GLOE Inc. (9565) AI Stock Analysis

• Market Cap: ¥2.06B
• Dividend Yield: N/A
• Average Volume (3M): 11.30K
• Price to Earnings (P/E): 606.1
• Beta (1Y): 0.70
• Revenue Growth: 25.77%
• EPS Growth: N/A
• Country: JP
• Employees: 75
• Sector: Communication Services
• Sector Strength: 97
• Industry: Electronic Gaming & Multimedia
• EPS (TTM): 46.29
• Shares Outstanding: 2,775,933
• 10 Day Avg. Volume: 8,950
• 30 Day Avg. Volume: 11,303
• PEG Ratio: -5.03
• Price to Book (P/B): 4.79
• Price to Sales (P/S): 0.81
• P/FCF Ratio: 56.90
• 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: 53 Neutral
• Price Target: ¥741.00 ▼(-8.52% Downside)
• Action: Reiterated Date: 12/18/25
• Date: Action: Reiterated 12/18/25

The overall stock score for GLOE Inc. is primarily influenced by its financial performance and valuation. While the company shows strong revenue growth, its profitability and cash flow sustainability are concerns. The technical analysis suggests a lack of clear momentum, and the extremely high P/E ratio indicates potential overvaluation. The absence of a dividend yield further impacts the valuation negatively.

Positive Factors

Revenue Growth

Sustained revenue growth (~25-23% reported) signals durable demand and expanding market penetration in its gaming segment. Over 2-6 months this supports capacity utilization, potential operating leverage, and funds reinvestment into product development and distribution to deepen competitive position.

Improving Leverage

An improved debt-to-equity ratio (1.12) indicates the company is reducing leverage risk and improving balance sheet resilience. This enhances financial flexibility for capex or strategic investments, lowers refinancing risk in a higher-rate environment, and supports stable operations over the medium term.

Cash Generation Quality

Positive free cash flow combined with a strong operating-cash-flow-to-net-income ratio (32.64%) reflects cash-generation quality versus accounting earnings. This provides practical capacity to fund working capital and selective investments, supporting sustainable operations and reducing reliance on external financing.

Negative Factors

Low Net Margin

A net margin of 0.13% reveals very limited profitability after costs and taxes. This structural thinness makes earnings highly sensitive to small revenue or cost swings, constrains retained earnings available for reinvestment, and impedes steady margin expansion without meaningful cost or pricing changes.

Weak Return on Equity

ROE of 0.80% signals weak returns on shareholder capital and suggests inefficiencies in using equity to generate profits. Persistently low ROE limits compounding shareholder value and may indicate the business struggles to convert growth into attractive investor returns absent structural improvements.

Deteriorating FCF Growth

A negative free cash flow growth rate signals the company’s cash generation is weakening over time. Even with positive absolute FCF today, declining cash growth can constrain future investment, force external financing for expansion, and increase vulnerability if margins or revenues slip.

GLOE Inc. Business Overview & Revenue Model

Company Description

GLOE Inc. (9565) is a technology-driven company specializing in innovative solutions for the renewable energy sector. The company focuses on developing advanced energy storage systems, solar power technologies, and smart grid solutions designed to optimize energy usage and reduce environmental impact. GLOE Inc. operates primarily in the clean energy sector, catering to both commercial and residential markets with a suite of products that includes solar panels, battery storage systems, and energy management software.

How the Company Makes Money

GLOE Inc. generates revenue through multiple streams, primarily by selling its renewable energy products directly to consumers and businesses. The company's core revenue comes from the sale of solar power systems and battery storage solutions, which are often complemented by installation services. Additionally, GLOE Inc. has established strategic partnerships with utility companies and government agencies, allowing them to participate in incentive programs and grants that promote renewable energy adoption. The company also offers subscription-based energy management software, providing ongoing support and maintenance services that contribute to a steady stream of recurring revenue. Furthermore, GLOE Inc. explores opportunities in research and development, collaborating with other firms to innovate and enhance their product offerings, which may lead to new revenue channels.

GLOE Inc. Financial Statement Overview

Summary

GLOE Inc. is experiencing strong revenue growth, but profitability remains a challenge. The balance sheet shows improved leverage, yet return on equity is low, indicating limited returns for shareholders. Cash flow metrics suggest some financial flexibility, but the negative free cash flow growth rate raises concerns about future cash generation. Overall, the company is on a growth trajectory but needs to focus on enhancing profitability and cash flow sustainability.

Income Statement

GLOE Inc. has shown a strong revenue growth rate of 23.34% in the latest year, indicating a positive trajectory. However, the net profit margin remains low at 0.13%, suggesting challenges in converting revenue into profit. The gross profit margin is moderate at 26.87%, and while EBIT and EBITDA margins are improving, they remain relatively low at 0.66% and 2.83%, respectively. Overall, the company is growing but needs to improve profitability.

Balance Sheet

The debt-to-equity ratio has improved to 1.12, indicating better leverage management compared to previous years. However, the return on equity is low at 0.80%, reflecting limited profitability from shareholders' investments. The equity ratio stands at 29.77%, showing a moderate level of equity financing. While the balance sheet shows signs of improvement, profitability remains a concern.

Cash Flow

Operating cash flow has decreased slightly, but free cash flow remains positive, indicating some level of financial flexibility. The operating cash flow to net income ratio is strong at 32.64, suggesting efficient cash generation relative to net income. However, the free cash flow growth rate is negative, highlighting potential challenges in sustaining cash flow growth.

Breakdown	Oct 2025	Oct 2024	Oct 2023	Oct 2022	Oct 2021
Income Statement
Total Revenue	2.84B	2.26B	2.26B	2.05B	1.67B
Gross Profit	763.96M	605.07M	517.81M	654.58M	509.02M
EBITDA	80.38M	54.26M	45.84M	273.92M	166.91M
Net Income	3.83M	-19.21M	-5.69M	144.70M	82.36M
Balance Sheet
Total Assets	1.61B	1.03B	1.11B	1.05B	820.81M
Cash, Cash Equivalents and Short-Term Investments	486.87M	359.30M	268.51M	212.36M	57.11M
Total Debt	539.18M	261.61M	308.70M	377.90M	440.59M
Total Liabilities	1.11B	525.68M	617.66M	777.05M	691.39M
Stockholders Equity	480.87M	468.88M	485.70M	274.12M	129.42M
Cash Flow
Free Cash Flow	40.52M	128.22M	-80.68M	212.57M	-42.05M
Operating Cash Flow	125.03M	142.10M	-65.27M	234.79M	-9.02M
Investing Cash Flow	-186.81M	-6.60M	-14.92M	-16.86M	-254.18M
Financing Cash Flow	189.35M	-44.71M	136.34M	-62.69M	96.21M

GLOE Inc. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 810.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:9565, the sentiment is Negative. The current price of 810 is above the 20-day moving average (MA) of 769.30, above the 50-day MA of 803.52, and below the 200-day MA of 891.13, indicating a bearish trend. The MACD of -26.38 indicates Positive momentum. The RSI at 25.15 is Positive, neither overbought nor oversold. The STOCH value of 11.41 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:9565.

GLOE Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
3907	64 Neutral	¥1.88B	9.11	―	1.36%	2.33%	―
3911	62 Neutral	¥9.95B	9.15	―	―	11.15%	―
3928	61 Neutral	¥2.61B	11.18	―	―	-10.80%	-64.63%
Sector *	60 Neutral	$48.67B	4.58	-11.27%	4.14%	2.83%	-41.78%
9565	53 Neutral	¥2.06B	606.11	―	―	25.77%	―
3672	45 Neutral	¥3.50B	-4.48	―	―	-17.60%	37.30%
3667	42 Neutral	¥2.49B	-1.35	―	―	-22.21%	32.20%