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FinTech Global Incorporated, 22% Increase in Ordinary Profit for The Current Fiscal Year, Dividend to Rise by 1.5 yen

Wed Nov 6, 2024 4:00 pm JST Earnings

8789 FinTech Global Incorporated 【J-GAAP】

Earnings Report

FinTech Global Incorporated <8789> [TSE-S] announced its financial results after the market closed on November 6th (16:00). The consolidated ordinary profit for the fiscal year ending September 2024 expanded to 92.7% from the previous period to 2.46 billion yen. For the fiscal year ending September 2025, the profit is expected to grow by 21.9% to 3 billion yen. This will be the fourth consecutive term of profit growth.

At the same time, the company has decided to significantly increase the dividend this fiscal year to 3 yen, an increase of 1.5 yen from the previous fiscal year.

In the most recent three-month period, from July to September (4Q), the consolidated ordinary profit increased by 82.9% from the same period last year, reaching 353 million yen. The operating profit margin remained almost flat, changing from 8.4% in the same period last year to 8.6%.

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Actual Results

Historical Performance
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Sep, 2022 9,301 587 540 176 0.9 0 Nov 8, 2022 J-GAAP
Sep, 2023 9,302 1,343 1,277 1,603 8.0 0 Nov 8, 2023 J-GAAP
Sep, 2024 13,807 2,569 2,461 1,675 8.4 1.50 Nov 6, 2024 J-GAAP
YoY +48.4% +91.3% +92.7% +4.5% +5.5%

Full Year Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Sep, 2024 Guidance 13,400 2,400 2,300 1,400 7.2 1.50 Aug 9, 2024 J-GAAP
Sep, 2024 Results 13,807 2,569 2,461 1,675 8.4 1.50 Nov 6, 2024 J-GAAP
Revision Rate +3.0% +7.0% +7.0% +19.6% +17.6%

Current Period Guidance

H1 Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct - Mar, 2023 6,555 1,646 1,588 1,292 6.4 0 May 10, 2024 J-GAAP
Oct - Mar, 2024 Guidance 0 Nov 6, 2024 J-GAAP
YoY

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Sep, 2023 9,302 1,343 1,277 1,603 8.0 0 Nov 8, 2023 J-GAAP
Sep, 2024 13,807 2,569 2,461 1,675 8.4 1.50 Nov 6, 2024 J-GAAP
Sep, 2025 Guidance 12,300 3,100 3,000 2,000 10.4 3 Nov 6, 2024 J-GAAP
YoY -10.9% +20.7% +21.9% +19.4% +23.2%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2023 2,391 201 193 822 4.1 8.4 Nov 8, 2023 J-GAAP
Oct - Dec, 2023 3,434 976 953 589 2.9 28.4 Feb 9, 2024 J-GAAP
Jan - Mar, 2024 3,121 670 635 703 3.5 21.5 May 10, 2024 J-GAAP
Apr - Jun, 2024 3,023 560 520 352 1.8 18.5 Aug 9, 2024 J-GAAP
Jul - Sep, 2024 4,229 363 353 31 0.2 8.6 Nov 6, 2024 J-GAAP
YoY +76.9% +80.6% +82.9% -96.2% -96.1%

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