Debt-free Balance SheetZero reported debt and sizable positive equity materially reduce near-term solvency and interest burden, giving management time and flexibility to pursue a turnaround. This durable financial cushion preserves optionality for restructuring, selective investment, or bridging financing if operating losses continue.

Conservative LeverageA conservatively levered capital structure lowers refinancing and liquidity risk, allowing the company to absorb losses longer without forced deleveraging. For a business burning cash, low leverage preserves access to credit and limits fixed financing costs, supporting a longer runway for strategic adjustments.

Stable Gross MarginRelatively steady gross margins imply predictable unit economics and controlled COGS, which reduces execution complexity when rebuilding the business. Stable production economics allow management to target operating expense reductions or modest revenue recovery to drive margin improvement over a multi‑month horizon.

Bears Say

Multi-year Revenue DeclineA sustained top-line contraction erodes scale benefits and reduces pricing and distribution leverage, increasing per-unit costs and pressuring profitability. Shrinking revenue limits the firm's ability to invest in product development or marketing, making recovery harder and raising the bar for any turnaround plan.

Persistent Negative Cash FlowConsistent negative OCF and FCF shows the losses are cash-based, not just accounting losses, draining reserves and forcing reliance on external financing or equity issuance. Persistent cash burn constrains investment, heightens execution risk, and creates medium-term funding pressure if corrective action is slow.

Structural UnprofitabilitySustained negative operating and net margins, coupled with weak returns on equity, indicate the core business is not generating adequate returns on capital. Without meaningful business-model changes, cost structure reduction, or a clear path to revenue stabilization, capital erosion and shareholder dilution risk will persist.

3672 FAQ

What was AltPlus Inc.’s price range in the past 12 months?

AltPlus Inc. lowest stock price was ¥42.00 and its highest was ¥114.00 in the past 12 months.

What is AltPlus Inc.’s market cap?

AltPlus Inc.’s market cap is ¥3.65B.

When is AltPlus Inc.’s upcoming earnings report date?

AltPlus Inc.’s upcoming earnings report date is May 07, 2026 which is in 79 days.

How were AltPlus Inc.’s earnings last quarter?

AltPlus Inc. released its earnings results on Feb 12, 2026. The company reported -¥3.14 earnings per share for the quarter, missing the consensus estimate of N/A by -¥3.14.

Is AltPlus Inc. overvalued?

According to Wall Street analysts AltPlus Inc.’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does AltPlus Inc. pay dividends?

AltPlus Inc. pays a Notavailable dividend of ¥13.75 which represents an annual dividend yield of N/A. See more information on AltPlus Inc. dividends here

What is AltPlus Inc.’s EPS estimate?

AltPlus Inc.’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does AltPlus Inc. have?

AltPlus Inc. has 77,705,230 shares outstanding.

What happened to AltPlus Inc.’s price movement after its last earnings report?

AltPlus Inc. reported an EPS of -¥3.14 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went up 4.255%.

Which hedge fund is a major shareholder of AltPlus Inc.?

Currently, no hedge funds are holding shares in JP:3672

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

Company Description

AltPlus Inc.

AltPlus Inc. engages in the planning, development, and operation of social games. It is also involved in IT service development and operation support. AltPlus Inc. was founded in 2010 and is headquartered in Tokyo, Japan.