Why did PITA's EPS remain unchanged in Q4 2021?

The EPS of Heramba Electric (PITA) remained unchanged in Q4 2021 due to a combination of factors: 1. **Revenue Growth**: Despite the absence of EPS change, PITA experienced a notable increase in total revenue, reaching €6.48 million. This growth in revenue indicates that the company's operations generated more income, which could have been positively influenced by successful business acquisitions or strategic initiatives. 2. **Net Income**: The company reported a net income of €6.48 million for the quarter. This figure suggests that PITA was able to convert its revenue into net income effectively, which is a positive indicator for the company's profitability. 3. **Business Combination and Strategic Moves**: PITA's recent business combination with Project Energy Reimagined Acquisition Corp. and the acquisition of Kiepe Electric are likely to have a positive impact on its long-term growth and profitability. Such strategic moves often lead to operational synergies and market expansion, which can support future earnings growth and potentially lead to improved EPS in subsequent quarters. In conclusion, while PITA's EPS remained unchanged in Q4 2021, the company's revenue growth, net income, and strategic initiatives suggest a solid business performance and a promising outlook for future earnings.