Solvvy Inc., July-September (1Q) Ordinary Profit Increases by 50%

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Tue Nov 12, 2024 3:05 pm JST Earnings

7320 Solvvy Inc. 【J-GAAP】

Earnings Report

Solvvy Inc. <7320> [TSE-G] announced its financial results in the afternoon session on November 12th (15:05). The consolidated ordinary profit for the first quarter of the fiscal year ending June 2025 (July to September) expanded to 480 million yen, an increase of 49.5% compared to the same period last year. The progress rate against the 729 million yen plan for the six months ending December (first half) was 65.8%, also surpassing the five-year average of 54.7%.

In the most recent three-month period, from July to September (1Q), the operating profit margin rose from 23.6% in the same period last year to 26.8%.

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Actual Results

Accumulated Results 1st Quarter

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Progress Rate vs. First Half	Announce	Accounting Standards
Jul - Sep, 2022	835	133	171	119	12.0	42.5	Nov 11, 2022	J-GAAP
Jul - Sep, 2023	1,108	261	321	219	21.9	49.3	Nov 10, 2023	J-GAAP
Jul - Sep, 2024	1,473	395	480	326	32.5	65.8	Nov 12, 2024	J-GAAP
YoY	+32.9%	+51.3%	+49.5%	+48.9%	+48.8%

Current Period Guidance

H1 Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Jul - Dec, 2023	2,295	537	651	444	44.3	0	Feb 9, 2024	J-GAAP
Jul - Dec, 2024 Guidance	3,179	558	729	535	44.8	0	Aug 9, 2024	J-GAAP
YoY	+38.5%	+3.9%	+12.0%	+20.5%	+1.2%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Jun, 2023	3,919	741	1,021	751	74.9	5	Aug 10, 2023	J-GAAP
Jun, 2024	5,359	1,240	1,512	973	96.9	7.50	Aug 9, 2024	J-GAAP
Jun, 2025 Guidance	6,900	1,300	1,600	1,176	102.1	10	Sep 17, 2024	J-GAAP
YoY	+28.8%	+4.8%	+5.8%	+20.9%	+5.3%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jul - Sep, 2023	1,108	261	321	219	21.9	23.6	Nov 10, 2023	J-GAAP
Oct - Dec, 2023	1,187	276	330	225	22.5	23.3	Feb 9, 2024	J-GAAP
Jan - Mar, 2024	1,256	247	325	222	22.1	19.7	May 10, 2024	J-GAAP
Apr - Jun, 2024	1,808	456	536	307	30.6	25.2	Aug 9, 2024	J-GAAP
Jul - Sep, 2024	1,473	395	480	326	32.5	26.8	Nov 12, 2024	J-GAAP
YoY	+32.9%	+51.3%	+49.5%	+48.9%	+48.8%