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GLOME Holdings,Inc., July-September (2Q) Ordinary Profit Loss Widens

Thu Nov 14, 2024 4:10 pm JST Earnings

8938 GLOME Holdings,Inc. 【J-GAAP】

Earnings Report

GLOME Holdings,Inc. <8938> [TSE-G] announced its financial results after the market closed on November 14th (16:10). The consolidated ordinary profit/loss for the cumulative second quarter of the fiscal year ending March 2025 (April to September) turned into a profit of 8 million yen (compared to a loss of 124 million yen in the same period last year). The progress rate against the 134 million yen full-year plan was 6.0%.

Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit/loss for the October to March period (second half) is expected to turn into a profit of 126 million yen (compared to a loss of 68 million yen in the same period last year).

In the most recent three-month period, from July to September (2Q), the consolidated ordinary loss expanded to a loss of 106 million yen (compared to a loss of 90 million yen in the same period last year). However, the operating profit/loss margin significantly improved from -27.9% in the same period last year to -24.5%.

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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 1,267 111 238 249 27.6 88.8 Nov 10, 2022 J-GAAP
Apr - Sep, 2023 484 -96 -124 -99 -11.0 Nov 14, 2023 J-GAAP
Apr - Sep, 2024 1,074 12 8 0 -0.1 6.0 Nov 14, 2024 J-GAAP
YoY +121.9% +99.4%

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 0 May 15, 2024 J-GAAP
Apr - Sep, 2024 Results 1,074 12 8 0 -0.1 0 Nov 14, 2024 J-GAAP
Revision Rate

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 754 -48 -68 -99 -11.0 0 May 15, 2024 J-GAAP
Oct - Mar, 2024 Guidance 1,370 126 126 99 10.9 2 Nov 14, 2024 J-GAAP
YoY +81.7%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 1,798 89 268 348 38.5 5 May 15, 2023 J-GAAP
Mar, 2024 1,238 -144 -192 -198 -21.9 0 May 15, 2024 J-GAAP
Mar, 2025 Guidance 2,444 138 134 99 10.9 2 May 15, 2024 J-GAAP
YoY +97.4%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2023 229 -64 -90 -80 -8.9 -27.9 Nov 14, 2023 J-GAAP
Oct - Dec, 2023 374 -44 -37 -39 -4.3 -11.8 Feb 14, 2024 J-GAAP
Jan - Mar, 2024 380 -4 -31 -60 -6.6 -1.1 May 15, 2024 J-GAAP
Apr - Jun, 2024 657 114 114 85 9.5 17.4 Aug 14, 2024 J-GAAP
Jul - Sep, 2024 417 -102 -106 -85 -9.6 -24.5 Nov 14, 2024 J-GAAP
YoY +82.1% -59.4% -17.8% -6.3% -7.8%

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