Athena Global Technologies : Q4 2024 Financial Quarterly Report : YoY Sales Up 88.05 %, QoQ Down 0.99 %

The comprehensive analytics outlining the performance and outlook of Athena Global Technologies 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 Athena Global Technologies Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 88.05 %. However, it did see a marginal slip of -0.99 % from the previous quarter. Expenses ticked up slightly by 157.59 % quarter-on-quarter, aligning with the annual rise of 98.37 %. Operating profit, while down -101.87 % compared to last year, faced a quarter-on-quarter dip of -447 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -20.73 %, but a shrinkage of -248.05 % sequentially. Other income rose by 2362400 % compared to the last quarter, despite an annual growth of 590475 %. Interest expenses dropped significantly by -44.9 % from the previous quarter, yet the year-over-year decrease remains at a moderate -11.28 %. Depreciation costs climbed by 42.5 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 200 %. Profit before tax grew annually by 2882.71 % but saw an increase from the preceding quarter by 3982.17 %.
Tax expenses as a percentage of profits increased slightly by 6.78 % compared to last year, with a more notable quarter-on-quarter increase of 27.19 %. Net profit rose by 3041.33 % year-on-year but experienced a 5339.9 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 2907.86 % but a quarterly rise of 5989.14 %. In summary, Athena Global Technologies Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing Athena Global Technologies Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 88.05 % year-on-year growth, although there was a slight dip of -0.99 % from the previous quarter. Expenses rose by 98.37 % compared to the previous year, with a 157.59 % increase quarter-on-quarter. Operating Profit dropped by -101.87 % annually, and saw a -447 % decrease from the last quarter.
Net Profit showed yearly increase of 3041.33 %, and experienced a 5339.9 % increase from the previous quarter. Earnings Per Share (EPS) rose by 2907.86 % annually, however rose by 5989.14 % compared to the last quarter. In essence, while Athena Global Technologies 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.