August 13, 2025
OMNI INDUSTRIES LIMITED(OMNI)
Unaudited financials for the six months ended June 30, 2025:
OMNI INDUSTRIES LIMITED (OMNI) for the six months ended June 30, 2025, reported a 9% decrease in Revenue totaling $988.18 million compared to $1.08 billion in the corresponding period last year. Revenue for the second quarter had an 8% increase to close at $517.41 million compared to $478.50 million for the comparable quarter of 2024.
Year to date, Cost of Sales amounted to $582.74 million (2024: $584.88 million), this represents a marginal decrease year over year. Consequently, gross profit decreased by 19% to $405.44 million compared to $499.63 million for the six months ended June 30, 2024. The company booked gross profit of $223.96 million for the second quarter versus $217.42 million reported for the similar quarter of 2024.
Other Income increased by 2144% to close at $15.27 million (2024: $680,522), while administrative expenses decreased by 12% from $149.84 million in 2024 to $131.36 million in the period under review. Additionally, factory expenses for the six months ended June 30, 2025 amounted to $117.63 million, a 10% increase relative to $107.07 million reported in 2024. Selling expenses amounted to $74.58 million (2024: $78 million).
Operating Profit for the six months ended June 30, 2025, amounted to $97.14 million, a 41% decrease relative to $165.41 million reported in 2024. Operating Profit for the second quarter amounted to $60.08 million (2024: $52.14 million). Finance Costs totaled $14.76 million, a 23% decrease from the corresponding period last year. (2024: $19.25 million).
Profit before Taxation for the six months ended June 30, 2025, amounted to $82.37 million, a 44% decrease relative to $146.16 million reported in 2024. Profit before Taxation for the second quarter amounted to $51.75 million (2024: $43.22 million).
No tax charge was incurred for the six months ended June 30, 2025 (2024: $38.24 million). As a result, Net Profit for the six months amounted to $82.37 million, a 24% decrease from the $107.93 million reported in 2024. For the second quarter, Net Profit was $51.75 million (2024: $30.72 million).
Consequently, Earnings Per Share for the six months amounted to $0.03 (2024: EPS: $0.04), while Earnings Per Share for the quarter totaled $0.02 (2024: EPS: $0.01). The twelve-month trailing EPS was $0.04 and the number of shares used in these calculations was 2,500,000,000.
Notably, OMNI’s stock price closed the trading period on August 13, 2025, at a price of $0.77 with a corresponding P/E ratio of 19.05x.
Balance Sheet Highlights
The company’s assets totaled $1.67 billion (2024: $1.77 billion). The rise in total assets was primarily attributable to a 13% increase in “Inventories” amounting to $706.28 million (2024: $623.18 million), offset by an 82% decline in “Cash and Cash Equivalents” amounting to $43.48 million (2024: $236.42 million).
Shareholders’ equity was $1.01 billion (2024: $908.35 million), representing a book value per share of $0.40 (2024: $0.36).
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