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e-LogiT co.,ltd., First Half Net Income Turns to Profit, Exceeds Full-Year Plan

Wed Nov 13, 2024 3:30 pm JST Earnings

9327 e-LogiT co.,ltd. 【J-GAAP】

Earnings Report

e-LogiT co.,ltd. <9327> [TSE-S] announced its financial results after the market closed on November 13th (15:30). The net income/loss (non-consolidated) for the cumulative second quarter of the fiscal year ending March 2025 (April to September) turned into a profit of 83 million yen (compared to a loss of 209 million yen in the same period last year). This has already exceeded the planned deficit of loss of 220 million yen for the .

Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the net loss for the October to March period (second half) is expected to further decrease to loss of 303 million yen (compared to a loss of 2.25 billion yen in the previous period).

In the most recent three-month period, from July to September (2Q), the net income/loss turned to a profit of profit of 113 million yen (compared to a loss of 128 million yen in the same period last year). The operating profit/loss margin drastically improved from -6.2% in the same period last year to 2.0%.

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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 6,538 0 6 0 0.1 Nov 14, 2022 J-GAAP
Apr - Sep, 2023 6,157 -271 -270 -209 -59.6 Nov 14, 2023 J-GAAP
Apr - Sep, 2024 5,710 15 14 83 21.3 Nov 13, 2024 J-GAAP
YoY -7.3%

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 May 15, 2024 J-GAAP
Apr - Sep, 2024 Results 5,710 15 14 83 21.3 0 Nov 13, 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 6,964 -922 -909 -2,257 -629.1 0 May 15, 2024 J-GAAP
Oct - Mar, 2024 Guidance 3,790 -215 -224 -303 -44.3 Nov 13, 2024 J-GAAP
YoY -45.6% +76.7% +75.4% +86.6% +93.0%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 12,825 -288 -281 -565 -161.8 0 May 15, 2023 J-GAAP
Mar, 2024 13,121 -1,193 -1,179 -2,466 -687.3 0 May 15, 2024 J-GAAP
Mar, 2025 Guidance 9,500 -200 -210 -220 -32.1 May 15, 2024 J-GAAP
YoY -27.6% +83.2% +82.2% +91.1% +95.3%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2023 3,115 -193 -194 -128 -36.5 -6.2 Nov 14, 2023 J-GAAP
Oct - Dec, 2023 3,725 -288 -282 -294 -83.1 -7.7 Feb 14, 2024 J-GAAP
Jan - Mar, 2024 3,239 -634 -627 -1,963 -547.1 -19.6 May 15, 2024 J-GAAP
Apr - Jun, 2024 3,004 -40 -35 -30 -8.3 -1.3 Aug 13, 2024 J-GAAP
Jul - Sep, 2024 2,706 55 49 113 29.0 2.0 Nov 13, 2024 J-GAAP
YoY -13.1%

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