kabutan

GRCS Inc., June-August (3Q) Ordinary Profit Loss Widens

Tue Oct 15, 2024 3:30 pm JST Earnings

9250 GRCS Inc. 【J-GAAP】

Earnings Report

GRCS Inc. <9250> [TSE-G] announced its financial results after the market closed on October 15th (15:30). The consolidated ordinary loss for the cumulative third quarter of the fiscal year ending November 2024 (December 2023 to August 2024) was a reduced loss of 27 million yen (compared to a loss of 175 million yen in the same period last year).

Based on the third-quarter cumulative performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the September to November period (4Q) is expected to surge by 31 times that of the same period last year, reaching 61 million yen.

In the most recent three-month period, from June to August (3Q), the consolidated ordinary loss expanded to a loss of 44 million yen (compared to a loss of 44 million yen in the same period last year). However, the operating profit/loss margin remained almost flat, changing from -5.3% in the same period last year to -5.1%.

Kabutan News

Actual Results

Accumulated Results 3rd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Dec - Aug, 2021 1,763 -56 -51 -81 -62.0 Oct 14, 2022 J-GAAP
Dec - Aug, 2022 2,047 -161 -175 -211 -165.3 Oct 13, 2023 J-GAAP
Dec - Aug, 2023 2,427 -11 -27 -33 -25.8 Oct 15, 2024 J-GAAP
YoY +18.6% +93.2% +84.6% +84.4% +84.4%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jun - Nov, 2023 1,417 -20 -42 -120 -93.7 0 Jan 12, 2024 J-GAAP
Jun - Nov, 2024 Guidance 1,699 23 17 15 11.1 0 Jul 12, 2024 J-GAAP
YoY +19.9%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Nov, 2022 2,398 -187 -187 -209 -160.6 0 Jan 13, 2023 J-GAAP
Nov, 2023 2,783 -145 -173 -280 -218.5 0 Jan 12, 2024 J-GAAP
Nov, 2024 Guidance 3,315 53 34 17 12.6 0 Jan 12, 2024 J-GAAP
YoY +19.1%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jun - Aug, 2023 681 -36 -44 -51 -40.0 -5.3 Oct 13, 2023 J-GAAP
Sep - Nov, 2023 736 16 2 -69 -53.9 2.2 Jan 12, 2024 J-GAAP
Dec - Feb, 2023 868 87 83 66 51.9 10.0 Apr 12, 2024 J-GAAP
Mar - May, 2024 748 -57 -66 -64 -69.8 -7.6 Jul 12, 2024 J-GAAP
Jun - Aug, 2024 811 -41 -44 -35 -27.4 -5.1 Oct 15, 2024 J-GAAP
YoY +19.1% -13.9% 0.0% +31.4% +31.4%

Related Articles