Inforich Third Quarter 2024 Earnings: EPS: JP¥49.60 (vs JP¥22.67 in 3Q 2023)

Inforich (TSE:9338) Third Quarter 2024 Results

Key Financial Results

• Revenue: JP¥2.89b (up 38% from 3Q 2023).
• Net income: JP¥469.6m (up 123% from 3Q 2023).
• Profit margin: 16% (up from 10.0% in 3Q 2023). The increase in margin was driven by higher revenue.
• EPS: JP¥49.60 (up from JP¥22.67 in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Inforich Earnings Insights

Looking ahead, revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Consumer Services industry in Japan.

Performance of the Japanese Consumer Services industry.

The company's shares are up 32% from a week ago.

Risk Analysis

We should say that we've discovered 1 warning sign for Inforich that you should be aware of before investing here.

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