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Tabikobo Reports a Final Loss of ¥353 Million for the Fiscal Year Ending June 2024
Tabikobo has announced its full-year financial performance for the fiscal year ending June 2024, reporting a final loss of ¥353 million.
Revenue was ¥3.342 billion, with an operating loss of ¥351 million. Due to a change in the fiscal year period, the accounts cover an irregular 15 months from April 2023 to June 2024.
A capital increase carried out in the third quarter resolved the issue of excess liabilities, and the equity ratio improved to 61.3%. Cash and cash equivalents at the end of the period were ¥2.48 billion. The designation as a security on grace period for delisting is expected to be lifted.
For the fiscal year ending June 2025, the company plans to expand its service areas, enhance online payment products, actively invest in advertising and promotions, and increase staffing. The performance forecast includes revenue of ¥3.393 billion, an operating loss of ¥205 million, and a final loss of ¥210 million.
The translation may not be accurate.