GRANDES,Inc., January-September (Third Quarter Cumulative) Net Income Turns to Loss, July-September Net Income Turns to Loss

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Fri Nov 8, 2024 11:30 am JST Earnings

3261 GRANDES,Inc. 【J-GAAP】

Earnings Report

GRANDES,Inc. <3261> [TSE-G] announced its financial results at noon (11:30) on November 8th. The consolidated net income/loss for the cumulative third quarter of the fiscal year ending December 2024 (January to September) turned into a loss of 5 million yen (compared to a profit of 105 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 net income for the October to December period (4Q) is expected to surge by 4.9 times that of the same period last year, reaching 355 million yen.

In the most recent three-month period, from July to September (3Q), the consolidated net income/loss turned to a loss of 36 million yen (compared to a profit of 130 million yen in the same period last year). The operating profit/loss margin drastically worsened from 4.0% in the same period last year to -5.8%.

Kabutan News

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
Jan - Sep, 2022	1,165	36	35	17	4.9	15.6	Nov 10, 2022	J-GAAP
Jan - Sep, 2023	3,538	39	41	105	30.2	33.6	Nov 10, 2023	J-GAAP
Jan - Sep, 2024	2,606	5	6	-5	-1.7	1.2	Nov 8, 2024	J-GAAP
YoY	-26.3%	-87.2%	-85.4%	－	－

Current Period Guidance

Second Half Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Jul - Dec, 2023	2,118	129	124	203	58.2	15	Feb 9, 2024	J-GAAP
Jul - Dec, 2024 Guidance	2,341	452	452	319	80.5	20	Aug 9, 2024	J-GAAP
YoY	+10.5%	+250.4%	+264.5%	+57.1%	+38.2%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Dec, 2022	2,661	226	224	65	18.8	14	Feb 10, 2023	J-GAAP
Dec, 2023	4,600	126	122	178	51.1	15	Feb 9, 2024	J-GAAP
Dec, 2024 Guidance	4,200	500	500	350	88.3	20	Aug 9, 2024	J-GAAP
YoY	-8.7%	+296.8%	+309.8%	+96.6%	+73.0%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jul - Sep, 2023	1,056	42	43	130	37.4	4.0	Nov 10, 2023	J-GAAP
Oct - Dec, 2023	1,062	87	81	73	20.9	8.2	Feb 9, 2024	J-GAAP
Jan - Mar, 2024	1,003	37	37	28	8.2	3.7	May 10, 2024	J-GAAP
Apr - Jun, 2024	856	11	11	3	0.9	1.3	Aug 9, 2024	J-GAAP
Jul - Sep, 2024	747	-43	-42	-36	-11.9	-5.8	Nov 8, 2024	J-GAAP
YoY	-29.3%	－	－	－	－