kabutan

Solvvy, First Half Ordinary Profit Increases by 32%

Thu Feb 13, 2025 3:01 pm JST Earnings

7320 Solvvy Inc. 【J-GAAP】

Earnings Report

Solvvy Inc. <7320> [TSE Growth] announced its financial results in the afternoon session on February 13th (15:01). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending June 2025 (July to December) expanded 0.85 billion yen, an increase 31.6% compared to the same period last year, exceeded the previous forecast of 0.72 billion yen.

The progress rate toward the full-year plan of 1.6 billion yen was 53.6%, almost the same as the five-year average of 55.1%.

Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the January to June period (2H) is expected to decrease 13.7% from the same period last year to 0.74 billion yen.

In the most recent three-month period, from October to December (2Q), the consolidated ordinary profit grew 14.2% from the same period last year, reaching 0.37 billion yen. However, the operating profit margin decreased from 23.3% in the same period last year to 18.1%.

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
Jul - Dec, 2022 1,744 330 402 276 27.6 39.4 Feb 10, 2023 J-GAAP
Jul - Dec, 2023 2,295 537 651 444 44.3 43.1 Feb 9, 2024 J-GAAP
Jul - Dec, 2024 2,980 668 857 573 54.5 53.6 Feb 13, 2025 J-GAAP
YoY +29.8% +24.4% +31.6% +29.1% +23.0%

First Half Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jul - Dec, 2024 Guidance 3,179 558 729 535 44.8 0 Aug 9, 2024 J-GAAP
Jul - Dec, 2024 Results 2,980 668 857 573 54.5 0 Feb 13, 2025 J-GAAP
Revision Rate -6.3% +19.7% +17.6% +7.1% +21.6%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jan - Jun, 2024 3,064 703 861 529 52.7 7.50 Aug 9, 2024 J-GAAP
Jan - Jun, 2025 Guidance 3,920 632 743 603 52.3 10 Feb 13, 2025 J-GAAP
YoY +27.9% -10.1% -13.7% +14.0% -0.7%

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
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
Oct - Dec, 2024 1,507 273 377 247 23.5 18.1 Feb 13, 2025 J-GAAP
YoY +27.0% -1.1% +14.2% +9.8% +4.7%

Related Articles