Plus Alpha Consulting (4071) Q3 2024 earnings summary

Executive summary

• Net sales for the nine months ended June 30, 2024, rose 22.6% year-over-year to ¥9,869 million, with operating profit up 21.1% to ¥3,106 million and profit attributable to owners of parent up 17.5% to ¥2,106 million.

• Comprehensive income for the period reached ¥2,106 million, up from ¥1,792 million in the prior year period.

Financial highlights

• Gross profit increased to ¥7,168 million from ¥5,891 million year-over-year, with a gross margin of approximately 72.7%.

• Basic earnings per share for the nine months was ¥49.85, compared to ¥43.89 in the previous year.

• Total assets grew to ¥13,633 million as of June 30, 2024, from ¥12,016 million at September 30, 2023.

• Net assets increased to ¥11,057 million, with an equity-to-asset ratio of 80.9%.

Outlook and guidance

• Full-year net sales forecast for fiscal 2024 is ¥13,800 million, up 23.5% year-over-year, with operating profit projected at ¥4,800 million, up 29.3%.

• Profit attributable to owners of parent is forecast at ¥3,250 million, a 24.0% increase, and basic EPS is expected to reach ¥76.98.

• Annual dividend per share is forecast to rise to ¥16.00 from ¥13.00 in the prior year.