TSE:9233Professional Services
Asia Air Survey (TSE:9233) Thin 4.3% Margin Challenges Bullish Profitability Narrative
Asia Air Survey (TSE:9233) has just posted a mixed set of Q1 2026 figures, coming off a Q4 2025 quarter where revenue was ¥10.8b and net income was ¥511m, equal to basic EPS of ¥28.08. Over recent quarters the company has seen revenue move from ¥5.6b in Q3 2024 to ¥16.1b in Q2 2025 and ¥10.8b in Q4 2025, with EPS swinging from a loss of ¥62.42 in Q3 2024 to a profit of ¥151.43 in Q2 2025 and ¥28.08 in Q4 2025. This sets up this update as a check on whether margins are holding up after a...