Mental Health Tech, 23 times Increase in Ordinary Profit, Record High for The First Time in Two Years

Fri Feb 14, 2025 3:30 pm JST Earnings

9218 Mental Health Technologies Co.,Ltd. 【J-GAAP】

Earnings Report

Mental Health Technologies Co.,Ltd. <9218> [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 dropped 92.1% from the previous period to 39 million yen. In the fiscal year ending December 2025, the profit is expected to surge 23 times the previous term, reaching 909 million yenExpected to reach record high profits for the first time in two years. This will be the seventh consecutive term of revenue growth.

In the most recent three-month period, from October to December (4Q), the consolidated ordinary profit dropped to 99 million yen, a 32.2% decrease compared to the same period last year. The operating profit margin sharply declined from 22.0% in the same period last year to 7.5%.

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Actual Performance and Financial Trends

Historical Performance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Dec, 2022	2,288M	369M	345M	265M	27.2	0	Feb 14, 2023	J-GAAP
Dec, 2023	2,608M	501M	495M	441M	44.3	0	Feb 14, 2024	J-GAAP
Dec, 2024	5,134M	109M	39M	-29M	-2.9	0	Feb 14, 2025	J-GAAP
YoY	+96.9%	-78.2%	-92.1%	－	－

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	5,148M	135M	68M	-8M	-0.8	0	Nov 14, 2024	J-GAAP
Dec, 2024 Results	5,134M	109M	39M	-29M	-2.9	0	Feb 14, 2025	J-GAAP
Revision Rate	-0.3%	-19.3%	-42.6%	-262.5%	-279.2%

Current Period Guidance

First Half Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Jan - Jun, 2024	2,275M	-101M	-151M	-202M	-20.0	0	Aug 14, 2024	J-GAAP
Guidance Jan - Jun, 2025	3,247M	352M	329M	216M	20.8	0	Feb 14, 2025	J-GAAP
YoY	+42.7%	－	－	－	－

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Dec, 2023	2,608M	501M	495M	441M	44.3	0	Feb 14, 2024	J-GAAP
Dec, 2024	5,134M	109M	39M	-29M	-2.9	0	Feb 14, 2025	J-GAAP
Guidance Dec, 2025	7,227M	950M	909M	614M	59.1	0	Feb 14, 2025	J-GAAP
YoY	+40.8%	+771.6%	+2,230.8%	－	－

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Oct - Dec, 2023	673M	148M	146M	176M	17.7	22.0	Feb 14, 2024	J-GAAP
Jan - Mar, 2024	869M	-237M	-274M	-286M	-28.3	-27.3	May 15, 2024	J-GAAP
Apr - Jun, 2024	1,406M	136M	123M	84M	8.3	9.7	Aug 14, 2024	J-GAAP
Jul - Sep, 2024	1,399M	93M	82M	39M	3.8	6.6	Nov 14, 2024	J-GAAP
Oct - Dec, 2024	1,460M	117M	108M	134M	13.5	8.0	Feb 14, 2025	J-GAAP
YoY	+116.9%	-20.9%	-26.0%	-23.9%	-23.7%