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Welby Inc., January-September (Third Quarter Cumulative) Net Income Loss Widens, July-September Net Income Loss Widens

Thu Nov 14, 2024 4:00 pm JST Earnings

4438 Welby Inc. 【J-GAAP】

Earnings Report

Welby Inc. <4438> [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 524 million yen (compared to a loss of 388 million yen in the same period last year).

In the most recent three-month period, from July to September (3Q), the consolidated net loss expanded to a loss of 221 million yen (compared to a loss of 118 million yen in the same period last year). The operating profit/loss margin drastically worsened from -89.4% in the same period last year to -204.5%.

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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 543 -223 -229 -229 -29.3 Nov 11, 2022 J-GAAP
Jan - Sep, 2023 346 -402 -404 -388 -49.6 Nov 13, 2023 J-GAAP
Jan - Sep, 2024 297 -536 -537 -524 -64.6 Nov 14, 2024 J-GAAP
YoY -14.2% -33.3% -32.9% -35.1% -30.1%

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 361 -153 -153 -235 -30.0 0 Feb 14, 2024 J-GAAP
Jul - Dec, 2024 Guidance 988 143 0 Aug 13, 2024 J-GAAP
YoY +173.7%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2022 1,050 60 73 33 4.3 0 Feb 10, 2023 J-GAAP
Dec, 2023 575 -437 -438 -505 -64.5 0 Feb 14, 2024 J-GAAP
Dec, 2024 Guidance 1,173 -164 0 Aug 13, 2024 J-GAAP
YoY +104.0% +62.5%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2023 132 -118 -119 -118 -15.1 -89.4 Nov 13, 2023 J-GAAP
Oct - Dec, 2023 229 -35 -34 -117 -15.0 -15.3 Feb 14, 2024 J-GAAP
Jan - Mar, 2024 102 -128 -128 -126 -16.2 -125.5 May 14, 2024 J-GAAP
Apr - Jun, 2024 83 -179 -180 -177 -22.0 -215.7 Aug 13, 2024 J-GAAP
Jul - Sep, 2024 112 -229 -229 -221 -27.2 -204.5 Nov 14, 2024 J-GAAP
YoY -15.2% -94.1% -92.4% -87.3% -80.4%

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