Latest news with #GrandCentralEnterprisesBhd
Yahoo
13-05-2025
- Business
- Yahoo
Grand Central Enterprises Bhd First Quarter 2025 Earnings: RM0.014 loss per share (vs RM0.017 loss in 1Q 2024)
Revenue: RM5.34m (up 12% from 1Q 2024). Net loss: RM2.86m (loss narrowed by 13% from 1Q 2024). RM0.014 loss per share (improved from RM0.017 loss in 1Q 2024). This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. All figures shown in the chart above are for the trailing 12 month (TTM) period Grand Central Enterprises Bhd shares are up 7.0% from a week ago. Don't forget that there may still be risks. For instance, we've identified 3 warning signs for Grand Central Enterprises Bhd (2 shouldn't be ignored) you should be aware of. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) 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.
Yahoo
25-03-2025
- Business
- Yahoo
We're Hopeful That Grand Central Enterprises Bhd (KLSE:GCE) Will Use Its Cash Wisely
There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although software-as-a-service business lost money for years while it grew recurring revenue, if you held shares since 2005, you'd have done very well indeed. Having said that, unprofitable companies are risky because they could potentially burn through all their cash and become distressed. So should Grand Central Enterprises Bhd (KLSE:GCE) shareholders be worried about its cash burn? For the purpose of this article, we'll define cash burn as the amount of cash the company is spending each year to fund its growth (also called its negative free cash flow). First, we'll determine its cash runway by comparing its cash burn with its cash reserves. The end of cancer? These 15 emerging AI stocks are developing tech that will allow early identification of life changing diseases like cancer and Alzheimer's. A company's cash runway is calculated by dividing its cash hoard by its cash burn. As at December 2024, Grand Central Enterprises Bhd had cash of RM42m and no debt. In the last year, its cash burn was RM5.6m. Therefore, from December 2024 it had 7.5 years of cash runway. Even though this is but one measure of the company's cash burn, the thought of such a long cash runway warms our bellies in a comforting way. You can see how its cash balance has changed over time in the image below. See our latest analysis for Grand Central Enterprises Bhd Grand Central Enterprises Bhd reduced its cash burn by 7.4% during the last year, which points to some degree of discipline. Revenue also improved during the period, increasing by 10%. On balance, we'd say the company is improving over time. In reality, this article only makes a short study of the company's growth data. This graph of historic earnings and revenue shows how Grand Central Enterprises Bhd is building its business over time. While Grand Central Enterprises Bhd seems to be in a decent position, we reckon it is still worth thinking about how easily it could raise more cash, if that proved desirable. Generally speaking, a listed business can raise new cash through issuing shares or taking on debt. Many companies end up issuing new shares to fund future growth. By looking at a company's cash burn relative to its market capitalisation, we gain insight on how much shareholders would be diluted if the company needed to raise enough cash to cover another year's cash burn. Since it has a market capitalisation of RM94m, Grand Central Enterprises Bhd's RM5.6m in cash burn equates to about 5.9% of its market value. Given that is a rather small percentage, it would probably be really easy for the company to fund another year's growth by issuing some new shares to investors, or even by taking out a loan. As you can probably tell by now, we're not too worried about Grand Central Enterprises Bhd's cash burn. For example, we think its cash runway suggests that the company is on a good path. Its weak point is its cash burn reduction, but even that wasn't too bad! After taking into account the various metrics mentioned in this report, we're pretty comfortable with how the company is spending its cash, as it seems on track to meet its needs over the medium term. Taking a deeper dive, we've spotted 3 warning signs for Grand Central Enterprises Bhd you should be aware of, and 2 of them don't sit too well with us. Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of companies with significant insider holdings, and this list of stocks growth stocks (according to analyst forecasts) Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) 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. Sign in to access your portfolio
