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BuySell Tech, 45% Increase in Ordinary Profit, Update Record High for Second Consecutive Term, Dividend Effectively Increased

Fri Feb 14, 2025 3:30 pm JST Earnings

7685 BuySell Technologies Co.,Ltd. 【J-GAAP】

Earnings Report

BuySell Technologies Co.,Ltd. <7685> [TSE Growth] announced its financial results after the market closed on February 14th (15:30). The consolidated ordinary profit for the fiscal year ending December 2024 increased 52.4% from the previous period to 4.19 billion yen. In the fiscal year ending December 2025, the profit is expected to expand to 45.3% to 6.1 billion yen, marking the second consecutive term of record-high profits. This will be the eleventh consecutive term of revenue growth.

At the same time, the annual dividend for this fiscal year is 20 yen, taking into account the forward stock split scheduled to be allocated on December 31, this dividend represents an actual increase of 33.3%.

In the most recent three-month period, from October to December (4Q), the consolidated ordinary profit decreased to 0.91 billion yen, a 25.5% decrease compared to the same period last year. The operating profit margin drastically worsened from 9.8% in the same period last year to 6.5%.

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Actual Results

Historical Performance
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2022 33,724 3,694 3,672 2,268 79.1 10 Feb 13, 2023 J-GAAP
Dec, 2023 42,574 2,796 2,754 1,453 50.1 12.50 Feb 14, 2024 J-GAAP
Dec, 2024 59,973 4,733 4,198 2,411 84.0 15 Feb 14, 2025 J-GAAP
YoY +40.9% +69.3% +52.4% +65.9% +67.7%

Full Year Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2024 Guidance 61,850 4,680 4,140 2,240 76.6 15 Aug 14, 2024 J-GAAP
Dec, 2024 Results 59,973 4,733 4,198 2,411 84.0 15 Feb 14, 2025 J-GAAP
Revision Rate -3.0% +1.1% +1.4% +7.6% +9.6%

Current Period Guidance

H1 Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jan - Jun, 2024 28,720 2,420 2,307 1,210 42.3 0 Aug 14, 2024 J-GAAP
Jan - Jun, 2025 Guidance 48,274 3,275 3,061 1,540 49.9 0 Feb 14, 2025 J-GAAP
YoY +68.1% +35.3% +32.7% +27.3% +18.0%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2023 42,574 2,796 2,754 1,453 50.1 12.50 Feb 14, 2024 J-GAAP
Dec, 2024 59,973 4,733 4,198 2,411 84.0 15 Feb 14, 2025 J-GAAP
Dec, 2025 Guidance 99,790 6,500 6,100 3,330 108.0 20 Feb 14, 2025 J-GAAP
YoY +66.4% +37.3% +45.3% +38.1% +28.6%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2023 12,758 1,247 1,232 747 25.7 9.8 Feb 14, 2024 J-GAAP
Jan - Mar, 2024 12,121 689 600 293 10.3 5.7 May 14, 2024 J-GAAP
Apr - Jun, 2024 16,599 1,731 1,707 917 32.1 10.4 Aug 14, 2024 J-GAAP
Jul - Sep, 2024 15,470 1,291 973 554 19.4 8.3 Nov 14, 2024 J-GAAP
Oct - Dec, 2024 15,783 1,022 918 647 22.5 6.5 Feb 14, 2025 J-GAAP
YoY +23.7% -18.0% -25.5% -13.4% -12.4%

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