TOYAM SPORTS ‘s Q1 Report: Revenue Rises by 7.37% YoY

The comprehensive analytics outlining the performance and outlook of TOYAM SPORTS 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 TOYAM SPORTS 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 7.37 %. However, it did see a marginal increase of 0.21 % from the previous quarter. Expenses decreased slightly by -18.28 % quarter-on-quarter, aligning with the annual decline of -56.45 %. Operating profit, while up 488.89 % compared to last year, faced a quarter-on-quarter increase of 25 %, 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 68.4 %, but an expansion of 10.63 % sequentially. Other income rose by 142.29 % compared to the last quarter, Depreciation costs fell by -80 % quarter-on-quarter, Profit before tax grew annually by 908.89 % but saw an increase from the preceding quarter by 70.09 %.
Tax expenses as a percentage of profits increased slightly by 5.79 % compared to last year, with a more notable quarter-on-quarter decrease of -2.58 %. Net profit rose by 856.25 % year-on-year but experienced a 74.52 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 400 % but a quarterly rise of 200 %. In summary, TOYAM SPORTS LIMITED’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing TOYAM SPORTS LIMITED’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 7.37 % year-on-year growth, however, there was a minor increase of 0.21 % from the previous quarter. Expenses decreased by -56.45 % compared to the previous year, with a decrease of -18.28 % quarter-on-quarter. Operating Profit surged by 488.89 % annually, and saw a 25 % increase from the last quarter.
Net Profit showed yearly increase of 856.25 %, and experienced a 74.52 % increase from the previous quarter. Earnings Per Share (EPS) rose by 400 % annually, however rose by 200 % compared to the last quarter. In essence, while TOYAM SPORTS 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.