Liberaware revises down full-year net loss forecast on delayed subsidy income

Liberaware <218A> announced after the market close on June 12 that it has revised its consolidated earnings forecast for the fiscal year ending July 2026. It now projects net sales of 1.70 billion to 1.90 billion yen (up 20.8% to 35.0% year-on-year) and a net loss of 575 million to 731 million yen, down from its previous guidance of 2.22 billion yen in sales and a 178 million yen net loss. The company posted a net profit of 46 million yen in the prior fiscal year.

The revenue downgrade reflects smaller deal sizes and fewer contracts for standard projects, as the company reallocated resources to accelerate drone deployment in the sewage infrastructure segment. Meanwhile, its operating loss guidance improved to between 2.15 billion and 2.31 billion yen?compared with its previous forecast of a 2.41 billion yen loss?due to the deferral of certain R&D expenses under the Small Business Innovation Research (SBIR) program. (It logged an operating loss of 1.59 billion yen a year earlier). However, the resulting delay in receiving related government subsidies is expected to widen the final net loss beyond its initial estimate.

Source: MINKABU PRESS

*Translated by generative AI. Click here for the original article.