ALTECH CO., LTD., December-August (Third Quarter Cumulative) Ordinary Profit Turns to Loss, June-Augus Ordinary Profit Turns to Loss

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Thu Oct 10, 2024 4:30 pm JST Earnings

9972 ALTECH CO., LTD. 【J-GAAP】

Earnings Report

ALTECH CO., LTD. <9972> [TSE-S] announced its financial results after the market closed on October 10th (16:30). The consolidated ordinary profit/loss for the cumulative third quarter of the fiscal year ending November 2024 (December 2023 to August 2024) turned into a loss of 173 million yen (compared to a profit of 24 million yen in the same period last year).

Based on the third-quarter cumulative performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary loss for the September to November period (4Q) is expected to further decrease to loss of 127 million yen (compared to a loss of 987 million yen in the same period last year).

In the most recent three-month period, from June to August (3Q), the consolidated ordinary profit/loss turned to a loss of 172 million yen (compared to a profit of 94 million yen in the same period last year). The operating profit/loss margin drastically worsened from 1.3% in the same period last year to -3.9%.

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Actual Results

Accumulated Results 3rd Quarter

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Progress Rate vs. First Half	Announce	Accounting Standards
Dec - Aug, 2021	11,646	517	539	399	27.6	113.2	Oct 5, 2022	J-GAAP
Dec - Aug, 2022	12,790	-21	24	-74	-5.4	ー	Oct 5, 2023	J-GAAP
Dec - Aug, 2023	13,889	-191	-173	430	31.3	ー	Oct 10, 2024	J-GAAP
YoY	+8.6%	-809.5%	－	－	－

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	10,198	-188	-893	-903	-65.7	7	Jan 15, 2024	J-GAAP
Jun - Nov, 2024 Guidance	10,265	-191	-299	171	12.4	7	Jul 5, 2024	J-GAAP
YoY	+0.7%	-1.6%	+66.5%	－	－

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Nov, 2022	16,319	440	476	402	28.2	10	Jan 13, 2023	J-GAAP
Nov, 2023	17,832	-275	-963	-1,026	-74.6	7	Jan 15, 2024	J-GAAP
Nov, 2024 Guidance	19,500	-200	-300	100	7.3	7	Jul 5, 2024	J-GAAP
YoY	+9.4%	+27.3%	+68.8%	－	－

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jun - Aug, 2023	5,156	66	94	49	3.6	1.3	Oct 5, 2023	J-GAAP
Sep - Nov, 2023	5,042	-254	-987	-952	-69.2	-5.0	Jan 15, 2024	J-GAAP
Dec - Feb, 2023	4,064	-18	-19	-42	-3.1	-0.4	Apr 11, 2024	J-GAAP
Mar - May, 2024	5,171	9	18	-29	-2.1	0.2	Jul 5, 2024	J-GAAP
Jun - Aug, 2024	4,654	-182	-172	501	36.5	-3.9	Oct 10, 2024	J-GAAP
YoY	-9.7%	－	－	+922.4%	+918.4%