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GEOMATEC CO.,LTD., First Half Ordinary Profit Turns to Profit, July-September Ordinary Profit Turns to Profit

Fri Nov 8, 2024 4:00 pm JST Earnings

6907 GEOMATEC CO.,LTD. 【J-GAAP】

Earnings Report

GEOMATEC CO.,LTD. <6907> [TSE-S] announced its financial results after the market closed on November 8th (16:00). The ordinary profit/loss (non-consolidated) for the cumulative second quarter of the fiscal year ending March 2025 (April to September) turned into a profit of 104 million yen (compared to a loss of 338 million yen in the same period last year). The progress rate against the 190 million yen full-year plan was 54.7%.

Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the ordinary profit/loss for the October to March period (second half) is expected to turn into a profit of 86 million yen (compared to a loss of 214 million yen in the same period last year).

In the most recent three-month period, from July to September (2Q), the ordinary profit/loss turned to a profit of profit of 70 million yen (compared to a loss of 197 million yen in the same period last year). The operating profit/loss margin drastically improved from -19.9% in the same period last year to 7.1%.

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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 3,079 228 296 -203 -25.8 211.4 Nov 8, 2022 J-GAAP
Apr - Sep, 2023 2,203 -395 -338 -367 -46.5 Nov 8, 2023 J-GAAP
Apr - Sep, 2024 2,377 91 104 112 14.2 54.7 Nov 8, 2024 J-GAAP
YoY +7.9%

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 2,377 91 104 112 14.2 0 Nov 1, 2024 J-GAAP
Apr - Sep, 2024 Results 2,377 91 104 112 14.2 0 Nov 8, 2024 J-GAAP
Revision Rate 0.0% 0.0% 0.0% 0.0% +0.1%

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 2,402 -260 -214 -1,302 -164.6 0 May 15, 2024 J-GAAP
Oct - Mar, 2024 Guidance 2,823 79 86 78 9.9 0 Nov 1, 2024 J-GAAP
YoY +17.5%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 5,812 66 140 -366 -46.3 0 May 15, 2023 J-GAAP
Mar, 2024 4,605 -655 -552 -1,669 -211.1 0 May 15, 2024 J-GAAP
Mar, 2025 Guidance 5,200 170 190 190 24.0 0 Nov 1, 2024 J-GAAP
YoY +12.9%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2023 1,113 -222 -197 -200 -25.4 -19.9 Nov 8, 2023 J-GAAP
Oct - Dec, 2023 1,218 -77 -61 -65 -8.2 -6.3 Feb 8, 2024 J-GAAP
Jan - Mar, 2024 1,184 -183 -153 -1,237 -156.4 -15.5 May 15, 2024 J-GAAP
Apr - Jun, 2024 1,195 7 34 43 5.5 0.6 Aug 8, 2024 J-GAAP
Jul - Sep, 2024 1,182 84 70 69 8.7 7.1 Nov 8, 2024 J-GAAP
YoY +6.2%

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