Fundely Co.Ltd. (3137) AI Stock Analysis

• Market Cap: ¥3.72B
• Dividend Yield: N/A
• Average Volume (3M): 65.96K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.78
• Revenue Growth: 5.00%
• EPS Growth: 84.92%
• Country: JP
• Employees: N/A
• Sector: Communication Services
• Sector Strength: 97
• Industry: Publishing
• EPS (TTM): 3.22
• 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: ¥224.00 ▲(0.45% Upside)
• Action: Reiterated Date: 11/18/25
• Date: Action: Reiterated 11/18/25

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

Improving cash generation

Despite historical volatility and reported net losses, Fundely has recently improved free cash flow and shows a positive operating cash flow to net income ratio. Durable cash generation increases liquidity, supports near-term operations, and reduces reliance on external financing over months.

Stable gross profit margins

Stable gross margins imply the core food and e-commerce offerings maintain pricing power or consistent cost structure. Margin stability supports unit economics, allowing management time to address fixed-cost absorption and pursue gradual profitability improvements over a multi-month horizon.

Modest recent revenue growth

A modest positive revenue growth rate indicates some recovery or traction after prior declines. If sustained, this trend supports revenue base stabilization and gives the company a runway to scale margins and cash generation over the next several months, improving strategic options.

Negative Factors

Declining revenues and persistent losses

Ongoing top-line decline and recurring net losses erode intrinsic business value and constrain reinvestment. Persistent losses weaken the company's ability to self-fund growth, making structural recovery dependent on sustained revenue improvement or external capital over 2-6 months.

High financial leverage

A high debt-to-equity ratio raises refinancing and interest coverage risks, limiting strategic flexibility. Elevated leverage can strain cash flow under cyclical downturns and reduce ability to invest in growth initiatives, making the balance sheet a persistent vulnerability.

Negative operating and net margins

Consistently negative EBIT and net margins indicate core operations aren't covering costs, signaling structural profitability issues. Without durable margin improvement, the company faces ongoing cash burn and limited ability to generate shareholder returns over the medium term.

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	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
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: Negative
• 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 227.80, below the 50-day MA of 228.02, and above the 200-day MA of 221.57, indicating a bullish trend. The MACD of 2.49 indicates Negative momentum. The RSI at 59.67 is Neutral, neither overbought nor oversold. The STOCH value of 73.81 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
2408	75 Outperform	¥5.27B	16.04	―	5.27%	6.79%	-30.39%
6176	73 Outperform	¥10.43B	15.63	―	―	7.76%	12.44%
7875	70 Outperform	¥10.72B	8.37	―	3.40%	3.71%	78.87%
9478	70 Outperform	¥6.48B	13.28	―	0.87%	-3.02%	-30.86%
Sector *	60 Neutral	$48.67B	4.58	-11.27%	4.14%	2.83%	-41.78%
3641	48 Neutral	¥9.32B	64.79	―	1.02%	-8.03%	―
3137	41 Neutral	¥3.72B	-1,390.22	―	―	5.00%	84.92%