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ONDECK Co., Ltd., December-August (Third Quarter Cumulative) Ordinary Profit Turns to Profit, June-Augus Ordinary Profit Loss Narrows
7360 ONDECK Co., Ltd. 【J-GAAP】
Earnings ReportONDECK Co., Ltd. <7360> [TSE-G] announced its financial results after the market closed on October 10th (15:00). The ordinary profit/loss (non-consolidated) for the cumulative third quarter of the fiscal year ending November 2024 (December 2023 to August 2024) turned into a profit of 26 million yen (compared to a loss of 224 million yen in the same period last year). The progress rate against the 235 million yen full-year plan was 11.1%.
Based on the third-quarter cumulative performance announced by the company and the unchanged full-year plan, our calculation indicates that the ordinary profit for the September to November period (4Q) is expected to surge by 8.4 times that of the same period last year, reaching 209 million yen.
In the most recent three-month period, from June to August (3Q), the ordinary loss improved to a deficit of loss of 37 million yen (compared to a loss of 45 million yen in the same period last year). The operating profit/loss margin significantly improved from -19.6% in the same period last year to -15.7%.
Kabutan News
Actual Results
Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
---|---|---|---|---|---|---|---|---|
Dec - Aug, 2021 | 804 | 123 | 123 | 85 | 29.7 | 57.7 | Oct 14, 2022 | J-GAAP |
Dec - Aug, 2022 | 493 | -223 | -224 | -153 | -54.3 | ー | Oct 13, 2023 | J-GAAP |
Dec - Aug, 2023 | 833 | 26 | 26 | 18 | 6.9 | 11.1 | Oct 10, 2024 | J-GAAP |
YoY | +69.0% | - | - | - | - |
Current Period Guidance
Second Half Results
Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
---|---|---|---|---|---|---|---|---|
Jun - Nov, 2023 | 558 | -21 | -20 | -30 | -10.9 | 0 | Jan 12, 2024 | J-GAAP |
Jun - Nov, 2024 Guidance | 1,039 | 173 | 172 | 123 | 47.1 | 0 | Jul 12, 2024 | J-GAAP |
YoY | +86.2% | - | - | - | - |
Current Period Guidance
Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
---|---|---|---|---|---|---|---|---|
Nov, 2022 | 1,339 | 213 | 213 | 151 | 52.8 | 0 | Jan 13, 2023 | J-GAAP |
Nov, 2023 | 826 | -200 | -199 | -152 | -55.0 | 0 | Jan 12, 2024 | J-GAAP |
Nov, 2024 Guidance | 1,642 | 235 | 235 | 165 | 63.1 | 0 | Jan 12, 2024 | J-GAAP |
YoY | +98.8% | - | - | - | - |
Quarterly Results
Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
---|---|---|---|---|---|---|---|---|
Jun - Aug, 2023 | 225 | -44 | -45 | -31 | -11.0 | -19.6 | Oct 13, 2023 | J-GAAP |
Sep - Nov, 2023 | 333 | 23 | 25 | 1 | 0.4 | 6.9 | Jan 12, 2024 | J-GAAP |
Dec - Feb, 2023 | 287 | 35 | 35 | 24 | 9.3 | 12.2 | Apr 10, 2024 | J-GAAP |
Mar - May, 2024 | 316 | 27 | 28 | 18 | 7.0 | 8.5 | Jul 12, 2024 | J-GAAP |
Jun - Aug, 2024 | 230 | -36 | -37 | -24 | -9.2 | -15.7 | Oct 10, 2024 | J-GAAP |
YoY | +2.2% | +18.2% | +17.8% | +22.6% | +16.0% |
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