WSFX Global Reports Strong Financial Performance in Q2 FY24-25

WSFX Global, a microcap finance company, has recently announced its financial results for the quarter ending September 2024. The company's stock has been given a 'Hold' call by MarketsMOJO.

According to the financials, WSFX Global has shown a very positive performance in the second quarter of FY24-25. The company's score has improved from 14 to 29 in the last three months.

One of the key factors contributing to this positive performance is the growth in Profit Before Tax less Other Income (PBT) which has increased by 253.6% to Rs 2.59 crore compared to the average PBT of the previous four quarters which was Rs 0.73 crore. This indicates a very positive trend in the near term for PBT.

Similarly, the Profit After Tax (PAT) has also shown a significant growth of 149.2% to Rs 3.14 crore compared to the average PAT of the previous four quarters which was Rs 1.26 crore. This trend is also expected to continue in the near term.

The company has also generated a higher cash flow from its business operations, with the Operating Cash Flow being the highest at Rs 22.21 crore in the last three years. This indicates a strong financial position for WSFX Global.

In terms of sales, the company has shown a positive trend with the Net Sales being the highest at Rs 25.90 crore in the last five quarters. The Net Sales have also grown by 35.2% compared to the average of the previous four quarters which was Rs 19.16 crore.

WSFX Global has also shown a positive trend in its Operating Profit (PBDIT) which was the highest at Rs 3.40 crore in the last five quarters. The Operating Profit Margin has also improved, reaching its highest at 13.13%.

Overall, WSFX Global has shown a positive trend in its financial performance, with the company's efficiency and profitability improving. The company has also created higher earnings for its shareholders, with the Earnings per Share (EPS) being the highest at Rs 2.59 in the last five quarters. Additionally, the company has a good track record of distributing profits to its shareholders, with the Dividend Payout Ratio (DPR) being the highest at 28.84% in the last five years.

In conclusion, WSFX Global has shown a strong financial performance in the quarter ending September 2024, with positive trends expected to continue in the near term.