Vericity Past Earnings Performance
Past criteria checks 0/6
Vericity has been growing earnings at an average annual rate of 5.9%, while the Insurance industry saw earnings growing at 7.1% annually. Revenues have been growing at an average rate of 7.2% per year.
Key information
5.9%
Earnings growth rate
10.1%
EPS growth rate
| Insurance Industry Growth | 8.0% |
| Revenue growth rate | 7.2% |
| Return on equity | -9.0% |
| Net Margin | -5.6% |
| Last Earnings Update | 31 Dec 2023 |
Revenue & Expenses BreakdownBeta
How Vericity 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 | 178 | -10 | 101 | 0 |
| 30 Sep 23 | 175 | -15 | 101 | 0 |
| 30 Jun 23 | 171 | -12 | 100 | 0 |
| 31 Mar 23 | 169 | -17 | 98 | 0 |
| 31 Dec 22 | 164 | -20 | 98 | 0 |
| 30 Sep 22 | 170 | -17 | 97 | 0 |
| 30 Jun 22 | 173 | -17 | 98 | 0 |
| 31 Mar 22 | 174 | -16 | 97 | 0 |
| 31 Dec 21 | 177 | -17 | 95 | 0 |
| 30 Sep 21 | 166 | -19 | 90 | 0 |
| 30 Jun 21 | 161 | -17 | 84 | 0 |
| 31 Mar 21 | 154 | -23 | 80 | 0 |
| 31 Dec 20 | 148 | -25 | 80 | 0 |
| 30 Sep 20 | 141 | -21 | 77 | 0 |
| 30 Jun 20 | 139 | -26 | 82 | 0 |
| 31 Mar 20 | 138 | -22 | 82 | 0 |
| 31 Dec 19 | 135 | -19 | 77 | 0 |
| 30 Sep 19 | 135 | -22 | 76 | 0 |
| 30 Jun 19 | 131 | -16 | 71 | 0 |
| 31 Mar 19 | 127 | -17 | 70 | 0 |
| 31 Dec 18 | 124 | -14 | 68 | 0 |
| 30 Sep 18 | 123 | -12 | 67 | 0 |
| 31 Dec 17 | 116 | -8 | 56 | 0 |
| 31 Dec 16 | 113 | -15 | 59 | 0 |
Quality Earnings: VERY is currently unprofitable.
Growing Profit Margin: VERY is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: VERY is unprofitable, but has reduced losses over the past 5 years at a rate of 5.9% per year.
Accelerating Growth: Unable to compare VERY's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: VERY is unprofitable, making it difficult to compare its past year earnings growth to the Insurance industry (22.8%).
Return on Equity
High ROE: VERY has a negative Return on Equity (-8.98%), as it is currently unprofitable.