kabutan

ESCRIT INC., First Half Ordinary Profit Loss Widens, July-September Ordinary Profit Loss Widens

Tue Nov 12, 2024 3:30 pm JST Earnings

2196 ESCRIT INC. 【J-GAAP】

Earnings Report

ESCRIT INC. <2196> [TSE-S] announced its financial results after the market closed on November 12th (15:30). The consolidated ordinary loss for the cumulative second quarter of the fiscal year ending March 2025 (April to September) expanded to a loss of 467 million yen (compared to a loss of 343 million yen in the same period last year).

Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the October to March period (second half) is expected to grow by 15.8% from the same period last year, reaching 1.36 billion yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary loss expanded to a loss of 263 million yen (compared to a loss of 72 million yen in the same period last year). The operating profit/loss margin worsened from -1.8% in the same period last year to -4.2%.

Kabutan News

Actual Results

Accumulated Results 2nd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Apr - Sep, 2022 10,971 -410 -165 -176 -21.4 ー Nov 14, 2022 J-GAAP
Apr - Sep, 2023 11,816 -285 -343 -306 -33.8 ー Nov 14, 2023 J-GAAP
Apr - Sep, 2024 11,457 -416 -467 -324 -35.1 ー Nov 12, 2024 J-GAAP
YoY -3.0% -46.0% -36.2% -5.9% -3.9%

First Half Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2024 Guidance ー ー ー ー － 0 May 14, 2024 J-GAAP
Apr - Sep, 2024 Results 11,457 -416 -467 -324 -35.1 0 Nov 12, 2024 J-GAAP
Revision Rate － － － － －

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct - Mar, 2023 14,823 1,214 1,180 925 35.4 0 May 14, 2024 J-GAAP
Oct - Mar, 2024 Guidance 15,701 1,416 1,367 884 30.3 0 Nov 12, 2024 J-GAAP
YoY +5.9% +16.6% +15.8% -4.4% -14.4%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 24,129 210 452 168 -4.2 0 May 12, 2023 J-GAAP
Mar, 2024 26,639 929 837 619 23.7 0 May 14, 2024 J-GAAP
Mar, 2025 Guidance 27,158 1,000 900 560 19.2 0 May 14, 2024 J-GAAP
YoY +1.9% +7.6% +7.5% -9.5% -19.0%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2023 6,054 -110 -72 -82 -9.1 -1.8 Nov 14, 2023 J-GAAP
Oct - Dec, 2023 7,818 985 974 802 32.4 12.6 Feb 14, 2024 J-GAAP
Jan - Mar, 2024 7,005 229 206 123 4.7 3.3 May 14, 2024 J-GAAP
Apr - Jun, 2024 5,721 -177 -204 -142 -16.1 -3.1 Aug 13, 2024 J-GAAP
Jul - Sep, 2024 5,736 -239 -263 -182 -19.7 -4.2 Nov 12, 2024 J-GAAP
YoY -5.3% -117.3% -265.3% -122.0% -118.0%

Related Articles