Nadex Co (7435) Q1 2025 earnings summary

Executive summary

• Net sales for the three months ended July 31, 2024, were ¥7,171 million, down 12.1% year-over-year.

• Operating profit was a loss of ¥158 million, compared to a profit of ¥188 million in the prior year.

• Ordinary profit was a loss of ¥126 million, down from a profit of ¥278 million year-over-year.

• Profit attributable to owners of parent was a loss of ¥157 million, compared to a profit of ¥246 million last year.

• Comprehensive income dropped to ¥115 million from ¥787 million, an 85.3% decrease year-over-year.

Financial highlights

• Basic earnings per share for the quarter were negative ¥18.38, compared to ¥26.51 last year.

• Total assets as of July 31, 2024, were ¥30,669 million, down from ¥31,382 million as of April 30, 2024.

• Net assets decreased to ¥19,274 million from ¥19,596 million at the previous fiscal year-end.

• Capital adequacy ratio was 62.3%, slightly up from 62.0% at the previous fiscal year-end.

Outlook and guidance

• Full-year net sales forecast for fiscal year ending April 30, 2025, is ¥37,690 million, up 9.4% year-over-year.

• Full-year operating profit forecast is ¥1,420 million, up 17.1% year-over-year.

• Full-year profit attributable to owners of parent is projected at ¥940 million, up 7.5% year-over-year.

• Basic earnings per share for the full year are forecast at ¥107.98.