Cocolive,Inc. (137A) AI Stock Analysis

• Market Cap: ¥2.47B
• Dividend Yield: N/A
• Average Volume (3M): 9.07K
• Price to Earnings (P/E): 12.1
• Beta (1Y): 1.01
• Revenue Growth: 23.74%
• EPS Growth: 41.93%
• Country: JP
• Employees: 83
• Sector: Consumer Goods
• Sector Strength: N/A
• Industry: Software - Infrastructure
• EPS (TTM): 15.26
• Shares Outstanding: 3,022,440
• 10 Day Avg. Volume: 12,270
• 30 Day Avg. Volume: 9,070
• PEG Ratio: 0.58
• Price to Book (P/B): 4.38
• Price to Sales (P/S): 2.99
• P/FCF Ratio: 17.58
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 77 Outperform
• Price Target: ¥947.00 ▼(-20.62% Downside)

Strong financial performance (rapid growth, expanding margins, debt-free balance sheet, and solid cash generation) is the primary driver of the score. This is tempered by mixed technicals (negative MACD and price below longer-term averages) despite improving short-term trend, while valuation is supportive with a moderate P/E.

Positive Factors

Revenue and margin expansion

Sustained top-line growth with concurrent operating margin expansion indicates a scalable business model and improving unit economics. That combination supports durable earnings power, higher free cash flow potential, and more internal funding for R&D or strategic expansion over the medium term.

Debt-free balance sheet

Zero reported debt materially reduces financial risk and interest burden, giving management flexibility to fund growth organically or via M&A. A strong balance sheet improves resilience in downturns and preserves capacity to invest in product development or market expansion without leverage.

Strong cash generation

Consistent growth in operating cash flow and near-parity of free cash flow to net income show high earnings quality and cash conversion. Reliable cash generation underpins reinvestment, supports capital allocation choices, and reduces dependence on external funding over the medium term.

Negative Factors

Revenue growth volatility

Large swings in annual growth rates complicate forecasting and strategic planning, increasing execution risk. Volatility can strain resource allocation, hiring, and operational scaling, and may indicate dependence on episodic deals or concentrated customer demand that could reverse.

Normalizing returns with scale

A declining ROE trend as equity and assets expand signals that incremental returns may be lower at scale. Sustaining historical high returns will be harder, potentially requiring higher reinvestment, improved capital efficiency, or new high-margin products to prevent long-term margin compression.

Earlier weak cash conversion

Historical weak cash conversion points to past working-capital or timing issues that can recur during rapid growth phases. If working capital needs re-emerge, cash available for capex, dividends, or acquisitions could be constrained, raising execution and liquidity risks despite recent improvement.

Cocolive,Inc. Business Overview & Revenue Model

Company Description

Cocolive, Inc. (137A) is a technology company specializing in innovative software solutions for the live streaming and virtual events industry. The company leverages cutting-edge technology to provide seamless, interactive, and high-quality live streaming experiences for businesses and individual users. Cocolive's core services include a robust live streaming platform, virtual event hosting solutions, and a suite of engagement tools designed to enhance audience interaction and participation.

How the Company Makes Money

Cocolive, Inc. generates revenue through a combination of subscription fees, transaction-based fees, and partnerships. Its primary revenue stream comes from subscription plans offered to businesses and individual users who utilize its live streaming platform and virtual event solutions. These plans vary based on features, number of participants, and usage limits. Additionally, the company earns transaction fees from pay-per-view events and premium content offerings hosted on its platform. Significant partnerships with event organizers and businesses further contribute to its earnings, as these collaborations often involve co-hosting large-scale virtual events or integrating Cocolive’s technology into third-party platforms.

Cocolive,Inc. Financial Statement Overview

Summary

Cocolive, Inc. demonstrates impressive growth and stability across its financial statements. Strong revenue and profit growth, along with a debt-free balance sheet, highlight a sound financial strategy. Continued improvement in cash flow metrics supports liquidity and operational efficiency. The company is well-positioned for future growth, though limited leverage may restrict expansion opportunities.

Income Statement

Cocolive, Inc. shows strong revenue growth with a 28.94% increase from 2023 to 2024. Gross profit margin improved to 58.48%, and net profit margin rose to 14.60%, indicating enhanced profitability. The EBIT margin stands at 20.92%, reflecting effective cost management. However, EBITDA margin decreased slightly to 19.81%, suggesting higher depreciation or amortization costs.

Balance Sheet

The company exhibits a robust financial position with zero debt, leading to an impressive debt-to-equity ratio of 0.00. Return on Equity (ROE) improved significantly to 22.63%, driven by higher net income. The equity ratio is a solid 83.67%, indicating a strong capital structure. The absence of debt reduces financial risk but might limit leverage potential.

Cash Flow

Operating cash flow to net income ratio stands at 1.05, reflecting strong cash generation relative to reported profits. Free cash flow grew by 30.68%, showcasing effective cash management. The free cash flow to net income ratio is high at 1.05, indicating efficient conversion of profits to free cash.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022
Income Statement
Total Revenue	765.43M	1.30B	1.03B	797.14M	557.14M
Gross Profit	448.79M	738.90M	600.97M	468.97M	324.52M
EBITDA	92.08M	279.89M	203.63M	142.60M	71.71M
Net Income	120.42M	209.17M	149.97M	97.17M	48.47M
Balance Sheet
Total Assets	792.19M	1.06B	792.19M	372.50M	240.43M
Cash, Cash Equivalents and Short-Term Investments	641.97M	0.00	641.97M	239.11M	129.88M
Total Debt	0.00	0.00	0.00	0.00	40.00M
Total Liabilities	129.42M	168.28M	129.42M	105.35M	99.37M
Stockholders Equity	662.77M	889.69M	662.77M	267.16M	141.06M
Cash Flow
Free Cash Flow	157.22M	221.41M	157.22M	120.31M	46.06M
Operating Cash Flow	157.50M	221.41M	157.50M	120.31M	47.15M
Investing Cash Flow	-288.00K	0.00	-288.00K	0.00	-1.09M
Financing Cash Flow	245.64M	15.11M	245.64M	-11.07M	10.33M

Cocolive,Inc. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1193.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:137A, the sentiment is Negative. The current price of 1193 is above the 20-day moving average (MA) of 1006.35, above the 50-day MA of 1066.78, and below the 200-day MA of 1268.55, indicating a bearish trend. The MACD of -57.80 indicates Positive momentum. The RSI at 25.79 is Positive, neither overbought nor oversold. The STOCH value of 5.47 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:137A.

Cocolive,Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
4493	78 Outperform	¥20.21B	29.32	―	0.17%	31.39%	13.12%
137A	77 Outperform	¥2.47B	12.05	―	―	23.74%	41.93%
5132	67 Neutral	¥21.78B	59.23	―	―	26.91%	135.34%
4180	66 Neutral	¥117.06B	34.77	―	0.18%	25.88%	80.30%
Sector *	57 Neutral	$3.13B	9.23	-34.32%	3.14%	-25.56%	-353.61%
4488	52 Neutral	¥11.04B	-28.37	―	―	7.00%	-244.58%