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ZOOM CORPORATION, January-September (Third Quarter Cumulative) Ordinary Profit Turns to Loss, July-September Ordinary Profit Turns to Loss

Wed Nov 13, 2024 3:30 pm JST Earnings

6694 ZOOM CORPORATION 【J-GAAP】

Earnings Report

ZOOM CORPORATION <6694> [TSE-S] announced its financial results after the market closed on November 13th (15:30). The consolidated ordinary profit/loss for the cumulative third quarter of the fiscal year ending December 2024 (January to September) turned into a loss of 141 million yen (compared to a profit of 272 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 surge by 2.1 times that of the same period last year, reaching 781 million yen.

In the most recent three-month period, from July to September (3Q), the consolidated ordinary profit/loss turned to a loss of 155 million yen (compared to a profit of 5 million yen in the same period last year). The operating profit/loss margin drastically worsened from 1.3% in the same period last year to -4.0%.

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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 8,835 38 61 -44 -10.5 8.5 Nov 8, 2022 J-GAAP
Jan - Sep, 2023 12,612 342 272 -82 -19.0 41.9 Nov 13, 2023 J-GAAP
Jan - Sep, 2024 12,121 -97 -141 -464 -107.0 ー Nov 13, 2024 J-GAAP
YoY -3.9% － － -465.9% -464.2%

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 9,583 286 382 91 21.3 30 Feb 14, 2024 J-GAAP
Jul - Dec, 2024 Guidance 9,274 672 626 294 67.5 31 Aug 14, 2024 J-GAAP
YoY -3.2% +135.0% +63.9% +223.1% +216.4%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2022 13,235 664 720 377 88.4 50 Feb 14, 2023 J-GAAP
Dec, 2023 17,901 573 649 88 20.6 30 Feb 14, 2024 J-GAAP
Dec, 2024 Guidance 17,500 730 640 30 6.9 31 Aug 14, 2024 J-GAAP
YoY -2.2% +27.4% -1.4% -65.9% -66.6%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2023 4,294 55 5 -79 -18.3 1.3 Nov 13, 2023 J-GAAP
Oct - Dec, 2023 5,289 231 377 170 39.9 4.4 Feb 14, 2024 J-GAAP
Jan - Mar, 2024 3,978 55 32 -78 -18.2 1.4 May 13, 2024 J-GAAP
Apr - Jun, 2024 4,248 3 -18 -186 -43.0 0.1 Aug 14, 2024 J-GAAP
Jul - Sep, 2024 3,895 -155 -155 -200 -46.1 -4.0 Nov 13, 2024 J-GAAP
YoY -9.3% － － -153.2% -152.4%

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