kabutan

circlace Inc, July-September (2Q) Ordinary Profit Decreases by 32%

Thu Nov 14, 2024 4:00 pm JST Earnings

5029 circlace Inc 【J-GAAP】

Earnings Report

circlace Inc <5029> [TSE-G] announced its financial results after the market closed on November 14th (16:00). The consolidated ordinary loss for the cumulative second quarter of the fiscal year ending March 2025 (April to September) was a reduced loss of 23 million yen (compared to a loss of 28 million yen in the previous period non-consolidated).

Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit/loss for the October to March period (second half) is expected to turn into a profit of 204 million yen (compared to a loss of 23 million yen in the same period last year).

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit dropped to 21 million yen, a 32.3% decrease compared to the same period last year. The operating profit margin worsened from 4.4% in the same period last year to 2.6%.

Kabutan News

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 1,275 37 32 19 4.7 39.0 Nov 9, 2022 J-GAAP
Apr - Sep, 2023 1,352 -28 -28 -60 -14.2 ー Nov 9, 2023 J-GAAP
Apr - Sep, 2024 1,697 -28 -23 10 2.5 ー Nov 14, 2024 J-GAAP
YoY +25.5% 0.0% +17.9% － －

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 ー ー ー ー － 0 May 14, 2024 J-GAAP
Apr - Sep, 2024 Results 1,697 -28 -23 10 2.5 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 1,548 -57 -23 21 5.0 0 May 14, 2024 J-GAAP
Oct - Mar, 2024 Guidance 1,953 210 204 143 32.9 0 Nov 14, 2024 J-GAAP
YoY +26.2% － － +581.0% +565.1%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 2,527 87 82 11 2.6 0 May 11, 2023 J-GAAP
Mar, 2024 2,900 -85 -51 -39 -9.2 0 May 14, 2024 J-GAAP
Mar, 2025 Guidance 3,650 182 181 153 35.2 0 May 14, 2024 J-GAAP
YoY +25.9% － － － －

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2023 702 31 31 -20 -4.7 4.4 Nov 9, 2023 J-GAAP
Oct - Dec, 2023 711 -62 -61 -55 -13.0 -8.7 Feb 13, 2024 J-GAAP
Jan - Mar, 2024 837 5 38 76 17.9 0.6 May 14, 2024 J-GAAP
Apr - Jun, 2024 807 -51 -44 -19 -4.4 -6.3 Aug 9, 2024 J-GAAP
Jul - Sep, 2024 890 23 21 29 7.3 2.6 Nov 14, 2024 J-GAAP
YoY +26.8% -25.8% -32.3% － －

Related Articles