Announcement • 8h
I-Freek Mobile Inc., Annual General Meeting, Jun 25, 2026 I-Freek Mobile Inc., Annual General Meeting, Jun 25, 2026. Announcement • Dec 27
I-Freek Mobile Inc. to Report Q3, 2026 Results on Feb 13, 2026 I-Freek Mobile Inc. announced that they will report Q3, 2026 results on Feb 13, 2026 New Risk • Nov 15
New major risk - Financial data availability The company's latest financial reports are more than a year old. Last reported fiscal period ended September 2024. This is considered a major risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. In the worst case scenario, it may be facing other major going concern issues jeopardizing its viability as a listed company. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported September 2024 fiscal period end). Share price has been highly volatile over the past 3 months (13% average weekly change). Revenue has declined by 2.7% over the past year. Minor Risks Shareholders have been diluted in the past year (20% increase in shares outstanding). Market cap is less than US$100m (JP¥4.87b market cap, or US$31.5m). Announcement • Sep 30
I-Freek Mobile Inc. to Report Q2, 2026 Results on Nov 14, 2025 I-Freek Mobile Inc. announced that they will report Q2, 2026 results on Nov 14, 2025 New Risk • Sep 30
New major risk - Revenue and earnings growth Revenue has declined by 2.7% over the past year. 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 revenues are declining, then it is difficult for the company to prevent its earnings from declining as well. A trend of falling revenue 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 (13% average weekly change). Revenue has declined by 2.7% over the past year. Minor Risks Latest financial reports are more than 6 months old (reported September 2024 fiscal period end). Shareholders have been diluted in the past year (20% increase in shares outstanding). Market cap is less than US$100m (JP¥4.89b market cap, or US$32.9m). Announcement • Jul 08
I-Freek Mobile Inc. to Report Q1, 2026 Results on Aug 14, 2025 I-Freek Mobile Inc. announced that they will report Q1, 2026 results on Aug 14, 2025 New Risk • Jun 02
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.8% average weekly change). Minor Risks Latest financial reports are more than 6 months old (reported September 2024 fiscal period end). Shareholders have been diluted in the past year (20% increase in shares outstanding). Market cap is less than US$100m (JP¥2.20b market cap, or US$15.3m). New Risk • May 20
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 9.9% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.9% average weekly change). Minor Risks Shareholders have been diluted in the past year (20% increase in shares outstanding). Market cap is less than US$100m (JP¥2.33b market cap, or US$16.1m). Announcement • May 15
I-Freek Mobile Inc., Annual General Meeting, Jun 26, 2025 I-Freek Mobile Inc., Annual General Meeting, Jun 26, 2025. New Risk • Apr 07
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 6.5% 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 (6.5% average weekly change). Shareholders have been diluted in the past year (20% increase in shares outstanding). Market cap is less than US$100m (JP¥1.56b market cap, or US$10.7m). Announcement • Mar 27
I-Freek Mobile Inc. to Report Fiscal Year 2025 Results on May 15, 2025 I-Freek Mobile Inc. announced that they will report fiscal year 2025 results on May 15, 2025 New Risk • Mar 19
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 20% 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: Minor Risks Shareholders have been diluted in the past year (20% increase in shares outstanding). Market cap is less than US$100m (JP¥1.98b market cap, or US$13.2m). Announcement • Mar 18
I-Freek Mobile Inc. announced that it has received ¥270.346 million in funding On March 18, I-Freek Mobile Inc. announced the payment for the issuance of new shares and the 18th stock acquisition rights through a third-party allotment have been completed and Changes in Major Shareholders and the Largest Shareholder has been done. Announcement • Jan 03
I-Freek Mobile Inc. to Report Q3, 2025 Results on Feb 14, 2025 I-Freek Mobile Inc. announced that they will report Q3, 2025 results on Feb 14, 2025 Announcement • Oct 03
I-Freek Mobile Inc. to Report Q2, 2025 Results on Nov 14, 2024 I-Freek Mobile Inc. announced that they will report Q2, 2025 results on Nov 14, 2024 New Risk • Oct 02
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: JP¥1.45b (US$9.98m) 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. This is currently the only risk that has been identified for the company. Reported Earnings • Aug 19
First quarter 2025 earnings released: JP¥0.84 loss per share (vs JP¥0.17 profit in 1Q 2024) First quarter 2025 results: JP¥0.84 loss per share (down from JP¥0.17 profit in 1Q 2024). Revenue: JP¥630.0m (down 2.9% from 1Q 2024). Net loss: JP¥15.0m (down JP¥18.0m from profit in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings. New Risk • Aug 05
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: JP¥1.37b (US$9.65m) 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. This is currently the only risk that has been identified for the company. Announcement • Aug 01
I-Freek Mobile Inc. to Report Q1, 2025 Results on Aug 14, 2024 I-Freek Mobile Inc. announced that they will report Q1, 2025 results on Aug 14, 2024 Reported Earnings • May 21
Full year 2024 earnings released: JP¥5.55 loss per share (vs JP¥8.30 profit in FY 2023) Full year 2024 results: JP¥5.55 loss per share (down from JP¥8.30 profit in FY 2023). Revenue: JP¥2.57b (down 1.3% from FY 2023). Net loss: JP¥99.0m (down 167% from profit in FY 2023). Over the last 3 years on average, earnings per share has fallen by 21% per year whereas the company’s share price has fallen by 16% per year. Buy Or Sell Opportunity • May 17
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 5.9% to JP¥90.00. The fair value is estimated to be JP¥74.72, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 6.4% over the last 3 years. Meanwhile, the company became loss making. Announcement • May 17
I-Freek Mobile Inc., Annual General Meeting, Jun 26, 2024 I-Freek Mobile Inc., Annual General Meeting, Jun 26, 2024. Buy Or Sell Opportunity • Apr 05
Now 22% overvalued Over the last 90 days, the stock has fallen 4.2% to JP¥92.00. The fair value is estimated to be JP¥75.61, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 6.4% over the last 3 years. Meanwhile, the company became loss making. Announcement • Mar 31
I-Freek Mobile Inc. to Report Fiscal Year 2024 Results on May 15, 2024 I-Freek Mobile Inc. announced that they will report fiscal year 2024 results on May 15, 2024 New Risk • Feb 19
New minor risk - Share price stability The 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: Minor Risks Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (5.8% average weekly change). Market cap is less than US$100m (JP¥1.62b market cap, or US$10.8m). Buy Or Sell Opportunity • Feb 19
Now 23% overvalued Over the last 90 days, the stock has fallen 12% to JP¥91.00. The fair value is estimated to be JP¥73.99, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 6.4% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Feb 17
Third quarter 2024 earnings released: JP¥1.91 loss per share (vs JP¥2.92 profit in 3Q 2023) Third quarter 2024 results: JP¥1.91 loss per share (down from JP¥2.92 profit in 3Q 2023). Revenue: JP¥644.0m (down 5.4% from 3Q 2023). Net loss: JP¥34.0m (down 165% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Feb 16
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥85.00, the stock trades at a trailing P/E ratio of 33.7x. Average trailing P/E is 23x in the Software industry in Japan. Total loss to shareholders of 43% over the past three years. Announcement • Jan 26
I-Freek Mobile Inc. to Report Q3, 2024 Results on Feb 14, 2024 I-Freek Mobile Inc. announced that they will report Q3, 2024 results on Feb 14, 2024 Reported Earnings • Nov 19
Second quarter 2024 earnings released: JP¥2.41 loss per share (vs JP¥1.91 profit in 2Q 2023) Second quarter 2024 results: JP¥2.41 loss per share (down from JP¥1.91 profit in 2Q 2023). Revenue: JP¥613.0m (down 1.6% from 2Q 2023). Net loss: JP¥43.0m (down 227% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Announcement • Sep 28
I-Freek Mobile Inc. to Report Q2, 2024 Results on Nov 14, 2023 I-Freek Mobile Inc. announced that they will report Q2, 2024 results on Nov 14, 2023 Reported Earnings • Aug 16
First quarter 2024 earnings released: EPS: JP¥0.17 (vs JP¥1.63 in 1Q 2023) First quarter 2024 results: EPS: JP¥0.17 (down from JP¥1.63 in 1Q 2023). Revenue: JP¥649.0m (up 4.0% from 1Q 2023). Net income: JP¥3.00m (down 90% from 1Q 2023). Profit margin: 0.5% (down from 4.6% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Buying Opportunity • May 25
Now 29% undervalued Over the last 90 days, the stock is up 3.9%. The fair value is estimated to be JP¥189, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.2% over the last 3 years. Meanwhile, the company has become profitable. Valuation Update With 7 Day Price Move • May 24
Investor sentiment improves as stock rises 26% After last week's 26% share price gain to JP¥152, the stock trades at a trailing P/E ratio of 18.3x. Average trailing P/E is 22x in the Software industry in Japan. Total returns to shareholders of 17% over the past three years. Reported Earnings • May 18
Full year 2023 earnings released: EPS: JP¥8.30 (vs JP¥14.32 in FY 2022) Full year 2023 results: EPS: JP¥8.30 (down from JP¥14.32 in FY 2022). Revenue: JP¥2.61b (flat on FY 2022). Net income: JP¥148.0m (down 41% from FY 2022). Profit margin: 5.7% (down from 9.6% in FY 2022). Over the last 3 years on average, earnings per share has increased by 103% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥3.00 per share at 2.3% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 29 June 2023. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.7%). Reported Earnings • Feb 18
Third quarter 2023 earnings released: EPS: JP¥2.92 (vs JP¥3.13 in 3Q 2022) Third quarter 2023 results: EPS: JP¥2.92 (down from JP¥3.13 in 3Q 2022). Revenue: JP¥681.0m (up 3.8% from 3Q 2022). Net income: JP¥52.0m (down 5.5% from 3Q 2022). Profit margin: 7.6% (down from 8.4% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 117% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Announcement • Dec 28
I-Freek Mobile Inc. to Report Q3, 2023 Results on Feb 14, 2023 I-Freek Mobile Inc. announced that they will report Q3, 2023 results on Feb 14, 2023 Buying Opportunity • Dec 20
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 3.6%. The fair value is estimated to be JP¥171, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Meanwhile, the company has become profitable. Reported Earnings • Nov 17
Second quarter 2023 earnings released: EPS: JP¥1.91 (vs JP¥4.06 in 2Q 2022) Second quarter 2023 results: EPS: JP¥1.91 (down from JP¥4.06 in 2Q 2022). Revenue: JP¥623.0m (down 2.8% from 2Q 2022). Net income: JP¥34.0m (down 52% from 2Q 2022). Profit margin: 5.5% (down from 11% in 2Q 2022). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 122% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Board Change • Nov 16
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 5 new directors. 1 experienced director. 2 highly experienced directors. 1 independent director (4 non-independent directors). External Auditor Yoshimasa Kamiya is the most experienced director on the board, commencing their role in 2014. Independent External Director Toshiya Tokizaki was the last independent director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Announcement • Oct 05
I-Freek Mobile Inc. to Report Q2, 2023 Results on Nov 04, 2022 I-Freek Mobile Inc. announced that they will report Q2, 2023 results on Nov 04, 2022 Reported Earnings • Aug 14
First quarter 2023 earnings released: EPS: JP¥1.63 (vs JP¥3.55 in 1Q 2022) First quarter 2023 results: EPS: JP¥1.63 (down from JP¥3.55 in 1Q 2022). Revenue: JP¥624.0m (down 5.2% from 1Q 2022). Net income: JP¥29.0m (down 53% from 1Q 2022). Profit margin: 4.6% (down from 9.4% in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 118% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Announcement • Jul 27
I-Freek Mobile Inc. (TSE:3845) entered into an agreement to acquire part of the technology development department in Gran Group from Granduo Co., Ltd., Gran Solaris Co., Ltd. and Grandir on July 2, 2022. I-Freek Mobile Inc. (TSE:3845) entered into an agreement to acquire part of the technology development department in Gran Group from Granduo Co., Ltd., Gran Solaris Co., Ltd. and Grandir on July 2, 2022. The deal is expected to close in October 2022. Announcement • Jul 01
I-Freek Mobile Inc. to Report Q1, 2023 Results on Aug 12, 2022 I-Freek Mobile Inc. announced that they will report Q1, 2023 results on Aug 12, 2022 Reported Earnings • May 19
Full year 2022 earnings released: EPS: JP¥14.32 (vs JP¥4.23 loss in FY 2021) Full year 2022 results: EPS: JP¥14.32 (up from JP¥4.23 loss in FY 2021). Revenue: JP¥2.63b (down 15% from FY 2021). Net income: JP¥252.0m (up JP¥325.0m from FY 2021). Profit margin: 9.6% (up from net loss in FY 2021). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 108% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Announcement • May 15
I-Freek Mobile Inc., Annual General Meeting, Jun 28, 2022 I-Freek Mobile Inc., Annual General Meeting, Jun 28, 2022. Board Change • Apr 27
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. 3 experienced directors. No highly experienced directors. 1 independent director (3 non-independent directors). External Auditor Yoshimasa Kamiya is the most experienced director on the board, commencing their role in 2014. Independent External Director Toshiya Tokizaki was the last independent director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Announcement • Apr 08
I-Freek Mobile Inc. to Report Fiscal Year 2022 Results on May 13, 2022 I-Freek Mobile Inc. announced that they will report fiscal year 2022 results on May 13, 2022 Reported Earnings • Feb 17
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥3.13 (down from JP¥3.97 in 3Q 2021). Revenue: JP¥656.0m (down 16% from 3Q 2021). Net income: JP¥55.0m (down 20% from 3Q 2021). Profit margin: 8.4% (down from 8.8% in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 107% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Dec 15
Investor sentiment deteriorated over the past week After last week's 22% share price decline to JP¥153, the stock trades at a trailing P/E ratio of 25.7x. Average trailing P/E is 23x in the Software industry in Japan. Total loss to shareholders of 18% over the past three years. Reported Earnings • Nov 17
Second quarter 2022 earnings released: EPS JP¥4.06 (vs JP¥3.14 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¥641.0m (down 37% from 2Q 2021). Net income: JP¥71.0m (up 32% from 2Q 2021). Profit margin: 11% (up from 5.3% in 2Q 2021). Reported Earnings • Feb 14
Third quarter 2021 earnings released: EPS JP¥3.97 (vs JP¥3.93 loss in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥780.0m (up 119% from 3Q 2020). Net income: JP¥69.0m (up JP¥132.0m from 3Q 2020). Profit margin: 8.8% (up from net loss in 3Q 2020). Announcement • Feb 04
I-Freek Mobile Inc. to Report Q3, 2021 Results on Feb 12, 2021 I-Freek Mobile Inc. announced that they will report Q3, 2021 results on Feb 12, 2021 Announcement • Oct 13
I-Freek Mobile Inc. announced that it expects to receive ¥4 million in funding from VASDAQ Capital Co., Ltd. I-Freek Mobile Inc. (JASDAQ:3845) announced a private placement of 2,000 units of 16th stock acquisition rights through third party allotment at an issue price of ¥2,000 for gross proceeds of ¥4,000,000 on October 12, 2020. The transaction will include participation from returning investor VASDAQ Capital Co., Ltd. for 500 units, Dream No. 10 Investment Limited Partnership for 400 units, individual investors Koichi Nagata for 800 units, and Yoshihisa Kuroda for 300 units. Each stock acquisition right is exercisable into common shares at a price of ¥144 each. The transaction has been approved by the board of directors and is expected to close on October 28, 2020. Announcement • Aug 26
I-Freek Mobile Inc. to Report Q1, 2021 Results on Aug 26, 2020 I-Freek Mobile Inc. announced that they will report Q1, 2021 results on Aug 26, 2020 
