What risks affected VVPR's EPS in late 2019?

VivoPower's EPS was affected by several risks in late 2019:

1. Strategic Shift and Divestment: VivoPower's strategic pivot towards its Electric Vehicle and Sustainable Energy Solutions business units and the divestment of its Critical Power business in Australia contributed to the 22% year-on-year decline in annual consolidated revenue to $11.8 million for the fiscal year ended June 30, 2024. This shift likely impacted the EPS as the company focused on higher-margin revenue streams and operational efficiencies, leading to a significant increase in consolidated gross profit from continuing operations but a decrease in revenue-based earnings.
2. Foreign Exchange Movements: The company also experienced adverse foreign exchange movements related to the Australian dollar relative to the USD, which likely affected the EPS when translating international revenues.

In conclusion, VivoPower's EPS in late 2019 was affected by strategic shifts, divestments, and foreign exchange movements. These factors combined to impact the company's financial performance, leading to a decline in revenue and, subsequently, an impact on EPS.