Share the post "Heads UP Ventures announced Financial Results Q1 2024-25"
Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Income over the Year and quarter: Marginal increase in other income during this quarter, up by 315.91%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Heads UP Ventures Limited. Profit dropped by -72.93 % Year to Year, Heads UP Ventures Limited’s profitability dropped by -88.15 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -71.79 % Year to Year. EPS decreased by -87.64 % in previous quarter. Analysis needed for shareholder value.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 0.444 Cr | Rs. 0.158 Cr | Rs. 0 Cr | 0 % | 0 % |
Expenses | Rs. 1.29 Cr | Rs. 2.15 Cr | Rs. 0.41 Cr | -80.93 % | -68.22 % |
Operating Profit | Rs. -0.85 Cr | Rs. -1.99 Cr | Rs. -0.41 Cr | + 79.4 % | + 51.76 % |
OPM % | -191.44 % | -1259.49 % | 0 % | + 1259.49 % | + 191.44 % |
Other Income | Rs. 0 Cr | Rs. 0.044 Cr | Rs. 0.183 Cr | + 315.91 % | 0 % |
Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 0.01 Cr | Rs. 0.01 Cr | Rs. 0 Cr | 0 % | 0 % |
Profit before tax | Rs. -0.86 Cr | Rs. -1.96 Cr | Rs. -0.23 Cr | + 88.27 % | + 73.26 % |
Tax % | -0 % | -0 % | -0 % | 0 % | 0 % |
Net Profit | Rs. -0.86 Cr | Rs. -1.96 Cr | Rs. -0.23 Cr | + 88.27 % | + 73.26 % |
EPS in Rs | Rs. -0.39 | Rs. -0.89 | Rs. -0.11 | + 87.64 % | + 71.79 % |
Today, we’re looking at Heads UP Ventures Limited’s financial performance for the Q1(Jun 2024).Expenses decreased slightly by -80.93 % quarter-on-quarter, aligning with the annual decline of -68.22 %. Operating profit, while up 51.76 % compared to last year, faced a quarter-on-quarter increase of 79.4 %, 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 191.44 %, but an expansion of 1259.49 % sequentially. Other income rose by 315.91 % compared to the last quarter, Profit before tax grew annually by 73.26 % but saw an increase from the preceding quarter by 88.27 %.
Net profit rose by 73.26 % year-on-year but experienced a 88.27 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 71.79 % but a quarterly rise of 87.64 %. In summary, Heads UP Ventures Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 0.444 Cr | Rs. 0.158 Cr | Rs. 0 Cr | 0 % | 0 % |
Expenses | Rs. 1.29 Cr | Rs. 2.15 Cr | Rs. 0.41 Cr | -80.93 % | -68.22 % |
Operating Profit | Rs. -0.85 Cr | Rs. -1.99 Cr | Rs. -0.41 Cr | + 79.4 % | + 51.76 % |
Net Profit | Rs. -0.86 Cr | Rs. -1.96 Cr | Rs. -0.23 Cr | + 88.27 % | + 73.26 % |
EPS in Rs | Rs. -0.39 | Rs. -0.89 | Rs. -0.11 | + 87.64 % | + 71.79 % |
In reviewing Heads UP Ventures Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses decreased by -68.22 % compared to the previous year, with a decrease of -80.93 % quarter-on-quarter. Operating Profit surged by 51.76 % annually, and saw a 79.4 % increase from the last quarter.
Net Profit showed yearly increase of 73.26 %, and experienced a 88.27 % increase from the previous quarter. Earnings Per Share (EPS) rose by 71.79 % annually, however rose by 87.64 % compared to the last quarter. In essence, while Heads UP Ventures 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.
[my_shortcode1 values=”Heads UP Ventures “]