Smartlink Holdings Reports Mixed Financial Results for Q1 FY25

Smartlink Holdings, a microcap trading company, has recently announced its financial results for the quarter ending June 2024. The company’s stock has been given a ‘Hold’ call by MarketsMOJO.

According to the financial report, Smartlink Holdings has shown positive performance in the quarter, with a score of 7 compared to 28 in the previous three months. However, there are some areas that have not been performing well for the company.

One of the major concerns is the Profit Before Tax (PBT) which has fallen to -0.24 crore, a decrease of 112.1% compared to the average PBT of the previous four quarters which was 1.98 crore. This indicates a very negative trend in the near term for PBT.

Similarly, the Profit After Tax (PAT) has also seen a decline of 124.9% at -0.44 crore compared to the average PAT of the previous four quarters which was 1.77 crore. The Net Sales have also fallen by 18.2% at 42.77 crore compared to the average Net Sales of the previous four quarters which was 52.30 crore. This shows a very negative trend in the near term for sales.

In terms of liquidity, the company’s Cash and Cash Equivalents have been at its lowest in the last six half-yearly periods at 8.86 crore. This indicates a deteriorating short-term liquidity for Smartlink Holdings.

Overall, while the company has shown positive performance in the quarter, there are some areas that need improvement. Investors are advised to hold their stocks for now and keep an eye on the company’s future financial reports.