ANYCOLOR (5032) Q4 2024 earnings summary

Executive summary

• FY2024.4 revenue rose 26.3% year-over-year to ¥31,996 million, driven by strong commerce, promotion, and VTuber business expansion.

• Operating profit increased 31.4% year-over-year to ¥12,362 million, with a margin of 38.6%.

• Net profit grew 30.3% year-over-year to ¥8,726 million, with a margin of 27.3%.

• Q4 revenue surged 47.0% year-over-year to ¥8,722 million, supported by large-scale events and higher revenue per VTuber.

• Number of VTubers increased to 127 in Japan and 31 overseas; fan club IDs rose 35% year-over-year to 1,263,000.

Financial highlights

• Q4 operating profit was ¥3,321 million (38.1% margin), up 74.7% year-over-year.

• Q4 net profit reached ¥2,456 million (28.2% margin), up 67.8% year-over-year.

• Full-year gross profit margin was 47.5%, up from 45.7% the previous year.

• Cash and cash equivalents at year-end totaled ¥16,291 million, up ¥3,808 million from the previous year.

• Equity ratio improved to 78.6% from 71.8% year-over-year.

Outlook and guidance

• FY2025.4 revenue forecast is ¥39,000 million, up 21.9% year-over-year.

• FY2025.4 operating profit forecast is ¥14,800 million (37.9% margin), up 19.7% year-over-year.

• FY2025.4 net profit forecast is ¥10,360 million (26.6% margin), up 18.7% year-over-year.

• Q1 FY2025.4 revenue and profit expected to decrease year-over-year due to more balanced quarterly planning.

• Focus remains on expanding VTuber units, growing fan communities, and cost efficiency.