CARTRADE

What Cartrade Tech promised, and what happened

Every commitment management made on a call, tracked from the quarter it was made — reaffirmed, revised, diluted or quietly dropped.

Guidance record · Q1 FY27

what the last two calls moved 19 tracked 7 delivered 1 missed 11 open
  • Consumer Group EBITDA Margin delivered said Q3 FY25 Promised: even better than 35% as revenue grows Q1 FY27: Margin was 33%. While a sequential drop, it remains above the level when the promise was made, and the original promise to surpass 35% has been met in prior quarters.
  • Consolidated EBITDA Margin missed said Q4 FY26 Promised: margins across all businesses will go up in the current year Q1 FY27: Consolidated EBITDA margin was 31%, a decline from the FY26 full-year margin of 33%. The promise for expansion has been missed in the first quarter.
  • New Product Launches delayed said Q1 FY26 Promised: launching 3 new products probably by the end of September or beginning October Q1 FY27: Promise concluded in prior quarters. The products were launched, albeit with delays.

The rest of the ledger

Above is what the last two calls moved. Pro opens all 19 tracked commitments for Cartrade Tech — every quarter's revision, the source quote behind each one, and the topics management has stopped answering.

See what Pro opens