Veritas Farms Past Earnings Performance

Past criteria checks 0/6

Veritas Farms has been growing earnings at an average annual rate of 12.7%, while the Pharmaceuticals industry saw earnings growing at 0.1% annually. Revenues have been declining at an average rate of 47.9% per year.

Key information

12.7%

Earnings growth rate

32.4%

EPS growth rate

Pharmaceuticals Industry Growth6.0%
Revenue growth rate-47.9%
Return on equity-2,772.6%
Net Margin-696.2%
Last Earnings Update30 Sep 2023

Recent past performance updates

No updates

Recent updates

Revenue & Expenses Breakdown

How Veritas Farms makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

OTCPK:VFRM Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 231-630
30 Jun 231-630
31 Mar 231-540
31 Dec 221-640
30 Sep 222-750
30 Jun 222-760
31 Mar 222-760
31 Dec 213-760
30 Sep 213-670
30 Jun 214-680
31 Mar 216-690
31 Dec 206-8100
30 Sep 206-10130
30 Jun 206-12140
31 Mar 207-12150
31 Dec 197-11150
30 Sep 197-9130
30 Jun 196-6100
31 Mar 193-570
31 Dec 182-450
30 Sep 182-330
30 Jun 181-220
31 Mar 181-220
31 Dec 171-220
30 Sep 171-210
30 Jun 171-210
31 Mar 170-210
31 Dec 160-110

Quality Earnings: VFRM is currently unprofitable.

Growing Profit Margin: VFRM is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if VFRM's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Unable to compare VFRM's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: VFRM is unprofitable, making it difficult to compare its past year earnings growth to the Pharmaceuticals industry (36.7%).


Return on Equity

High ROE: VFRM has a negative Return on Equity (-2772.64%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


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