Money Forward Sees Sales Rise Amidst Losses

Money Forward, Inc. (JP:3994) has released an update.

Money Forward, Inc. reports a 37.5% increase in net sales and a 32.3% rise in SaaS ARR for the nine months ending August 2024, despite operating at a loss. The company’s financial forecast remains unchanged, predicting net sales of up to 42,000 million yen and a potential reduction of losses by the fiscal year’s end. Dividends remain at zero, reflecting a cautious approach amidst the ongoing financial recovery efforts.

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