ispace, inc. Reports Foreign Exchange Gain for Third Quarter

ispace,inc. ( (JP:9348) ) has shared an update.

ispace, inc. announced a significant foreign exchange gain of 1,896 million yen in the third quarter of the fiscal year ending March 31, 2025, primarily due to the revaluation of foreign currency-denominated loans to its subsidiaries. This gain offsets a previous loss, resulting in a total foreign exchange gain of 532 million yen for the first three quarters, impacting the company’s consolidated financial results positively.

More about ispace,inc.

ispace, inc. operates in the space exploration industry, focusing on developing lunar transportation and exploration services to expand space exploration and utilization.

YTD Price Performance: -8.53%

Average Trading Volume: 3,320,771

Technical Sentiment Consensus Rating: Buy

Current Market Cap: Yen63.85B

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