How has been the historical performance of Lynx Machinery?

Answer:The historical performance of Lynx Machinery shows a consistent trend of zero net sales and other operating income from March 2016 to March 2023. The total operating income has remained at zero during this period, with only employee costs recorded, which decreased from 0.11 Cr in March 2021 to 0.05 Cr in March 2023. Total expenditure, excluding depreciation, was 0.44 Cr in March 2023, down from 0.59 Cr in March 2022. Operating profit (PBDIT) has been negative throughout, with a loss of -0.43 Cr in March 2023, slightly improved from -0.06 Cr in March 2022. The profit before tax also reflects losses, amounting to -0.54 Cr in March 2023, compared to -0.12 Cr in the previous year. The profit after tax followed a similar trend, with a loss of -0.54 Cr in March 2023. The company's reserves have significantly declined, showing -1,126.90 Cr in March 2023, compared to -0.59 Cr in March 2022. The earnings per share (EPS) have worsened to -9.0 in March 2023 from -2.0 in March 2022. On the balance sheet, total liabilities increased to 12.56 Cr in March 2025 from 4.77 Cr in March 2023, while total assets also rose to 12.56 Cr in March 2025. The book value per share adjusted has turned negative, standing at -2.74 in March 2025.

Breakdown:
Lynx Machinery's financial history reveals a persistent lack of revenue generation, with net sales and operating income consistently at zero from March 2016 to March 2023. Employee costs have decreased over the years, while total expenditure has also seen a decline. Despite these reductions, the company has continued to report negative operating profits, with losses deepening in recent years. The profit before tax and profit after tax figures reflect similar losses, indicating ongoing financial struggles. Reserves have plummeted to a significant negative value, highlighting the company's deteriorating financial health. The earnings per share have also worsened, indicating a decline in shareholder value. On the balance sheet, total liabilities have increased sharply, suggesting a growing debt burden, while total assets have also risen, but the book value per share has turned negative, further emphasizing the company's challenging financial situation.