Mishka Exim ‘s Q1 Report: Revenue Rises by 1142.61% YoY

The comprehensive analytics outlining the performance and outlook of Mishka Exim 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 Mishka Exim 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 1142.61 %. However, it did see a marginal slip of -56.19 % from the previous quarter. Expenses decreased slightly by -51.76 % quarter-on-quarter, aligning with the annual rise of 705.88 %. Operating profit, while up 200 % compared to last year, faced a quarter-on-quarter dip of -85.71 %, 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 56.37 %, but a shrinkage of -8.68 % sequentially. Other income fell by -51.39 % compared to the last quarter, despite an annual decline of -25.53 %. Depreciation costs fell by -25 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax grew annually by 275 % but saw a reduction from the preceding quarter by -83.33 %.
Tax expenses as a percentage of profits increased slightly by 73.62 % compared to last year, with a more notable quarter-on-quarter increase of 12.61 %. Net profit rose by 233.33 % year-on-year but witnessed a -87.1 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 200 % but a quarterly fall of -90.91 %. In summary, Mishka Exim Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing Mishka Exim Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 1142.61 % year-on-year growth, although there was a slight dip of -56.19 % from the previous quarter. Expenses rose by 705.88 % compared to the previous year, with a decrease of -51.76 % quarter-on-quarter. Operating Profit surged by 200 % annually, and saw a -85.71 % decrease from the last quarter.
Net Profit showed yearly increase of 233.33 %, and experienced a -87.1 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 200 % annually, however dipped by -90.91 % compared to the last quarter. In essence, while Mishka Exim 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.