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WELLNET CORPORATION, July-September (1Q) Ordinary Profit Increases by 64%

Wed Oct 30, 2024 3:30 pm JST Earnings

2428 WELLNET CORPORATION 【J-GAAP】

Earnings Report

WELLNET CORPORATION <2428> [TSE-S] announced its financial results after the market closed on October 30th (15:30). The ordinary profit (non-consolidated) for the first quarter of the fiscal year ending June 2025 (July to September) expanded to 427 million yen, an increase of 63.6% compared to the same period last year. The progress rate against the 1.5 billion yen full-year plan was 28.5%, also surpassing the five-year average of 22.6%.

In the most recent three-month period, from July to September (1Q), the operating profit margin jumped from 11.3% in the same period last year to 15.0%.

Kabutan News

Actual Performance and Financial Trends

Accumulated Results 1st Quarter
Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Progress Rate
vs. First Half
Announce Accounting
Standards
Jul - Sep, 2022
2,272M 234M 226M 217M 11.6 40.3 Oct 31, 2022 J-GAAP
Jul - Sep, 2023
2,315M 261M 261M 178M 9.5 46.3 Oct 30, 2023 J-GAAP
Jul - Sep, 2024
2,816M 423M 427M 294M 15.6 Oct 30, 2024 J-GAAP
YoY +21.6% +62.1% +63.6% +65.2% +65.5%

Current Period Guidance

First Half Results
Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Adj.
Dividend
Announce Accounting
Standards
Jul - Dec, 2023
4,897M 563M 564M 385M 20.4 0 Feb 2, 2024 J-GAAP
Guidance
Jul - Dec, 2024
0 Aug 14, 2024 J-GAAP
YoY
Current Period Guidance
Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Adj.
Dividend
Announce Accounting
Standards
Jun, 2023
9,424M 939M 935M 635M 33.7 16.84 Aug 14, 2023 J-GAAP
Jun, 2024
10,132M 1,222M 1,223M 836M 44.3 22.15 Aug 14, 2024 J-GAAP
Guidance
Jun, 2025
12,000M 1,500M 1,000M 53.3 26.46 Aug 14, 2024 J-GAAP
YoY +18.4% +22.6% +19.6% +20.4%

Quarterly Results

Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Operating
Profit Margin
Announce Accounting
Standards
Jul - Sep, 2023
2,315M 261M 261M 178M 9.5 11.3 Oct 30, 2023 J-GAAP
Oct - Dec, 2023
2,582M 302M 303M 207M 11.0 11.7 Feb 2, 2024 J-GAAP
Jan - Mar, 2024
2,663M 359M 359M 258M 13.7 13.5 May 8, 2024 J-GAAP
Apr - Jun, 2024
2,572M 300M 300M 193M 10.2 11.7 Aug 14, 2024 J-GAAP
Jul - Sep, 2024
2,816M 423M 427M 294M 15.6 15.0 Oct 30, 2024 J-GAAP
YoY +21.6% +62.1% +63.6% +65.2% +65.5%