Artemis Medicare Services announced Financial Results Q1 2024-25

The comprehensive analytics outlining the performance and outlook of Artemis Medicare Services 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 Artemis Medicare Services 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 6.52 %. However, it did see a marginal slip of -0.9 % from the previous quarter. Expenses decreased slightly by -0.13 % quarter-on-quarter, aligning with the annual rise of 2.97 %. Operating profit, while up 29.65 % compared to last year, faced a quarter-on-quarter dip of -4.74 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 2.89 %, but a shrinkage of -0.65 % sequentially. Other income rose by 132.03 % compared to the last quarter, despite an annual growth of 252.32 %. Interest expenses dropped significantly by -5.24 % from the previous quarter, yet the year-over-year increase remains at a moderate 18.34 %. Depreciation costs fell by -2.17 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 17.78 %. Profit before tax grew annually by 65.11 % but saw an increase from the preceding quarter by 6.87 %.
Tax expenses as a percentage of profits decreased slightly by -1.98 % compared to last year, with a more notable quarter-on-quarter decrease of -5.68 %. Net profit rose by 69.44 % year-on-year but experienced a 15.52 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 57.75 % but a quarterly rise of 9.8 %. In summary, Artemis Medicare Services Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing Artemis Medicare Services Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 6.52 % year-on-year growth, although there was a slight dip of -0.9 % from the previous quarter. Expenses rose by 2.97 % compared to the previous year, with a decrease of -0.13 % quarter-on-quarter. Operating Profit surged by 29.65 % annually, and saw a -4.74 % decrease from the last quarter.
Net Profit showed yearly increase of 69.44 %, and experienced a 15.52 % increase from the previous quarter. Earnings Per Share (EPS) rose by 57.75 % annually, however rose by 9.8 % compared to the last quarter. In essence, while Artemis Medicare Services 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.