BeMap, Inc. (4316) AI Stock Analysis

• Market Cap: ¥3.39B
• Dividend Yield: N/A
• Average Volume (3M): 398.63K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.15
• Revenue Growth: 11.96%
• EPS Growth: -453.36%
• Country: JP
• Employees: 72
• Sector: Technology
• Sector Strength: 88
• Industry: Information Technology Services
• EPS (TTM): -26.80
• Shares Outstanding: 3,504,100
• 10 Day Avg. Volume: 418,160
• 30 Day Avg. Volume: 398,630
• PEG Ratio: 0.03
• Price to Book (P/B): 2.35
• Price to Sales (P/S): 0.77
• P/FCF Ratio: -4.53
• 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: 54 Neutral
• Price Target: ¥986.00 ▼(-12.82% Downside)

The overall stock score is primarily impacted by the company's financial struggles, including declining revenues and negative profit margins. Despite strong technical indicators suggesting bullish momentum, the poor valuation due to a negative P/E ratio and lack of dividend yield significantly weigh down the score.

Positive Factors

Low leverage / manageable debt

Low debt-to-equity provides lasting financial flexibility, lowering insolvency risk and preserving borrowing capacity. Over 2-6 months this supports funding for product development, strategic partnerships, or working capital without pressuring cash flow, enhancing resilience during cycles.

Diversified revenue streams

Multiple, complementary revenue channels—licensing, recurring subscriptions, bespoke partnerships and ad monetization—create structural resilience. Recurring and contract-based sales improve predictability and customer stickiness, supporting steady cash generation and lower revenue volatility long term.

Reported revenue growth

An ~12% reported revenue growth point suggests sustained demand for mapping and location services. If maintained, this top-line momentum can enable scale economies, improved absorption of fixed costs and potential margin recovery, underpinning stronger operating performance over months.

Negative Factors

Negative operating and free cash flow

Persistent negative operating and free cash flow constrains the company's ability to self-fund operations and investments. Over a multi-month horizon this elevates refinancing and liquidity risk, may force tighter capex or dilutive financing, and limits strategic flexibility.

Unprofitable operations and weak margins

Sustained negative EBIT/EBITDA margins indicate structural operational inefficiencies or pricing pressure. Without margin recovery, the business struggles to convert revenue into sustainable earnings, undermining reinvestment capacity and long-term viability absent strategic cost or revenue improvements.

Declining equity and ROE

A falling equity base and weaker ROE reduce the firm's capital buffer and investor confidence. Structurally, this limits the ability to absorb shocks, raises cost of capital, and can complicate fundraising or partnership negotiations, impairing growth execution over the medium term.

BeMap, Inc. Business Overview & Revenue Model

Company Description

BeMap, Inc. engages in the mobile system integration business in Japan. It offers systems for railways, including customized timetable and route search services, as well as allows railway service companies to provide users with information using content management system (CMS) Wi-Fi infrastructures. The company also develops and maintains CMS for Wi-Fi; Wi-Fi authentication systems that supports public wireless LAN services for telecommunication carriers; and platforms to enable the supply content services for Wi-Fi with location-based systems and smartphone applications. In addition, it provides systems for individuals to use a public wireless LAN at railway stations, airports, convenience stores, and other places through telecommunication carriers and railway operators; and cloud-based digital video recording services. Further, the company offers 02020, an on-air to online to offline solution; TV metadata, which offers descriptive information about programming that includes title, storyline, cast, genre, release date, images, featured products/companies/shops, and others; and website/software development services, including planning, implementation, quality assurance testing, deployment, and upgrades and enhancements. BeMap, Inc. was incorporated in 1998 and is based in Tokyo, Japan.

How the Company Makes Money

BeMap, Inc. generates revenue through several key streams. Primarily, the company sells software licenses for its mapping and location-based services to businesses in sectors such as logistics, transportation, and urban development. Additionally, BeMap offers subscription-based services that provide ongoing access to its data analytics tools and real-time tracking features. Another significant revenue stream comes from partnerships with technology firms and government agencies, which often involve customized solutions and consulting services tailored to specific geospatial needs. The company may also benefit from advertising revenue generated through its consumer-facing applications, where businesses can promote their services based on user location data.

BeMap, Inc. Financial Statement Overview

Summary

BeMap, Inc. is facing financial challenges with declining revenues, negative profit margins, and cash flow difficulties. Despite low leverage, the company's ability to generate profits and positive cash flows is hindered, indicating a need for strategic realignment.

Income Statement

The income statement shows declining revenue with a negative growth rate over the last year, primarily impacted by a fall in gross profit and net income. The company has negative EBIT and EBITDA margins, indicating operational inefficiencies. Although gross profit margin remains stable, consistent net losses pose a significant challenge.

Balance Sheet

The balance sheet reflects moderate financial stability, with a debt-to-equity ratio that remains low, suggesting manageable leverage. However, the declining equity ratio and return on equity indicate reduced shareholder value and financial health. The equity has decreased over time, impacting overall stability.

Cash Flow

The cash flow statement highlights negative free cash flow and operating cash flow, signaling liquidity issues. Despite some improvement in free cash flow growth in earlier years, the recent decline is concerning. The company struggles to generate sufficient cash flow from operations to cover its expenses and investments.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.55B	1.49B	1.60B	1.04B	1.02B	1.34B
Gross Profit	667.59M	664.49M	723.26M	470.00M	465.09M	616.04M
EBITDA	-168.56M	-176.97M	155.51M	-211.68M	-165.77M	68.18M
Net Income	-187.34M	-179.56M	155.84M	-224.72M	-155.87M	41.46M
Balance Sheet
Total Assets	822.00M	929.03M	1.17B	1.01B	941.45M	1.31B
Cash, Cash Equivalents and Short-Term Investments	453.00M	155.11M	432.71M	396.99M	365.37M	545.02M
Total Debt	78.00M	82.14M	96.43M	100.00M	0.00	200.00M
Total Liabilities	362.00M	424.13M	466.57M	432.60M	188.89M	384.10M
Stockholders Equity	453.00M	487.85M	685.62M	540.40M	747.33M	924.66M
Cash Flow
Free Cash Flow	0.00	-252.76M	-165.79M	-177.71M	57.06M	-33.87M
Operating Cash Flow	0.00	-250.38M	-159.04M	-177.50M	66.22M	-28.30M
Investing Cash Flow	0.00	-12.94M	204.93M	309.11M	-45.87M	-45.15M
Financing Cash Flow	0.00	-14.29M	-10.17M	7.00K	-200.00M	200.00M

BeMap, Inc. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1131.00
• 50DMA: Negative
• 100DMA: Negative
• 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:4316, the sentiment is Negative. The current price of 1131 is above the 20-day moving average (MA) of 1120.30, above the 50-day MA of 1045.24, and above the 200-day MA of 829.84, indicating a neutral trend. The MACD of -19.95 indicates Positive momentum. The RSI at 39.19 is Neutral, neither overbought nor oversold. The STOCH value of 10.27 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:4316.

BeMap, Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
3908	60 Neutral	¥1.44B	10.15	―	―	-10.98%	―
4016	57 Neutral	¥2.06B	20.30	―	3.07%	2.07%	11.34%
3803	56 Neutral	¥1.08B	-4.98	―	―	39.34%	-765.51%
4316	54 Neutral	¥3.39B	-17.18	―	―	11.96%	-453.36%
3634	44 Neutral	¥1.59B	-33.74	―	0.42%	6.81%	62.28%