Adventure Reports Final Profit of 750 Million Yen for the Fiscal Year Ending June 2024

Adventure Reports Final Profit of 750 Million Yen for the Fiscal Year Ending June 2024

Adventure announced its full-year performance for the fiscal year ending June 2024. The final profit amounted to 750 million yen.

The revenue was 22.391 billion yen, with an operating profit of 1.547 billion yen. The end-of-term dividend was 20 yen per share. During the term, shares of six companies, both domestic and international, were acquired, adding five companies including Tabikobo and Ayabex to the consolidated scope.

From the first to the third quarter, the company maintained an operating profit. However, in the fourth quarter, it recorded an operating loss due to aggressive investments in M&A related expenses and advertising costs. The company was also affected by the nationwide travel support and the repercussions of shifting COVID-19 measures to Class 5.

For the fiscal year ending June 2025, the company forecasts revenues of 23.4 billion yen to 26 billion yen, operating profits of 2.1 billion yen to 3 billion yen, and final profits of 1.3 billion yen to 1.8 billion yen.

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