CROOZ, Inc. (2138) AI Stock Analysis

• Market Cap: ¥6.71B
• Dividend Yield: N/A
• Average Volume (3M): 17.52K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.01
• Revenue Growth: -0.55%
• EPS Growth: -158.87%
• Country: JP
• Employees: 594
• Sector: Technology
• Sector Strength: 88
• Industry: Software - Application
• EPS (TTM): -4.29
• Shares Outstanding: 12,957,600
• 10 Day Avg. Volume: 13,840
• 30 Day Avg. Volume: 17,516
• PEG Ratio: -2.21
• Price to Book (P/B): 1.03
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 6.49
• 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: ¥617.00
• Price Target Upside: 1.15% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 47 Neutral
• Price Target: ¥602.00 ▼(-1.31%Downside)

CROOZ, Inc. is facing significant financial challenges with declining revenues and profitability issues, contributing to a lower overall score. The technical analysis provides some mild support, but valuation metrics highlight concerns due to the negative P/E ratio. Without any recent earnings call or corporate events to adjust the score, the financial and valuation challenges remain the most impactful factors.

CROOZ, Inc. Business Overview & Revenue Model

Company Description

CROOZ, Inc. (2138) is a diversified company primarily engaged in the mobile gaming and e-commerce sectors. The company develops and operates a variety of smartphone applications, with a focus on social games that appeal to a broad audience. Additionally, CROOZ has expanded its business portfolio to include an e-commerce platform, offering a wide range of products to consumers. Through its innovative approach and diversified business model, CROOZ aims to deliver engaging digital content and convenient shopping experiences to its users.

How the Company Makes Money

CROOZ, Inc. generates revenue through multiple streams, primarily focusing on its mobile gaming and e-commerce operations. In the mobile gaming sector, the company earns money through in-app purchases, advertising, and premium game content. By developing engaging games that attract a large user base, CROOZ capitalizes on microtransactions and advertising partnerships to drive revenue. In the e-commerce sector, the company earns revenue by operating an online shopping platform where it sells various products. The e-commerce business model typically involves earning a margin on the sale of goods, as well as possible partnerships with brands and advertisers who seek exposure on the platform. These diverse revenue streams allow CROOZ to maintain a balanced financial structure and capitalize on growth opportunities in the digital space.

CROOZ, Inc. Financial Statement Overview

Summary

CROOZ, Inc. is facing financial challenges with declining revenues and profitability issues. The balance sheet is moderately stable with growing equity, but increasing debt levels pose potential risks. Cash flow generation has been weak, affecting liquidity.

Income Statement

The income statement reveals declining revenue growth and profitability challenges. Revenue has decreased consistently over the years, with a significant drop from 2021 to 2022. Gross profit margin has been stable, but net profit margin has turned negative in the most recent year, indicating profitability issues. EBIT and EBITDA margins have also declined, highlighting operational inefficiencies.

Balance Sheet

The balance sheet shows a moderate level of stability with a reasonable equity ratio. The debt-to-equity ratio has increased over time, indicating higher leverage, which could pose a risk if not managed properly. However, the company's equity has grown slightly, providing some buffer against liabilities. Overall, the company maintains a balanced asset structure, but increasing debt levels require attention.

Cash Flow

Cash flow analysis indicates negative free cash flow growth and operational cash flow challenges. The operating cash flow to net income ratio has turned unfavorable, and free cash flow has been negative for the past few years. This suggests difficulties in generating cash from operations, potentially impacting future liquidity and investment capacity.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	14.52B	14.19B	14.27B	14.00B	15.48B	35.71B
Gross Profit	6.26B	6.17B	6.70B	6.28B	6.95B	8.16B
EBITDA	-938.68M	-57.72M	1.89B	1.02B	539.39M	2.13B
Net Income	-666.76M	-530.40M	1.01B	254.88M	310.44M	1.43B
Balance Sheet
Total Assets	31.03B	29.53B	27.08B	25.41B	25.09B	27.07B
Cash, Cash Equivalents and Short-Term Investments	10.59B	10.10B	12.86B	14.31B	13.77B	17.97B
Total Debt	14.92B	17.11B	11.66B	9.47B	10.26B	11.55B
Total Liabilities	21.27B	20.20B	16.28B	15.44B	15.44B	17.33B
Stockholders Equity	9.62B	9.20B	10.66B	9.80B	9.39B	9.21B
Cash Flow
Free Cash Flow	0.00	-1.20B	-424.17M	1.56B	38.14M	2.31B
Operating Cash Flow	0.00	-1.14B	-385.00M	1.59B	683.15M	2.43B
Investing Cash Flow	0.00	-6.59B	-1.64B	-708.65M	-1.28B	72.71M
Financing Cash Flow	0.00	4.63B	572.01M	-345.60M	-692.96M	-1.28B

CROOZ, Inc. Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 610.00
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:2138, the sentiment is Neutral. The current price of 610 is below the 20-day moving average (MA) of 622.80, below the 50-day MA of 617.96, and above the 200-day MA of 596.14, indicating a neutral trend. The MACD of -1.47 indicates Positive momentum. The RSI at 45.51 is Neutral, neither overbought nor oversold. The STOCH value of 18.33 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JP:2138.

CROOZ, Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
3653	78 Outperform	¥6.39B	22.71		―	29.19%	―
4256	72 Outperform	¥6.24B	53.61		―	14.82%	191.31%
4476	69 Neutral	¥6.65B	39.92		―	13.76%	-15.36%
Sector *	63 Neutral	$33.76B	6.14	-11.84%	1.84%	5.29%	-18.23%
4446	58 Neutral	¥4.72B	49.27		―	51.83%	-62.04%
4845	53 Neutral	¥7.21B	―		3.89%	-15.71%	65.07%
2138	47 Neutral	¥6.71B	―		―	-0.55%	-158.87%