View Future GrowthGeolocation Technology 過去の業績過去 基準チェック /06Geolocation Technologyの収益は年間平均-40.2%の割合で減少していますが、 IT業界の収益は年間 増加しています。収益は年間12.7% 3.2%割合で 減少しています。主要情報-40.23%収益成長率-57.17%EPS成長率IT 業界の成長14.26%収益成長率-3.17%株主資本利益率-3.01%ネット・マージン-2.41%前回の決算情報31 Dec 2025最近の業績更新Reported Earnings • Oct 03Full year 2024 earnings released: EPS: JP¥23.86 (vs JP¥24.32 in FY 2023)Full year 2024 results: EPS: JP¥23.86 (down from JP¥24.32 in FY 2023). Revenue: JP¥716.0m (down 6.6% from FY 2023). Net income: JP¥37.0m (flat on FY 2023). Profit margin: 5.2% (up from 4.8% in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance.Reported Earnings • Aug 19Full year 2024 earnings released: EPS: JP¥23.86 (vs JP¥24.32 in FY 2023)Full year 2024 results: EPS: JP¥23.86 (down from JP¥24.32 in FY 2023). Revenue: JP¥716.0m (down 6.6% from FY 2023). Net income: JP¥37.0m (flat on FY 2023). Profit margin: 5.2% (up from 4.8% in FY 2023).Reported Earnings • Feb 17Second quarter 2024 earnings released: EPS: JP¥9.04 (vs JP¥2.64 in 2Q 2023)Second quarter 2024 results: EPS: JP¥9.04 (up from JP¥2.64 in 2Q 2023). Revenue: JP¥183.0m (up 11% from 2Q 2023). Net income: JP¥14.0m (up 250% from 2Q 2023). Profit margin: 7.7% (up from 2.4% in 2Q 2023).Reported Earnings • Nov 20First quarter 2024 earnings released: EPS: JP¥7.75 (vs JP¥29.72 in 1Q 2023)First quarter 2024 results: EPS: JP¥7.75 (down from JP¥29.72 in 1Q 2023). Revenue: JP¥180.0m (down 16% from 1Q 2023). Net income: JP¥12.0m (down 73% from 1Q 2023). Profit margin: 6.7% (down from 21% in 1Q 2023).Reported Earnings • Aug 16Full year 2023 earnings released: EPS: JP¥24.32 (vs JP¥70.96 in FY 2022)Full year 2023 results: EPS: JP¥24.32 (down from JP¥70.96 in FY 2022). Revenue: JP¥767.0m (up 5.5% from FY 2022). Net income: JP¥37.0m (down 63% from FY 2022). Profit margin: 4.8% (down from 14% in FY 2022).Reported Earnings • Feb 16Second quarter 2023 earnings released: EPS: JP¥2.64 (vs JP¥36.66 in 2Q 2022)Second quarter 2023 results: EPS: JP¥2.64 (down from JP¥36.66 in 2Q 2022). Revenue: JP¥165.0m (down 5.7% from 2Q 2022). Net income: JP¥4.00m (down 85% from 2Q 2022). Profit margin: 2.4% (down from 15% in 2Q 2022). The decrease in margin was primarily driven by higher expenses.すべての更新を表示Recent updatesお知らせ • Sep 12Geolocation Technology, Inc., Annual General Meeting, Sep 25, 2025Geolocation Technology, Inc., Annual General Meeting, Sep 25, 2025, at 10:00 Tokyo Standard Time. Location: 14-31 honmachi, shizuoka prefecture, mishima plaza hotel, 7th floor, maria sole, mishima JapanBoard Change • May 01Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Outside Director Kenji Furukawa was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Oct 03Full year 2024 earnings released: EPS: JP¥23.86 (vs JP¥24.32 in FY 2023)Full year 2024 results: EPS: JP¥23.86 (down from JP¥24.32 in FY 2023). Revenue: JP¥716.0m (down 6.6% from FY 2023). Net income: JP¥37.0m (flat on FY 2023). Profit margin: 5.2% (up from 4.8% in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance.Reported Earnings • Aug 19Full year 2024 earnings released: EPS: JP¥23.86 (vs JP¥24.32 in FY 2023)Full year 2024 results: EPS: JP¥23.86 (down from JP¥24.32 in FY 2023). Revenue: JP¥716.0m (down 6.6% from FY 2023). Net income: JP¥37.0m (flat on FY 2023). Profit margin: 5.2% (up from 4.8% in FY 2023).Buy Or Sell Opportunity • Aug 07Now 35% overvalued after recent price riseOver the last 90 days, the stock has risen 37% to JP¥950. The fair value is estimated to be JP¥706, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.7% over the last 3 years. Meanwhile, the company became loss making.New Risk • Jun 28New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: JP¥1.55b (US$9.61m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 7.1% per year over the past 5 years. Market cap is less than US$10m (JP¥1.55b market cap, or US$9.61m). Minor Risk Revenue is less than US$5m (JP¥720m revenue, or US$4.5m).Upcoming Dividend • Jun 20Upcoming dividend of JP¥10.00 per shareEligible shareholders must have bought the stock before 27 June 2024. Payment date: 30 September 2024. The average dividend yield among industry peers is 1.6%.New Risk • May 22New major risk - Revenue and earnings growthEarnings have declined by 7.1% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.3% average weekly change). Earnings have declined by 7.1% per year over the past 5 years. Market cap is less than US$10m (JP¥1.56b market cap, or US$9.99m). Minor Risk Revenue is less than US$5m (JP¥720m revenue, or US$4.6m).Reported Earnings • Feb 17Second quarter 2024 earnings released: EPS: JP¥9.04 (vs JP¥2.64 in 2Q 2023)Second quarter 2024 results: EPS: JP¥9.04 (up from JP¥2.64 in 2Q 2023). Revenue: JP¥183.0m (up 11% from 2Q 2023). Net income: JP¥14.0m (up 250% from 2Q 2023). Profit margin: 7.7% (up from 2.4% in 2Q 2023).Reported Earnings • Nov 20First quarter 2024 earnings released: EPS: JP¥7.75 (vs JP¥29.72 in 1Q 2023)First quarter 2024 results: EPS: JP¥7.75 (down from JP¥29.72 in 1Q 2023). Revenue: JP¥180.0m (down 16% from 1Q 2023). Net income: JP¥12.0m (down 73% from 1Q 2023). Profit margin: 6.7% (down from 21% in 1Q 2023).Valuation Update With 7 Day Price Move • Sep 26Investor sentiment improves as stock rises 15%After last week's 15% share price gain to JP¥904, the stock trades at a trailing P/E ratio of 34.8x. Average trailing P/E is 19x in the IT industry in Japan. Total loss to shareholders of 46% over the past year.New Risk • Aug 23New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (JP¥1.17b market cap, or US$8.02m). Minor Risks Share price has been volatile over the past 3 months (5.8% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.8% net profit margin).New Risk • Aug 17New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 37% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (JP¥1.12b market cap, or US$7.71m). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.8% net profit margin).Reported Earnings • Aug 16Full year 2023 earnings released: EPS: JP¥24.32 (vs JP¥70.96 in FY 2022)Full year 2023 results: EPS: JP¥24.32 (down from JP¥70.96 in FY 2022). Revenue: JP¥767.0m (up 5.5% from FY 2022). Net income: JP¥37.0m (down 63% from FY 2022). Profit margin: 4.8% (down from 14% in FY 2022).お知らせ • Aug 15Geolocation Technology, Inc., Annual General Meeting, Sep 28, 2023Geolocation Technology, Inc., Annual General Meeting, Sep 28, 2023.Upcoming Dividend • Jun 23Inaugural dividend of JP¥5.00 per shareEligible shareholders must have bought the stock before 29 June 2023. Payment date: 30 September 2023. This is the first dividend for Geolocation Technology since going public. The average dividend yield among industry peers is 1.6%.Valuation Update With 7 Day Price Move • Feb 20Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥1,035, the stock trades at a trailing P/E ratio of 18.2x. Average trailing P/E is 18x in the IT industry in Japan. Total loss to shareholders of 49% over the past year.Reported Earnings • Feb 16Second quarter 2023 earnings released: EPS: JP¥2.64 (vs JP¥36.66 in 2Q 2022)Second quarter 2023 results: EPS: JP¥2.64 (down from JP¥36.66 in 2Q 2022). Revenue: JP¥165.0m (down 5.7% from 2Q 2022). Net income: JP¥4.00m (down 85% from 2Q 2022). Profit margin: 2.4% (down from 15% in 2Q 2022). The decrease in margin was primarily driven by higher expenses.Reported Earnings • Nov 16First quarter 2023 earnings released: EPS: JP¥29.72 (vs JP¥66.25 in 1Q 2022)First quarter 2023 results: EPS: JP¥29.72. Revenue: JP¥214.0m (up 12% from 1Q 2022). Net income: JP¥45.0m (up 9.8% from 1Q 2022). Profit margin: 21% (in line with 1Q 2022).Board Change • Nov 16No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). CTO & Director Masayuki Tadano was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.Buying Opportunity • Aug 19Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 15%. The fair value is estimated to be JP¥2,301, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 30%.Reported Earnings • Aug 14Full year 2022 earnings released: EPS: JP¥70.96 (vs JP¥60.15 in FY 2021)Full year 2022 results: EPS: JP¥70.96 (up from JP¥60.15 in FY 2021). Revenue: JP¥727.0m (up 25% from FY 2021). Net income: JP¥99.0m (up 183% from FY 2021). Profit margin: 14% (up from 6.0% in FY 2021). The increase in margin was driven by higher revenue.Buying Opportunity • Jun 28Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 8.8%. The fair value is estimated to be JP¥2,353, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 38%.Board Change • Apr 27No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). CTO & Director Masayuki Tadano was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.Buying Opportunity • Mar 03Now 20% undervaluedOver the last 90 days, the stock is up 23%. The fair value is estimated to be JP¥2,250, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 33% over the last year. Earnings per share has grown by 202% over the last year.Reported Earnings • Feb 10Second quarter 2022 earnings: Revenues and EPS in line with analyst expectationsSecond quarter 2022 results: EPS: JP¥36.66 (up from JP¥30.20 loss in 2Q 2021). Revenue: JP¥175.0m (up 35% from 2Q 2021). Net income: JP¥26.0m (up JP¥44.0m from 2Q 2021). Profit margin: 15% (up from net loss in 2Q 2021). Revenue was in line with analyst estimates.Valuation Update With 7 Day Price Move • Jan 28Investor sentiment improved over the past weekAfter last week's 17% share price gain to JP¥2,089, the stock trades at a trailing P/E ratio of 41.6x. Average forward P/E is 19x in the IT industry in Japan.Valuation Update With 7 Day Price Move • Jan 04Investor sentiment improved over the past weekAfter last week's 17% share price gain to JP¥1,780, the stock trades at a trailing P/E ratio of 35.4x. Average forward P/E is 23x in the IT industry in Japan.Reported Earnings • Oct 05Full year 2021 earnings released: EPS JP¥60.15 (vs JP¥38.19 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥583.0m (up 23% from FY 2020). Net income: JP¥35.0m (up 59% from FY 2020). Profit margin: 6.0% (up from 4.6% in FY 2020). The increase in margin was driven by higher revenue.収支内訳Geolocation Technology の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史FKSE:4018 収益、費用、利益 ( )JPY Millions日付収益収益G+A経費研究開発費31 Dec 25705-174281430 Sep 25702104011430 Jun 25686183841431 Mar 2568244370031 Dec 2468827368030 Sep 2470033358030 Jun 2471637362031 Mar 24720-20374331 Dec 2375114376330 Sep 237334378330 Jun 2376737374331 Mar 2374470380231 Dec 2273981365230 Sep 22749103355230 Jun 2272799339231 Mar 2271087348131 Dec 2170693341130 Sep 2165372336130 Jun 2158335335130 Jun 2047522282030 Jun 19459213070質の高い収益: 4018は現在利益が出ていません。利益率の向上: 4018は現在利益が出ていません。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: 4018は利益が出ておらず、過去 5 年間で損失は年間40.2%の割合で増加しています。成長の加速: 4018の過去 1 年間の収益成長を 5 年間の平均と比較することはできません。現在は利益が出ていないためです。収益対業界: 4018は利益が出ていないため、過去 1 年間の収益成長をIT業界 ( 15.7% ) と比較することは困難です。株主資本利益率高いROE: 4018は現在利益が出ていないため、自己資本利益率 ( -3.01% ) はマイナスです。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YSoftware 、過去の業績が好調な企業。View Financial Health企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/06 08:33終値2026/05/01 00:00収益2025/12/31年間収益2025/06/30データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Geolocation Technology, Inc. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。1 アナリスト機関Nobuyuki TakagiThe Stock Research Center
Reported Earnings • Oct 03Full year 2024 earnings released: EPS: JP¥23.86 (vs JP¥24.32 in FY 2023)Full year 2024 results: EPS: JP¥23.86 (down from JP¥24.32 in FY 2023). Revenue: JP¥716.0m (down 6.6% from FY 2023). Net income: JP¥37.0m (flat on FY 2023). Profit margin: 5.2% (up from 4.8% in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance.
Reported Earnings • Aug 19Full year 2024 earnings released: EPS: JP¥23.86 (vs JP¥24.32 in FY 2023)Full year 2024 results: EPS: JP¥23.86 (down from JP¥24.32 in FY 2023). Revenue: JP¥716.0m (down 6.6% from FY 2023). Net income: JP¥37.0m (flat on FY 2023). Profit margin: 5.2% (up from 4.8% in FY 2023).
Reported Earnings • Feb 17Second quarter 2024 earnings released: EPS: JP¥9.04 (vs JP¥2.64 in 2Q 2023)Second quarter 2024 results: EPS: JP¥9.04 (up from JP¥2.64 in 2Q 2023). Revenue: JP¥183.0m (up 11% from 2Q 2023). Net income: JP¥14.0m (up 250% from 2Q 2023). Profit margin: 7.7% (up from 2.4% in 2Q 2023).
Reported Earnings • Nov 20First quarter 2024 earnings released: EPS: JP¥7.75 (vs JP¥29.72 in 1Q 2023)First quarter 2024 results: EPS: JP¥7.75 (down from JP¥29.72 in 1Q 2023). Revenue: JP¥180.0m (down 16% from 1Q 2023). Net income: JP¥12.0m (down 73% from 1Q 2023). Profit margin: 6.7% (down from 21% in 1Q 2023).
Reported Earnings • Aug 16Full year 2023 earnings released: EPS: JP¥24.32 (vs JP¥70.96 in FY 2022)Full year 2023 results: EPS: JP¥24.32 (down from JP¥70.96 in FY 2022). Revenue: JP¥767.0m (up 5.5% from FY 2022). Net income: JP¥37.0m (down 63% from FY 2022). Profit margin: 4.8% (down from 14% in FY 2022).
Reported Earnings • Feb 16Second quarter 2023 earnings released: EPS: JP¥2.64 (vs JP¥36.66 in 2Q 2022)Second quarter 2023 results: EPS: JP¥2.64 (down from JP¥36.66 in 2Q 2022). Revenue: JP¥165.0m (down 5.7% from 2Q 2022). Net income: JP¥4.00m (down 85% from 2Q 2022). Profit margin: 2.4% (down from 15% in 2Q 2022). The decrease in margin was primarily driven by higher expenses.
お知らせ • Sep 12Geolocation Technology, Inc., Annual General Meeting, Sep 25, 2025Geolocation Technology, Inc., Annual General Meeting, Sep 25, 2025, at 10:00 Tokyo Standard Time. Location: 14-31 honmachi, shizuoka prefecture, mishima plaza hotel, 7th floor, maria sole, mishima Japan
Board Change • May 01Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Outside Director Kenji Furukawa was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Oct 03Full year 2024 earnings released: EPS: JP¥23.86 (vs JP¥24.32 in FY 2023)Full year 2024 results: EPS: JP¥23.86 (down from JP¥24.32 in FY 2023). Revenue: JP¥716.0m (down 6.6% from FY 2023). Net income: JP¥37.0m (flat on FY 2023). Profit margin: 5.2% (up from 4.8% in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance.
Reported Earnings • Aug 19Full year 2024 earnings released: EPS: JP¥23.86 (vs JP¥24.32 in FY 2023)Full year 2024 results: EPS: JP¥23.86 (down from JP¥24.32 in FY 2023). Revenue: JP¥716.0m (down 6.6% from FY 2023). Net income: JP¥37.0m (flat on FY 2023). Profit margin: 5.2% (up from 4.8% in FY 2023).
Buy Or Sell Opportunity • Aug 07Now 35% overvalued after recent price riseOver the last 90 days, the stock has risen 37% to JP¥950. The fair value is estimated to be JP¥706, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.7% over the last 3 years. Meanwhile, the company became loss making.
New Risk • Jun 28New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: JP¥1.55b (US$9.61m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 7.1% per year over the past 5 years. Market cap is less than US$10m (JP¥1.55b market cap, or US$9.61m). Minor Risk Revenue is less than US$5m (JP¥720m revenue, or US$4.5m).
Upcoming Dividend • Jun 20Upcoming dividend of JP¥10.00 per shareEligible shareholders must have bought the stock before 27 June 2024. Payment date: 30 September 2024. The average dividend yield among industry peers is 1.6%.
New Risk • May 22New major risk - Revenue and earnings growthEarnings have declined by 7.1% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.3% average weekly change). Earnings have declined by 7.1% per year over the past 5 years. Market cap is less than US$10m (JP¥1.56b market cap, or US$9.99m). Minor Risk Revenue is less than US$5m (JP¥720m revenue, or US$4.6m).
Reported Earnings • Feb 17Second quarter 2024 earnings released: EPS: JP¥9.04 (vs JP¥2.64 in 2Q 2023)Second quarter 2024 results: EPS: JP¥9.04 (up from JP¥2.64 in 2Q 2023). Revenue: JP¥183.0m (up 11% from 2Q 2023). Net income: JP¥14.0m (up 250% from 2Q 2023). Profit margin: 7.7% (up from 2.4% in 2Q 2023).
Reported Earnings • Nov 20First quarter 2024 earnings released: EPS: JP¥7.75 (vs JP¥29.72 in 1Q 2023)First quarter 2024 results: EPS: JP¥7.75 (down from JP¥29.72 in 1Q 2023). Revenue: JP¥180.0m (down 16% from 1Q 2023). Net income: JP¥12.0m (down 73% from 1Q 2023). Profit margin: 6.7% (down from 21% in 1Q 2023).
Valuation Update With 7 Day Price Move • Sep 26Investor sentiment improves as stock rises 15%After last week's 15% share price gain to JP¥904, the stock trades at a trailing P/E ratio of 34.8x. Average trailing P/E is 19x in the IT industry in Japan. Total loss to shareholders of 46% over the past year.
New Risk • Aug 23New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (JP¥1.17b market cap, or US$8.02m). Minor Risks Share price has been volatile over the past 3 months (5.8% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.8% net profit margin).
New Risk • Aug 17New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 37% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (JP¥1.12b market cap, or US$7.71m). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.8% net profit margin).
Reported Earnings • Aug 16Full year 2023 earnings released: EPS: JP¥24.32 (vs JP¥70.96 in FY 2022)Full year 2023 results: EPS: JP¥24.32 (down from JP¥70.96 in FY 2022). Revenue: JP¥767.0m (up 5.5% from FY 2022). Net income: JP¥37.0m (down 63% from FY 2022). Profit margin: 4.8% (down from 14% in FY 2022).
お知らせ • Aug 15Geolocation Technology, Inc., Annual General Meeting, Sep 28, 2023Geolocation Technology, Inc., Annual General Meeting, Sep 28, 2023.
Upcoming Dividend • Jun 23Inaugural dividend of JP¥5.00 per shareEligible shareholders must have bought the stock before 29 June 2023. Payment date: 30 September 2023. This is the first dividend for Geolocation Technology since going public. The average dividend yield among industry peers is 1.6%.
Valuation Update With 7 Day Price Move • Feb 20Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥1,035, the stock trades at a trailing P/E ratio of 18.2x. Average trailing P/E is 18x in the IT industry in Japan. Total loss to shareholders of 49% over the past year.
Reported Earnings • Feb 16Second quarter 2023 earnings released: EPS: JP¥2.64 (vs JP¥36.66 in 2Q 2022)Second quarter 2023 results: EPS: JP¥2.64 (down from JP¥36.66 in 2Q 2022). Revenue: JP¥165.0m (down 5.7% from 2Q 2022). Net income: JP¥4.00m (down 85% from 2Q 2022). Profit margin: 2.4% (down from 15% in 2Q 2022). The decrease in margin was primarily driven by higher expenses.
Reported Earnings • Nov 16First quarter 2023 earnings released: EPS: JP¥29.72 (vs JP¥66.25 in 1Q 2022)First quarter 2023 results: EPS: JP¥29.72. Revenue: JP¥214.0m (up 12% from 1Q 2022). Net income: JP¥45.0m (up 9.8% from 1Q 2022). Profit margin: 21% (in line with 1Q 2022).
Board Change • Nov 16No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). CTO & Director Masayuki Tadano was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
Buying Opportunity • Aug 19Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 15%. The fair value is estimated to be JP¥2,301, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 30%.
Reported Earnings • Aug 14Full year 2022 earnings released: EPS: JP¥70.96 (vs JP¥60.15 in FY 2021)Full year 2022 results: EPS: JP¥70.96 (up from JP¥60.15 in FY 2021). Revenue: JP¥727.0m (up 25% from FY 2021). Net income: JP¥99.0m (up 183% from FY 2021). Profit margin: 14% (up from 6.0% in FY 2021). The increase in margin was driven by higher revenue.
Buying Opportunity • Jun 28Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 8.8%. The fair value is estimated to be JP¥2,353, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 38%.
Board Change • Apr 27No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). CTO & Director Masayuki Tadano was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
Buying Opportunity • Mar 03Now 20% undervaluedOver the last 90 days, the stock is up 23%. The fair value is estimated to be JP¥2,250, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 33% over the last year. Earnings per share has grown by 202% over the last year.
Reported Earnings • Feb 10Second quarter 2022 earnings: Revenues and EPS in line with analyst expectationsSecond quarter 2022 results: EPS: JP¥36.66 (up from JP¥30.20 loss in 2Q 2021). Revenue: JP¥175.0m (up 35% from 2Q 2021). Net income: JP¥26.0m (up JP¥44.0m from 2Q 2021). Profit margin: 15% (up from net loss in 2Q 2021). Revenue was in line with analyst estimates.
Valuation Update With 7 Day Price Move • Jan 28Investor sentiment improved over the past weekAfter last week's 17% share price gain to JP¥2,089, the stock trades at a trailing P/E ratio of 41.6x. Average forward P/E is 19x in the IT industry in Japan.
Valuation Update With 7 Day Price Move • Jan 04Investor sentiment improved over the past weekAfter last week's 17% share price gain to JP¥1,780, the stock trades at a trailing P/E ratio of 35.4x. Average forward P/E is 23x in the IT industry in Japan.
Reported Earnings • Oct 05Full year 2021 earnings released: EPS JP¥60.15 (vs JP¥38.19 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥583.0m (up 23% from FY 2020). Net income: JP¥35.0m (up 59% from FY 2020). Profit margin: 6.0% (up from 4.6% in FY 2020). The increase in margin was driven by higher revenue.