tiprankstipranks
Company Announcements

Needs Well, Inc. Reports Q4 Financial Results with Moderate Growth

Story Highlights
Needs Well, Inc. Reports Q4 Financial Results with Moderate Growth

Needs Well, Inc. ( (JP:3992) ) has provided an update.

Needs Well, Inc. reported consolidated financial results for the three months ending December 31, 2024. The company saw a moderate increase in net sales by 4.9% compared to the previous year, reaching ¥2,510 million. However, profit attributable to owners of the parent decreased by 10.3% to ¥225 million. Despite the decline in profit, the equity ratio remained strong at 75.0%, indicating robust financial health. The company forecasts continued growth in net sales and profits for the full fiscal year ending September 30, 2025, with an expected net sales increase of 11.0% and profit attributable to owners of the parent rising by 16.4%.

More about Needs Well, Inc.

Needs Well, Inc. operates within the technology industry and is listed on the Tokyo Stock Exchange. The company focuses on providing IT solutions and services.

YTD Price Performance: 5.85%

Average Trading Volume: 319,073

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: Yen17.09B

Learn more about 3992 stock on TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App