Share the post "COLAB CLOUD PLATFORMS Reports Q1: Revenue Up by 6116.11% Year-on-Year"
Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 6116.11 % in the past year, substantial increase in net sales/revenue by 10556.19 %.
- Profit over the Year and quarter: Significant improvement in profitability for COLAB CLOUD PLATFORMS LIMITED. Notable increase of 102.24 % in net profit Year to Year, COLAB CLOUD PLATFORMS LIMITED’s profitability increased by 126.63 % in this quarter.
- EPS over the Year and quarter: EPS declined by -90.91 % Year to Year. EPS decreased by -80 % in previous quarter. Analysis needed for shareholder value.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 0.18 Cr | Rs. 0.105 Cr | Rs. 11.189 Cr | + 10556.19 % | + 6116.11 % |
| Expenses | Rs. 0.09 Cr | Rs. 0.06 Cr | Rs. 10.74 Cr | + 17800 % | + 11833.33 % |
| Operating Profit | Rs. 0.09 Cr | Rs. 0.05 Cr | Rs. 0.45 Cr | + 800 % | + 400 % |
| OPM % | 50 % | 47.62 % | 4.02 % | -43.6 % | -45.98 % |
| Other Income | Rs. 0.135 Cr | Rs. 0.368 Cr | Rs. 0 Cr | 0 % | 0 % |
| Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Depreciation | Rs. 0 Cr | Rs. 0.01 Cr | Rs. 0 Cr | 0 % | 0 % |
| Profit before tax | Rs. 0.23 Cr | Rs. 0.41 Cr | Rs. 0.45 Cr | + 9.76 % | + 95.65 % |
| Tax % | 0 % | 50.25 % | 0 % | -50.25 % | 0 % |
| Net Profit | Rs. 0.22 Cr | Rs. 0.2 Cr | Rs. 0.45 Cr | + 125 % | + 104.55 % |
| EPS in Rs | Rs. 0.22 | Rs. 0.1 | Rs. 0.02 | -80 % | -90.91 % |
Today, we’re looking at COLAB CLOUD PLATFORMS LIMITED’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 6116.11 %. However, it did see a marginal increase of 10556.19 % from the previous quarter. Expenses ticked up slightly by 17800 % quarter-on-quarter, aligning with the annual rise of 11833.33 %. Operating profit, while up 400 % compared to last year, faced a quarter-on-quarter increase of 800 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -45.98 %, but a shrinkage of -43.6 % sequentially. Profit before tax grew annually by 95.65 % but saw an increase from the preceding quarter by 9.76 %.
with a more notable quarter-on-quarter decrease of -50.25 %. Net profit rose by 104.55 % year-on-year but experienced a 125 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -90.91 % but a quarterly fall of -80 %. In summary, COLAB CLOUD PLATFORMS LIMITED’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 0.18 Cr | Rs. 0.105 Cr | Rs. 11.189 Cr | + 10556.19 % | + 6116.11 % |
| Expenses | Rs. 0.09 Cr | Rs. 0.06 Cr | Rs. 10.74 Cr | + 17800 % | + 11833.33 % |
| Operating Profit | Rs. 0.09 Cr | Rs. 0.05 Cr | Rs. 0.45 Cr | + 800 % | + 400 % |
| Net Profit | Rs. 0.22 Cr | Rs. 0.2 Cr | Rs. 0.45 Cr | + 125 % | + 104.55 % |
| EPS in Rs | Rs. 0.22 | Rs. 0.1 | Rs. 0.02 | -80 % | -90.91 % |
In reviewing COLAB CLOUD PLATFORMS LIMITED’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 6116.11 % year-on-year growth, however, there was a minor increase of 10556.19 % from the previous quarter. Expenses rose by 11833.33 % compared to the previous year, with a 17800 % increase quarter-on-quarter. Operating Profit surged by 400 % annually, and saw a 800 % increase from the last quarter.
Net Profit showed yearly increase of 104.55 %, and experienced a 125 % increase from the previous quarter. Earnings Per Share (EPS) fell by -90.91 % annually, however dipped by -80 % compared to the last quarter. In essence, while COLAB CLOUD PLATFORMS LIMITED faces strong annual decline indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.
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