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Makuake, Inc. Reports Q1 FY2024 Financial Results with Positive Profit Turnaround

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Makuake, Inc. Reports Q1 FY2024 Financial Results with Positive Profit Turnaround

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Makuake, Inc. ( (JP:4479) ) has issued an announcement.

Makuake, Inc. reported its non-consolidated financial results for the three months ending December 31, 2024, indicating a slight decrease in net sales by 4.8% compared to the previous year. Despite this, the company achieved a profit of 104 million yen, showcasing a turnaround from the loss experienced in the same period in 2023. The company’s assets and equity ratios showed stability, reflecting a strong financial position. No changes were made to dividend or earnings forecasts, suggesting an expectation of continued moderate growth in the fiscal year ending September 30, 2025.

More about Makuake, Inc.

Makuake, Inc. operates in the technology industry and is listed on the Tokyo Stock Exchange. The company is involved in providing online platforms that facilitate crowdfunding and other digital solutions.

YTD Price Performance: 15.79%

Average Trading Volume: 22,689

Technical Sentiment Consensus Rating: Buy

Current Market Cap: Yen6.37B

For an in-depth examination of 4479 stock, go to TipRanks’ Stock Analysis page.

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