QB Net Holdings Co.,Ltd., July-September (1Q) Net Income Decreases by 41%

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Tue Nov 12, 2024 5:00 pm JST Earnings

6571 QB Net Holdings Co.,Ltd. 【IFRS】

Earnings Report

QB Net Holdings Co.,Ltd. <6571> [TSE-P] announced its financial results (based on IFRS) after the market closed on November 12th (17:00). The consolidated net income for the first quarter of the fiscal year ending June 2025 (July to September) dropped by 41.4% from the same period last year to 344 million yen. The progress rate against the 1.22 billion yen full-year plan was 28.2%, below the four-year average of 55.0%.

In the most recent three-month period, from July to September (1Q), the operating profit margin significantly dropped from 13.8% in the same period last year to 8.5%.

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Actual Results

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	5,568	612	579	394	30.5	57.3	Nov 14, 2022	IFRS
Jul - Sep, 2023	6,311	873	839	587	45.0	68.8	Nov 13, 2023	IFRS
Jul - Sep, 2024	6,370	542	498	344	26.3	ー	Nov 12, 2024	IFRS
YoY	+0.9%	-37.9%	-40.6%	-41.4%	-41.5%

Current Period Guidance

H1 Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Jul - Dec, 2023	12,338	1,290	1,219	844	64.6	0	Feb 13, 2024	IFRS
Jul - Dec, 2024 Guidance	ー	ー	ー	ー	－	0	Aug 13, 2024	IFRS
YoY	－	－	－	－	－

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Jun, 2023	22,746	2,138	1,990	1,444	111.1	20	Aug 14, 2023	IFRS
Jun, 2024	24,757	2,115	1,964	1,301	99.4	27	Aug 13, 2024	IFRS
Jun, 2025 Guidance	25,710	1,900	1,750	1,220	92.6	35	Aug 13, 2024	IFRS
YoY	+3.8%	-10.2%	-10.9%	-6.2%	-6.8%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jul - Sep, 2023	6,311	873	839	587	45.0	13.8	Nov 13, 2023	IFRS
Oct - Dec, 2023	6,027	417	380	257	19.7	6.9	Feb 13, 2024	IFRS
Jan - Mar, 2024	5,936	370	332	234	17.9	6.2	May 14, 2024	IFRS
Apr - Jun, 2024	6,483	455	413	223	17.0	7.0	Aug 13, 2024	IFRS
Jul - Sep, 2024	6,370	542	498	344	26.3	8.5	Nov 12, 2024	IFRS
YoY	+0.9%	-37.9%	-40.6%	-41.4%	-41.5%