kabutan

THECOO Inc., The Current Fiscal Year Net Income Loss to Narrow

Wed Nov 13, 2024 3:30 pm JST Earnings

4255 THECOO Inc. 【J-GAAP】

Earnings Report

THECOO Inc. <4255> [TSE-G] announced its financial results after the market closed on November 13th (15:30). The net loss (non-consolidated) for the cumulative third quarter of the fiscal year ending December 2024 (January to September) was a reduced loss of 150 million yen (compared to a loss of 596 million yen in the same period last year).

In addition, the full-year net income/loss has been revised upward from an expected loss of 400 million yen to a loss of 170 million yen (compared to a loss of 764 million yen in the previous period), indicating a reduction in the loss margin.

Based on the full-year plan announced by the company after the upward revision, our estimate of the net income/loss for the July to December period (second half) has been revised upward from an expected loss of 250 million yen to a loss of 20 million yen (compared to a loss of 333 million yen in the same period of the previous year), indicating a reduction in the loss margin.

In the most recent three-month period, from July to September (3Q), the operating profit/loss margin drastically improved from -18.8% in the same period last year to -0.2%.

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, 2022 3,052 -170 -168 -204 -99.8 ー Nov 11, 2022 J-GAAP
Jan - Sep, 2023 2,762 -379 -389 -596 -287.5 ー Nov 14, 2023 J-GAAP
Jan - Sep, 2024 3,099 -151 -150 -150 -72.3 ー Nov 13, 2024 J-GAAP
YoY +12.2% +60.2% +61.4% +74.8% +74.9%

Guidance Update

Second Half Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jul - Dec, 2024 Prev 2,589 -251 -249 -250 -120.2 0 Aug 13, 2024 J-GAAP
Jul - Dec, 2024 New 2,239 -21 -19 -20 -9.6 0 Nov 13, 2024 J-GAAP
Revision Rate -13.5% +91.6% +92.4% +92.0% +92.0%

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2024 Prev 4,580 -400 -400 -400 -192.3 0 Feb 13, 2024 J-GAAP
Dec, 2024 New 4,230 -170 -170 -170 -81.7 0 Nov 13, 2024 J-GAAP
Revision Rate -7.6% +57.5% +57.5% +57.5% +57.5%

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 1,908 -327 -324 -333 -160.6 0 Feb 13, 2024 J-GAAP
Jul - Dec, 2024 Guidance 2,239 -21 -19 -20 -9.6 0 Nov 13, 2024 J-GAAP
YoY +17.3% +93.6% +94.1% +94.0% +94.0%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2022 4,279 -212 -210 -488 -237.4 0 Feb 10, 2023 J-GAAP
Dec, 2023 3,806 -544 -553 -764 -368.4 0 Feb 13, 2024 J-GAAP
Dec, 2024 Guidance 4,230 -170 -170 -170 -81.7 0 Nov 13, 2024 J-GAAP
YoY +11.1% +68.8% +69.3% +77.7% +77.8%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2023 864 -162 -160 -165 -79.6 -18.8 Nov 14, 2023 J-GAAP
Oct - Dec, 2023 1,044 -165 -164 -168 -81.0 -15.8 Feb 13, 2024 J-GAAP
Jan - Mar, 2024 981 -85 -83 -84 -40.7 -8.7 May 14, 2024 J-GAAP
Apr - Jun, 2024 1,010 -64 -68 -66 -31.8 -6.3 Aug 13, 2024 J-GAAP
Jul - Sep, 2024 1,108 -2 1 0 0.0 -0.2 Nov 13, 2024 J-GAAP
YoY +28.2% +98.8% － － －

Related Articles