Ladderup Finance Reports Significant Improvement in Financial Performance for Q3 2024

Ladderup Finance, a microcap finance company, has recently declared its financial results for the quarter ending September 2024. The company has shown a very positive performance in this quarter, with a significant improvement in its financial score from 7 to 20 in the last 3 months.

According to the financials, Ladderup Finance has seen a growth of 540.7% in its Profit Before Tax less Other Income (PBT) for the quarter, which stands at Rs 3.78 crore. This is a significant improvement compared to the average PBT of the previous four quarters, which was Rs 0.59 crore. The company's net sales for the quarter also saw a positive trend, with the highest figure of Rs 5.18 crore in the last five quarters. The operating profit (PBDIT) for the quarter was also at its highest at Rs 3.61 crore, indicating a positive trend in the company's operations.

Ladderup Finance has also shown an improvement in its efficiency, with the highest operating profit margin of 69.69% in the last five quarters. The company's profitability has also increased, with the highest Profit Before Tax less Other Income (PBT) of Rs 3.78 crore in the last five quarters. The Profit After Tax (PAT) for the quarter was also at its highest at Rs 1.30 crore, showing a positive trend in the company's profitability. The Earnings per Share (EPS) for the quarter was also at its highest at Rs 1.23, indicating that the company has created higher earnings for its shareholders.

On the other hand, the company's operating cash flow has been a concern, with a fall in each of the last three years. The latest figure for the annual operating cash flow stands at Rs -8.14 crore, indicating a decline in the company's cash revenues from business operations.

Overall, Ladderup Finance has shown a positive financial performance in the quarter ending September 2024, with improvements in various key financial indicators. However, the company needs to address its declining operating cash flow to ensure sustainable growth in the future. Based on these financials, MarketsMOJO has given a 'Hold' call for Ladderup Finance's stock.