kabutan

Convano, 4.3 times Increase in Net Income, Record High for The First Time in Six Years

Thu May 15, 2025 5:00 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 May 15th (17:00). The consolidated net income/loss for the fiscal year ending March 2025 turned into a profit of 78 million yen (compared to a loss of 199 million yen in the previous period), exceeding the forecast of a loss of 230 million yen loss and turning an expected deficit into a profit. For the fiscal year ending March 2026, the consolidated net income is expected to surge 4.3 times the previous term, reaching 334 million yenExpected to reach record high profits for the first time in six years.

In the most recent three-month period, from January to March (4Q), the consolidated net income/loss turned to a profit of 164 million yen (compared to a loss of 255 million yen in the same period last year). The operating profit/loss margin drastically improved from -25.5% in the same period last year to 23.3%.

Kabutan News

Actual Results

Historical Performance
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 2,330 -36 -43 -34 -15.1 0 May 12, 2023 IFRS
Mar, 2024 2,589 -59 -70 -199 -77.3 0 May 10, 2024 IFRS
Mar, 2025 3,241 135 128 78 18.0 0 May 15, 2025 IFRS
YoY +25.2%

Full Year Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2025 Guidance 3,400 -220 -230 -230 -53.1 0 Nov 14, 2024 IFRS
Mar, 2025 Results 3,241 135 128 78 18.0 0 May 15, 2025 IFRS
Revision Rate -4.7%

Current Period Guidance

H1 Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2024 1,513 -116 -120 -120 -27.6 0 Nov 14, 2024 IFRS
Apr - Sep, 2025 Guidance 0 May 15, 2025 IFRS
YoY

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 2,589 -59 -70 -199 -77.3 0 May 10, 2024 IFRS
Mar, 2025 3,241 135 128 78 18.0 0 May 15, 2025 IFRS
Mar, 2026 Guidance 5,600 510 510 334 77.1 0 May 15, 2025 IFRS
YoY +72.8% +277.8% +298.4% +328.2% +329.0%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jan - Mar, 2024 611 -156 -158 -255 -99.1 -25.5 May 10, 2024 IFRS
Apr - Jun, 2024 700 -70 -72 -72 -16.6 -10.0 Aug 9, 2024 IFRS
Jul - Sep, 2024 813 -46 -48 -48 -11.0 -5.7 Nov 14, 2024 IFRS
Oct - Dec, 2024 828 41 40 34 7.9 5.0 Feb 14, 2025 IFRS
Jan - Mar, 2025 900 210 208 164 37.8 23.3 May 15, 2025 IFRS
YoY +47.3%

Related Articles