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BIKE O, Dec-Feb (1Q) Ordinary Profit Turns to Profit

Fri Apr 4, 2025 3:30 pm JST Earnings

3377 BIKE O & COMPANY Ltd. 【J-GAAP】

Earnings Report

BIKE O & COMPANY Ltd. <3377> [TSE Std] announced its financial results after the market closed on April 4th (15:30). The consolidated ordinary profit/loss for the first quarter of the fiscal year ending November 2025 (December 2024 to February 2025) turned into a profit of 39 million yen (compared to a loss of 587 million yen in the previous period non-consolidated). However, the progress rate toward the plan for the six months ending May (1H) of 200 million yen was 19.5%, also falling below the five-year average of 31.2%.

In the most recent three-month period, from December to February (1Q), the operating profit/loss margin drastically improved from -8.9% in the same period last year to -0.3%.

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Actual Results

Accumulated Results 1st Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Dec - Feb, 2022 7,819 57 105 69 5.0 21.1 Apr 4, 2023 J-GAAP
Dec - Feb, 2023 6,907 -613 -587 -463 -33.2 Apr 4, 2024 J-GAAP
Dec - Feb, 2024 7,974 -21 39 22 1.6 19.5 Apr 4, 2025 J-GAAP
YoY +15.4% +96.6%

Current Period Guidance

H1 Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec - May, 2023 16,493 -244 -102 -146 -10.5 5.50 Jul 4, 2024 J-GAAP
Dec - May, 2024 Guidance 17,000 100 200 120 8.6 5.50 Jan 10, 2025 J-GAAP
YoY +3.1%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Nov, 2023 33,068 -166 150 -110 -7.9 30 Jan 10, 2024 J-GAAP
Nov, 2024 33,965 286 584 187 13.4 11 Jan 10, 2025 J-GAAP
Nov, 2025 Guidance 35,000 570 790 510 35.8 11 Jan 10, 2025 J-GAAP
YoY +3.0% +99.3% +35.3% +172.7% +167.3%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Dec - Feb, 2023 6,907 -613 -587 -463 -33.2 -8.9 Apr 4, 2024 J-GAAP
Mar - May, 2024 9,586 369 485 317 22.7 3.8 Jul 4, 2024 J-GAAP
Jun - Aug, 2024 8,719 524 606 415 29.7 6.0 Oct 4, 2024 J-GAAP
Sep - Nov, 2024 8,753 6 80 -82 -5.9 0.1 Jan 10, 2025 J-GAAP
Dec - Feb, 2024 7,974 -21 39 22 1.6 -0.3 Apr 4, 2025 J-GAAP
YoY +15.4% +96.6%

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