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Petgo, Apr-Dec (Cumulative 3Q) Ordinary Profit Increases by 20%, Exceeds Full-Year Plan

Wed Feb 12, 2025 3:30 pm JST Earnings

7140 Petgo Corporation 【J-GAAP】

Earnings Report

Petgo Corporation <7140> [TSE Growth] announced its financial results after the market closed on February 12th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2025 (April to December) increased 19.9% from the same period last year, reaching 259 million yen. The progress rate toward the full-year plan of 156 million yen is 166.0%, already exceeding the target and also exceeding the three-year average of 95.2%.

Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit/loss for the January to March period (4Q) is expected to turn into a loss of 103 million yen (compared to a profit of 25 million yen in the same period last year).

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit surged 9.2 times that of the same period last year, reaching 175 million yen. The operating profit margin drastically improved from 0.8% in the same period last year to 7.2%.

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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
Apr - Dec, 2022 7,640 290 286 194 110.1 124.3 Feb 8, 2023 J-GAAP
Apr - Dec, 2023 7,572 221 216 149 81.0 89.6 Feb 8, 2024 J-GAAP
Apr - Dec, 2024 7,035 270 259 173 92.7 166.0 Feb 12, 2025 J-GAAP
YoY -7.1% +22.2% +19.9% +16.1% +14.5%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct - Mar, 2023 4,853 47 44 34 18.4 0 May 15, 2024 J-GAAP
Oct - Mar, 2024 Guidance 4,395 68 72 49 26.8 0 Nov 14, 2024 J-GAAP
YoY -9.4% +44.7% +63.6% +44.1% +45.7%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 10,025 236 230 153 85.8 0 May 15, 2023 J-GAAP
Mar, 2024 9,905 247 241 172 93.1 0 May 15, 2024 J-GAAP
Mar, 2025 Guidance 8,931 158 156 102 55.8 0 Nov 14, 2024 J-GAAP
YoY -9.8% -36.0% -35.3% -40.7% -40.1%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2023 2,520 21 19 11 6.0 0.8 Feb 8, 2024 J-GAAP
Jan - Mar, 2024 2,333 26 25 23 12.5 1.1 May 15, 2024 J-GAAP
Apr - Jun, 2024 2,266 32 30 20 11.1 1.4 Aug 9, 2024 J-GAAP
Jul - Sep, 2024 2,270 58 54 33 17.8 2.6 Nov 14, 2024 J-GAAP
Oct - Dec, 2024 2,499 180 175 120 64.3 7.2 Feb 12, 2025 J-GAAP
YoY -0.8% +757.1% +821.1% +990.9% +975.4%

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