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giftee, Inc. ( (JP:4449) ) has provided an announcement.
giftee Inc. announced a discrepancy between its projected and actual earnings for FY2024, primarily due to a special loss related to its subsidiary, Sow Experience Inc. The company recognized an extraordinary loss of 1,519 million yen due to impairment of goodwill and other assets from SOW, impacting its net income, which resulted in a net loss. These financial adjustments have been reflected in the company’s consolidated financial results for the fourth quarter of FY2024.
More about giftee, Inc.
giftee Inc. operates in the digital gifting industry, offering services related to electronic gift solutions with a focus on enhancing digital gift experiences. The company is listed on the Tokyo Stock Exchange Prime Section.
YTD Price Performance: 12.58%
Average Trading Volume: 438,366
Technical Sentiment Consensus Rating: Sell
Current Market Cap: Yen43.24B
Learn more about 4449 stock on TipRanks’ Stock Analysis page.