Active Clothing Co announced Financial Results Q1 2024-25

The comprehensive analytics outlining the performance and outlook of Active Clothing Co Limited‘s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Today, we’re looking at Active Clothing Co 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 4 %. However, it did see a marginal increase of 22.42 % from the previous quarter. Expenses ticked up slightly by 23.81 % quarter-on-quarter, aligning with the annual rise of 0.62 %. Operating profit, while up 37.97 % compared to last year, faced a quarter-on-quarter increase of 13.01 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 2.94 %, but a shrinkage of -1 % sequentially. Other income rose by 676.92 % compared to the last quarter, despite an annual growth of 8.6 %. Interest expenses surged remarkably by 83.7 % from the previous quarter, yet the year-over-year increase remains at a moderate 8.3 %. Depreciation costs fell by -19.32 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 103.66 %. Profit before tax grew annually by 49.5 % but saw an increase from the preceding quarter by 0 %.
Tax expenses as a percentage of profits decreased slightly by -5.96 % compared to last year, with a more notable quarter-on-quarter increase of 8.98 %. Net profit rose by 63.51 % year-on-year but witnessed a -9.7 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 95 % but a quarterly fall of -9.3 %. In summary, Active Clothing Co Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing Active Clothing Co Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 4 % year-on-year growth, however, there was a minor increase of 22.42 % from the previous quarter. Expenses rose by 0.62 % compared to the previous year, with a 23.81 % increase quarter-on-quarter. Operating Profit surged by 37.97 % annually, and saw a 13.01 % increase from the last quarter.
Net Profit showed yearly increase of 63.51 %, and experienced a -9.7 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 95 % annually, however dipped by -9.3 % compared to the last quarter. In essence, while Active Clothing Co Limited exhibits strong annual growth 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.