FreeBit Co., Ltd., 1Q (May-July) Ordinary Profit Decreases by 11%

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Fri Sep 13, 2024 4:00 pm JST Earnings

3843 FreeBit Co., Ltd. 【J-GAAP】

Earnings Report

FreeBit Co., Ltd. <3843> [TSE-P] announced its financial results after the market closed on September 13th (16:00). The consolidated ordinary profit for the first quarter of the fiscal year ending April 2025 (May to July) decreased by 10.6% from the same period last year to 1.45 billion yen. However, this progress accounts for 26.4% of the full-year plan of 5.5 billion yen, almost the same as the five-year average of 22.4%.

In the most recent three-month period, from May to July (1Q), the operating profit margin decreased from 11.9% in the same period last year to 11.0%.

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Actual Results

Accumulated Results 1st Quarter

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Progress Rate vs. First Half	Announce	Accounting Standards
May - Jul, 2022	11,142	864	773	305	16.3	42.8	Sep 9, 2022	J-GAAP
May - Jul, 2023	14,040	1,664	1,623	863	43.3	53.8	Sep 8, 2023	J-GAAP
May - Jul, 2024	13,291	1,462	1,451	813	40.8	ー	Sep 13, 2024	J-GAAP
YoY	-5.3%	-12.1%	-10.6%	-5.8%	-5.8%

Current Period Guidance

H1 Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
May - Oct, 2023	27,073	3,071	3,014	1,980	99.2	0	Dec 8, 2023	J-GAAP
May - Oct, 2024 Guidance	ー	ー	ー	ー	－	0	Jul 24, 2024	J-GAAP
YoY	－	－	－	－	－

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Apr, 2023	46,771	4,007	3,707	1,792	95.1	8	Jun 9, 2023	J-GAAP
Apr, 2024	53,037	5,887	5,756	3,566	178.6	27	Jun 14, 2024	J-GAAP
Apr, 2025 Guidance	54,000	5,700	5,500	3,000	148.7	30	Jul 24, 2024	J-GAAP
YoY	+1.8%	-3.2%	-4.4%	-15.9%	-16.8%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
May - Jul, 2023	14,040	1,664	1,623	863	43.3	11.9	Sep 8, 2023	J-GAAP
Aug - Oct, 2023	13,033	1,407	1,391	1,117	56.0	10.8	Dec 8, 2023	J-GAAP
Nov - Jan, 2023	12,919	1,599	1,578	888	44.5	12.4	Mar 8, 2024	J-GAAP
Feb - Apr, 2024	13,045	1,217	1,164	698	35.0	9.3	Jun 14, 2024	J-GAAP
May - Jul, 2024	13,291	1,462	1,451	813	40.8	11.0	Sep 13, 2024	J-GAAP
YoY	-5.3%	-12.1%	-10.6%	-5.8%	-5.8%