FIRST FINTEC : Q4 2024 Financial Quarterly Report : YoY Sales Down 69.69 %, QoQ Up 1.04 %

The comprehensive analytics outlining the performance and outlook of FIRST FINTEC 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 FIRST FINTEC LIMITED’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -69.69 %. However, it did see a marginal increase of 1.04 % from the previous quarter. Expenses ticked up slightly by 5.56 % quarter-on-quarter, aligning with the annual decline of -78.03 %. Operating profit, while up 191.67 % compared to last year, faced a quarter-on-quarter dip of -8.33 %, 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 29.99 %, but a shrinkage of -2.3 % sequentially. Depreciation costs fell by -29.03 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 69.23 %. Profit before tax grew annually by 56 % but saw a reduction from the preceding quarter by -257.14 %.
Tax expenses as a percentage of profits increased slightly by 25.65 % compared to last year, with a more notable quarter-on-quarter decrease of -33.35 %. Net profit rose by 65.63 % year-on-year but witnessed a -210 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 63.33 % but a quarterly fall of -210 %. In summary, FIRST FINTEC LIMITED’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing FIRST FINTEC LIMITED’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -69.69 % year-on-year, however, there was a minor increase of 1.04 % from the previous quarter. Expenses decreased by -78.03 % compared to the previous year, with a 5.56 % increase quarter-on-quarter. Operating Profit surged by 191.67 % annually, and saw a -8.33 % decrease from the last quarter.
Net Profit showed yearly increase of 65.63 %, and experienced a -210 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 63.33 % annually, however dipped by -210 % compared to the last quarter. In essence, while FIRST FINTEC LIMITED exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.