Stock Analysis

GACM Technologies Second Quarter 2024 Earnings: EPS: ₹0.007 (vs ₹0.006 loss in 2Q 2023)

NSEI:GATECHDVR
Source: Shutterstock

GACM Technologies (NSE:GATECHDVR) Second Quarter 2024 Results

Key Financial Results

  • Revenue: ₹18.0m (down 46% from 2Q 2023).
  • Net income: ₹2.77m (up from ₹1.59m loss in 2Q 2023).
  • Profit margin: 15% (up from net loss in 2Q 2023). The move to profitability was driven by lower expenses.
  • EPS: ₹0.007 (up from ₹0.006 loss in 2Q 2023).
earnings-and-revenue-history
NSEI:GATECHDVR Earnings and Revenue History November 19th 2023

All figures shown in the chart above are for the trailing 12 month (TTM) period

GACM Technologies shares are down 5.4% from a week ago.

Risk Analysis

It is worth noting though that we have found 5 warning signs for GACM Technologies (3 shouldn't be ignored!) that you need to take into consideration.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

About NSEI:GATECHDVR

GACM Technologies

Provides financial consulting and financial technology-related services.

Solid track record with adequate balance sheet.

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