View Future GrowthGeolocation Technology 과거 순이익 실적과거 기준 점검 0/6Geolocation Technology 의 수입은 연평균 -44.7%의 비율로 감소해 온 반면, IT 산업은 연평균 11.9%의 비율로 증가했습니다. 매출은 연평균 0.6%의 비율로 증가해 왔습니다.핵심 정보-44.68%순이익 성장률-58.86%주당순이익(EPS) 성장률IT 산업 성장률14.26%매출 성장률0.56%자기자본이익률-6.65%순이익률-5.22%최근 순이익 업데이트31 Mar 2026최근 과거 실적 업데이트Reported Earnings • May 20Third quarter 2026 earnings released: JP¥6.30 loss per share (vs JP¥6.38 profit in 3Q 2025)Third quarter 2026 results: JP¥6.30 loss per share (down from JP¥6.38 profit in 3Q 2025). Revenue: JP¥185.0m (up 2.2% from 3Q 2025). Net loss: JP¥10.0m (down 200% from profit in 3Q 2025). Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.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).모든 업데이트 보기Recent updatesReported Earnings • May 20Third quarter 2026 earnings released: JP¥6.30 loss per share (vs JP¥6.38 profit in 3Q 2025)Third quarter 2026 results: JP¥6.30 loss per share (down from JP¥6.38 profit in 3Q 2025). Revenue: JP¥185.0m (up 2.2% from 3Q 2025). Net loss: JP¥10.0m (down 200% from profit in 3Q 2025). Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.공시 • 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).공시 • 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.매출 및 비용 세부 내역Geolocation Technology가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이FKSE:4018 매출, 비용 및 순이익 (JPY Millions)날짜매출순이익일반관리비연구개발비31 Mar 26709-374571431 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 19459213070양질의 수익: 4018 은(는) 현재 수익성이 없습니다.이익 마진 증가: 4018는 현재 수익성이 없습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: 4018은 수익성이 없으며 지난 5년 동안 손실이 연평균 44.7% 증가했습니다.성장 가속화: 현재 수익성이 없어 지난 1년간 4018의 수익 성장률을 5년 평균과 비교할 수 없습니다.수익 대 산업: 4018은 수익성이 없어 지난 해 수익 성장률을 IT 업계(14%)와 비교하기 어렵습니다.자기자본이익률높은 ROE: 4018는 현재 수익성이 없으므로 자본 수익률이 음수(-6.65%)입니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YSoftware 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/12 19:27종가2026/06/12 00:00수익2026/03/31연간 수익2025/06/30데이터 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 소스Geolocation Technology, Inc.는 1명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Nobuyuki TakagiThe Stock Research Center
Reported Earnings • May 20Third quarter 2026 earnings released: JP¥6.30 loss per share (vs JP¥6.38 profit in 3Q 2025)Third quarter 2026 results: JP¥6.30 loss per share (down from JP¥6.38 profit in 3Q 2025). Revenue: JP¥185.0m (up 2.2% from 3Q 2025). Net loss: JP¥10.0m (down 200% from profit in 3Q 2025). Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.
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 • May 20Third quarter 2026 earnings released: JP¥6.30 loss per share (vs JP¥6.38 profit in 3Q 2025)Third quarter 2026 results: JP¥6.30 loss per share (down from JP¥6.38 profit in 3Q 2025). Revenue: JP¥185.0m (up 2.2% from 3Q 2025). Net loss: JP¥10.0m (down 200% from profit in 3Q 2025). Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.
공시 • 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).
공시 • 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.