BeeX, Mar-Nov (Cumulative 3Q) Ordinary Profit Increases by 14%

Tue Jan 14, 2025 3:30 pm JST Earnings

4270 BeeX Inc. 【J-GAAP】

Earnings Report

BeeX Inc. <4270> [TSE Growth] announced its financial results after the market closed on January 14th (15:30). The ordinary profit (non-consolidated) for the cumulative third quarter of the fiscal year ending February 2025 (March to November) increased 14.0% from the same period last year, reaching 561 million yen. The progress rate toward the full-year plan of 648 million yen was 86.6%, also surpassing the three-year average of 73.0%.

Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the ordinary profit for the December to February period (4Q) is expected to decrease 29.3% from the same period last year to 87 million yen.

In the most recent three-month period, from September to November (3Q), the ordinary profit amounted to 165 million yen, an increase of 1.9% compared to the same period last year. However, the operating profit margin worsened from 7.9% in the same period last year to 7.1%.

Kabutan News

Actual Performance and Financial Trends

Accumulated Results 3rd Quarter

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Progress Rate vs. First Half	Announce	Accounting Standards
Mar - Nov, 2022	4,132M	300M	296M	203M	91.7	72.4%	Jan 16, 2023	J-GAAP
Mar - Nov, 2023	5,624M	481M	492M	338M	152.5	80.0%	Jan 15, 2024	J-GAAP
Mar - Nov, 2024	6,804M	553M	561M	384M	172.9	86.6%	Jan 14, 2025	J-GAAP
YoY	+21.0%	+15.0%	+14.0%	+13.6%	+13.3%

Current Period Guidance

Second Half Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Sep - Feb, 2023	4,114M	280M	285M	213M	96.0	0	Apr 12, 2024	J-GAAP
Guidance Sep - Feb, 2024	4,992M	263M	252M	193M	86.9	0	Oct 15, 2024	J-GAAP
YoY	+21.3%	-6.1%	-11.6%	-9.4%	-9.5%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Feb, 2023	5,759M	403M	409M	299M	135.0	0	Apr 14, 2023	J-GAAP
Feb, 2024	7,700M	599M	615M	440M	198.4	0	Apr 12, 2024	J-GAAP
Guidance Feb, 2025	9,470M	650M	648M	468M	210.7	0	Apr 12, 2024	J-GAAP
YoY	+23.0%	+8.5%	+5.4%	+6.4%	+6.2%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Sep - Nov, 2023	2,038M	162M	162M	111M	50.1	7.9%	Jan 15, 2024	J-GAAP
Dec - Feb, 2023	2,076M	118M	123M	102M	46.0	5.7%	Apr 12, 2024	J-GAAP
Mar - May, 2024	2,251M	208M	208M	142M	64.1	9.2%	Jul 12, 2024	J-GAAP
Jun - Aug, 2024	2,227M	179M	188M	133M	59.9	8.0%	Oct 15, 2024	J-GAAP
Sep - Nov, 2024	2,326M	166M	165M	109M	49.1	7.1%	Jan 14, 2025	J-GAAP
YoY	+14.1%	+2.5%	+1.9%	-1.8%	-2.1%