Quint Digital Media Announces Mixed Financial Results for Q4 2023

Quint Digital Media, a microcap company in the TV broadcasting and software production industry, recently announced its financial results for the quarter ending December 2023. The results have been declared on February 6, 2024.

According to MarketsMOJO, a leading financial analysis platform, the stock call for Quint Digital is currently a 'Strong Sell'. However, the company has shown some improvement in its financial performance, with its score improving from -13 to -6 in the last three months.

One of the positive aspects of Quint Digital's financials is its Profit After Tax (PAT) for the nine-month period, which has grown by 43.46% year on year, reaching Rs 7.32 crore. The company has also surpassed its sales from the previous twelve months in just nine months.

On the other hand, there are some areas of concern for Quint Digital, such as its Profit Before Tax less Other Income (PBT) for the quarter, which has fallen by -969.8% compared to the average PBT of the previous four quarters. The company's net sales for the quarter have also decreased by -7.6% compared to the average of the previous four quarters.

Moreover, the company's PBT for the quarter is the lowest in the last five quarters, and its non-operating income is 168.86% of its PBT. This indicates that the company's income from non-business activities is high, which may not be a sustainable business model. The non-operating income for the quarter is also the highest in the last five quarters, raising concerns about its sustainability.

Overall, Quint Digital's financial performance for the quarter ending December 2023 has been negative, with some positive and negative trends. Investors should carefully consider these factors before making any investment decisions.