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Wellnet Corporation ( (JP:2428) ) has provided an announcement.
Wellnet Corporation’s FY25 1H earnings were in line with expectations, with sales of ¥5,559 million and operating profit of ¥816 million, driven by improved margins and a one-off promotion. The company is shifting towards high value-add businesses like SaaS, despite a decline in cash settlements at convenience stores. Management maintains sales guidance but focuses on profitability and margin improvement, with a strategic emphasis on expanding the SaaS business.
More about Wellnet Corporation
Wellnet Corporation operates in the financial technology sector, focusing on e-billing and SaaS (Payment+α) services. The company provides multi-payment services, facilitating cash payments for e-commerce through convenience stores, and is expanding its high value-added SaaS offerings.
YTD Price Performance: -13.64%
Average Trading Volume: 204,626
Technical Sentiment Consensus Rating: Sell
Current Market Cap: Yen13.95B
See more data about 2428 stock on TipRanks’ Stock Analysis page.
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