Selan Exploration Technology ‘s Latest Q2 Report: Profit Up by 126.75% Year-on-Year

The comprehensive analytics outlining the performance and outlook of Selan Exploration Technology 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 Selan Exploration Technology Limited’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 75.86 %. However, it did see a marginal increase of 8.6 % from the previous quarter. Expenses ticked up slightly by 38.14 % quarter-on-quarter, aligning with the annual rise of 46.27 %. Operating profit, while up 155.26 % compared to last year, faced a quarter-on-quarter dip of -18.27 %, 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 12.26 %, but a shrinkage of -12.95 % sequentially. Other income rose by 3.49 % compared to the last quarter, despite an annual decline of -19.39 %. Interest expenses dropped significantly by -11.11 % from the previous quarter, yet the year-over-year decrease remains at a moderate -27.27 %. Depreciation costs fell by -89.72 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 41.25 %. Profit before tax grew annually by 123.52 % but saw an increase from the preceding quarter by 15.88 %.
Tax expenses as a percentage of profits decreased slightly by -1.07 % compared to last year, with a more notable quarter-on-quarter decrease of -0.99 %. Net profit rose by 126.75 % year-on-year but experienced a 17.43 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 124.84 % but a quarterly rise of 17.04 %. In summary, Selan Exploration Technology Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing Selan Exploration Technology Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 75.86 % year-on-year growth, however, there was a minor increase of 8.6 % from the previous quarter. Expenses rose by 46.27 % compared to the previous year, with a 38.14 % increase quarter-on-quarter. Operating Profit surged by 155.26 % annually, and saw a -18.27 % decrease from the last quarter.
Net Profit showed yearly increase of 126.75 %, and experienced a 17.43 % increase from the previous quarter. Earnings Per Share (EPS) rose by 124.84 % annually, however rose by 17.04 % compared to the last quarter. In essence, while Selan Exploration Technology 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.