kabutan

i-plug, Apr-Dec (Cumulative 3Q) Ordinary Profit Turns to Profit, Oct-Dec Ordinary Profit Increases by 58%

Fri Feb 14, 2025 3:15 pm JST Earnings

4177 i-plug,Inc. 【J-GAAP】

Earnings Report

i-plug,Inc. <4177> [TSE Growth] announced its financial results in the afternoon session on February 14th (15:15). The consolidated ordinary profit/loss for the cumulative third quarter of the fiscal year ending March 2025 (April to December) turned into a profit of 467 million yen (compared to a loss of 212 million yen in the same period last year). The progress rate toward the full-year plan of 548 million yen was 85.2%.

Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the January to March period (4Q) is expected to significant drop 76.8% from the same period last year to 81 million yen.

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit increased 58.5% from the same period last year, reaching 515 million yen. The operating profit margin jumped from 23.0% in the same period last year to 33.5%.

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
Apr - Dec, 2022 2,477 -491 -496 -485 -123.5 Feb 14, 2023 J-GAAP
Apr - Dec, 2023 3,188 -211 -212 -224 -57.0 Feb 14, 2024 J-GAAP
Apr - Dec, 2024 3,607 467 467 411 104.0 85.2 Feb 14, 2025 J-GAAP
YoY +13.1%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct - Mar, 2023 2,824 675 674 241 61.4 0 May 14, 2024 J-GAAP
Oct - Mar, 2024 Guidance 3,571 598 596 467 117.9 0 Nov 13, 2024 J-GAAP
YoY +26.5% -11.4% -11.6% +93.8% +92.1%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 3,741 -411 -397 -492 -125.3 0 May 15, 2023 J-GAAP
Mar, 2024 4,602 139 137 -193 -49.2 0 May 14, 2024 J-GAAP
Mar, 2025 Guidance 5,640 550 548 406 102.5 0 May 14, 2024 J-GAAP
YoY +22.6% +295.7% +300.0%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2023 1,410 325 325 210 53.5 23.0 Feb 14, 2024 J-GAAP
Jan - Mar, 2024 1,414 350 349 31 7.9 24.8 May 14, 2024 J-GAAP
Apr - Jun, 2024 788 -305 -304 -229 -58.2 -38.7 Aug 14, 2024 J-GAAP
Jul - Sep, 2024 1,281 257 256 168 43.1 20.1 Nov 13, 2024 J-GAAP
Oct - Dec, 2024 1,538 515 515 472 119.5 33.5 Feb 14, 2025 J-GAAP
YoY +9.1% +58.5% +58.5% +124.8% +123.5%

Related Articles