Strong 2025 Cash GenerationMaterial operating and free cash flow in 2025 demonstrates strong cash conversion and earnings quality. Durable FCF enhances the company's ability to fund content, pay down debt, and withstand gaming-cycle volatility, reducing reliance on external financing for strategic actions.

Profitability Recovery And Higher Gross MarginThe shift from 2022 losses to consistent profitability through 2025, coupled with a ~44.9% gross margin, indicates the core product economics are resilient. Sustained gross margins create structural room to cover fixed costs and support reinvestment in IP or product development over the medium term.

Balance-sheet Repair UnderwayImproving leverage and rebuilt equity reflect balance-sheet repair, which increases financial flexibility. A downward trend in leverage reduces refinancing and solvency risks, enabling more reliable capital allocation, potential M&A, or targeted investment without excessive strain on cash flow.

Bears Say

2025 Revenue ContractionA roughly -7.8% revenue decline in 2025 shows persistent top-line weakness. Without returning to consistent revenue growth, margin and free-cash-flow improvements may be harder to sustain, limiting scalability and making long-term profitability dependent on regaining demand or market share.

Elevated Leverage RemainsDebt-to-equity near 1.41x keeps leverage materially above conservative levels given current earnings power. Elevated debt raises interest and refinancing risk in a cyclical gaming sector, constraining capital spending and strategic flexibility during industry slowdowns.

Historic Cash-flow VolatilityPrior swings into negative cash flow and inconsistent year-to-year performance undermine predictability. This volatility increases forecasting risk for capex, content investment, and debt reduction, meaning a single strong cash year may not translate into sustained financial strength.

3928 FAQ

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

Mynet, Inc. lowest stock price was ¥174.00 and its highest was ¥347.00 in the past 12 months.

What is Mynet, Inc.’s market cap?

Mynet, Inc.’s market cap is ¥2.46B.

When is Mynet, Inc.’s upcoming earnings report date?

Mynet, Inc.’s upcoming earnings report date is May 20, 2026 which is in 90 days.

How were Mynet, Inc.’s earnings last quarter?

Mynet, Inc. released its earnings results on Feb 13, 2026. The company reported ¥3.48 earnings per share for the quarter, beating the consensus estimate of N/A by ¥3.48.

Is Mynet, Inc. overvalued?

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

Does Mynet, Inc. pay dividends?

Mynet, Inc. pays a Semiannually dividend of ¥6 which represents an annual dividend yield of N/A. See more information on Mynet, Inc. dividends here

What is Mynet, Inc.’s EPS estimate?

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

How many shares outstanding does Mynet, Inc. have?

Mynet, Inc. has 8,710,334 shares outstanding.

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

Mynet, Inc. reported an EPS of ¥3.48 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went down -9.003%.

Which hedge fund is a major shareholder of Mynet, Inc.?

Currently, no hedge funds are holding shares in JP:3928

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

Mynet, Inc.

Mynet Inc. provides game services in Japan. It develops various games; and provides sports DX, marketing, and AI/data services. The company was incorporated in 2006 and is based in Tokyo, Japan.