Cranes Software reports flat Q2 performance, MarketsMOJO gives 'Strong Sell' call

Cranes Software International, a microcap IT software company, has recently announced its financial results for the quarter ending September 2024. The company's stock has been given a 'Strong Sell' call by MarketsMOJO. According to the financial report, Cranes Software has shown a flat performance in the second quarter of the fiscal year 2024-2025. However, there has been a slight improvement in the company's score, which has increased from 0 to 1 in the last three months. One of the key factors contributing to the company's performance is its Debtors Turnover Ratio, which has been consistently growing in the last five half-yearly periods. In the latest report, the ratio stands at 1.77 times, indicating that the company has been able to settle its debtors at a faster rate. Another positive aspect highlighted in the report is the company's Profit Before Tax less Other Income (PBT) for the quarter, which is at its highest in the last five quarters at Rs -1.22 crore. This shows a positive trend in the near term for Cranes Software. Despite the positive aspects, MarketsMOJO has given a 'Strong Sell' call for the company's stock. It is important to note that this is not a recommendation from experts or investors, but rather a neutral assessment based on the company's financial performance.