kabutan

logly,Inc., The Current Fiscal Year Ordinary Profit Loss Widened in Downward Revision

Wed Nov 13, 2024 5:50 pm JST Earnings

6579 logly,Inc. 【J-GAAP】

Earnings Report

logly,Inc. <6579> [TSE-G] announced its financial results after the market closed on November 13th (17:50). The consolidated ordinary loss for the cumulative second quarter of the fiscal year ending March 2025 (April to September) expanded to a loss of 92 million yen (compared to a loss of 21 million yen in the same period last year).

In addition, the full-year consolidated ordinary profit/loss has been revised downward from an expected loss of 39 million yen to a loss of 157 million yen (compared to a loss of 2 million yen in the previous period), indicating an expansion in the loss margin.

Based on the first-half performance announced by the company and the 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 loss of 65 million yen (compared to a profit of 19 million yen in the same period last year).

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit/loss turned to a loss of 45 million yen (compared to a profit of 6 million yen in the same period last year). The operating profit/loss margin drastically worsened from 1.2% in the same period last year to -11.3%.

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 1,272 63 57 37 10.3 43.5 Nov 10, 2022 J-GAAP
Apr - Sep, 2023 1,072 -23 -21 -40 -10.9 Nov 14, 2023 J-GAAP
Apr - Sep, 2024 773 -88 -92 -95 -25.0 Nov 13, 2024 J-GAAP
YoY -27.9% -282.6% -338.1% -137.5% -129.3%

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 13, 2024 J-GAAP
Apr - Sep, 2024 Results 773 -88 -92 -95 -25.0 0 Nov 13, 2024 J-GAAP
Revision Rate

Guidance Update

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2025 Prev 1,896 -38 -39 -46 -12.1 0 May 13, 2024 J-GAAP
Mar, 2025 New 1,577 -153 -157 -164 -43.1 0 Nov 13, 2024 J-GAAP
Revision Rate -16.8% -302.6% -302.6% -256.5% -256.4%

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 982 21 19 -6 -1.6 0 May 13, 2024 J-GAAP
Oct - Mar, 2024 Guidance 804 -65 -65 -69 -18.1 0 Nov 13, 2024 J-GAAP
YoY -18.1% -1,050.0% -1,012.9%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 2,690 130 131 126 34.6 0 May 15, 2023 J-GAAP
Mar, 2024 2,054 -2 -2 -46 -12.5 0 May 13, 2024 J-GAAP
Mar, 2025 Guidance 1,577 -153 -157 -164 -43.1 0 Nov 13, 2024 J-GAAP
YoY -23.2% -7,550.0% -7,750.0% -256.5% -244.1%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2023 503 6 6 4 1.1 1.2 Nov 14, 2023 J-GAAP
Oct - Dec, 2023 488 -6 -12 -14 -3.8 -1.2 Feb 14, 2024 J-GAAP
Jan - Mar, 2024 494 27 31 8 2.2 5.5 May 13, 2024 J-GAAP
Apr - Jun, 2024 384 -44 -47 -48 -12.7 -11.5 Aug 14, 2024 J-GAAP
Jul - Sep, 2024 389 -44 -45 -47 -12.4 -11.3 Nov 13, 2024 J-GAAP
YoY -22.7%

Related Articles