Ridge-i, Aug-Oct (1Q) Ordinary Profit Increases by 20 times

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Fri Dec 13, 2024 4:45 pm JST Earnings

5572 Ridge-i Inc. 【J-GAAP】

Earnings Report

Ridge-i Inc. <5572> [TSE Growth] announced its financial results after the market closed on December 13th (16:45). The consolidated ordinary profit for the first quarter of the fiscal year ending July 2025 (August to October) surged 20 times that of the previous period non-consolidated to 99 million yen. The progress rate toward the plan for the six months ending January (first half) of 115 million yen was 86.1%, also surpassing the progress rate of 10.4% from the same period of the previous year.

In the most recent three-month period, from August to October (1Q), the operating profit margin drastically improved from 2.4% in the same period last year to 14.5%.

Note: Since the current fiscal year, the company has transitioned to consolidated financial statements.

Kabutan News

Actual Results

Accumulated Results 1st Quarter

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Progress Rate vs. First Half	Announce	Accounting Standards
Aug - Oct, 2023	212	5	5	3	0.8	10.4	Dec 12, 2023	J-GAAP
Aug - Oct, 2024	688	100	99	51	13.3	86.1	Dec 13, 2024	J-GAAP
YoY	+224.5%	+1,900.0%	+1,880.0%	+1,600.0%	+1,560.0%

Current Period Guidance

H1 Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Aug - Jan, 2023	491	48	48	32	8.7	0	Mar 12, 2024	J-GAAP
Aug - Jan, 2024 Guidance	1,300	115	115	57	14.7	0	Sep 11, 2024	J-GAAP
YoY	+164.8%	+139.6%	+139.6%	+78.1%	+70.0%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Jul, 2023	790	70	60	44	12.5	0	Sep 12, 2023	J-GAAP
Jul, 2024	1,071	152	153	121	32.0	0	Sep 11, 2024	J-GAAP
Jul, 2025 Guidance	2,610	230	230	115	29.6	0	Sep 11, 2024	J-GAAP
YoY	+143.7%	+51.3%	+50.3%	-5.0%	-7.6%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Aug - Oct, 2023	212	5	5	3	0.8	2.4	Dec 12, 2023	J-GAAP
Nov - Jan, 2023	279	43	43	29	7.9	15.4	Mar 12, 2024	J-GAAP
Feb - Apr, 2024	289	81	82	53	14.1	28.0	Jun 10, 2024	J-GAAP
May - Jul, 2024	291	23	23	36	9.5	7.9	Sep 11, 2024	J-GAAP
Aug - Oct, 2024	688	100	99	51	13.3	14.5	Dec 13, 2024	J-GAAP
YoY	+224.5%	+1,900.0%	+1,880.0%	+1,600.0%	+1,560.0%