kabutan

Convano, Oct-Dec (3Q) Net Income Turns to Profit

Fri Feb 14, 2025 3:30 pm JST Earnings

6574 Convano Inc. 【IFRS】

Earnings Report

Convano Inc. <6574> [TSE Growth] announced its financial results (based on IFRS) after the market closed on February 14th (15:30). The consolidated net income/loss for the cumulative third quarter of the fiscal year ending March 2025 (April to December) turned into a loss of 86 million yen (compared to a profit of 56 million yen in the same period last year).

Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated net loss for the January to March period (4Q) is expected to further decrease loss of 144 million yen (compared to a loss of 255 million yen in the same period last year).

In the most recent three-month period, from October to December (3Q), the consolidated net income/loss turned to a profit of 34 million yen (compared to a loss of 1 million yen in the same period last year). The operating profit margin significantly improved from 0.3% in the same period last year to 5.0%.

Kabutan News

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 1,707 -50 -56 -56 -0.3 ー Feb 10, 2023 IFRS
Apr - Dec, 2023 1,978 97 88 56 0.3 ー Feb 14, 2024 IFRS
Apr - Dec, 2024 2,341 -75 -80 -86 -0.2 ー Feb 14, 2025 IFRS
YoY +18.4% － － － －

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 1,257 -154 -159 -256 -1.0 0 May 10, 2024 IFRS
Oct - Mar, 2024 Guidance 1,887 -104 -110 -110 -0.3 0 Nov 14, 2024 IFRS
YoY +50.1% +32.5% +30.8% +57.0% +74.7%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 2,330 -36 -43 -34 -0.2 0 May 12, 2023 IFRS
Mar, 2024 2,589 -59 -70 -199 -0.8 0 May 10, 2024 IFRS
Mar, 2025 Guidance 3,400 -220 -230 -230 -0.5 0 Nov 14, 2024 IFRS
YoY +31.3% -272.9% -228.6% -15.6% +31.2%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2023 646 2 -1 -1 0.0 0.3 Feb 14, 2024 IFRS
Jan - Mar, 2024 611 -156 -158 -255 -1.0 -25.5 May 10, 2024 IFRS
Apr - Jun, 2024 700 -51 -53 -53 -0.1 -7.3 Aug 9, 2024 IFRS
Jul - Sep, 2024 813 -65 -67 -67 -0.2 -8.0 Nov 14, 2024 IFRS
Oct - Dec, 2024 828 41 40 34 0.1 5.0 Feb 14, 2025 IFRS
YoY +28.2% +1,950.0% － － －

Related Articles