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Ubiquitous AI Corporation, July-September (2Q) Ordinary Profit Turns to Profit

Thu Nov 14, 2024 4:00 pm JST Earnings

3858 Ubiquitous AI Corporation 【J-GAAP】

Earnings Report

Ubiquitous AI Corporation <3858> [TSE-S] announced its financial results after the market closed on November 14th (16:00). The consolidated ordinary loss for the cumulative second quarter of the fiscal year ending March 2025 (April to September) expanded to a loss of 98 million yen (compared to a loss of 62 million yen in the same period last year).

Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the October to March period (second half) is expected to decrease by 8.7% from the same period last year to 136 million yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit/loss turned to a profit of profit of 14 million yen (compared to a loss of 36 million yen in the same period last year). The operating profit/loss margin drastically improved from -5.8% in the same period last year to 1.8%.

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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 781 -172 -163 -166 -15.9 ー Nov 14, 2022 J-GAAP
Apr - Sep, 2023 1,242 -73 -62 -58 -5.6 ー Nov 14, 2023 J-GAAP
Apr - Sep, 2024 1,748 -98 -98 -68 -6.5 ー Nov 14, 2024 J-GAAP
YoY +40.7% -34.2% -58.1% -17.2% -15.6%

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 ー ー ー ー － 0 May 15, 2024 J-GAAP
Apr - Sep, 2024 Results 1,748 -98 -98 -68 -6.5 0 Nov 14, 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 2,236 144 149 90 8.9 0 May 15, 2024 J-GAAP
Oct - Mar, 2024 Guidance 2,274 138 136 46 4.4 0 Nov 14, 2024 J-GAAP
YoY +1.7% -4.2% -8.7% -48.9% -50.5%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 1,938 -84 -76 -148 -14.2 0 May 15, 2023 J-GAAP
Mar, 2024 3,478 71 87 32 3.2 0 May 15, 2024 J-GAAP
Mar, 2025 Guidance 4,022 40 38 -22 -2.1 0 May 15, 2024 J-GAAP
YoY +15.6% -43.7% -56.3% － －

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2023 608 -35 -36 -34 -3.3 -5.8 Nov 14, 2023 J-GAAP
Oct - Dec, 2023 858 -14 -10 -3 -0.3 -1.6 Feb 14, 2024 J-GAAP
Jan - Mar, 2024 1,378 158 159 93 9.2 11.5 May 15, 2024 J-GAAP
Apr - Jun, 2024 838 -114 -112 -75 -7.2 -13.6 Aug 14, 2024 J-GAAP
Jul - Sep, 2024 910 16 14 7 0.7 1.8 Nov 14, 2024 J-GAAP
YoY +49.7% － － － －

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