Global Surfaces : Q4 2024 Financial Quarterly Report : YoY Sales Up 174.33 %, QoQ Up 171.11 %

The comprehensive analytics outlining the performance and outlook of Global Surfaces 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 Global Surfaces 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 174.33 %. However, it did see a marginal increase of 171.11 % from the previous quarter. Expenses ticked up slightly by 177.2 % quarter-on-quarter, aligning with the annual rise of 191.64 %. Operating profit, while up 104.8 % compared to last year, faced a quarter-on-quarter increase of 141.07 %, 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 -5.07 %, but a shrinkage of -1.86 % sequentially. Other income fell by -115.19 % compared to the last quarter, despite an annual decline of -110.26 %. Interest expenses dropped significantly by -11.3 % from the previous quarter, yet the year-over-year increase remains at a moderate 22.89 %. Depreciation costs climbed by 90.91 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 52.56 %. Profit before tax grew annually by 94.42 % but saw an increase from the preceding quarter by 155.9 %.
Tax expenses as a percentage of profits increased slightly by 2.97 % compared to last year, with a more notable quarter-on-quarter decrease of -18.45 %. Net profit rose by 88.35 % year-on-year but experienced a 217.6 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 47.62 % but a quarterly rise of 222.08 %. In summary, Global Surfaces Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing Global Surfaces Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 174.33 % year-on-year growth, however, there was a minor increase of 171.11 % from the previous quarter. Expenses rose by 191.64 % compared to the previous year, with a 177.2 % increase quarter-on-quarter. Operating Profit surged by 104.8 % annually, and saw a 141.07 % increase from the last quarter.
Net Profit showed yearly increase of 88.35 %, and experienced a 217.6 % increase from the previous quarter. Earnings Per Share (EPS) rose by 47.62 % annually, however rose by 222.08 % compared to the last quarter. In essence, while Global Surfaces 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.