Speee, Inc. (4499) AI Stock Analysis

• Market Cap: ¥28.74B
• Dividend Yield: N/A
• Average Volume (3M): 230.84K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.14
• Revenue Growth: 4.53%
• EPS Growth: -464.41%
• Country: JP
• Employees: 591
• Sector: Communication Services
• Sector Strength: 97
• Industry: Advertising Agencies
• EPS (TTM): -40.76
• Shares Outstanding: 11,494,750
• 10 Day Avg. Volume: 101,670
• 30 Day Avg. Volume: 230,836
• PEG Ratio: 0.06
• Price to Book (P/B): 3.60
• Price to Sales (P/S): 1.60
• P/FCF Ratio: -33.19
• 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: 50 Neutral
• Price Target: ¥2,820.00 ▲(18.69% Upside)

The overall stock score is primarily influenced by financial performance challenges, with negative profitability and cash flow issues. Technical analysis provides some support with moderate strength, but valuation remains weak due to negative earnings and lack of dividends.

Positive Factors

High gross profit margin

A 77.96% gross margin signals strong unit economics from core services and platform offerings. Durable high gross margins create room to invest in sales, product and R&D, enabling scalable growth and the potential to absorb SG&A while working toward sustained profitability.

Recurring and diversified revenue streams

Reliance on long-term contracts, performance-based commissions and subscriptions provides recurring revenue and customer stickiness. This diversified mix smooths cash flows, supports higher customer lifetime value, and underpins durable demand for digital marketing and analytics services.

Stable equity ratio

A stable equity ratio indicates an ongoing capital base that cushions volatility and funds investment without excessive dilution. This structural balance between equity and debt supports financing flexibility for strategic initiatives and helps absorb cyclical ad-market swings.

Negative Factors

Negative net profit margin

A negative net margin shows the company currently cannot convert strong gross profit into net earnings. If sustained, this undermines retained earnings accumulation, reduces reinvestment capacity, and signals structural cost or pricing issues that must be resolved for long-term financial health.

Weak cash flow generation

Persistent negative operating and free cash flow indicate core operations consume cash rather than generate it. This limits the firm's ability to fund growth, service debt, or invest in product development without external financing, elevating medium-term solvency and execution risk.

Rising leverage and negative ROE

An increased debt ratio combined with negative ROE reflects capital inefficiency and higher financial risk. Greater leverage raises interest burden and reduces strategic flexibility, while negative ROE indicates shareholder capital is not generating returns, undermining long-term resilience.

Speee, Inc. Business Overview & Revenue Model

Company Description

Speee, Inc. engages in the marketing intelligence and digital transformation businesses in Japan. It offers UZOU, an ad distribution platform; VOYAGER, an integrated ad operation and management platform; and Markeship, a digital marketing support platform, as well as consulting services. The company also operates Yewuru, a site that supports real estate sales; Nurikae for requesting a quote for renovation; Sumai Step, a real estate sales bulk appraisal service; Yeoul Land Utilization, a land utilization plan comparison site; and Ouchi no Kataribe, a real estate company review site. In addition, it provides blockchain data platforms and back office services. Speee, Inc. was incorporated in 2007 and is headquartered in Tokyo, Japan.

How the Company Makes Money

Speee, Inc. generates revenue primarily through its digital marketing services, which include search engine optimization (SEO), pay-per-click (PPC) advertising management, and data analytics solutions. The company charges clients fees for its consulting services, performance-based commissions, and subscription models for its software tools. Key revenue streams include long-term contracts with corporate clients, performance-based pricing models where fees are tied to the results achieved, and partnerships with other digital marketing firms that enhance their service offerings. Additionally, the company may benefit from strategic alliances with technology providers, allowing it to integrate advanced tools and platforms into its service portfolio, thereby increasing its value proposition and revenue potential.

Speee, Inc. Financial Statement Overview

Summary

Speee, Inc. is facing financial difficulties with negative net profit margins and cash flow challenges. Despite positive revenue growth, the company struggles with profitability and managing debt levels.

Income Statement

Speee, Inc. has experienced a decline in profitability with negative net profit and EBIT margins in the latest year. The gross profit margin remains strong at 77.96%, but the net profit margin has turned negative at -5.78%. Revenue growth is positive at 14%, indicating some top-line growth, but the company is struggling to convert this into bottom-line profitability.

Balance Sheet

The company's debt-to-equity ratio has increased to 0.62, indicating higher leverage compared to previous years. Return on equity is negative at -13.04%, reflecting the company's current unprofitability. However, the equity ratio remains stable, suggesting a reasonable proportion of equity financing.

Cash Flow

Speee, Inc. is facing challenges with cash flow, as indicated by negative operating cash flow and free cash flow. The free cash flow to net income ratio is slightly above 1, suggesting that the company is generating some cash relative to its net losses, but overall cash flow health is weak.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	16.41B	16.44B	15.72B	13.61B	11.24B	12.69B
Gross Profit	13.16B	12.81B	13.06B	11.46B	9.50B	7.93B
EBITDA	250.14M	-652.87M	717.47M	-884.02M	1.66B	1.25B
Net Income	-218.93M	-950.66M	244.19M	-1.04B	1.08B	835.56M
Balance Sheet
Total Assets	15.70B	14.81B	10.12B	11.30B	8.92B	7.60B
Cash, Cash Equivalents and Short-Term Investments	10.11B	9.40B	4.99B	6.64B	5.67B	4.76B
Total Debt	4.92B	4.50B	1.70B	1.81B	823.51M	864.26M
Total Liabilities	7.95B	7.52B	4.70B	6.25B	2.98B	2.76B
Stockholders Equity	7.75B	7.29B	5.42B	5.04B	5.94B	4.85B
Cash Flow
Free Cash Flow	0.00	-791.80M	-1.40B	188.14M	985.76M	552.22M
Operating Cash Flow	0.00	-751.74M	-1.34B	477.73M	1.04B	669.48M
Investing Cash Flow	0.00	-151.80M	-222.05M	-565.20M	-100.08M	-69.80M
Financing Cash Flow	0.00	5.31B	-95.84M	1.06B	-30.84M	-789.93M

Speee, Inc. Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 2376.00
• 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:4499, the sentiment is Neutral. The current price of 2376 is below the 20-day moving average (MA) of 2617.80, below the 50-day MA of 2525.08, and below the 200-day MA of 2441.07, indicating a neutral trend. The MACD of 2.99 indicates Positive momentum. The RSI at 45.68 is Neutral, neither overbought nor oversold. The STOCH value of 16.54 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JP:4499.

Speee, Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
2491	79 Outperform	¥20.91B	28.79	―	7.85%	-3.20%	34.08%
6535	75 Outperform	¥29.94B	13.11	―	5.35%	58.08%	29.89%
2461	69 Neutral	¥32.03B	22.33	―	5.08%	3.22%	13.97%
2148	62 Neutral	¥34.54B	23.99	―	6.44%	2.09%	-2.15%
2389	61 Neutral	¥32.35B	25.44	―	2.14%	-22.10%	-16.33%
Sector *	60 Neutral	$48.67B	4.58	-11.27%	4.14%	2.83%	-41.78%
4499	50 Neutral	¥28.74B	-29.98	―	―	4.53%	-464.41%

Speee, Inc. Corporate Events

Speee, Inc. Reports Financial Results for FY2025 with Increased Sales but Operating Loss

Speee, Inc. reported its consolidated financial results for the year ended September 30, 2025, showing a 4.5% increase in net sales to 16,435 million yen. However, the company faced significant challenges with an operating loss of 685 million yen and a net loss attributable to owners of 950 million yen. Despite these setbacks, Speee, Inc. increased its total assets to 14,813 million yen, reflecting a strategic focus on growth. The announcement indicates ongoing financial challenges, but also highlights the company’s efforts to stabilize and expand its market presence.

The most recent analyst rating on (JP:4499) stock is a Hold with a Yen2571.00 price target. To see the full list of analyst forecasts on Speee, Inc. stock, see the JP:4499 Stock Forecast page.