kabutan

FaithNetwork, Apr-Dec (Cumulative 3Q) Ordinary Profit Turns to Profit, Oct-Dec Ordinary Profit Turns to Profit

Fri Feb 14, 2025 3:30 pm JST Earnings

3489 FaithNetwork Co.,Ltd 【J-GAAP】

Earnings Report

FaithNetwork Co.,Ltd <3489> [TSE Std] announced its financial results after the market closed on February 14th (15:30). The consolidated ordinary profit/loss for the cumulative third quarter of the fiscal year ending March 2025 (April to December) turned into a profit of 0.49 billion yen (compared to a loss of 0.85 billion yen in the same period last year). However, the progress rate toward the full-year plan of 4 billion yen was 12.4%, also falling below the five-year average of 16.6%.

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 for the January to March period (4Q) is expected to expand 32.6% from the same period last year, reaching 3.5 billion yen.

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit/loss turned to a profit of 0.46 billion yen (compared to a loss of 0.19 billion yen in the same period last year). The operating profit/loss margin drastically improved from -2.6% in the same period last year to 11.7%.

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 12,846 1,220 1,069 734 24.7 46.5 Feb 14, 2023 J-GAAP
Apr - Dec, 2023 7,009 -647 -857 -617 -20.9 ー Feb 14, 2024 J-GAAP
Apr - Dec, 2024 13,121 804 497 274 9.3 12.4 Feb 14, 2025 J-GAAP
YoY +87.2% － － － －

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 19,135 2,636 2,445 1,413 47.7 15 May 15, 2024 J-GAAP
Oct - Mar, 2024 Guidance 24,905 4,084 3,972 2,731 92.2 32 Nov 14, 2024 J-GAAP
YoY +30.2% +54.9% +62.5% +93.3% +93.1%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 20,968 2,518 2,301 1,593 53.6 14 May 15, 2023 J-GAAP
Mar, 2024 22,284 2,090 1,784 943 31.9 15 May 15, 2024 J-GAAP
Mar, 2025 Guidance 33,000 4,300 4,000 2,700 91.1 32 May 15, 2024 J-GAAP
YoY +48.1% +105.7% +124.2% +186.3% +186.0%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2023 3,860 -101 -196 -147 -5.0 -2.6 Feb 14, 2024 J-GAAP
Jan - Mar, 2024 15,275 2,737 2,641 1,560 52.7 17.9 May 15, 2024 J-GAAP
Apr - Jun, 2024 1,953 -424 -522 -374 -12.7 -21.7 Aug 14, 2024 J-GAAP
Jul - Sep, 2024 6,142 640 550 343 11.8 10.4 Nov 14, 2024 J-GAAP
Oct - Dec, 2024 5,026 588 469 305 10.3 11.7 Feb 14, 2025 J-GAAP
YoY +30.2% － － － －

Related Articles