Fundely Co.Ltd. (3137) AI Stock Analysis

• Market Cap: ¥2.91B
• Dividend Yield: N/A
• Average Volume (3M): 65.96K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.82
• Revenue Growth: 5.00%
• EPS Growth: 84.92%
• Country: JP
• Employees: N/A
• Sector: Communication Services
• Sector Strength: 97
• Industry: Publishing
• EPS (TTM): 1.09
• Shares Outstanding: 12,940,200
• 10 Day Avg. Volume: 109,020
• 30 Day Avg. Volume: 65,963
• PEG Ratio: 0.03
• Price to Book (P/B): 10.85
• Price to Sales (P/S): 0.98
• P/FCF Ratio: 9.72
• 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: 41 Neutral
• Price Target: ¥217.00 ▼(-2.69% Downside)

Fundely Co.Ltd. is facing significant financial challenges, with declining revenues and persistent losses, which heavily impact its overall score. The technical analysis indicates a bearish trend, further weighing down the score. Valuation metrics are poor due to negative earnings and lack of dividends. The absence of earnings call data and corporate events means these factors do not influence the score.

Positive Factors

Diversified revenue model

Fundely's multiple revenue streams—percentage fees on fundraising, advisory/marketing fees, interest from peer-to-peer lending, and partnership-driven transaction flow—create structural resilience. Diversification reduces reliance on any single channel and supports steadier cash generation over time.

Improving cash generation

A persistent improvement in free cash flow and a positive operating cash flow-to-net income ratio signal stronger cash conversion despite accounting losses. This enhances the company's ability to fund operations, service obligations, and invest in product or platform improvements without immediate reliance on equity financing.

Stable gross profit margins

Stable gross margins indicate the core unit economics of Fundely's platform remain intact. With consistent direct margins, management can focus on scaling revenue and improving operating leverage to close the profitability gap, making margin sustainability a durable positive for turnaround potential.

Negative Factors

Declining revenue trend

A multiyear revenue decline undermines network effects critical to a crowdfunding marketplace, shrinking deal flow and investor engagement. Reduced top-line scale also compresses opportunities for fixed-cost absorption, making it harder to achieve operating leverage and long-term profitable growth.

Persistent negative profitability

Sustained net losses erode retained earnings and constrain reinvestment in product, compliance, and customer acquisition. Ongoing unprofitability increases reliance on external funding, complicates strategic planning, and heightens risk that operational fixes may be insufficient without meaningful revenue recovery.

High leverage and declining equity

Significant leverage and falling equity reduce financial flexibility and raise solvency risk, especially given negative earnings. Interest and principal obligations can crowd out growth spending, limit partnership options, and make the company vulnerable to refinancing stress during adverse market conditions.

Fundely Co.Ltd. Business Overview & Revenue Model

Company Description

Fundely Co., Ltd. engages in the medical food delivery business through its Meal Time ecommerce site. The company is also involved in cooking immediately delivery business. In addition, it offers marketing support services. Fundely Co., Ltd. was incorporated in 2000 and is headquartered in Tokyo, Japan.

How the Company Makes Money

Fundely generates revenue through multiple key streams, primarily by charging fees on successful fundraising campaigns facilitated through its platform. This includes a percentage of the total funds raised by projects and service fees for advisory and marketing support provided to businesses seeking investment. Additionally, the company may earn interest on loans issued through its peer-to-peer lending services. Strategic partnerships with financial institutions and venture capital firms also enhance Fundely's earning potential, as these collaborations may lead to an increased volume of transactions and a larger user base, further contributing to its overall revenue.

Fundely Co.Ltd. Financial Statement Overview

Summary

Fundely Co.Ltd. faces significant financial challenges, with declining revenues and persistent losses over the years. The high leverage and negative profitability metrics indicate financial instability. However, the company has managed to improve its cash flow performance recently, suggesting some operational efficiencies. Overall, the financial outlook remains concerning.

Income Statement

The company displays a declining revenue trend with a significant drop from 2020 to 2025. Gross profit margin remains relatively stable, but the net profit margin has been consistently negative, indicating ongoing profitability challenges. The EBIT margin has also been negative in most years, which is concerning for operational efficiency.

Balance Sheet

Fundely Co.Ltd. has a high debt-to-equity ratio, reflecting significant leverage and potential risks associated with high debt levels. The equity ratio has been declining, showing reduced shareholder equity relative to assets. Return on equity is negative, consistent with the negative net income.

Cash Flow

The company has shown a positive trend in free cash flow in recent years, despite historical volatility. The operating cash flow to net income ratio is positive, indicating decent cash generation relative to reported losses, though this is overshadowed by the company's negative net income.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	2.46B	2.65B	2.81B	3.12B	3.06B
Gross Profit	1.03B	1.30B	1.20B	1.18B	962.00M
EBITDA	109.83M	353.73M	8.85M	-1.43B	-1.84M
Net Income	-183.58M	66.33M	-284.29M	-1.95B	-374.66M
Balance Sheet
Total Assets	4.18B	4.63B	4.94B	5.46B	7.73B
Cash, Cash Equivalents and Short-Term Investments	758.88M	781.54M	975.78M	1.07B	668.47M
Total Debt	3.72B	3.99B	4.26B	4.53B	4.80B
Total Liabilities	3.96B	4.22B	4.59B	4.82B	5.12B
Stockholders Equity	222.00M	405.57M	349.66M	643.17M	2.61B
Cash Flow
Free Cash Flow	247.75M	71.34M	188.44M	690.05M	-945.74M
Operating Cash Flow	249.14M	71.34M	189.15M	738.47M	-278.72M
Investing Cash Flow	-1.44M	3.09M	-694.00K	-50.69M	-667.01M
Financing Cash Flow	-270.36M	-268.68M	-279.51M	-289.42M	-308.86M

Fundely Co.Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 223.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:3137, the sentiment is Positive. The current price of 223 is below the 20-day moving average (MA) of 227.40, above the 50-day MA of 212.40, and below the 200-day MA of 223.46, indicating a neutral trend. The MACD of 6.00 indicates Positive momentum. The RSI at 54.01 is Neutral, neither overbought nor oversold. The STOCH value of 38.24 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:3137.

Fundely Co.Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
2481	75 Outperform	¥3.73B	9.42	―	2.95%	1.41%	-6.45%
Sector *	60 Neutral	$48.67B	4.58	-11.27%	4.14%	2.83%	-41.78%
2341	58 Neutral	¥3.97B	-7.19	―	2.78%	6.71%	-1627.44%
2404	55 Neutral	¥7.03B	11.31	―	―	13.78%	8241.99%
3931	50 Neutral	¥2.82B	-2,228.42	―	3.49%	10.69%	-101.97%
2164	44 Neutral	¥1.87B	-66.91	―	―	5.92%	280.16%
3137	41 Neutral	¥2.91B	-172.43	―	―	5.00%	84.92%