Atlas Technologies Corporation, January-September (Third Quarter Cumulative) Ordinary Profit Turns to Loss, July-September Ordinary Profit Loss Widens

About Information Provided on This Site

The information provided on our website 'Kabutan.com' is not intended to constitute investment solicitation or investment advisory services.
All investment decisions should be made at your own discretion and judgment.
The data on our website is provided by Tokyo Stock Exchange, Osaka Exchange, Nagoya Securities Exchange, JPX Market Innovation & Research, Japannext, and other sources.
Copyright of the Nikkei Stock Average belongs to Nikkei Inc. Stock price charts displayed on Kabutan.com are provided solely for the purpose of reviewing historical price movements of the securities.
These charts neither suggest nor guarantee future price movements of the securities and do not constitute recommendations to buy or sell.
In our financial results coverage, the term 'Surprise Results' identifies securities that demonstrate a significant degree of surprise in their earnings announcements.
This significance is quantitatively assessed based on multiple factors, including: the nature of the announcement (full-year or quarterly results); types of revisions (earnings or dividend forecasts); and numerical analysis comparing the announced results with both the company's previous forecasts and historical performance.
The 'Surprise Ranking' presents these results in order of their calculated surprise factor. Please note that neither these results nor rankings are intended to suggest or guarantee future performance of the listed securities, nor should they be construed as recommendations to buy or sell.

Wed Nov 13, 2024 3:30 pm JST Earnings

9563 Atlas Technologies Corporation 【J-GAAP】

Earnings Report

Atlas Technologies Corporation <9563> [TSE-G] 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 295 million yen (compared to a profit of 178 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 loss for the October to December period (4Q) is expected to expand to a loss of 76 million yen (compared to a loss of 50 million yen in the same period last year).

In the most recent three-month period, from July to September (3Q), the consolidated ordinary loss expanded to a loss of 134 million yen (compared to a loss of 12 million yen in the same period last year). The operating profit/loss margin drastically worsened from -1.6% in the same period last year to -22.3%.

Kabutan News

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	2,109	503	504	330	54.2	82.1	Nov 14, 2022	J-GAAP
Jan - Sep, 2023	2,075	176	178	113	15.9	139.1	Nov 13, 2023	J-GAAP
Jan - Sep, 2024	1,578	-296	-295	-230	-31.2	ー	Nov 13, 2024	J-GAAP
YoY	-24.0%	－	－	－	－

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	1,140	-57	-62	-45	-6.4	0	Feb 14, 2024	J-GAAP
Jul - Dec, 2024 Guidance	1,244	-204	-210	-235	-31.9	0	Aug 14, 2024	J-GAAP
YoY	+9.1%	-257.9%	-238.7%	-422.2%	-402.2%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Dec, 2022	2,806	627	614	405	64.5	0	Feb 14, 2023	J-GAAP
Dec, 2023	2,589	129	128	75	10.6	0	Feb 14, 2024	J-GAAP
Dec, 2024 Guidance	2,261	-375	-371	-372	-50.5	0	Feb 14, 2024	J-GAAP
YoY	-12.7%	－	－	－	－

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jul - Sep, 2023	626	-10	-12	-7	-1.0	-1.6	Nov 13, 2023	J-GAAP
Oct - Dec, 2023	514	-47	-50	-38	-5.4	-9.1	Feb 14, 2024	J-GAAP
Jan - Mar, 2024	510	-67	-62	-53	-7.3	-13.1	May 15, 2024	J-GAAP
Apr - Jun, 2024	507	-104	-99	-84	-11.4	-20.5	Aug 14, 2024	J-GAAP
Jul - Sep, 2024	561	-125	-134	-93	-12.6	-22.3	Nov 13, 2024	J-GAAP
YoY	-10.4%	-1,150.0%	-1,016.7%	-1,228.6%	-1,175.8%