Vitec Software Group Past Earnings Performance
Past criteria checks 3/6
Vitec Software Group has been growing earnings at an average annual rate of 25.6%, while the Software industry saw earnings growing at 16.3% annually. Revenues have been growing at an average rate of 17.3% per year. Vitec Software Group's return on equity is 9.6%, and it has net margins of 12.1%.
Key information
25.6%
Earnings growth rate
21.9%
EPS growth rate
| Software Industry Growth | 15.7% |
| Revenue growth rate | 17.3% |
| Return on equity | 9.6% |
| Net Margin | 12.1% |
| Next Earnings Update | 12 Jul 2024 |
Recent past performance updates
Recent updates
At kr405, Is It Time To Put Vitec Software Group AB (publ) (STO:VIT B) On Your Watch List?
Dec 02
With EPS Growth And More, Vitec Software Group (STO:VIT B) Makes An Interesting Case
Sep 28Vitec Software Group (STO:VIT B) Is Reinvesting At Lower Rates Of Return
Aug 17Does Vitec Software Group (STO:VIT B) Have A Healthy Balance Sheet?
Aug 01There Are Reasons To Feel Uneasy About Vitec Software Group's (STO:VIT B) Returns On Capital
May 08Vitec Software Group (STO:VIT B) Has A Rock Solid Balance Sheet
Apr 23Here's Why We Think Vitec Software Group (STO:VIT B) Is Well Worth Watching
Feb 16We Think Vitec Software Group (STO:VIT B) Can Manage Its Debt With Ease
Jan 20With EPS Growth And More, Vitec Software Group (STO:VIT B) Is Interesting
Nov 07Is Now The Time To Put Vitec Software Group (STO:VIT B) On Your Watchlist?
Jul 18Does Vitec Software Group (STO:VIT B) Have A Healthy Balance Sheet?
Jun 10Vitec Software Group (STO:VIT B) Might Be Having Difficulty Using Its Capital Effectively
May 28Revenue & Expenses BreakdownBeta
How Vitec Software Group 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 | 2,881 | 348 | 326 | 0 |
| 31 Dec 23 | 2,778 | 339 | 330 | 0 |
| 30 Sep 23 | 2,615 | 327 | 341 | 0 |
| 30 Jun 23 | 2,419 | 304 | 328 | 0 |
| 31 Mar 23 | 2,144 | 260 | 316 | 0 |
| 31 Dec 22 | 1,978 | 245 | 289 | 0 |
| 30 Sep 22 | 1,669 | 233 | 237 | 0 |
| 30 Jun 22 | 1,588 | 221 | 215 | 0 |
| 31 Mar 22 | 1,590 | 229 | 192 | 0 |
| 31 Dec 21 | 1,571 | 207 | 183 | 0 |
| 30 Sep 21 | 1,707 | 198 | 169 | 0 |
| 30 Jun 21 | 1,640 | 191 | 161 | 0 |
| 31 Mar 21 | 1,553 | 179 | 156 | 0 |
| 31 Dec 20 | 1,475 | 161 | 151 | 0 |
| 30 Sep 20 | 1,403 | 130 | 146 | 0 |
| 30 Jun 20 | 1,369 | 123 | 150 | 0 |
| 31 Mar 20 | 1,332 | 98 | 152 | 0 |
| 31 Dec 19 | 1,295 | 102 | 150 | 0 |
| 30 Sep 19 | 1,287 | 116 | 156 | 0 |
| 30 Jun 19 | 1,256 | 109 | 157 | 0 |
| 31 Mar 19 | 1,205 | 103 | 159 | 0 |
| 31 Dec 18 | 1,144 | 97 | 158 | 0 |
| 30 Sep 18 | 1,096 | 93 | 146 | 0 |
| 30 Jun 18 | 1,045 | 75 | 142 | 0 |
| 31 Mar 18 | 989 | 80 | 132 | 0 |
| 31 Dec 17 | 952 | 79 | 125 | 0 |
| 30 Sep 17 | 895 | 75 | 120 | 0 |
| 30 Jun 17 | 835 | 77 | 111 | 0 |
| 31 Mar 17 | 798 | 72 | 104 | 0 |
| 31 Dec 16 | 758 | 67 | 98 | 0 |
| 30 Sep 16 | 728 | 71 | 93 | 0 |
| 30 Jun 16 | 711 | 76 | 91 | 0 |
| 31 Mar 16 | 699 | 75 | 90 | 0 |
| 31 Dec 15 | 684 | 78 | 88 | 0 |
| 30 Sep 15 | 655 | 72 | 77 | 0 |
| 30 Jun 15 | 631 | 64 | 74 | 0 |
| 31 Mar 15 | 589 | 58 | 73 | 0 |
| 31 Dec 14 | 538 | 49 | 68 | 0 |
| 30 Sep 14 | 475 | 37 | 59 | 0 |
| 30 Jun 14 | 425 | 36 | 55 | 0 |
| 31 Mar 14 | 403 | 33 | 51 | 0 |
| 31 Dec 13 | 396 | 30 | 53 | 0 |
| 30 Sep 13 | 430 | 30 | 63 | 0 |
| 30 Jun 13 | 427 | 28 | 64 | 0 |
Quality Earnings: VIT B has high quality earnings.
Growing Profit Margin: VIT B's current net profit margins (12.1%) are lower than last year (12.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: VIT B's earnings have grown significantly by 25.6% per year over the past 5 years.
Accelerating Growth: VIT B's earnings growth over the past year (33.6%) exceeds its 5-year average (25.6% per year).
Earnings vs Industry: VIT B earnings growth over the past year (33.6%) did not outperform the Software industry 33.9%.
Return on Equity
High ROE: VIT B's Return on Equity (9.6%) is considered low.