B2B Software Technologies Q1 Results Live : B2B Software Technologies announced their Q1 results on 18 Jul, 2024, showcasing a significant growth in both revenue and profit. The company’s revenue surged by 17.24% year-over-year, while the profit saw a remarkable increase of 890.53% compared to the same quarter last year.
Despite the impressive yearly growth, B2B Software Technologies experienced a decline in revenue by 19.69% when compared to the previous quarter. However, the profit still managed to increase by 107.32% sequentially.
The Selling, general & administrative expenses of the company decreased by 5.55% quarter-on-quarter but showed a slight increase of 1.5% year-on-year.
In terms of operating income, B2B Software Technologies witnessed a substantial growth of 103.96% quarter-on-quarter and an impressive increase of 1065.82% year-on-year.
The company reported an EPS of ₹0.97 for Q1, marking a significant rise of 870% year-on-year.
Furthermore, B2B Software Technologies has delivered mixed returns to its investors, with a 9.44% return in the last week, but negative returns of -23.68% in the last 6 months and -28.78% year-to-date.
As of now, B2B Software Technologies holds a market cap of ₹33.88 Cr with a 52-week high/low of ₹45.47 and ₹24.9 respectively.
B2B Software Technologies Financials
| Period | Q1 | Q4 | Q-o-Q Growth | Q1 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 5.03 | 6.26 | -19.69% | 4.29 | +17.24% |
| Selling/ General/ Admin Expenses Total | 3.99 | 4.22 | -5.55% | 3.93 | +1.5% |
| Depreciation/ Amortization | 0.03 | 0.05 | -35.36% | 0.04 | -15.34% |
| Total Operating Expense | 4.23 | 5.87 | -27.99% | 4.37 | -3.35% |
| Operating Income | 0.8 | 0.39 | +103.96% | -0.08 | +1065.82% |
| Net Income Before Taxes | 1.17 | 0.78 | +50.67% | 0.25 | +370.76% |
| Net Income | 1.12 | 0.54 | +107.32% | 0.11 | +890.53% |
| Diluted Normalized EPS | 0.97 | 0.47 | +106.38% | 0.1 | +870% |