How has been the historical performance of Standard Shoe?

Answer:The historical performance of Standard Shoe shows a consistent trend of minimal financial activity over the years, with no profit before tax reported in the most recent years, specifically from March 2023 to March 2024, and also in March 2019. The company experienced a slight loss in March 2020 and March 2018, with values of -1.00 and -0.15 respectively. Cash flow from operating activities has remained at zero from March 2020 through March 2024, indicating a lack of operational cash generation. The cash flow from investing activities was positive in March 2018 at 0.26, but has since returned to zero. The net cash inflow/outflow has also been consistently zero from March 2018 to March 2024, reflecting a stagnant cash position. The opening and closing cash and cash equivalents have remained at zero for the years from March 2020 to March 2024, with only a nominal amount of 0.01 in March 2018 and March 2017. Breakdown: Standard Shoe's financial performance has been characterized by a lack of profitability and cash flow generation in recent years. The profit before tax has been zero for the last two years, with only minor losses recorded in earlier years. Cash flow from operating activities has consistently been zero, indicating no cash generation from core operations. The company saw a brief positive cash flow from investing activities in March 2018, but this was not sustained. Overall, the company's cash position has remained stagnant, with no significant changes in cash and cash equivalents over the last several years, suggesting ongoing financial challenges.