How has been the historical performance of Decipher Labs?

Answer:The historical performance of Decipher Labs shows a significant decline in net sales and profitability over the years, particularly from March 2022 to March 2025.

Breakdown:
Decipher Labs experienced a decrease in net sales from 65.32 crore in March 2022 to 22.61 crore in March 2025. This downward trend is mirrored in total operating income, which fell from 65.32 crore to 22.61 crore in the same period. The company's total expenditure, excluding depreciation, also decreased from 59.29 crore in March 2022 to 29.84 crore in March 2025. However, despite the reduction in expenses, the operating profit (PBDIT) turned negative, dropping from a profit of 6.03 crore in March 2022 to a loss of 7.23 crore in March 2025. Consequently, the profit after tax also declined sharply, moving from a profit of 11.38 crore in March 2022 to a loss of 5.08 crore in March 2025. The company's total assets decreased from 41.95 crore in March 2022 to 23.89 crore in March 2025, while total liabilities also fell from 41.95 crore to 23.89 crore during the same period. Cash flow from operating activities remained negative, with a cash outflow of 9.00 crore in March 2025, compared to a positive inflow of 8.00 crore in March 2022. Overall, Decipher Labs has faced significant challenges, leading to declining revenues and increasing losses over the past few years.