Nadex Co (7435) Q4 2024 earnings summary

Executive summary

• Net sales for the year ended April 30, 2024, were ¥34,436 million, a 4.9% decrease year-over-year.

• Operating profit dropped 50.4% to ¥959 million compared to the previous year.

• Profit attributable to owners of parent declined 34.3% to ¥874 million year-over-year.

Financial highlights

• Ordinary profit decreased 39.8% to ¥1,213 million year-over-year.

• Comprehensive income was ¥1,784 million, down 2.2% from the prior year.

• Basic earnings per share fell to ¥96.91 from ¥142.86 year-over-year.

• Cash and cash equivalents at year-end were ¥4,480 million, down from ¥5,073 million.

Outlook and guidance

• Forecast for FY ending April 30, 2025: net sales of ¥37,690 million (up 9.4%), operating profit of ¥1,240 million (up 29.3%), and profit attributable to owners of parent of ¥940 million (up 7.5%).

• Basic earnings per share forecasted at ¥107.98 for FY2025.