Superhouse Ltd's Financial Performance Shows Decline in Q1 FY25

Superhouse Ltd, a microcap company in the leather industry, has recently announced its financial results for the quarter ending March 2024. The company’s stock has been given a ‘Strong Sell’ rating by MarketsMOJO.

According to the financial report, Superhouse Ltd has seen a negative performance in the quarter, with a score of -12, which has improved from -23 in the last 3 months. This indicates that the company’s financial health has deteriorated.

One of the major factors contributing to this decline is the Profit Before Tax (PBT) which has fallen by 113.5% compared to the average PBT of the previous four quarters. This is a concerning trend for the company’s near-term financial outlook.

Additionally, the Profit After Tax (PAT) for the half-yearly period has also shown a decline of 62.73% year on year. This further highlights the negative trend in the company’s financial performance.

Another concerning aspect is the Non-Operating Income, which is 112.35% of the PBT. This means that the company’s income from non-business activities is high, which is not a sustainable business model.

Superhouse Ltd, being a microcap company, may face challenges in the highly competitive leather industry. Investors should carefully consider the company’s financial performance before making any investment decisions.