GFL Reports Negative Financial Results for Q1 FY25, Raises Concerns for Investors

GFL, a microcap company in the renewable energy industry, recently announced its financial results for the quarter ending June 2024. The company’s stock has been given a ‘Strong Sell’ rating by MarketsMOJO.

According to the financial report, GFL has seen a negative performance in the quarter, with a score of -10 compared to 2 in the previous quarter. This is a significant decline and raises concerns about the company’s financial health.

One of the major factors contributing to this decline is the Profit Before Tax less Other Income (PBT) which has fallen by 117.28% year on year, reaching a low of Rs -29.92 crore. The Profit After Tax (PAT) has also seen a decline of 117.2% year on year, with a value of Rs -26.52 crore. This trend is expected to continue in the near term.

In addition, GFL’s PBT has been at its lowest in the last five quarters, indicating a negative trend in the company’s profitability. The Earnings per Share (EPS) have also reached a low of Rs -2.41, showing a decline in the company’s ability to generate earnings for its shareholders.

Furthermore, GFL’s Debtors Turnover Ratio has been at its lowest in the last five half-yearly periods, with a value of 15.24 times. This indicates that the company’s pace of settling its debtors has slowed down.

Overall, GFL’s financial performance for the quarter ending June 2024 has been negative, with declining profitability and slow debt recovery. Investors should carefully consider these factors before making any investment decisions.