The earnings call presented a mix of significant achievements, such as record-breaking core operating profit and high profitability across business areas, alongside notable challenges like the decline in the U.S. GMV and issues with fraudulent usage. While the company showed strong financial performance, there are concerns about meeting future growth targets.
Company Guidance
During Mercari's FY 2025 second quarter earnings briefing, CFO Sayaka Eda highlighted the company's financial performance and strategic focus areas. The company achieved a record-breaking consolidated core operating profit of JPY 7 billion, representing a 79% increase year-on-year. Despite a slower-than-expected GMV growth rate in the marketplace and U.S. segments, improvements were seen in the latter half of the quarter. The marketplace GMV grew by 5% to JPY 296 billion, with a revenue increase of 2% to JPY 28.9 billion. The adjusted core operating margin, excluding investments in Mercari Hallo, stood at 46%. In fintech, the credit balance grew by 38% to JPY 213.3 billion, with a core operating profit of JPY 1.2 billion. The U.S. business saw a significant GMV decline of 27% year-on-year, yet improved its core operating loss to negative JPY 100 million. Looking forward, Mercari aims to enhance safety and user experience across its platform and achieve a core operating margin of 37% to 42% in the marketplace segment, with fintech targeting a JPY 3 billion core operating profit.
Record-Breaking Core Operating Profit
Mercari achieved a record-breaking consolidated core operating profit of JPY 7 billion, up 79% year-on-year.
High Profitability Across Business Pillars
All three business pillars (marketplace, fintech, and U.S.) achieved high profitability, with marketplace GMV growing by 5% and fintech credit balance increasing by 38% year-on-year.
Positive Adjustments and Feature Enhancements
Implemented product initiatives and enhancements, such as hassle-free car sales and C2B transactions, leading to increased engagement and item views.
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Mercari (JP:4385) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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JP:4385 Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Feb 07, 2025
¥1907.00
¥2307.00
+20.98%
Nov 06, 2024
¥2171.50
¥1824.00
-16.00%
Aug 13, 2024
¥2100.00
¥2175.00
+3.57%
May 10, 2024
¥1758.00
¥1918.00
+9.10%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Mercari Inc (JP:4385) report earnings?
Mercari Inc (JP:4385) is schdueled to report earning on Apr 25, 2025, TBA Not Confirmed.
What is Mercari Inc (JP:4385) earnings time?
Mercari Inc (JP:4385) earnings time is at Apr 25, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.