Veritas In Silico Inc., January-September (Third Quarter Cumulative) Ordinary Profit Turns to Loss, July-September Ordinary Profit Loss Widens

About Information Provided on This Site

The information provided on our website 'Kabutan.com' is not intended to constitute investment solicitation or investment advisory services.
All investment decisions should be made at your own discretion and judgment.
The data on our website is provided by Tokyo Stock Exchange, Osaka Exchange, Nagoya Securities Exchange, JPX Market Innovation & Research, Japannext, and other sources.
Copyright of the Nikkei Stock Average belongs to Nikkei Inc. Stock price charts displayed on Kabutan.com are provided solely for the purpose of reviewing historical price movements of the securities.
These charts neither suggest nor guarantee future price movements of the securities and do not constitute recommendations to buy or sell.
In our financial results coverage, the term 'Surprise Results' identifies securities that demonstrate a significant degree of surprise in their earnings announcements.
This significance is quantitatively assessed based on multiple factors, including: the nature of the announcement (full-year or quarterly results); types of revisions (earnings or dividend forecasts); and numerical analysis comparing the announced results with both the company's previous forecasts and historical performance.
The 'Surprise Ranking' presents these results in order of their calculated surprise factor. Please note that neither these results nor rankings are intended to suggest or guarantee future performance of the listed securities, nor should they be construed as recommendations to buy or sell.

Wed Nov 13, 2024 12:00 pm JST Earnings

130A Veritas In Silico Inc. 【J-GAAP】

Earnings Report

Veritas In Silico Inc. <130A> [TSE-G] announced its financial results at noon (12:00) on November 13th. The ordinary profit/loss (non-consolidated) for the cumulative third quarter of the fiscal year ending December 2024 (January to September) turned into a loss of 143 million yen (compared to a profit of 37 million yen in the same period last year).

Based on the third-quarter cumulative performance announced by the company and the unchanged full-year plan, our calculation indicates that the ordinary profit/loss for the October to December period (4Q) is expected to turn into a profit of 271 million yen (compared to a loss of 2 million yen in the same period last year).

In the most recent three-month period, from July to September (3Q), the ordinary loss expanded to a loss of 55 million yen (compared to a loss of 54 million yen in the same period last year). However, the operating profit/loss margin improved from -170.0% in the same period last year to -110.0%.

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
Jan - Sep, 2024	165	-121	-143	-145	-23.0	ー	Nov 13, 2024	J-GAAP
YoY	－	－	－	－	－

Current Period Guidance

Second Half Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Jul - Dec, 2023	111	-53	-56	-56	-10.2	0	Feb 13, 2024	J-GAAP
Jul - Dec, 2024 Guidance	561	210	216	198	30.5	0	Aug 5, 2024	J-GAAP
YoY	+405.4%	－	－	－	－

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Dec, 2023	360	37	35	33	6.0	0	Feb 13, 2024	J-GAAP
Dec, 2024 Guidance	676	144	128	108	16.7	0	Feb 13, 2024	J-GAAP
YoY	+87.8%	+289.2%	+265.7%	+227.3%	+177.0%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Oct - Dec, 2023	81	-2	-2	-2	-0.4	-2.5	Feb 13, 2024	J-GAAP
Jan - Mar, 2024	32	-65	-87	-87	-14.6	-203.1	May 7, 2024	J-GAAP
Apr - Jun, 2024	83	-1	-1	-3	-0.5	-1.2	Aug 5, 2024	J-GAAP
Jul - Sep, 2024	50	-55	-55	-55	-8.7	-110.0	Nov 13, 2024	J-GAAP
YoY	－	－	－	－	－