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Lovable Marketing Group,inc., Last Fiscal Year Ordinary Profit Revised Upward by 40%

Mon Nov 18, 2024 2:00 pm JST Revision

9254 Lovable Marketing Group,inc. 【J-GAAP】

Guidance Update Report

Lovable Marketing Group,inc. <9254> [TSE-G] announced a performance revision in the afternoon session on November 18th (14:00). The consolidated ordinary profit for the fiscal year ending October 2024 has been revised upward by 40.0%, from the previous forecast of 100 million yen to 140 million yen.

Based on the upwardly revised full-year plan announced by the company, our calculation indicates that the May to October period (second half) consolidated ordinary loss has been revised upward from an expected loss of 55 million yen to a loss of 15 million yen, indicating a reduction in the loss margin.

Note: Due to a change in the fiscal year ending October 2023 (7-month fiscal year), comparisons with the same period in the previous year are not provided since there is no corresponding period.

Kabutan News

Guidance Update

Second Half Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
May - Oct, 2024 Prev 908 -45 -55 -21 -17.2 0 Jun 14, 2024 J-GAAP
May - Oct, 2024 New 1,058 -15 -15 -21 -14.5 0 Nov 18, 2024 J-GAAP
Revision Rate +16.5% +66.7% +72.7% 0.0% +15.4%

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct, 2024 Prev 2,000 100 100 60 49.0 0 Dec 13, 2023 J-GAAP
Oct, 2024 New 2,150 130 140 60 41.5 0 Nov 18, 2024 J-GAAP
Revision Rate +7.5% +30.0% +40.0% 0.0% -15.4%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct - Oct, 2023 Changed 0 Dec 13, 2023 J-GAAP
May - Oct, 2024 Guidance 1,058 -15 -15 -21 -14.5 0 Nov 18, 2024 J-GAAP
YoY

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 1,653 80 79 44 31.5 0 May 12, 2023 J-GAAP
Oct, 2023 Changed 1,025 22 25 9 6.8 0 Dec 13, 2023 J-GAAP
Oct, 2024 Guidance 2,150 130 140 60 41.5 0 Nov 18, 2024 J-GAAP
YoY

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