RENOVA, Inc. Reports Mixed Financial Results

RENOVA ( (REOVF) ) has released its Q4 earnings. Here is a breakdown of the information RENOVA presented to its investors.

RENOVA, Inc. is a Tokyo-based company specializing in renewable energy, focusing on power generation from solar, biomass, and onshore wind energy. The company is known for its commitment to sustainable energy solutions and operates within the renewable energy sector.

In its latest earnings report for the fiscal year ending March 31, 2025, RENOVA, Inc. reported a significant increase in revenue, reaching 70,246 million yen, a 57% rise compared to the previous year. Despite this growth, the company’s profit before income taxes and profit attributable to owners of the parent saw substantial declines of 67.1% and 69.7%, respectively.

Key financial metrics highlighted in the report include an EBITDA of 23,307 million yen, marking a 39.5% increase from the previous year. However, the operating profit decreased by 19%, and the basic earnings per share dropped significantly to 29.85 yen from 112.32 yen. The company’s total assets increased to 530,051 million yen, with a notable rise in equity attributable to owners of the parent, reaching 89,106 million yen.

Looking ahead, RENOVA, Inc. forecasts continued revenue growth, projecting a 28.8% increase for the fiscal year ending March 31, 2026. The company anticipates an EBITDA of 31,600 million yen and aims to improve its operating profit by 128.7%. Despite these optimistic projections, the profit for the period attributable to owners of the parent is expected to decrease by 44.2%.

Overall, RENOVA, Inc. remains focused on expanding its renewable energy initiatives and enhancing its financial performance. The management is optimistic about the company’s growth prospects, driven by strategic investments and an expanding portfolio in the renewable energy sector.