Varta Past Earnings Performance
Past criteria checks 0/6
Varta's earnings have been declining at an average annual rate of -47%, while the Electrical industry saw earnings growing at 9.9% annually. Revenues have been growing at an average rate of 21.2% per year.
Key information
-47.0%
Earnings growth rate
-48.5%
EPS growth rate
| Electrical Industry Growth | 9.9% |
| Revenue growth rate | 21.2% |
| Return on equity | -168.9% |
| Net Margin | -35.7% |
| Next Earnings Update | 28 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Varta 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 Sep 23 | 830 | -296 | 270 | 0 |
| 30 Jun 23 | 805 | -314 | 265 | 0 |
| 31 Mar 23 | 819 | -244 | 274 | 0 |
| 31 Dec 22 | 836 | -200 | 278 | 0 |
| 30 Sep 22 | 877 | 30 | 270 | 0 |
| 30 Jun 22 | 906 | 83 | 266 | 0 |
| 31 Mar 22 | 905 | 108 | 263 | 0 |
| 31 Dec 21 | 922 | 126 | 259 | 0 |
| 30 Sep 21 | 865 | 93 | 259 | 0 |
| 30 Jun 21 | 880 | 101 | 262 | 0 |
| 31 Mar 21 | 880 | 95 | 257 | 0 |
| 31 Dec 20 | 875 | 95 | 250 | 0 |
| 30 Sep 20 | 755 | 96 | 214 | 0 |
| 30 Jun 20 | 600 | 71 | 181 | 0 |
| 31 Mar 20 | 490 | 66 | 146 | 0 |
| 31 Dec 19 | 367 | 50 | 116 | 0 |
| 30 Sep 19 | 321 | 38 | 111 | 0 |
| 30 Jun 19 | 303 | 32 | 106 | 0 |
| 31 Mar 19 | 286 | 27 | 103 | 0 |
| 31 Dec 18 | 276 | 25 | 100 | 0 |
| 30 Sep 18 | 264 | 15 | 99 | 0 |
| 30 Jun 18 | 257 | 15 | 95 | 0 |
| 31 Mar 18 | 251 | 17 | 93 | 0 |
| 31 Dec 17 | 246 | 13 | 90 | 0 |
| 30 Sep 17 | 239 | 18 | 87 | 0 |
| 31 Dec 16 | 217 | 9 | 84 | 0 |
Quality Earnings: VARG.F is currently unprofitable.
Growing Profit Margin: VARG.F is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: VARG.F is unprofitable, and losses have increased over the past 5 years at a rate of 47% per year.
Accelerating Growth: Unable to compare VARG.F's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: VARG.F is unprofitable, making it difficult to compare its past year earnings growth to the Electrical industry (30.6%).
Return on Equity
High ROE: VARG.F has a negative Return on Equity (-168.9%), as it is currently unprofitable.