Advance Lifestyles Ltd

MarketsMOJO has issued a 'Sell' call for Advance Lifes. stock due to a decline in its score over the past three months. While the company has shown a higher profit after tax in the nine month period, its cash and cash equivalents have decreased and debtors turnover ratio has slowed down. Investors should carefully evaluate these financials before investing.

Advance Lifestyles, a microcap textile company, reported flat net sales in the last few periods but a 50% increase in standalone net profit and 28.57% growth in operating profit for the quarter ended September 2023. MarketsMOJO rates the stock as 'Sell' but the company's financial performance has improved in the last three months. However, there are concerns about the company's low cash reserves and slow pace of settling debtors. Investors should carefully evaluate these factors before investing.