GVA TECH (298A) Q3 2025 earnings summary

Executive summary

• Revenue for the nine months ended December 2025 increased by 38.4% year-over-year to ¥1,107.8 million, driven by strong growth in LegalTech SaaS and Registration businesses, and continued investment in advertising and product development.

• Operating loss narrowed to ¥259.8 million from ¥390.6 million year-over-year due to cost control and internalization of outsourced operations.

• Net loss improved to ¥270.2 million from ¥398.4 million year-over-year.

• Focused on developing new features for the OLGA platform, including AI-powered document consistency checks, and expanding service lineups in the Registration business.

• The company operates a single legal tech segment, focusing on automation and digitalization of legal and registration processes for businesses.

Financial highlights

• Cumulative revenue for 3Q FY2025: ¥1,107.8 million (+38.4% YoY).

• Gross profit: ¥678.8 million (+29.6% YoY), gross margin at 61.3% (down 4.2pt YoY).

• Operating loss: ¥259.8 million (improved by ¥130.8 million YoY).

• Net loss: ¥270.2 million (improved by ¥128.2 million YoY).

• Total assets increased to ¥1,620.8 million from ¥1,301.2 million at the previous fiscal year-end.

Outlook and guidance

• Full-year revenue forecast remains unchanged at ¥1,737 million (+49.1% YoY), with operating loss expected to improve to ¥250 million and net loss forecast at ¥261 million.

• Anticipates a return to profitability in 4Q as revenue growth outpaces cost increases.

• Continued investment in growth, with a focus on expanding customer base and improving profitability.

• No revision to previously announced guidance.