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Agile Media Network Inc., January-September (Third Quarter Cumulative) Net Income Loss Narrows, July-September Net Income Loss Narrows

Thu Nov 14, 2024 3:30 pm JST Earnings

6573 Agile Media Network Inc. 【J-GAAP】

Earnings Report

Agile Media Network Inc. <6573> [TSE-G] announced its financial results after the market closed on November 14th (15:30). The consolidated net loss for the cumulative third quarter of the fiscal year ending December 2024 (January to September) was a reduced loss of 255 million yen (compared to a loss of 309 million yen in the same period last year).

Based on the third-quarter cumulative performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated net loss for the October to December period (4Q) is expected to further decrease to loss of 27 million yen (compared to a loss of 182 million yen in the same period last year).

In the most recent three-month period, from July to September (3Q), the consolidated net loss improved to a deficit of loss of 69 million yen (compared to a loss of 106 million yen in the same period last year). The operating profit/loss margin drastically improved from -147.1% in the same period last year to -39.2%.

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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 358 -129 -124 -117 -13.2 ー Nov 11, 2022 J-GAAP
Jan - Sep, 2023 210 -301 -309 -309 -18.3 ー Nov 13, 2023 J-GAAP
Jan - Sep, 2024 335 -248 -249 -255 -10.9 ー Nov 14, 2024 J-GAAP
YoY +59.5% +17.6% +19.4% +17.5% +40.6%

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 147 -226 -235 -288 -15.9 0 Feb 14, 2024 J-GAAP
Jul - Dec, 2024 Guidance 284 -94 -96 -96 -3.5 0 Aug 29, 2024 J-GAAP
YoY +93.2% +58.4% +59.1% +66.7% +78.1%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2022 447 -223 -224 -231 -25.7 0 Feb 15, 2023 J-GAAP
Dec, 2023 289 -427 -439 -491 -27.1 0 Feb 14, 2024 J-GAAP
Dec, 2024 Guidance 443 -273 -276 -282 -10.2 0 Aug 29, 2024 J-GAAP
YoY +53.3% +36.1% +37.1% +42.6% +62.3%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2023 68 -100 -105 -106 -6.3 -147.1 Nov 13, 2023 J-GAAP
Oct - Dec, 2023 79 -126 -130 -182 -10.0 -159.5 Feb 14, 2024 J-GAAP
Jan - Mar, 2024 89 -86 -86 -92 -4.2 -96.6 May 13, 2024 J-GAAP
Apr - Jun, 2024 70 -93 -94 -94 -4.1 -132.9 Aug 13, 2024 J-GAAP
Jul - Sep, 2024 176 -69 -69 -69 -2.9 -39.2 Nov 14, 2024 J-GAAP
YoY +158.8% +31.0% +34.3% +34.9% +53.2%

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