Skipper Limited’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Sales increased by 75.48 % in YoY and increased by 43.9 % in QoQ

The comprehensive analytics outlining the performance and outlook of Skipper 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 Skipper Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 75.48 %. However, it did see a marginal increase of 43.9 % from the previous quarter. Expenses ticked up slightly by 44.23 % quarter-on-quarter, aligning with the annual rise of 78.4 %. Operating profit, while up 51.58 % compared to last year, faced a quarter-on-quarter increase of 40.82 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -1.48 %, but a shrinkage of -0.2 % sequentially. Other income fell by -13.74 % compared to the last quarter, despite an annual decline of -83.25 %. Interest expenses surged remarkably by 30.5 % from the previous quarter, yet the year-over-year increase remains at a moderate 62.57 %. Depreciation costs climbed by 1.48 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 20 %. Profit before tax declined annually by -11.87 % but saw an increase from the preceding quarter by 63.8 %.
Tax expenses as a percentage of profits increased slightly by 17.34 % compared to last year, with a more notable quarter-on-quarter increase of 15.85 %. Net profit rose by 6.07 % year-on-year but experienced a 22.91 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 2.6 % but a quarterly rise of 19.1 %. In summary, Skipper Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing Skipper Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 75.48 % year-on-year growth, however, there was a minor increase of 43.9 % from the previous quarter. Expenses rose by 78.4 % compared to the previous year, with a 44.23 % increase quarter-on-quarter. Operating Profit surged by 51.58 % annually, and saw a 40.82 % increase from the last quarter.
Net Profit showed yearly increase of 6.07 %, and experienced a 22.91 % increase from the previous quarter. Earnings Per Share (EPS) rose by 2.6 % annually, however rose by 19.1 % compared to the last quarter. In essence, while Skipper Limited faces strong annual decline 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.