Artra Group Corporation, January-September (Third Quarter Cumulative) Ordinary Profit Loss Narrows, July-September Ordinary Profit Increases by 14%

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Wed Nov 13, 2024 3:30 pm JST Earnings

6029 Artra Group Corporation 【J-GAAP】

Earnings Report

Artra Group Corporation <6029> [TSE-S] announced its financial results after the market closed on November 13th (15:30). The consolidated ordinary loss for the cumulative third quarter of the fiscal year ending December 2024 (January to September) was a reduced loss of 39 million yen (compared to a loss of 43 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 ordinary profit for the October to December period (4Q) is expected to expand by 41.9% from the same period last year, reaching 149 million yen.

In the most recent three-month period, from July to September (3Q), the consolidated ordinary profit grew by 14.3% from the same period last year, reaching 16 million yen. The operating profit margin improved from 1.2% in the same period last year to 1.6%.

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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, 2022	3,384	3	1	-11	-1.2	6.7	Nov 11, 2022	J-GAAP
Jan - Sep, 2023	3,142	-53	-43	-84	-8.6	ー	Nov 13, 2023	J-GAAP
Jan - Sep, 2024	3,083	-35	-39	-78	-7.7	ー	Nov 13, 2024	J-GAAP
YoY	-1.9%	+34.0%	+9.3%	+7.1%	+10.5%

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	2,389	116	119	124	12.7	0	Feb 14, 2024	J-GAAP
Jul - Dec, 2024 Guidance	2,732	172	165	143	13.9	0	Aug 8, 2024	J-GAAP
YoY	+14.4%	+48.3%	+38.7%	+15.3%	+9.6%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Dec, 2022	4,671	2	15	2	0.2	0	Feb 14, 2023	J-GAAP
Dec, 2023	4,497	51	62	53	5.4	0	Feb 14, 2024	J-GAAP
Dec, 2024 Guidance	4,783	120	110	80	7.8	0	Feb 14, 2024	J-GAAP
YoY	+6.4%	+135.3%	+77.4%	+50.9%	+43.5%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jul - Sep, 2023	1,034	12	14	-13	-1.3	1.2	Nov 13, 2023	J-GAAP
Oct - Dec, 2023	1,355	104	105	137	14.0	7.7	Feb 14, 2024	J-GAAP
Jan - Mar, 2024	1,043	-27	-30	-34	-3.4	-2.6	May 14, 2024	J-GAAP
Apr - Jun, 2024	1,008	-25	-25	-29	-2.9	-2.5	Aug 8, 2024	J-GAAP
Jul - Sep, 2024	1,032	17	16	-15	-1.5	1.6	Nov 13, 2024	J-GAAP
YoY	-0.2%	+41.7%	+14.3%	-15.4%	-11.4%