Digital Garage (4819) Q1 2025 earnings summary

Executive summary

• Revenue for Q1 FY2024 was ¥12,436 million, down 5.7% year-over-year; profit before tax fell 23.2% to ¥4,744 million.

• Profit attributable to owners was ¥3,170 million, a 22.6% decrease year-over-year; basic EPS was ¥67.04.

• Comprehensive income attributable to owners was ¥4,246 million, down from ¥4,864 million in the prior year.

Financial highlights

• Recurring business revenue increased to ¥6,714 million from ¥6,336 million year-over-year.

• Revenue from operational investment securities declined to ¥3,713 million from ¥4,583 million.

• Total assets rose to ¥241,089 million as of June 30, 2024, up from ¥231,431 million at March 31, 2024.

• Net cash provided by operating activities surged to ¥16,193 million from ¥2,785 million year-over-year.

• Net cash used in investing activities was ¥4,125 million; net cash used in financing activities was ¥3,924 million.

Outlook and guidance

• Platform Solution segment expects stable payment business growth and forecasts a 20–25% increase in profit before tax.

• No consolidated financial results forecast disclosed due to difficulty in estimating fair value of startup investments.

• Dividend forecast for FY2025 is ¥53.00 per share, including a ¥10.00 special dividend.