BTCL shares jumped by 19 thebe to P1.02, why?

Hey, it’s been a week since I sent you anything, but here’s what happened

Just this Friday, BTCL saw the biggest jump in share price after its financial year 2024 release, here is a brief of everything

Full year 2024 results:

• EPS[Earnings Per share]: P0.15 (up from P0.10 in FY 2023).

• Revenue: P1.44b (up 2.6% from FY 2023).

• Net income: P157.5m (up 45% from FY 2023).

• Profit margin: 11% (up from 7.7% in FY 2023). The increase in margin was primarily driven by higher revenue.

Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 6% per year.

This is great for those who bought early, months ago I analysed it, and noticed how btcl had no debt, literally 0%, to me, it is impressive when a company is very profitable and has zero debt, most companies like that tend to do really well in share price.

But how do they make money?

Btcl makes money from fixed and mobile network. That is from their subscription services, wifi, and Smega banking etc.

It is a great company for dividend investing and will help to compound wealth if one takes time to understand it better.

Did the decrease in interest rates have a positive impact on it?

Well we can say so, although I would give credit to its runners who for years managed to keep a great financial record of the company, but it’s still important to remember; when interest rates decrease, share prices go high.

BTCL is part of what’s called consumer staple stocks, these tend to do well under low interest rates as they record high prices and profit margins as we can see here.

So as you go out to invest make sure you do a thorough research, don’t think you’ve missed out on a big move, there are a lot of hidden gems in the market, you can find if you do a good research, and another example would be Engen.