monoAI technology Co.,Ltd., The Current Fiscal Year Net Income Loss Widened in Downward Revision

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.

Thu Nov 14, 2024 4:00 pm JST Earnings

5240 monoAI technology Co.,Ltd. 【J-GAAP】

Earnings Report

monoAI technology Co.,Ltd. <5240> [TSE-G] announced its financial results after the market closed on November 14th (16:00). The consolidated net loss for the cumulative third quarter of the fiscal year ending December 2024 (January to September) expanded to a loss of 399 million yen (compared to a loss of 124 million yen in the same period last year).

In addition, the full-year consolidated net income/loss has been revised downward from an expected loss of 226 million yen to a loss of 559 million yen (compared to a loss of 203 million yen in the previous period), indicating an expansion in the loss margin.

Based on the full-year plan announced by the company after the downward revision, our estimate of the consolidated net income/loss for the July to December period (second half) has been revised downward from an expected profit of 87 million yen to a loss of 246 million yen (compared to a loss of 141 million yen in the same period of the previous year), turning to a loss outlook.

In the most recent three-month period, from July to September (3Q), the consolidated net loss expanded to a loss of 86 million yen (compared to a loss of 62 million yen in the same period last year). The operating profit/loss margin drastically worsened from -2.1% in the same period last year to -17.8%.

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, 2023	899	-97	-91	-124	-12.2	ー	Nov 10, 2023	J-GAAP
Jan - Sep, 2024	1,233	-207	-212	-399	-36.2	ー	Nov 14, 2024	J-GAAP
YoY	+37.2%	-113.4%	-133.0%	-221.8%	-197.5%

Guidance Update

Second Half Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Jul - Dec, 2024 Prev	881	82	87	87	7.1	0	Aug 14, 2024	J-GAAP
Jul - Dec, 2024 New	951	-134	-133	-246	-20.1	0	Nov 14, 2024	J-GAAP
Revision Rate	+7.9%	－	－	－	－

Full Year Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Dec, 2024 Prev	1,636	-40	-41	-226	-18.4	0	Aug 14, 2024	J-GAAP
Dec, 2024 New	1,706	-256	-261	-559	-45.6	0	Nov 14, 2024	J-GAAP
Revision Rate	+4.3%	-540.0%	-536.6%	-147.3%	-147.3%

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	732	-85	-79	-141	-13.8	0	Feb 14, 2024	J-GAAP
Jul - Dec, 2024 Guidance	951	-134	-133	-246	-20.1	0	Nov 14, 2024	J-GAAP
YoY	+29.9%	-57.6%	-68.4%	-74.5%	-46.0%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Dec, 2022	1,451	70	56	71	8.2	0	Feb 14, 2023	J-GAAP
Dec, 2023	1,244	-174	-167	-203	-19.8	0	Feb 14, 2024	J-GAAP
Dec, 2024 Guidance	1,706	-256	-261	-559	-45.6	0	Nov 14, 2024	J-GAAP
YoY	+37.1%	-47.1%	-56.3%	-175.4%	-130.3%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jul - Sep, 2023	387	-8	-3	-62	-6.1	-2.1	Nov 10, 2023	J-GAAP
Oct - Dec, 2023	345	-77	-76	-79	-7.7	-22.3	Feb 14, 2024	J-GAAP
Jan - Mar, 2024	400	-31	-31	-33	-3.2	-7.8	May 9, 2024	J-GAAP
Apr - Jun, 2024	355	-91	-97	-280	-26.9	-25.6	Aug 14, 2024	J-GAAP
Jul - Sep, 2024	478	-85	-84	-86	-7.8	-17.8	Nov 14, 2024	J-GAAP
YoY	+23.5%	-962.5%	-2,700.0%	-38.7%	-28.3%