VEON Past Earnings Performance
Past criteria checks 2/6
VEON has been growing earnings at an average annual rate of 15.7%, while the Wireless Telecom industry saw earnings growing at 22.8% annually. Revenues have been declining at an average rate of 24.1% per year. VEON's return on equity is 34.7%, and it has net margins of 8%.
Key information
15.7%
Earnings growth rate
15.1%
EPS growth rate
| Wireless Telecom Industry Growth | 23.1% |
| Revenue growth rate | -24.1% |
| Return on equity | 34.7% |
| Net Margin | 8.0% |
| Next Earnings Update | 20 Mar 2025 |
Recent past performance updates
Recent updates
It's A Story Of Risk Vs Reward With VEON Ltd. (NASDAQ:VEON)
May 03
Here's Why VEON (NASDAQ:VEON) Has A Meaningful Debt Burden
Apr 15Veon notes third quarter boosting its 2022 revenue pace
Sep 16VEON: Waiting For The Explosive Catalyst Of Peace
Aug 16VEON's Banglalink signs tower sharing deal in Bangladesh
Aug 03Veon management boosts ownership via share awards
Jul 11VEON reports revenue growth 1.3% Y/Y for 5M22
Jun 29VEON: Value So Deep Otto Lidenbrock Wouldn't Find It
Mar 15These 4 Measures Indicate That VEON (NASDAQ:VEON) Is Using Debt Extensively
Mar 01VEON: A Reason For Optimism
Feb 09Is VEON Ltd. (NASDAQ:VEON) Potentially Undervalued?
Dec 28Here's Why VEON (NASDAQ:VEON) Has A Meaningful Debt Burden
Nov 15Upbeat VEON Q3 Earnings With Catalysts Kicking In
Oct 30Is VEON (NASDAQ:VEON) A Risky Investment?
Aug 16The Catalysts For A Higher VEON Valuation
Aug 11VEON makes AdTech acquisition in Russia
Jun 16Buy VEON's Crown Jewels On A Discount Now And Then Be Patient
Jun 01VEON Ltd. (NASDAQ:VEON) Just Released Its First-Quarter Results And Analysts Are Updating Their Estimates
May 01Revenue & Expenses Breakdown
How VEON 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 Jun 24 | 3,867 | 308 | 110 | 0 |
| 31 Mar 24 | 3,756 | 367 | 55 | 0 |
| 31 Dec 23 | 3,698 | 302 | 1,572 | 0 |
| 30 Sep 23 | 3,684 | 476 | 1,500 | 0 |
| 30 Jun 23 | 3,630 | 512 | 1,499 | 0 |
| 31 Mar 23 | 3,671 | 381 | 1,480 | 0 |
| 31 Dec 22 | 3,755 | 580 | 1,503 | 0 |
| 30 Sep 22 | 930 | 44 | 795 | 0 |
| 30 Jun 22 | 2,044 | -26 | 1,033 | 0 |
| 31 Mar 22 | 2,988 | 70 | 1,286 | 0 |
| 31 Dec 21 | 3,850 | -7 | 1,476 | 0 |
| 30 Sep 21 | 7,565 | 274 | 2,426 | 0 |
| 30 Jun 21 | 7,379 | -447 | 2,356 | 0 |
| 31 Mar 21 | 7,024 | -418 | 2,266 | 0 |
| 31 Dec 20 | 3,482 | 61 | 1,382 | 0 |
| 30 Sep 20 | 7,679 | -393 | 2,408 | 0 |
| 30 Jun 20 | 8,083 | 285 | 2,569 | 0 |
| 31 Mar 20 | 8,798 | 234 | 2,795 | 0 |
| 31 Dec 19 | 8,051 | 520 | 2,583 | 0 |
| 30 Sep 19 | 8,857 | 580 | 2,978 | 0 |
| 30 Jun 19 | 8,951 | 122 | 3,178 | 0 |
| 31 Mar 19 | 8,960 | 80 | 3,299 | 0 |
| 31 Dec 18 | 9,086 | -397 | 3,480 | 0 |
| 30 Sep 18 | 9,157 | -560 | 3,508 | 0 |
| 30 Jun 18 | 9,296 | 40 | 3,438 | 0 |
| 31 Mar 18 | 9,443 | -92 | 3,507 | 0 |
| 31 Dec 17 | 9,474 | -115 | 3,529 | 0 |
| 30 Sep 17 | 9,508 | -280 | 3,524 | 0 |
| 30 Jun 17 | 9,413 | -432 | 3,589 | 0 |
| 31 Mar 17 | 9,149 | -377 | 3,525 | 0 |
| 31 Dec 16 | 8,885 | -439 | 3,424 | 0 |
| 30 Sep 16 | 8,813 | -227 | 2,286 | 0 |
| 30 Jun 16 | 8,894 | -1,133 | 3,195 | 0 |
| 31 Mar 16 | 9,311 | -848 | 3,245 | 0 |
| 31 Dec 15 | 9,606 | -917 | 4,336 | 0 |
| 30 Sep 15 | 10,325 | -1,524 | 4,458 | 0 |
| 30 Jun 15 | 11,427 | -330 | 3,805 | 0 |
| 31 Mar 15 | 10,805 | -82 | 3,547 | 0 |
| 31 Dec 14 | 13,486 | 33 | 4,383 | 0 |
| 30 Sep 14 | 16,068 | -3,027 | 6,353 | 0 |
| 30 Jun 14 | 18,209 | -3,084 | 6,909 | 0 |
| 31 Mar 14 | 21,979 | -2,995 | 7,993 | 0 |
| 31 Dec 13 | 15,966 | -1,992 | 5,933 | 0 |
Quality Earnings: VEON has high quality earnings.
Growing Profit Margin: VEON's current net profit margins (8%) are lower than last year (14.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: VEON has become profitable over the past 5 years, growing earnings by 15.7% per year.
Accelerating Growth: VEON's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: VEON had negative earnings growth (-39.8%) over the past year, making it difficult to compare to the Wireless Telecom industry average (33.3%).
Return on Equity
High ROE: Whilst VEON's Return on Equity (34.67%) is high, this metric is skewed due to their high level of debt.