Infomart (2492) Q2 2025 earnings summary

Executive summary

• Net sales for Q2 FY12/25 rose 24.8% year-over-year to ¥9,001 million, driven by growth in both FOOD and ES business segments.

• Operating profit surged 358.4% year-over-year to ¥1,421 million; profit attributable to owners of parent grew 264.7% to ¥848 million.

• User company base expanded to 1,198,891, representing about 32% of Japanese companies.

• Cost of sales declined significantly due to server cloud migration, while SG&A expenses rose on higher personnel and goodwill amortization.

• Both segments contributed to higher sales, with ES returning to profitability.

Financial highlights

• Gross profit increased 64.1% year-over-year to ¥6,563 million, with gross margin up 17.5 points to 72.9%.

• Basic earnings per share increased to ¥3.75 from ¥1.03 year-over-year.

• Total assets as of June 30, 2025 were ¥16,785 million, up ¥1,943 million from December 2024.

• Net assets rose to ¥11,609 million, with an equity-to-asset ratio of 68.9%.

• Cash and cash equivalents at period-end increased to ¥4,550 million.

Outlook and guidance

• Full-year net sales forecast at ¥19,491 million, up 24.7% year-over-year; operating profit projected at ¥2,300 million, up 91.6%.

• Profit attributable to owners of parent expected to reach ¥1,356 million, up 106.9% year-over-year.

• Gross profit margin expected to reach 69.7% for the full year.

• BtoB-PF ES business anticipated to maintain profitability, with further expansion in user base and fee revisions supporting growth.

• Continued reduction in data center costs expected due to cloud migration.