How has been the historical performance of Tricom Fruit?
Tricom Fruit has reported no net sales or operating income from March 2018 to March 2024, with consistent zeroes across major financial metrics and increasing losses per share, reaching -0.08 in March 2024. The company faces significant financial distress, with deteriorating reserves and total liabilities slightly increasing, while cash remains at zero despite a minor cash inflow in March 2025.
Answer:The historical performance of Tricom Fruit shows no recorded net sales or operating income over the years from March 2018 to March 2024. The company has consistently reported zero for all major financial metrics, including total expenditure, operating profit, profit before tax, and profit after tax. The only notable changes are in exceptional items and other adjustments, which have resulted in increasing losses per share, reaching -0.08 in March 2024. The company has also seen a decline in reserves, which went from 0.00 in March 2019 to -105.49 in March 2024. Total liabilities have increased slightly, with total debt rising from 65.13 in March 2021 to 65.89 in March 2025. Cash flow from operating activities has shown a small inflow of 1.00 in March 2025, but overall cash and cash equivalents remain at zero.Breakdown:
Tricom Fruit has not generated any revenue or operating income from March 2018 through March 2024, maintaining a consistent trend of zero across all financial metrics. The company's total expenditure has also remained at zero, leading to an operating profit of zero and a profit before tax that has not changed. The only fluctuations are seen in exceptional items and other adjustments, which have contributed to a growing loss per share, culminating in -0.08 in March 2024. Reserves have deteriorated significantly, indicating financial distress, while total liabilities have seen a slight increase, particularly in total debt, which rose from 65.13 in March 2021 to 65.89 in March 2025. Despite a minor cash inflow from operating activities in March 2025, the company's cash position remains unchanged at zero, reflecting ongoing challenges in achieving operational viability.
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