg of Lund Past Earnings Performance
Past criteria checks 0/6
Veg of Lund's earnings have been declining at an average annual rate of -25.2%, while the Food industry saw earnings growing at 1.1% annually. Revenues have been growing at an average rate of 30.4% per year.
Key information
-25.2%
Earnings growth rate
-7.5%
EPS growth rate
| Food Industry Growth | 1.3% |
| Revenue growth rate | 30.4% |
| Return on equity | -47.6% |
| Net Margin | -413.5% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How Veg of Lund 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 | 5 | -20 | 27 | 0 |
| 30 Sep 23 | 5 | -34 | 31 | 0 |
| 30 Jun 23 | 4 | -33 | 31 | 0 |
| 31 Mar 23 | 4 | -36 | 35 | 0 |
| 31 Dec 22 | 3 | -45 | 44 | 0 |
| 30 Sep 22 | 3 | -44 | 45 | 0 |
| 30 Jun 22 | 3 | -45 | 46 | 0 |
| 31 Mar 22 | 3 | -39 | 40 | 0 |
| 31 Dec 21 | 3 | -24 | 25 | 0 |
| 30 Sep 21 | 2 | -18 | 20 | 0 |
| 30 Jun 21 | 2 | -15 | 17 | 0 |
| 31 Mar 21 | 1 | -14 | 14 | 0 |
| 31 Dec 20 | 1 | -18 | 18 | 0 |
| 30 Sep 20 | 1 | -21 | 20 | 0 |
| 30 Jun 20 | 1 | -20 | 19 | 0 |
| 31 Mar 20 | 2 | -19 | 19 | 0 |
| 31 Dec 19 | 2 | -14 | 14 | 0 |
| 30 Sep 19 | 2 | -10 | 11 | 0 |
| 31 Dec 18 | 1 | -5 | 5 | 0 |
| 31 Dec 17 | 1 | -2 | 2 | 0 |
Quality Earnings: VOLAB is currently unprofitable.
Growing Profit Margin: VOLAB is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: VOLAB is unprofitable, and losses have increased over the past 5 years at a rate of 25.2% per year.
Accelerating Growth: Unable to compare VOLAB's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: VOLAB is unprofitable, making it difficult to compare its past year earnings growth to the Food industry (20%).
Return on Equity
High ROE: VOLAB has a negative Return on Equity (-47.56%), as it is currently unprofitable.