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INFORICH INC., January-September (Third Quarter Cumulative) Ordinary Profit Increases by 2.8 times, July-September Ordinary Profit Increases by 84%

Wed Nov 13, 2024 3:30 pm JST Earnings

9338 INFORICH INC. 【J-GAAP】

Earnings Report

INFORICH INC. <9338> [TSE-G] announced its financial results after the market closed on November 13th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending December 2024 (January to September) surged by 2.8 times that of the same period last year, reaching 1.05 billion yen. The progress rate against the 1.51 billion yen full-year plan was 69.8%, exceeding the same period of the previous year of 59.4%.

Based on the third-quarter cumulative performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the October to December period (4Q) is expected to expand by 78.2% from the same period last year, reaching 458 million yen.

In the most recent three-month period, from July to September (3Q), the consolidated ordinary profit increased by 84.0% from the same period last year, reaching 493 million yen. The operating profit margin jumped from 11.0% in the same period last year to 24.2%.

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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, 2023 5,390 259 376 251 27.1 59.4 Nov 14, 2023 J-GAAP
Jan - Sep, 2024 7,473 1,112 1,057 893 94.5 69.8 Nov 13, 2024 J-GAAP
YoY +38.6% +329.3% +181.1% +255.8% +249.3%

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 4,392 576 525 531 57.2 0 Feb 14, 2024 J-GAAP
Jul - Dec, 2024 Guidance 5,427 1,222 951 1,090 115.0 Aug 13, 2024 J-GAAP
YoY +23.6% +112.2% +81.1% +105.3% +101.1%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2022 4,389 -1,397 -1,177 -1,241 -138.5 0 Feb 14, 2023 J-GAAP
Dec, 2023 7,681 603 633 571 61.5 0 Feb 14, 2024 J-GAAP
Dec, 2024 Guidance 10,011 1,635 1,515 1,514 159.8 Feb 14, 2024 J-GAAP
YoY +30.3% +171.1% +139.3% +165.1% +159.8%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2023 2,101 232 268 211 22.8 11.0 Nov 14, 2023 J-GAAP
Oct - Dec, 2023 2,291 344 257 320 34.5 15.0 Feb 14, 2024 J-GAAP
Jan - Mar, 2024 2,087 125 194 99 10.6 6.0 May 14, 2024 J-GAAP
Apr - Jun, 2024 2,497 288 370 325 34.4 11.5 Aug 13, 2024 J-GAAP
Jul - Sep, 2024 2,889 699 493 469 49.6 24.2 Nov 13, 2024 J-GAAP
YoY +37.5% +201.3% +84.0% +122.3% +118.2%

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