SGX:ULGMedical Equipment
UltraGreen.ai (SGX:ULG) Stock Growth Narrative Meets EPS Reset And Margin Drift
UltraGreen.ai walked into this earnings season as a high growth story with strong profit margins and a P/E that looked cheaper than many peers. The stock closed at US$1.32 today, with short term returns still in positive territory. However, the latest half year numbers force investors to question how much of that optimism is already reflected in the price.
The headline this time is margin quality. Net profit margin sits at 41.3%, slightly under last year, which keeps UltraGreen.ai firmly...