View Future GrowthAdways 과거 순이익 실적과거 기준 점검 2/6Adways의 수입은 연평균 -41.8%의 비율로 감소해 온 반면, Media 산업은 수입이 연평균 6% 증가했습니다. 매출은 연평균 31.4%의 비율로 감소해 왔습니다. Adways의 자기자본이익률은 3.4%이고 순이익률은 3.7%입니다.핵심 정보-41.80%순이익 성장률-41.24%주당순이익(EPS) 성장률Media 산업 성장률-2.36%매출 성장률-31.39%자기자본이익률3.39%순이익률3.65%최근 순이익 업데이트31 Mar 2026최근 과거 실적 업데이트공시 • May 07Adways Inc. to Report Q1, 2026 Results on May 07, 2026Adways Inc. announced that they will report Q1, 2026 results on May 07, 2026공시 • Dec 24Adways Inc. to Report Fiscal Year 2025 Results on Feb 10, 2026Adways Inc. announced that they will report fiscal year 2025 results on Feb 10, 2026공시 • Sep 21Adways Inc. to Report Q3, 2025 Results on Nov 06, 2025Adways Inc. announced that they will report Q3, 2025 results on Nov 06, 2025공시 • Jun 17Adways Inc. to Report Q2, 2025 Results on Aug 06, 2025Adways Inc. announced that they will report Q2, 2025 results on Aug 06, 2025공시 • Mar 19Adways Inc. to Report Q1, 2025 Results on May 08, 2025Adways Inc. announced that they will report Q1, 2025 results on May 08, 2025공시 • Dec 18Adways Inc. to Report Fiscal Year 2024 Results on Feb 10, 2025Adways Inc. announced that they will report fiscal year 2024 results on Feb 10, 2025모든 업데이트 보기Recent updates공시 • May 07Adways Inc. to Report Q1, 2026 Results on May 07, 2026Adways Inc. announced that they will report Q1, 2026 results on May 07, 2026공시 • Feb 10Adways Inc., Annual General Meeting, Mar 25, 2026Adways Inc., Annual General Meeting, Mar 25, 2026.공시 • Dec 24Adways Inc. to Report Fiscal Year 2025 Results on Feb 10, 2026Adways Inc. announced that they will report fiscal year 2025 results on Feb 10, 2026공시 • Sep 21Adways Inc. to Report Q3, 2025 Results on Nov 06, 2025Adways Inc. announced that they will report Q3, 2025 results on Nov 06, 2025공시 • Jun 30Adways Inc. Appoints Daisuke Naka as Executive Officer, Agency Business, Effective July 1, 2025Adways Inc. hereby announces the following appointment of a new Executive Officer. Name: Daisuke Naka; Current Position: Senior General Manager, Advertising Business Group; New Position: Executive Officer, Agency Business. (Effective July 1, 2025).공시 • Jun 17Adways Inc. to Report Q2, 2025 Results on Aug 06, 2025Adways Inc. announced that they will report Q2, 2025 results on Aug 06, 2025공시 • Mar 19Adways Inc. to Report Q1, 2025 Results on May 08, 2025Adways Inc. announced that they will report Q1, 2025 results on May 08, 2025공시 • Feb 10Adways Inc., Annual General Meeting, Mar 26, 2025Adways Inc., Annual General Meeting, Mar 26, 2025.공시 • Dec 18Adways Inc. to Report Fiscal Year 2024 Results on Feb 10, 2025Adways Inc. announced that they will report fiscal year 2024 results on Feb 10, 2025Reported Earnings • Nov 02Third quarter 2024 earnings released: EPS: JP¥0.82 (vs JP¥0.54 loss in 3Q 2023)Third quarter 2024 results: EPS: JP¥0.82 (up from JP¥0.54 loss in 3Q 2023). Revenue: JP¥3.05b (down 7.0% from 3Q 2023). Net income: JP¥32.0m (up JP¥53.0m from 3Q 2023). Profit margin: 1.0% (up from net loss in 3Q 2023). Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Media industry in Germany. Over the last 3 years on average, earnings per share has fallen by 29% per year whereas the company’s share price has fallen by 32% per year.New Risk • Oct 01New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.0% 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: Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.5% net profit margin). Shareholders have been diluted in the past year (6.5% increase in shares outstanding). Market cap is less than US$100m (€82.2m market cap, or US$91.1m).공시 • Sep 19Adways Inc. to Report Q3, 2024 Results on Oct 31, 2024Adways Inc. announced that they will report Q3, 2024 results on Oct 31, 2024Valuation Update With 7 Day Price Move • Aug 07Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €1.91, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 12x in the Media industry in Germany. Total loss to shareholders of 61% over the past three years.Reported Earnings • Aug 02Second quarter 2024 earnings released: JP¥3.38 loss per share (vs JP¥1.95 profit in 2Q 2023)Second quarter 2024 results: JP¥3.38 loss per share (down from JP¥1.95 profit in 2Q 2023). Revenue: JP¥3.10b (down 8.6% from 2Q 2023). Net loss: JP¥132.0m (down 283% from profit in 2Q 2023). Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Media industry in Germany. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has fallen by 26% per year, which means it is performing significantly worse than earnings.공시 • Jun 19Adways Inc. to Report Q2, 2024 Results on Jul 31, 2024Adways Inc. announced that they will report Q2, 2024 results on Jul 31, 2024Reported Earnings • May 01First quarter 2024 earnings released: EPS: JP¥7.93 (vs JP¥15.83 in 1Q 2023)First quarter 2024 results: EPS: JP¥7.93 (down from JP¥15.83 in 1Q 2023). Revenue: JP¥3.30b (down 4.5% from 1Q 2023). Net income: JP¥310.0m (down 50% from 1Q 2023). Profit margin: 9.4% (down from 18% in 1Q 2023). Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Media industry in Germany. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings.New Risk • Apr 03New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.4% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (26% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (7.1% net profit margin). Shareholders have been diluted in the past year (3.4% increase in shares outstanding).공시 • Mar 20Adways Inc. to Report Q1, 2024 Results on Apr 30, 2024Adways Inc. announced that they will report Q1, 2024 results on Apr 30, 2024New Risk • Feb 14New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 26% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (26% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (7.1% net profit margin).공시 • Feb 11Adways Inc., Annual General Meeting, Mar 26, 2024Adways Inc., Annual General Meeting, Mar 26, 2024.Reported Earnings • Feb 11Full year 2023 earnings released: EPS: JP¥25.07 (vs JP¥63.46 in FY 2022)Full year 2023 results: EPS: JP¥25.07 (down from JP¥63.46 in FY 2022). Revenue: JP¥13.5b (flat on FY 2022). Net income: JP¥966.0m (down 62% from FY 2022). Profit margin: 7.1% (down from 19% in FY 2022). Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Media industry in Germany. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings.Upcoming Dividend • Dec 21Upcoming dividend of JP¥4.50 per share at 1.5% yieldEligible shareholders must have bought the stock before 28 December 2023. Payment date: 25 March 2024. Payout ratio is a comfortable 30% but the company is not cash flow positive. Trailing yield: 1.5%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (5.2%).공시 • Dec 20Adways Inc. to Report Fiscal Year 2023 Results on Feb 09, 2024Adways Inc. announced that they will report fiscal year 2023 results on Feb 09, 2024Reported Earnings • Nov 01Third quarter 2023 earnings released: JP¥0.54 loss per share (vs JP¥28.46 profit in 3Q 2022)Third quarter 2023 results: JP¥0.54 loss per share (down from JP¥28.46 profit in 3Q 2022). Revenue: JP¥3.28b (down 5.5% from 3Q 2022). Net loss: JP¥21.0m (down 102% from profit in 3Q 2022). Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Media industry in Germany. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.공시 • Sep 21Adways Inc. to Report Q3, 2023 Results on Oct 31, 2023Adways Inc. announced that they will report Q3, 2023 results on Oct 31, 2023New Risk • Aug 09New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 104% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. This is currently the only risk that has been identified for the company.Reported Earnings • Aug 04Second quarter 2023 earnings releasedSecond quarter 2023 results: EPS: JP¥1.95. Net income: JP¥72.0m (up JP¥72.0m from 2Q 2022). Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Media industry in Germany. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.공시 • Jun 18Adways Inc. to Report Q2, 2023 Results on Aug 03, 2023Adways Inc. announced that they will report Q2, 2023 results on Aug 03, 2023Reported Earnings • May 04First quarter 2023 earnings releasedFirst quarter 2023 results: EPS: JP¥15.83. Net income: JP¥618.0m (up JP¥618.0m from 1Q 2022). Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Media industry in Germany. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth.Reported Earnings • Mar 28Full year 2022 earnings released: EPS: JP¥63.46 (vs JP¥39.42 in FY 2021)Full year 2022 results: EPS: JP¥63.46 (up from JP¥39.42 in FY 2021). Revenue: JP¥13.4b (down 47% from FY 2021). Net income: JP¥2.54b (up 64% from FY 2021). Profit margin: 19% (up from 6.1% in FY 2021). Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Media industry in Germany. Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth.공시 • Feb 17Adways Inc. (TSE:2489) announces an Equity Buyback for 5,700,000 shares, representing 13.57% for ¥2,000 million.Adways Inc. (TSE:2489) announces a share repurchase program. Under the program, the company will repurchase up to 5,700,000 shares, representing 13.57% of its issued share capital (excluding treasury stock), for ¥2,000 million. The purpose of the program is to return profits to shareholders and implement a flexible capital policy that responds to changes in the business environment. The program will run until July 31, 2023. As of February 16, 2023, the company had 42,003,700 shares in issue (excluding treasury stock) and 2,394,980 shares in treasury.Valuation Update With 7 Day Price Move • Feb 17Investor sentiment improves as stock rises 19%After last week's 19% share price gain to €4.22, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 12x in the Media industry in Europe. Total returns to shareholders of 56% over the past three years.공시 • Feb 12Adways Inc., Annual General Meeting, Mar 23, 2023Adways Inc., Annual General Meeting, Mar 23, 2023.Reported Earnings • Feb 12Full year 2022 earnings released: EPS: JP¥63.46 (vs JP¥39.42 in FY 2021)Full year 2022 results: EPS: JP¥63.46 (up from JP¥39.42 in FY 2021). Revenue: JP¥13.4b (down 47% from FY 2021). Net income: JP¥2.54b (up 64% from FY 2021). Profit margin: 19% (up from 6.1% in FY 2021). Revenue is forecast to grow 8.7% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Media industry in Germany. Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Dec 22Upcoming dividend of JP¥7.46 per shareEligible shareholders must have bought the stock before 29 December 2022. Payment date: 25 March 2023. Trailing yield: 1.5%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (8.5%).공시 • Dec 21Adways Inc. to Report Fiscal Year 2022 Results on Feb 10, 2023Adways Inc. announced that they will report fiscal year 2022 results on Feb 10, 2023Board Change • Nov 16Less 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. 6 non-independent directors. Independent External Director Shota Umemoto 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.공시 • Sep 17Adways Inc. to Report Q3, 2022 Results on Nov 02, 2022Adways Inc. announced that they will report Q3, 2022 results on Nov 02, 2022Valuation Update With 7 Day Price Move • Aug 10Investor sentiment improved over the past weekAfter last week's 25% share price gain to €5.25, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 10x in the Media industry in Germany. Total returns to shareholders of 126% over the past three years.공시 • Jun 19Adways Inc. to Report Q2, 2022 Results on Aug 03, 2022Adways Inc. announced that they will report Q2, 2022 results on Aug 03, 2022Board Change • Apr 27No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 7 non-independent directors. External Director Shota Umemoto was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.공시 • Apr 07Adways Inc. to Report Q1, 2022 Results on May 02, 2022Adways Inc. announced that they will report Q1, 2022 results on May 02, 2022공시 • Feb 12Adways Inc., Annual General Meeting, Mar 24, 2022Adways Inc., Annual General Meeting, Mar 24, 2022.Reported Earnings • Feb 11Third quarter 2022 earnings: EPS in line with expectations, revenues disappointThird quarter 2022 results: EPS: JP¥8.22 (up from JP¥7.60 in 3Q 2021). Revenue: JP¥3.93b (down 67% from 3Q 2021). Net income: JP¥326.0m (up 3.2% from 3Q 2021). Profit margin: 8.3% (up from 2.6% in 3Q 2021). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 100%. Over the next year, revenue is expected to shrink by 42% compared to a 7.9% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Dec 22Upcoming dividend of JP¥5.21 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 25 June 2022. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of German dividend payers (3.3%). Lower than average of industry peers (4.3%).Valuation Update With 7 Day Price Move • Dec 09Investor sentiment improved over the past weekAfter last week's 17% share price gain to €7.20, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 16x in the Media industry in Germany. Total returns to shareholders of 115% over the past three years.공시 • Dec 02Adways Inc. (TSE:2489) announces an Equity Buyback for 6,000,000 shares, representing 14.29% for ¥3,000 million.Adways Inc. (TSE:2489) announces a share repurchase program. Under the program, the company will repurchase 6,000,000 shares, representing 14.29% of its share capital, for ¥3,000 million. The company will repurchase its shares in order to carry out agile capital policy in response to changes in the business environment and shareholder returns. The program will run until May 9, 2022. As of December 1, 2021, the company had 42,000,700 shares outstanding (excluding treasury shares) and 0 shares in treasury.공시 • Nov 30Adways Inc. announced that it has received ¥284.817 million in funding from Hakuhodo DY Holdings IncOn November 29, 2021, Adways Inc. closed the transaction.Reported Earnings • Nov 05Second quarter 2022 earnings released: EPS JP¥11.84 (vs JP¥9.93 in 2Q 2021)The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2022 results: Revenue: JP¥3.01b (down 74% from 2Q 2021). Net income: JP¥454.0m (up 9.9% from 2Q 2021). Profit margin: 15% (up from 3.6% in 2Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Sep 12Investor sentiment improved over the past weekAfter last week's 32% share price gain to €6.65, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 17x in the Media industry in Germany. Total returns to shareholders of 9.1% over the past three years.Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to JP¥4.94, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 23x in the Media industry in Germany. Total returns to shareholders of 14% over the past three years.Reported Earnings • May 15Full year 2021 earnings released: EPS JP¥34.45 (vs JP¥4.14 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥49.0b (up 31% from FY 2020). Net income: JP¥1.42b (up JP¥1.26b from FY 2020). Profit margin: 2.9% (up from 0.4% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • May 13Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to JP¥5.45, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 21x in the Media industry in Germany. Total returns to shareholders of 50% over the past three years.Upcoming Dividend • Mar 23Upcoming dividend of JP¥5.33 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 24 June 2021. Trailing yield: 0.4%. Lower than top quartile of German dividend payers (3.3%). Lower than average of industry peers (3.7%).Is New 90 Day High Low • Feb 20New 90-day high: €7.25The company is up 85% from its price of €3.92 on 20 November 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Media industry, which is up 19% over the same period.Valuation Update With 7 Day Price Move • Feb 20Investor sentiment improved over the past weekAfter last week's 41% share price gain to JP¥7.25, the stock is trading at a trailing P/E ratio of 32.4x, up from the previous P/E ratio of 23x. This compares to an average P/E of 27x in the Media industry in Germany. Total returns to shareholders over the past three years are 100%.Reported Earnings • Feb 12Third quarter 2021 earnings released: EPS JP¥7.60 (vs JP¥2.10 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥12.0b (up 31% from 3Q 2020). Net income: JP¥316.0m (up 281% from 3Q 2020). Profit margin: 2.6% (up from 0.9% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.Is New 90 Day High Low • Jan 09New 90-day high: €5.30The company is up 49% from its price of €3.56 on 09 October 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Media industry, which is up 14% over the same period.공시 • Dec 16Adways Inc. to Report Q3, 2021 Results on Feb 04, 2021Adways Inc. announced that they will report Q3, 2021 results on Feb 04, 2021Is New 90 Day High Low • Dec 05New 90-day high: €5.10The company is up 78% from its price of €2.86 on 04 September 2020. The German market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Media industry, which is up 25% over the same period.Valuation Update With 7 Day Price Move • Dec 02Market bids up stock over the past weekAfter last week's 29% share price gain to JP¥4.96, the stock is trading at a trailing P/E ratio of 26.3x, up from the previous P/E ratio of 20.4x. This compares to an average P/E of 25x in the Media industry in Germany. Total returns to shareholders over the past three years are 11%.Valuation Update With 7 Day Price Move • Dec 01Market bids up stock over the past weekAfter last week's 15% share price gain to JP¥4.52, the stock is trading at a trailing P/E ratio of 22.2x, up from the previous P/E ratio of 19.3x. This compares to an average P/E of 24x in the Media industry in Germany. Total return to shareholders over the past three years is a loss of 2.2%.Valuation Update With 7 Day Price Move • Nov 17Market pulls back on stock over the past weekAfter last week's 16% share price decline to JP¥3.70, the stock is trading at a trailing P/E ratio of 18.7x, down from the previous P/E ratio of 22.1x. This compares to an average P/E of 21x in the Media industry in Germany. Total return to shareholders over the past three years is a loss of 9.1%.Is New 90 Day High Low • Nov 10New 90-day high: €4.34The company is up 43% from its price of €3.04 on 11 August 2020. The German market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Media industry, which is up 10.0% over the same period.Reported Earnings • Nov 10Second quarter 2021 earnings released: EPS JP¥9.93The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥11.5b (up 28% from 2Q 2020). Net income: JP¥413.0m (up JP¥374.0m from 2Q 2020). Profit margin: 3.6% (up from 0.4% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Nov 07Market bids up stock over the past weekAfter last week's 15% share price gain to JP¥3.76, the stock is trading at a trailing P/E ratio of 31.2x, up from the previous P/E ratio of 27x. This compares to an average P/E of 21x in the Media industry in Germany. Total return to shareholders over the past three years is a loss of 8.8%.Is New 90 Day High Low • Oct 13New 90-day high: €3.84The company is up 31% from its price of €2.94 on 15 July 2020. The German market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Media industry, which is up 14% over the same period.공시 • Sep 23Adways Inc. to Report Q2, 2021 Results on Nov 06, 2020Adways Inc. announced that they will report Q2, 2021 results on Nov 06, 2020공시 • Jul 31GN Consulting Co., Ltd cancelled acquisition of 99.23% stake in Adways Innovations India Private Limited from Adways Inc. (TSE:2489).GN Consulting Co., Ltd concluded a contract to acquire 99.23% stake in Adways Innovations India Private Limited from Adways Inc. (TSE:2489) for ¥1 on April 1, 2019. Under the terms, GN Consulting will acquire 19.35 million shares of Adways Innovations India. Post-acquisition, Adways Innovations India will become a subsidiary of GN Consulting. The transaction has been resolved by the Board of Directors of Adways, Inc at the meeting held on April 1, 2019. The transaction is expected to be completed by April 1, 2019. GN Consulting Co., Ltd cancelled acquisition of 99.23% stake in Adways Innovations India Private Limited from Adways Inc. (TSE:2489) on April 1, 2020.공시 • Jun 17Adways Inc. to Report Q1, 2021 Results on Jul 31, 2020Adways Inc. announced that they will report Q1, 2021 results on Jul 31, 2020매출 및 비용 세부 내역Adways가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이DB:A02 매출, 비용 및 순이익 (JPY Millions)날짜매출순이익일반관리비연구개발비31 Mar 2612,3644529,673031 Dec 2512,2192529,800030 Sep 2512,112-5869,854030 Jun 2512,197-7279,880031 Mar 2512,522-58310,052031 Dec 2412,684-47310,184030 Sep 2412,8455079,980030 Jun 2413,07445410,189031 Mar 2413,36765810,185031 Dec 2313,52496610,029030 Sep 2313,5891,79610,143030 Jun 2313,5272,2719,855031 Mar 2313,3522,6539,832031 Dec 2213,4152,5369,623031 Dec 2125,2631,5448,696030 Sep 2133,2921,5347,690030 Jun 2141,7711,4937,396031 Mar 2149,0201,4227,140031 Dec 2043,6091,2156,758030 Sep 2040,7739826,538030 Jun 2038,2816086,352031 Mar 2037,3041646,301031 Dec 1936,4802026,037030 Sep 1937,3922495,972030 Jun 1939,4402796,110031 Mar 1941,8577386,252031 Dec 1843,6956166,644030 Sep 1842,7282746,889030 Jun 1842,2502566,946031 Mar 1841,50196,926031 Dec 1742,046-4147,152030 Sep 1743,268-1977,042030 Jun 1742,569-3406,978031 Mar 1742,329-4507,058031 Dec 1641,365-3586,754030 Sep 1640,310-3926,767030 Jun 1640,585-1406,671031 Mar 1639,6131456,499031 Dec 1538,7154256,471030 Sep 1537,9895826,310030 Jun 1536,5417136,0820양질의 수익: A02는 고품질 수익을 보유하고 있습니다.이익 마진 증가: A02는 과거에 흑자전환했습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: A02의 수익은 지난 5년 동안 연평균 41.8% 감소했습니다.성장 가속화: A02는 지난해 흑자전환하여 5년 평균과 수익 성장률을 비교하기 어렵습니다.수익 대 산업: A02는 지난해 흑자전환하여 지난 해 수익 성장률을 Media 업계(-11.7%)와 비교하기 어렵습니다.자기자본이익률높은 ROE: A02의 자본 수익률(3.4%)은 낮음으로 평가됩니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YMedia 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/20 17:07종가2026/05/20 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Adways Inc.는 3명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Hiroshi NayaIchiyoshi Research Institute Inc.Yoko MizoguchiIchiyoshi Research Institute Inc.MAYA TANAKAOkasan Securities Co. Ltd.
공시 • May 07Adways Inc. to Report Q1, 2026 Results on May 07, 2026Adways Inc. announced that they will report Q1, 2026 results on May 07, 2026
공시 • Dec 24Adways Inc. to Report Fiscal Year 2025 Results on Feb 10, 2026Adways Inc. announced that they will report fiscal year 2025 results on Feb 10, 2026
공시 • Sep 21Adways Inc. to Report Q3, 2025 Results on Nov 06, 2025Adways Inc. announced that they will report Q3, 2025 results on Nov 06, 2025
공시 • Jun 17Adways Inc. to Report Q2, 2025 Results on Aug 06, 2025Adways Inc. announced that they will report Q2, 2025 results on Aug 06, 2025
공시 • Mar 19Adways Inc. to Report Q1, 2025 Results on May 08, 2025Adways Inc. announced that they will report Q1, 2025 results on May 08, 2025
공시 • Dec 18Adways Inc. to Report Fiscal Year 2024 Results on Feb 10, 2025Adways Inc. announced that they will report fiscal year 2024 results on Feb 10, 2025
공시 • May 07Adways Inc. to Report Q1, 2026 Results on May 07, 2026Adways Inc. announced that they will report Q1, 2026 results on May 07, 2026
공시 • Feb 10Adways Inc., Annual General Meeting, Mar 25, 2026Adways Inc., Annual General Meeting, Mar 25, 2026.
공시 • Dec 24Adways Inc. to Report Fiscal Year 2025 Results on Feb 10, 2026Adways Inc. announced that they will report fiscal year 2025 results on Feb 10, 2026
공시 • Sep 21Adways Inc. to Report Q3, 2025 Results on Nov 06, 2025Adways Inc. announced that they will report Q3, 2025 results on Nov 06, 2025
공시 • Jun 30Adways Inc. Appoints Daisuke Naka as Executive Officer, Agency Business, Effective July 1, 2025Adways Inc. hereby announces the following appointment of a new Executive Officer. Name: Daisuke Naka; Current Position: Senior General Manager, Advertising Business Group; New Position: Executive Officer, Agency Business. (Effective July 1, 2025).
공시 • Jun 17Adways Inc. to Report Q2, 2025 Results on Aug 06, 2025Adways Inc. announced that they will report Q2, 2025 results on Aug 06, 2025
공시 • Mar 19Adways Inc. to Report Q1, 2025 Results on May 08, 2025Adways Inc. announced that they will report Q1, 2025 results on May 08, 2025
공시 • Feb 10Adways Inc., Annual General Meeting, Mar 26, 2025Adways Inc., Annual General Meeting, Mar 26, 2025.
공시 • Dec 18Adways Inc. to Report Fiscal Year 2024 Results on Feb 10, 2025Adways Inc. announced that they will report fiscal year 2024 results on Feb 10, 2025
Reported Earnings • Nov 02Third quarter 2024 earnings released: EPS: JP¥0.82 (vs JP¥0.54 loss in 3Q 2023)Third quarter 2024 results: EPS: JP¥0.82 (up from JP¥0.54 loss in 3Q 2023). Revenue: JP¥3.05b (down 7.0% from 3Q 2023). Net income: JP¥32.0m (up JP¥53.0m from 3Q 2023). Profit margin: 1.0% (up from net loss in 3Q 2023). Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Media industry in Germany. Over the last 3 years on average, earnings per share has fallen by 29% per year whereas the company’s share price has fallen by 32% per year.
New Risk • Oct 01New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.0% 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: Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.5% net profit margin). Shareholders have been diluted in the past year (6.5% increase in shares outstanding). Market cap is less than US$100m (€82.2m market cap, or US$91.1m).
공시 • Sep 19Adways Inc. to Report Q3, 2024 Results on Oct 31, 2024Adways Inc. announced that they will report Q3, 2024 results on Oct 31, 2024
Valuation Update With 7 Day Price Move • Aug 07Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €1.91, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 12x in the Media industry in Germany. Total loss to shareholders of 61% over the past three years.
Reported Earnings • Aug 02Second quarter 2024 earnings released: JP¥3.38 loss per share (vs JP¥1.95 profit in 2Q 2023)Second quarter 2024 results: JP¥3.38 loss per share (down from JP¥1.95 profit in 2Q 2023). Revenue: JP¥3.10b (down 8.6% from 2Q 2023). Net loss: JP¥132.0m (down 283% from profit in 2Q 2023). Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Media industry in Germany. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has fallen by 26% per year, which means it is performing significantly worse than earnings.
공시 • Jun 19Adways Inc. to Report Q2, 2024 Results on Jul 31, 2024Adways Inc. announced that they will report Q2, 2024 results on Jul 31, 2024
Reported Earnings • May 01First quarter 2024 earnings released: EPS: JP¥7.93 (vs JP¥15.83 in 1Q 2023)First quarter 2024 results: EPS: JP¥7.93 (down from JP¥15.83 in 1Q 2023). Revenue: JP¥3.30b (down 4.5% from 1Q 2023). Net income: JP¥310.0m (down 50% from 1Q 2023). Profit margin: 9.4% (down from 18% in 1Q 2023). Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Media industry in Germany. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings.
New Risk • Apr 03New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.4% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (26% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (7.1% net profit margin). Shareholders have been diluted in the past year (3.4% increase in shares outstanding).
공시 • Mar 20Adways Inc. to Report Q1, 2024 Results on Apr 30, 2024Adways Inc. announced that they will report Q1, 2024 results on Apr 30, 2024
New Risk • Feb 14New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 26% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (26% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (7.1% net profit margin).
공시 • Feb 11Adways Inc., Annual General Meeting, Mar 26, 2024Adways Inc., Annual General Meeting, Mar 26, 2024.
Reported Earnings • Feb 11Full year 2023 earnings released: EPS: JP¥25.07 (vs JP¥63.46 in FY 2022)Full year 2023 results: EPS: JP¥25.07 (down from JP¥63.46 in FY 2022). Revenue: JP¥13.5b (flat on FY 2022). Net income: JP¥966.0m (down 62% from FY 2022). Profit margin: 7.1% (down from 19% in FY 2022). Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Media industry in Germany. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Dec 21Upcoming dividend of JP¥4.50 per share at 1.5% yieldEligible shareholders must have bought the stock before 28 December 2023. Payment date: 25 March 2024. Payout ratio is a comfortable 30% but the company is not cash flow positive. Trailing yield: 1.5%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (5.2%).
공시 • Dec 20Adways Inc. to Report Fiscal Year 2023 Results on Feb 09, 2024Adways Inc. announced that they will report fiscal year 2023 results on Feb 09, 2024
Reported Earnings • Nov 01Third quarter 2023 earnings released: JP¥0.54 loss per share (vs JP¥28.46 profit in 3Q 2022)Third quarter 2023 results: JP¥0.54 loss per share (down from JP¥28.46 profit in 3Q 2022). Revenue: JP¥3.28b (down 5.5% from 3Q 2022). Net loss: JP¥21.0m (down 102% from profit in 3Q 2022). Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Media industry in Germany. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
공시 • Sep 21Adways Inc. to Report Q3, 2023 Results on Oct 31, 2023Adways Inc. announced that they will report Q3, 2023 results on Oct 31, 2023
New Risk • Aug 09New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 104% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. This is currently the only risk that has been identified for the company.
Reported Earnings • Aug 04Second quarter 2023 earnings releasedSecond quarter 2023 results: EPS: JP¥1.95. Net income: JP¥72.0m (up JP¥72.0m from 2Q 2022). Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Media industry in Germany. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
공시 • Jun 18Adways Inc. to Report Q2, 2023 Results on Aug 03, 2023Adways Inc. announced that they will report Q2, 2023 results on Aug 03, 2023
Reported Earnings • May 04First quarter 2023 earnings releasedFirst quarter 2023 results: EPS: JP¥15.83. Net income: JP¥618.0m (up JP¥618.0m from 1Q 2022). Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Media industry in Germany. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Mar 28Full year 2022 earnings released: EPS: JP¥63.46 (vs JP¥39.42 in FY 2021)Full year 2022 results: EPS: JP¥63.46 (up from JP¥39.42 in FY 2021). Revenue: JP¥13.4b (down 47% from FY 2021). Net income: JP¥2.54b (up 64% from FY 2021). Profit margin: 19% (up from 6.1% in FY 2021). Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Media industry in Germany. Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth.
공시 • Feb 17Adways Inc. (TSE:2489) announces an Equity Buyback for 5,700,000 shares, representing 13.57% for ¥2,000 million.Adways Inc. (TSE:2489) announces a share repurchase program. Under the program, the company will repurchase up to 5,700,000 shares, representing 13.57% of its issued share capital (excluding treasury stock), for ¥2,000 million. The purpose of the program is to return profits to shareholders and implement a flexible capital policy that responds to changes in the business environment. The program will run until July 31, 2023. As of February 16, 2023, the company had 42,003,700 shares in issue (excluding treasury stock) and 2,394,980 shares in treasury.
Valuation Update With 7 Day Price Move • Feb 17Investor sentiment improves as stock rises 19%After last week's 19% share price gain to €4.22, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 12x in the Media industry in Europe. Total returns to shareholders of 56% over the past three years.
공시 • Feb 12Adways Inc., Annual General Meeting, Mar 23, 2023Adways Inc., Annual General Meeting, Mar 23, 2023.
Reported Earnings • Feb 12Full year 2022 earnings released: EPS: JP¥63.46 (vs JP¥39.42 in FY 2021)Full year 2022 results: EPS: JP¥63.46 (up from JP¥39.42 in FY 2021). Revenue: JP¥13.4b (down 47% from FY 2021). Net income: JP¥2.54b (up 64% from FY 2021). Profit margin: 19% (up from 6.1% in FY 2021). Revenue is forecast to grow 8.7% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Media industry in Germany. Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Dec 22Upcoming dividend of JP¥7.46 per shareEligible shareholders must have bought the stock before 29 December 2022. Payment date: 25 March 2023. Trailing yield: 1.5%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (8.5%).
공시 • Dec 21Adways Inc. to Report Fiscal Year 2022 Results on Feb 10, 2023Adways Inc. announced that they will report fiscal year 2022 results on Feb 10, 2023
Board Change • Nov 16Less 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. 6 non-independent directors. Independent External Director Shota Umemoto 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.
공시 • Sep 17Adways Inc. to Report Q3, 2022 Results on Nov 02, 2022Adways Inc. announced that they will report Q3, 2022 results on Nov 02, 2022
Valuation Update With 7 Day Price Move • Aug 10Investor sentiment improved over the past weekAfter last week's 25% share price gain to €5.25, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 10x in the Media industry in Germany. Total returns to shareholders of 126% over the past three years.
공시 • Jun 19Adways Inc. to Report Q2, 2022 Results on Aug 03, 2022Adways Inc. announced that they will report Q2, 2022 results on Aug 03, 2022
Board Change • Apr 27No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 7 non-independent directors. External Director Shota Umemoto was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
공시 • Apr 07Adways Inc. to Report Q1, 2022 Results on May 02, 2022Adways Inc. announced that they will report Q1, 2022 results on May 02, 2022
공시 • Feb 12Adways Inc., Annual General Meeting, Mar 24, 2022Adways Inc., Annual General Meeting, Mar 24, 2022.
Reported Earnings • Feb 11Third quarter 2022 earnings: EPS in line with expectations, revenues disappointThird quarter 2022 results: EPS: JP¥8.22 (up from JP¥7.60 in 3Q 2021). Revenue: JP¥3.93b (down 67% from 3Q 2021). Net income: JP¥326.0m (up 3.2% from 3Q 2021). Profit margin: 8.3% (up from 2.6% in 3Q 2021). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 100%. Over the next year, revenue is expected to shrink by 42% compared to a 7.9% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Dec 22Upcoming dividend of JP¥5.21 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 25 June 2022. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of German dividend payers (3.3%). Lower than average of industry peers (4.3%).
Valuation Update With 7 Day Price Move • Dec 09Investor sentiment improved over the past weekAfter last week's 17% share price gain to €7.20, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 16x in the Media industry in Germany. Total returns to shareholders of 115% over the past three years.
공시 • Dec 02Adways Inc. (TSE:2489) announces an Equity Buyback for 6,000,000 shares, representing 14.29% for ¥3,000 million.Adways Inc. (TSE:2489) announces a share repurchase program. Under the program, the company will repurchase 6,000,000 shares, representing 14.29% of its share capital, for ¥3,000 million. The company will repurchase its shares in order to carry out agile capital policy in response to changes in the business environment and shareholder returns. The program will run until May 9, 2022. As of December 1, 2021, the company had 42,000,700 shares outstanding (excluding treasury shares) and 0 shares in treasury.
공시 • Nov 30Adways Inc. announced that it has received ¥284.817 million in funding from Hakuhodo DY Holdings IncOn November 29, 2021, Adways Inc. closed the transaction.
Reported Earnings • Nov 05Second quarter 2022 earnings released: EPS JP¥11.84 (vs JP¥9.93 in 2Q 2021)The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2022 results: Revenue: JP¥3.01b (down 74% from 2Q 2021). Net income: JP¥454.0m (up 9.9% from 2Q 2021). Profit margin: 15% (up from 3.6% in 2Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Sep 12Investor sentiment improved over the past weekAfter last week's 32% share price gain to €6.65, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 17x in the Media industry in Germany. Total returns to shareholders of 9.1% over the past three years.
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to JP¥4.94, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 23x in the Media industry in Germany. Total returns to shareholders of 14% over the past three years.
Reported Earnings • May 15Full year 2021 earnings released: EPS JP¥34.45 (vs JP¥4.14 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥49.0b (up 31% from FY 2020). Net income: JP¥1.42b (up JP¥1.26b from FY 2020). Profit margin: 2.9% (up from 0.4% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • May 13Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to JP¥5.45, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 21x in the Media industry in Germany. Total returns to shareholders of 50% over the past three years.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥5.33 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 24 June 2021. Trailing yield: 0.4%. Lower than top quartile of German dividend payers (3.3%). Lower than average of industry peers (3.7%).
Is New 90 Day High Low • Feb 20New 90-day high: €7.25The company is up 85% from its price of €3.92 on 20 November 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Media industry, which is up 19% over the same period.
Valuation Update With 7 Day Price Move • Feb 20Investor sentiment improved over the past weekAfter last week's 41% share price gain to JP¥7.25, the stock is trading at a trailing P/E ratio of 32.4x, up from the previous P/E ratio of 23x. This compares to an average P/E of 27x in the Media industry in Germany. Total returns to shareholders over the past three years are 100%.
Reported Earnings • Feb 12Third quarter 2021 earnings released: EPS JP¥7.60 (vs JP¥2.10 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥12.0b (up 31% from 3Q 2020). Net income: JP¥316.0m (up 281% from 3Q 2020). Profit margin: 2.6% (up from 0.9% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
Is New 90 Day High Low • Jan 09New 90-day high: €5.30The company is up 49% from its price of €3.56 on 09 October 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Media industry, which is up 14% over the same period.
공시 • Dec 16Adways Inc. to Report Q3, 2021 Results on Feb 04, 2021Adways Inc. announced that they will report Q3, 2021 results on Feb 04, 2021
Is New 90 Day High Low • Dec 05New 90-day high: €5.10The company is up 78% from its price of €2.86 on 04 September 2020. The German market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Media industry, which is up 25% over the same period.
Valuation Update With 7 Day Price Move • Dec 02Market bids up stock over the past weekAfter last week's 29% share price gain to JP¥4.96, the stock is trading at a trailing P/E ratio of 26.3x, up from the previous P/E ratio of 20.4x. This compares to an average P/E of 25x in the Media industry in Germany. Total returns to shareholders over the past three years are 11%.
Valuation Update With 7 Day Price Move • Dec 01Market bids up stock over the past weekAfter last week's 15% share price gain to JP¥4.52, the stock is trading at a trailing P/E ratio of 22.2x, up from the previous P/E ratio of 19.3x. This compares to an average P/E of 24x in the Media industry in Germany. Total return to shareholders over the past three years is a loss of 2.2%.
Valuation Update With 7 Day Price Move • Nov 17Market pulls back on stock over the past weekAfter last week's 16% share price decline to JP¥3.70, the stock is trading at a trailing P/E ratio of 18.7x, down from the previous P/E ratio of 22.1x. This compares to an average P/E of 21x in the Media industry in Germany. Total return to shareholders over the past three years is a loss of 9.1%.
Is New 90 Day High Low • Nov 10New 90-day high: €4.34The company is up 43% from its price of €3.04 on 11 August 2020. The German market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Media industry, which is up 10.0% over the same period.
Reported Earnings • Nov 10Second quarter 2021 earnings released: EPS JP¥9.93The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥11.5b (up 28% from 2Q 2020). Net income: JP¥413.0m (up JP¥374.0m from 2Q 2020). Profit margin: 3.6% (up from 0.4% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Nov 07Market bids up stock over the past weekAfter last week's 15% share price gain to JP¥3.76, the stock is trading at a trailing P/E ratio of 31.2x, up from the previous P/E ratio of 27x. This compares to an average P/E of 21x in the Media industry in Germany. Total return to shareholders over the past three years is a loss of 8.8%.
Is New 90 Day High Low • Oct 13New 90-day high: €3.84The company is up 31% from its price of €2.94 on 15 July 2020. The German market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Media industry, which is up 14% over the same period.
공시 • Sep 23Adways Inc. to Report Q2, 2021 Results on Nov 06, 2020Adways Inc. announced that they will report Q2, 2021 results on Nov 06, 2020
공시 • Jul 31GN Consulting Co., Ltd cancelled acquisition of 99.23% stake in Adways Innovations India Private Limited from Adways Inc. (TSE:2489).GN Consulting Co., Ltd concluded a contract to acquire 99.23% stake in Adways Innovations India Private Limited from Adways Inc. (TSE:2489) for ¥1 on April 1, 2019. Under the terms, GN Consulting will acquire 19.35 million shares of Adways Innovations India. Post-acquisition, Adways Innovations India will become a subsidiary of GN Consulting. The transaction has been resolved by the Board of Directors of Adways, Inc at the meeting held on April 1, 2019. The transaction is expected to be completed by April 1, 2019. GN Consulting Co., Ltd cancelled acquisition of 99.23% stake in Adways Innovations India Private Limited from Adways Inc. (TSE:2489) on April 1, 2020.
공시 • Jun 17Adways Inc. to Report Q1, 2021 Results on Jul 31, 2020Adways Inc. announced that they will report Q1, 2021 results on Jul 31, 2020