Cupid Q1 Results Live : profit rise by 282.55% YOY
Cupid Q1 Results Live : Revenue increased by 16.21% YoY & profit increased by 282.55% YoY
Cupid Q1 Results Live : Cupid, the leading company in the dating industry, announced their Q1 financial results on 05 Aug, 2024. The company reported a significant increase in revenue by 16.21% year-over-year (YoY) and an impressive surge in profit by 282.55% YoY.
However, when compared to the previous quarter, Cupid experienced a decline in revenue by 37.78% and a decrease in profit by 65.19%.
The Selling, general & administrative expenses for Cupid rose by 39.94% quarter-over-quarter (QoQ) and increased by 28.99% year-over-year (YoY).
Furthermore, the operating income witnessed a sharp decline by 80.43% QoQ but a remarkable increase by 433.13% YoY.
The Earnings Per Share (EPS) for Q1 stands at ₹0.3, marking a substantial increase of 272.67% YoY.
In terms of market performance, Cupid delivered a -5.64% return in the last week, a -3.22% return in the last 6 months, and an impressive YTD return of 62.92%.
Currently, Cupid holds a market capitalization of ₹2449.28 Cr with a 52-week high/low of ₹140 and ₹14.11 respectively.
Cupid Financials
| Period | Q1 | Q4 | Q-o-Q Growth | Q1 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 39.13 | 62.9 | -37.78% | 33.68 | +16.21% |
| Selling/ General/ Admin Expenses Total | 6.29 | 4.49 | +39.94% | 4.88 | +28.99% |
| Depreciation/ Amortization | 0.76 | 0.74 | +2.63% | 0.71 | +5.92% |
| Total Operating Expense | 33.23 | 32.73 | +1.53% | 32.57 | +2.03% |
| Operating Income | 5.9 | 30.17 | -80.43% | 1.11 | +433.13% |
| Net Income Before Taxes | 10.56 | 32.21 | -67.2% | 2.23 | +374.62% |
| Net Income | 8.26 | 23.72 | -65.19% | 2.16 | +282.55% |
| Diluted Normalized EPS | 0.3 | 0.5 | -39.46% | 0.08 | +272.67% |
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