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Finatext Holdings Ltd., First Half Ordinary Profit Turns to Profit, July-September Ordinary Profit Turns to Profit

Thu Nov 14, 2024 3:30 pm JST Earnings

4419 Finatext Holdings Ltd. 【J-GAAP】

Earnings Report

Finatext Holdings Ltd. <4419> [TSE-G] announced its financial results after the market closed on November 14th (15:30). The consolidated ordinary profit/loss for the cumulative second quarter of the fiscal year ending March 2025 (April to September) turned into a profit of 402 million yen (compared to a loss of 181 million yen in the same period last year). The progress rate against the 643 million yen full-year plan was 62.5%.

Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the October to March period (second half) is expected to drop by 35.7% from the same period last year to 241 million yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit/loss turned to a profit of profit of 234 million yen (compared to a loss of 52 million yen in the same period last year). The operating profit/loss margin drastically improved from -4.9% in the same period last year to 13.0%.

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Actual Results

Accumulated Results 2nd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Apr - Sep, 2022 1,575 -339 -337 -346 -7.1 Nov 14, 2022 J-GAAP
Apr - Sep, 2023 2,086 -184 -181 -311 -6.3 Nov 14, 2023 J-GAAP
Apr - Sep, 2024 3,451 407 402 287 5.7 62.5 Nov 14, 2024 J-GAAP
YoY +65.4%

First Half Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2024 Guidance 0 May 14, 2024 J-GAAP
Apr - Sep, 2024 Results 3,451 407 402 287 5.7 0 Nov 14, 2024 J-GAAP
Revision Rate

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 3,289 388 375 233 4.7 0 May 14, 2024 J-GAAP
Oct - Mar, 2024 Guidance 4,176 279 241 -107 -2.1 0 Nov 14, 2024 J-GAAP
YoY +27.0% -28.1% -35.7%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 3,820 -328 -324 -388 -7.9 0 May 12, 2023 J-GAAP
Mar, 2024 5,375 204 194 -78 -1.6 0 May 14, 2024 J-GAAP
Mar, 2025 Guidance 7,627 686 643 180 3.5 0 May 14, 2024 J-GAAP
YoY +41.9% +236.3% +231.4%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2023 1,134 -56 -52 -171 -3.5 -4.9 Nov 14, 2023 J-GAAP
Oct - Dec, 2023 1,547 222 214 170 3.5 14.4 Feb 14, 2024 J-GAAP
Jan - Mar, 2024 1,742 166 161 63 1.3 9.5 May 14, 2024 J-GAAP
Apr - Jun, 2024 1,644 172 168 117 2.3 10.5 Aug 14, 2024 J-GAAP
Jul - Sep, 2024 1,807 235 234 170 3.4 13.0 Nov 14, 2024 J-GAAP
YoY +59.3%

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