Ajwa Fun World & Resort's Financial Performance Declines in Q3 2024.

Ajwa Fun World & Resort, a microcap company in the amusement park and recreation industry, recently announced its financial results for the quarter ending September 2024. The company's stock has been given a 'Strong Sell' rating by MarketsMOJO.

According to the financial report, Ajwa Fun World's performance for the quarter was flat, with a score of -5 compared to 0 in the previous three months. This indicates a decline in the company's financial health.

One of the major factors contributing to this decline is the Profit After Tax (PAT), which has fallen by 353.2% to -0.50 crore compared to the average PAT of the previous four quarters, which was 0.20 crore. This trend is expected to continue in the near term.

Additionally, the company's Operating Cash Flow for the year has been the lowest in the last three years at 0.02 crore. This indicates a decrease in cash revenues from business operations.

The Operating Profit (PBDIT) for the quarter has also been the lowest in the last five quarters at -0.44 crore, with a negative trend expected in the near term. Similarly, the Profit Before Tax less Other Income (PBT) has also been the lowest in the last five quarters at -0.51 crore, with a negative trend.

Furthermore, the company's Earnings per Share (EPS) for the quarter have been the lowest in the last five quarters at -0.78. This indicates a decline in profitability and lower earnings for shareholders.

Overall, Ajwa Fun World & Resort's financial performance for the quarter ending September 2024 has been disappointing, with a negative trend expected in the near term. Investors are advised to exercise caution and consider the 'Strong Sell' rating given by MarketsMOJO before making any investment decisions.