TSE:3994Software
Money Forward (TSE:3994) Losses Rise 19.4% Annually, Highlighting Ongoing Profitability Challenge
Money Forward (TSE:3994) remains unprofitable, with losses rising at a pace of 19.4% per year over the past five years. Looking ahead, analysts forecast a rapid earnings turnaround, with profits expected to grow 67.72% annually and the company reaching profitability within three years. While revenue is set to climb 19.5% per year and outpace the broader Japanese market, the stock is trading at a premium. Shares currently sit at ¥5,242, well above the ¥1,503.48 estimated fair value, and the...