How has been the historical performance of Rap Corp?

Answer:The historical performance of Rap Corp shows a consistent trend of negative financial results over the past two years.

Breakdown:
In the fiscal year ending March 2025, Rap Corp reported net sales and other operating income of 0.00, consistent with the previous year. Total operating income also remained at 0.00, while the purchase of finished goods increased to 9.28 from 0.00 in March 2024, leading to a corresponding decrease in stocks of -9.28. Employee costs rose slightly from 0.17 to 0.21, and other expenses increased from 0.66 to 1.80, resulting in total expenditure (excluding depreciation) rising to 2.01 from 0.83. Consequently, the operating profit (PBDIT) excluding other income fell to -2.01 from -0.83, with the overall operating profit also worsening to -1.66 from -0.82. The profit before tax declined to -1.97 from -1.06, and profit after tax dropped to -1.62 from -0.79. The earnings per share reflected this decline, worsening to -2.76 from -1.34. On the balance sheet, total liabilities surged to 54.04 from 11.74, driven by long-term borrowings of 12.96, which were absent in the previous year. Total assets increased to 54.04 from 11.74, while shareholder's funds decreased to 5.92 from 8.05. Cash flow from operating activities deteriorated to -6.00 from -1.00, with net cash inflow/outflow remaining at 0.00 for both years. Overall, Rap Corp's financial performance indicates significant challenges, with increasing losses and rising liabilities.