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JMDC Inc. Reports Strong Revenue Growth Amidst Profitability Challenges

Story Highlights
  • JMDC Inc. reported a 37.4% increase in revenue for the nine months ending December 2024.
  • Despite revenue growth, JMDC’s profit attributable to owners declined by 2.9%, indicating profitability challenges.
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JMDC Inc. Reports Strong Revenue Growth Amidst Profitability Challenges

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JMDC Inc. ( (JP:4483) ) has provided an announcement.

JMDC Inc. reported its financial results for the nine months ending December 31, 2024, showing a significant revenue increase by 37.4% compared to the previous year. Despite the revenue growth, the profit attributable to owners of the parent saw a slight decline by 2.9%, indicating possible challenges in maintaining profitability. The company’s total assets and equity have increased, suggesting a stronger financial position. The earnings forecast for the fiscal year ending March 31, 2025, points to continued growth with a projected revenue increase of 32.8%.

More about JMDC Inc.

JMDC Inc. operates in the data analytics industry, focusing on providing healthcare data solutions. The company is listed on the Tokyo Stock Exchange and engages in offering services that cater to the healthcare sector.

YTD Price Performance: 0.69%

Average Trading Volume: 243,593

Technical Sentiment Consensus Rating: Buy

Current Market Cap: Yen254.3B

For detailed information about 4483 stock, go to TipRanks’ Stock Analysis page.

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