V2Y Past Earnings Performance
Past criteria checks 0/6
V2Y has been growing earnings at an average annual rate of 28%, while the Insurance industry saw earnings growing at 9.1% annually. Revenues have been declining at an average rate of 67.9% per year.
Key information
28.0%
Earnings growth rate
45.0%
EPS growth rate
| Insurance Industry Growth | 7.6% |
| Revenue growth rate | -67.9% |
| Return on equity | n/a |
| Net Margin | -428.4% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How V2Y 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 | 0 | -1 | 1 | 0 |
| 30 Sep 23 | 0 | -1 | 1 | 0 |
| 30 Jun 23 | 0 | -1 | 1 | 0 |
| 31 Mar 23 | 0 | -2 | 1 | 0 |
| 31 Dec 22 | 0 | -2 | 2 | 0 |
| 30 Sep 22 | 0 | -2 | 2 | 0 |
| 30 Jun 22 | 1 | -3 | 2 | 0 |
| 31 Mar 22 | 1 | -2 | 2 | 0 |
| 31 Dec 21 | 1 | -2 | 2 | 0 |
| 30 Sep 21 | 1 | -3 | 4 | 0 |
| 30 Jun 21 | 2 | -5 | 5 | 0 |
| 31 Mar 21 | 2 | -5 | 6 | 0 |
| 31 Dec 20 | 2 | -5 | 6 | 0 |
| 30 Jun 20 | -5 | 2 | -1 | 0 |
| 31 Mar 20 | -1 | 1 | 1 | 0 |
| 31 Dec 19 | 3 | 0 | 3 | 0 |
| 30 Sep 19 | 19 | -8 | 13 | 0 |
| 30 Jun 19 | 18 | -8 | 12 | 0 |
| 31 Mar 19 | 17 | -8 | 12 | 0 |
| 31 Dec 18 | 16 | -7 | 11 | 0 |
| 30 Sep 18 | 14 | -7 | 9 | 0 |
| 30 Jun 18 | 12 | -6 | 8 | 0 |
| 31 Mar 18 | 10 | -5 | 6 | 0 |
| 31 Dec 17 | 8 | -3 | 4 | 0 |
| 31 Dec 16 | 4 | -2 | 3 | 0 |
| 31 Dec 15 | 0 | -2 | 3 | 0 |
Quality Earnings: V2Y is currently unprofitable.
Growing Profit Margin: V2Y is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: V2Y is unprofitable, but has reduced losses over the past 5 years at a rate of 28% per year.
Accelerating Growth: Unable to compare V2Y's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: V2Y is unprofitable, making it difficult to compare its past year earnings growth to the Insurance industry (10.9%).
Return on Equity
High ROE: V2Y's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.