Selan Exploration Technology Ltd.’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Sales increased by 105.64 % in YoY and increased by 25.59 % in QoQ

The comprehensive analytics outlining the performance and outlook of Selan Exploration Technology 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 Selan Exploration Technology 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 105.64 %. However, it did see a marginal increase of 25.59 % from the previous quarter. Expenses ticked up slightly by 7.84 % quarter-on-quarter, aligning with the annual rise of 72.63 %. Operating profit, while up 292.73 % compared to last year, faced a quarter-on-quarter increase of 112.91 %, 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 13.65 %, but an expansion of 11.75 % sequentially. Other income fell by -0.81 % compared to the last quarter, despite an annual decline of -37.72 %. Interest expenses surged remarkably by 11.11 % from the previous quarter, yet the year-over-year decrease remains at a moderate -54.55 %. Depreciation costs fell by -10 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 37.29 %. Profit before tax grew annually by 141.51 % but saw an increase from the preceding quarter by 94.58 %.
Tax expenses as a percentage of profits increased slightly by 3.9 % compared to last year, with a more notable quarter-on-quarter decrease of -3 %. Net profit rose by 128.97 % year-on-year but experienced a 103.15 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 128.98 % but a quarterly rise of 103.02 %. In summary, Selan Exploration Technology Ltd.’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing Selan Exploration Technology Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 105.64 % year-on-year growth, however, there was a minor increase of 25.59 % from the previous quarter. Expenses rose by 72.63 % compared to the previous year, with a 7.84 % increase quarter-on-quarter. Operating Profit surged by 292.73 % annually, and saw a 112.91 % increase from the last quarter.
Net Profit showed yearly increase of 128.97 %, and experienced a 103.15 % increase from the previous quarter. Earnings Per Share (EPS) rose by 128.98 % annually, however rose by 103.02 % compared to the last quarter. In essence, while Selan Exploration Technology 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.