Scan Projects : Q4 2024 Financial Quarterly Report : YoY Sales Up 110.87 %, QoQ Up 131.4 %

The comprehensive analytics outlining the performance and outlook of Scan Projects Ltd”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 Scan Projects Ltd’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 110.87 %. However, it did see a marginal increase of 131.4 % from the previous quarter. Expenses ticked up slightly by 94.26 % quarter-on-quarter, aligning with the annual rise of 58 %. Operating profit, while up 1500 % compared to last year, faced a quarter-on-quarter increase of 536.36 %, 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 26.27 %, but an expansion of 14.53 % sequentially. Other income rose by 0 % compared to the last quarter, yet the year-over-year increase remains at a moderate 0 %. Depreciation costs fell by -50 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax grew annually by 1100 % but saw an increase from the preceding quarter by 536.36 %.
Tax expenses as a percentage of profits increased slightly by 21.96 % compared to last year, with a more notable quarter-on-quarter decrease of -17.97 %. Net profit rose by 1350 % year-on-year but experienced a 837.5 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 1463.16 % but a quarterly rise of 859.26 %. In summary, Scan Projects Ltd’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing Scan Projects Ltd’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 110.87 % year-on-year growth, however, there was a minor increase of 131.4 % from the previous quarter. Expenses rose by 58 % compared to the previous year, with a 94.26 % increase quarter-on-quarter. Operating Profit surged by 1500 % annually, and saw a 536.36 % increase from the last quarter.
Net Profit showed yearly increase of 1350 %, and experienced a 837.5 % increase from the previous quarter. Earnings Per Share (EPS) rose by 1463.16 % annually, however rose by 859.26 % compared to the last quarter. In essence, while Scan Projects Ltd 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.