Airtrip has announced its financial results for the fiscal year ending in September 2024, with a net profit of 2.084 billion yen.
The company reported total sales of 26.635 billion yen, with an operating profit of 2.401 billion yen, a pre-tax profit of 1.942 billion yen, and a net profit for the term of 2.1 billion yen.
Although Airtrip’s travel business has continued to see an increase in sales compared to the previous term, a slowdown in growth was noted. The company has made growth investments to secure business profits. Profits were recorded in the online travel business and investment business, while losses were reported in the IT offshore development business. Five invested companies went public.
For the fiscal year ending in September 2025, the company forecasts an increase in sales to 28 billion yen but a decrease in profits with an operating profit of 1 billion yen, a pre-tax profit of 900 million yen, and a net profit of 500 million yen. The travel business of Airtrip is anticipated to experience a slowdown in growth, with fixed costs, mainly personnel expenses, expected to increase by approximately 10%.
