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AVANTIA CO.,LTD., 2.2 times Increase in Ordinary Profit for The Current Fiscal Year

Tue Oct 15, 2024 3:00 pm JST Earnings

8904 AVANTIA CO.,LTD. 【J-GAAP】

Earnings Report

AVANTIA CO.,LTD. <8904> [TSE-S] announced its financial results after the market closed on October 15th (15:00). The consolidated ordinary profit for the fiscal year ending August 2024 dropped by 53.2% from the previous period to 919 million yen. For the fiscal year ending August 2025, the profit is expected to recover in a V-shape, increasing by 2.2 times to 2 billion yen.

In the most recent three-month period, from June to August (4Q), the consolidated ordinary profit decreased to 1.09 billion yen, a 6.0% decrease compared to the same period last year. The operating profit margin worsened from 5.8% in the same period last year to 4.6%.

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Actual Results

Historical Performance
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Aug, 2022 58,753 2,325 2,420 1,870 131.2 38 Oct 11, 2022 J-GAAP
Aug, 2023 58,161 1,921 1,962 1,234 86.4 38 Oct 13, 2023 J-GAAP
Aug, 2024 71,021 946 919 589 41.1 38 Oct 15, 2024 J-GAAP
YoY +22.1% -50.8% -53.2% -52.3% -52.4%

Full Year Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Aug, 2024 Guidance 70,000 1,100 1,100 700 48.8 38 Apr 5, 2024 J-GAAP
Aug, 2024 Results 71,021 946 919 589 41.1 38 Oct 15, 2024 J-GAAP
Revision Rate +1.5% -14.0% -16.5% -15.9% -15.8%

Current Period Guidance

H1 Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Sep - Feb, 2023 31,846 -5 0 21 1.5 19 Apr 8, 2024 J-GAAP
Sep - Feb, 2024 Guidance 34,000 50 40 26 1.8 19 Oct 15, 2024 J-GAAP
YoY +6.8% +23.8% +21.6%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Aug, 2023 58,161 1,921 1,962 1,234 86.4 38 Oct 13, 2023 J-GAAP
Aug, 2024 71,021 946 919 589 41.1 38 Oct 15, 2024 J-GAAP
Aug, 2025 Guidance 82,000 2,200 2,000 1,200 83.2 38 Oct 15, 2024 J-GAAP
YoY +15.5% +132.6% +117.6% +103.7% +102.2%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jun - Aug, 2023 20,076 1,163 1,163 763 53.4 5.8 Oct 13, 2023 J-GAAP
Sep - Nov, 2023 15,133 38 40 75 5.3 0.3 Jan 11, 2024 J-GAAP
Dec - Feb, 2023 16,713 -43 -40 -54 -3.8 -0.3 Apr 8, 2024 J-GAAP
Mar - May, 2024 14,915 -166 -174 -103 -7.2 -1.1 Jul 11, 2024 J-GAAP
Jun - Aug, 2024 24,260 1,117 1,093 671 46.8 4.6 Oct 15, 2024 J-GAAP
YoY +20.8% -4.0% -6.0% -12.1% -12.4%

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