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infoNet inc., First Half Ordinary Profit Increases by 65%, July-September Ordinary Profit Increases by 73%

Thu Nov 14, 2024 4:00 pm JST Earnings

4444 infoNet inc. 【J-GAAP】

Earnings Report

infoNet inc. <4444> [TSE-G] announced its financial results after the market closed on November 14th (16:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) expanded to 43 million yen, an increase of 65.4% compared to the same period last year. The progress rate against the 211 million yen full-year plan was 20.4%, exceeding the same period of the previous year of 15.5%.

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 grow by 18.3% from the same period last year, reaching 168 million yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit increased by 73.1% from the same period last year, reaching 45 million yen. The operating profit margin improved from 6.6% in the same period last year to 9.4%.

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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 780 25 23 -5 -2.8 16.5 Nov 14, 2022 J-GAAP
Apr - Sep, 2023 802 45 26 2 1.2 15.5 Nov 14, 2023 J-GAAP
Apr - Sep, 2024 916 45 43 11 5.5 20.4 Nov 14, 2024 J-GAAP
YoY +14.2% 0.0% +65.4% +450.0% +366.7%

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 0 May 14, 2024 J-GAAP
Apr - Sep, 2024 Results 916 45 43 11 5.5 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 965 143 142 97 48.0 0 May 14, 2024 J-GAAP
Oct - Mar, 2024 Guidance 1,262 172 168 109 53.4 0 Nov 14, 2024 J-GAAP
YoY +30.8% +20.3% +18.3% +12.4% +11.4%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 1,695 142 139 82 41.3 0 May 15, 2023 J-GAAP
Mar, 2024 1,767 188 168 99 48.9 0 May 14, 2024 J-GAAP
Mar, 2025 Guidance 2,178 217 211 120 58.8 0 May 14, 2024 J-GAAP
YoY +23.3% +15.4% +25.6% +21.2% +20.1%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2023 408 27 26 16 9.4 6.6 Nov 14, 2023 J-GAAP
Oct - Dec, 2023 460 76 75 53 26.4 16.5 Feb 14, 2024 J-GAAP
Jan - Mar, 2024 505 67 67 44 21.8 13.3 May 14, 2024 J-GAAP
Apr - Jun, 2024 429 -1 -2 -17 -8.6 -0.2 Aug 13, 2024 J-GAAP
Jul - Sep, 2024 487 46 45 28 13.9 9.4 Nov 14, 2024 J-GAAP
YoY +19.4% +70.4% +73.1% +75.0% +48.5%

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