GENDA posts net loss of 752 million yen in February-April quarter on North America integration costs
GENDA Inc. <9166> announced its consolidated financial results for the first quarter ending January 2027 after Wednesday's close. Revenue rose 45.00% year-on-year to 49.70 billion yen, while the firm recorded a net loss of 752.00 million yen, compared with a net profit of 223.00 million yen in the prior-year period. Non-GAAP adjusted EBITDA increased 8.00% year-on-year to 4.61 billion yen.
In the North American segment, revenue fell short of targets due to cash collection burdens, while one-time integration costs and upfront investments weighed on profitability. Conversely, in the domestic segment, the amusement business outperformed its plan, while karaoke and tourism operations performed broadly in line with targets.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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