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Rakuten Inc (RKUNF)
OTHER OTC:RKUNF
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Earnings Data
Report Date
Feb 14, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.14Last Year’s EPS
-0.43Same Quarter Last Year
Based on 2 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 08, 2018
|% Change Since: -13.04%
|Next Earnings Date:Aug 06, 2018
Earnings Call Sentiment|Positive
The earnings call highlighted strong financial performance, particularly in consolidated revenue, fintech growth, and improved EBITDA. AI-driven initiatives are helping to reduce costs, and there are strategic plans to further leverage AI and technology in various segments. However, challenges remain in mobile subscriber retention and international business impacts due to geopolitical issues.Company Guidance
In the Q3 2024 earnings call for Rakuten, several key metrics and strategies were highlighted, particularly focusing on the robust performance of Rakuten Mobile and its contribution to the overall ecosystem. The call revealed that Rakuten Mobile had reached 8.12 million subscribers, contributing significantly to the group's consolidated revenue, which hit a record JPY 566.7 billion, marking a 9.3% year-on-year increase. The non-GAAP operating income improved by JPY 53.4 billion compared to the previous year, resulting in an operating profit of JPY 12.3 billion. Additionally, the consolidated EBITDA soared to JPY 92.2 billion, a 159.1% increase. The call also emphasized the strategic integration of AI across the company, aiming for 20% gains in marketing, operational, and client efficiencies. Furthermore, Rakuten Symphony's global expansion was noted, with contracts secured with 45 customers, aiming for 100-plus by next year. The company's self-funding capability through strategic cash management and investment was highlighted as a significant contributor to its financial health, with Rakuten aiming for profitability in the mobile segment by 2025.Record-Breaking Consolidated Revenue
The record high consolidated revenue was JPY 566.7 billion for Q3 2024, a 9.3% increase from the previous year. Rakuten Mobile contributed 40% to this growth.
Significant Growth in Fintech Segment
Fintech segment revenue reached JPY 208.2 billion, a 12.8% increase from the previous year. Operating income increased by 57.2% to JPY 40 billion.
Substantial Improvement in EBITDA
Consolidated EBITDA increased from JPY 35.6 billion to JPY 92.2 billion, marking a 159.1% increase year-on-year.
AI-Driven Cost Reduction in Customer Support
Customer support costs for Rakuten Mobile were reduced by 31% through AI utilization, decreasing from JPY 195 to JPY 37 per month per user.
Strong Performance in Rakuten Securities
Rakuten Securities general account increased by 20.3% year-on-year to JPY 11.65 million, and deposit assets grew by 39.1% to JPY 32.2 trillion.
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RKUNF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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RKUNF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 13, 2024 | $6.67 | $6.24 | -6.45% |
| Aug 09, 2024 | $5.34 | $5.56 | +4.12% |
| May 14, 2024 | $5.14 | $5.17 | +0.58% |
| Feb 14, 2024 | $4.08 | $4.28 | +4.90% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Rakuten Inc (RKUNF) report earnings?
Rakuten Inc (RKUNF) is schdueled to report earning on Feb 14, 2025, TBA Not Confirmed.
What is Rakuten Inc (RKUNF) earnings time?
Rakuten Inc (RKUNF) earnings time is at Feb 14, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is RKUNF EPS forecast?
RKUNF EPS forecast for the fiscal quarter 2024 (Q4) is 0.14.
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