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TECHNOLOGIES,Inc., First Half Ordinary Profit Turns to Profit, 2Q (May-July) Ordinary Profit Turns to Profit

Fri Sep 13, 2024 5:00 pm JST Earnings

5248 TECHNOLOGIES,Inc. 【J-GAAP】

Earnings Report

TECHNOLOGIES,Inc. <5248> [TSE-G] announced its financial results after the market closed on September 13th (17:00). The consolidated ordinary profit/loss for the cumulative second quarter of the fiscal year ending January 2025 (February to July) turned into a profit of 154 million yen (compared to a loss of 143 million yen in the same period last year). This progress accounts for 11.2% of the full-year plan of 1.37 billion yen.

Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the August to January period (second half) is expected to expand by 49.3% from the same period last year, reaching 1.22 billion yen.

In the most recent three-month period, from May to July (2Q), the consolidated ordinary profit/loss turned to a profit of profit of 170 million yen (compared to a loss of 112 million yen in the same period last year). The operating profit/loss margin drastically improved from -3.4% in the same period last year to 7.5%.

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Actual Results

Accumulated Results 2nd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Feb - Jul, 2023 1,286 -66 -143 -5 -0.3 Oct 12, 2023 J-GAAP
Feb - Jul, 2024 4,548 196 154 -30 -1.8 11.2 Sep 13, 2024 J-GAAP
YoY +253.7% -500.0% -423.5%

First Half Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Feb - Jul, 2024 Guidance 0 Mar 18, 2024 J-GAAP
Feb - Jul, 2024 Results 4,548 196 154 -30 -1.8 0 Sep 13, 2024 J-GAAP
Revision Rate

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Aug - Jan, 2023 5,843 938 847 154 9.2 0 Mar 18, 2024 J-GAAP
Aug - Jan, 2024 Guidance 9,606 1,365 1,221 271 16.0 0 Sep 13, 2024 J-GAAP
YoY +64.4% +45.5% +44.2% +76.0% +74.0%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jan, 2023 1,075 168 160 74 5.1 0 Mar 15, 2023 J-GAAP
Jan, 2024 7,129 872 704 149 8.9 0 Mar 18, 2024 J-GAAP
Jan, 2025 Guidance 14,154 1,561 1,375 241 14.2 0 Mar 18, 2024 J-GAAP
YoY +98.5% +79.0% +95.3% +61.7% +60.0%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
May - Jul, 2023 1,069 -36 -112 15 1.0 -3.4 Oct 12, 2023 J-GAAP
Aug - Oct, 2023 1,485 469 403 71 4.3 31.6 Dec 15, 2023 J-GAAP
Nov - Jan, 2023 4,358 469 444 83 5.0 10.8 Mar 18, 2024 J-GAAP
Feb - Apr, 2024 1,745 -3 -3 -39 -2.4 -0.2 Jun 14, 2024 J-GAAP
May - Jul, 2024 2,803 199 157 9 0.5 7.1 Sep 13, 2024 J-GAAP
YoY +162.2% -40.0% -48.0%

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