FreeBit, Aug-Oct (2Q) Ordinary Profit Increases by 17%

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.

Fri Dec 13, 2024 4:20 pm JST Earnings

3843 FreeBit Co., Ltd. 【J-GAAP】

Earnings Report

FreeBit Co., Ltd. <3843> [TSE Prime] announced its financial results after the market closed on December 13th (16:20). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending April 2025 (May to October) was 3.07 billion yen, a 2.1% increase compared to the same period last year. The progress rate toward the full-year plan of 5.5 billion yen was 55.9%, also surpassing the five-year average of 52.5%.

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 November to April period (second half) is expected to decrease 11.6% from the same period last year to 2.42 billion yen.

In the most recent three-month period, from August to October (2Q), the consolidated ordinary profit grew 16.8% from the same period last year, reaching 1.62 billion yen. The operating profit margin rose from 10.8% in the same period last year to 11.7%.

Kabutan News

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
May - Oct, 2022	22,581	1,962	1,805	843	44.9	48.7	Dec 9, 2022	J-GAAP
May - Oct, 2023	27,073	3,071	3,014	1,980	99.2	52.4	Dec 8, 2023	J-GAAP
May - Oct, 2024	26,622	3,024	3,076	1,768	88.2	55.9	Dec 13, 2024	J-GAAP
YoY	-1.7%	-1.5%	+2.1%	-10.7%	-11.1%

First Half Results vs. Previous Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
May - Oct, 2024 Guidance	ー	ー	ー	ー	－	0	Jul 24, 2024	J-GAAP
May - Oct, 2024 Results	26,622	3,024	3,076	1,768	88.2	0	Dec 13, 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
Nov - Apr, 2023	25,964	2,816	2,742	1,586	79.4	27	Jun 14, 2024	J-GAAP
Nov - Apr, 2024 Guidance	27,378	2,676	2,424	1,232	61.1	30	Dec 13, 2024	J-GAAP
YoY	+5.4%	-5.0%	-11.6%	-22.3%	-23.1%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Apr, 2023	46,771	4,007	3,707	1,792	95.1	8	Jun 9, 2023	J-GAAP
Apr, 2024	53,037	5,887	5,756	3,566	178.6	27	Jun 14, 2024	J-GAAP
Apr, 2025 Guidance	54,000	5,700	5,500	3,000	148.7	30	Jul 24, 2024	J-GAAP
YoY	+1.8%	-3.2%	-4.4%	-15.9%	-16.8%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Aug - Oct, 2023	13,033	1,407	1,391	1,117	56.0	10.8	Dec 8, 2023	J-GAAP
Nov - Jan, 2023	12,919	1,599	1,578	888	44.5	12.4	Mar 8, 2024	J-GAAP
Feb - Apr, 2024	13,045	1,217	1,164	698	35.0	9.3	Jun 14, 2024	J-GAAP
May - Jul, 2024	13,291	1,462	1,451	813	40.8	11.0	Sep 13, 2024	J-GAAP
Aug - Oct, 2024	13,331	1,562	1,625	955	47.6	11.7	Dec 13, 2024	J-GAAP
YoY	+2.3%	+11.0%	+16.8%	-14.5%	-14.9%