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freee K.K. Projects Growth Amidst Fiscal Challenges

freee K.K. (JP:4478) has released an update.

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freee K.K., listed on the Tokyo Stock Exchange, has reported its financial results for the fiscal year ended June 30, 2024, indicating a challenging period with decreased net sales and a comprehensive loss. The company forecasts a 30% increase in net sales for the following fiscal year, primarily due to customer base expansion and value enhancement in its SaaS business. An adjusted operating profit of approximately 1-1,000 million yen is anticipated for the fiscal year ending June 30, 2025.

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