A look at Cultiba's and Grupo Gepp's FY 2023 and Q1 2024 results.
Hi Ferrucho,
What do you think of the Q2 results?
My opinion after a short look is that good operational results (income from operations 829 vs 641) are masked by 3 things:
Higher intersest payments 128 vs 52
Higher taxes 280 vs 221
loss from discontinued operations 82.
Another thing worth mentioning is the increased cash balance that is currently 50% of the market cap.
Hi Ferrucho,
What do you think of the Q2 results?
My opinion after a short look is that good operational results (income from operations 829 vs 641) are masked by 3 things:
Higher intersest payments 128 vs 52
Higher taxes 280 vs 221
loss from discontinued operations 82.
Another thing worth mentioning is the increased cash balance that is currently 50% of the market cap.