New Risk • Mar 23
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 9.3% 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 Risks Share price has been highly volatile over the past 3 months (9.3% average weekly change). Earnings have declined by 44% per year over the past 5 years. Reported Earnings • Feb 16
First quarter 2026 earnings released: JP¥27.88 loss per share (vs JP¥7.87 loss in 1Q 2025) First quarter 2026 results: JP¥27.88 loss per share (further deteriorated from JP¥7.87 loss in 1Q 2025). Revenue: JP¥3.88b (flat on 1Q 2025). Net loss: JP¥320.0m (loss widened 281% from 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings. Reported Earnings • Dec 25
Full year 2025 earnings released: JP¥84.82 loss per share (vs JP¥22.92 profit in FY 2024) Full year 2025 results: JP¥84.82 loss per share (down from JP¥22.92 profit in FY 2024). Revenue: JP¥16.4b (up 4.5% from FY 2024). Net loss: JP¥950.0m (down 489% from profit in FY 2024). Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has increased by 22% per year, which means it is well ahead of earnings. Reported Earnings • Nov 18
Full year 2025 earnings released: JP¥84.82 loss per share (vs JP¥22.92 profit in FY 2024) Full year 2025 results: JP¥84.82 loss per share (down from JP¥22.92 profit in FY 2024). Revenue: JP¥16.4b (up 4.5% from FY 2024). Net loss: JP¥950.0m (down 489% from profit in FY 2024). Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Announcement • Nov 14
Speee, Inc., Annual General Meeting, Dec 23, 2025 Speee, Inc., Annual General Meeting, Dec 23, 2025. Announcement • Sep 27
Speee, Inc. to Report Fiscal Year 2025 Results on Nov 14, 2025 Speee, Inc. announced that they will report fiscal year 2025 results on Nov 14, 2025 Reported Earnings • Aug 16
Third quarter 2025 earnings released: JP¥31.09 loss per share (vs JP¥0.19 profit in 3Q 2024) Third quarter 2025 results: JP¥31.09 loss per share (down from JP¥0.19 profit in 3Q 2024). Revenue: JP¥4.09b (up 2.9% from 3Q 2024). Net loss: JP¥357.0m (down JP¥359.0m from profit in 3Q 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 12% per year, which means it has not declined as severely as earnings. Announcement • May 31
Speee, Inc. to Report Q3, 2025 Results on Aug 14, 2025 Speee, Inc. announced that they will report Q3, 2025 results on Aug 14, 2025 Reported Earnings • May 21
Second quarter 2025 earnings released: JP¥4.30 loss per share (vs JP¥5.74 loss in 2Q 2024) Second quarter 2025 results: JP¥4.30 loss per share (improved from JP¥5.74 loss in 2Q 2024). Revenue: JP¥4.35b (up 11% from 2Q 2024). Net loss: JP¥48.0m (loss narrowed 21% from 2Q 2024). 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. Announcement • Mar 28
Speee, Inc. to Report Q2, 2025 Results on May 15, 2025 Speee, Inc. announced that they will report Q2, 2025 results on May 15, 2025 Announcement • Feb 12
Speee, Inc. Provides Consolidated Earnings Guidance for the Year Ending September 30, 2025 Speee, Inc. provided consolidated earnings guidance for the year ending September 30, 2025. For the period, the company expects Net sales to be ¥18,010 million, loss attributable to owners of the parent to be ¥614 million, loss per share to be ¥157.53. Reported Earnings • Feb 12
First quarter 2025 earnings released: JP¥7.87 loss per share (vs JP¥3.02 profit in 1Q 2024) First quarter 2025 results: JP¥7.87 loss per share (down from JP¥3.02 profit in 1Q 2024). Revenue: JP¥3.87b (up 3.8% from 1Q 2024). Net loss: JP¥84.0m (down 363% from profit in 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance. Announcement • Jan 17
Speee, Inc. to Report Q1, 2025 Results on Feb 10, 2025 Speee, Inc. announced that they will report Q1, 2025 results on Feb 10, 2025 Announcement • Jan 16
Speee, Inc. has filed a Follow-on Equity Offering. Speee, Inc. has filed a Follow-on Equity Offering.
Security Name: Common Shares
Security Type: Common Stock
Securities Offered: 1,300,000 Reported Earnings • Dec 28
Full year 2024 earnings released: EPS: JP¥22.92 (vs JP¥100 loss in FY 2023) Full year 2024 results: EPS: JP¥22.92 (up from JP¥100 loss in FY 2023). Revenue: JP¥15.7b (up 16% from FY 2023). Net income: JP¥244.0m (up JP¥1.29b from FY 2023). Profit margin: 1.6% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 84 percentage points per year, which is a significant difference in performance. Announcement • Sep 27
Speee, Inc. to Report Fiscal Year 2024 Results on Nov 14, 2024 Speee, Inc. announced that they will report fiscal year 2024 results on Nov 14, 2024 Announcement • Aug 13
Speee, Inc. Provides Consolidated Earnings Guidance for the Year Ending September 30, 2024 Speee, Inc. provided consolidated earnings guidance for the year ending September 30, 2024. For the period, the company expects Net sales to be ¥17,000 million, operating profit to be ¥500 million, profit attributable to owners of the parent to be ¥200 million, earnings per share to be ¥18.91. Announcement • Jun 28
Speee, Inc. to Report Q3, 2024 Results on Aug 09, 2024 Speee, Inc. announced that they will report Q3, 2024 results on Aug 09, 2024 Reported Earnings • May 13
Second quarter 2024 earnings released: JP¥5.74 loss per share (vs JP¥18.36 profit in 2Q 2023) Second quarter 2024 results: JP¥5.74 loss per share (down from JP¥18.36 profit in 2Q 2023). Revenue: JP¥3.92b (up 14% from 2Q 2023). Net loss: JP¥61.0m (down 132% from profit in 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 40 percentage points per year, which is a significant difference in performance. Announcement • Mar 28
Speee, Inc. to Report Q2, 2024 Results on May 10, 2024 Speee, Inc. announced that they will report Q2, 2024 results on May 10, 2024 Reported Earnings • Feb 11
First quarter 2024 earnings released: EPS: JP¥3.02 (vs JP¥18.15 in 1Q 2023) First quarter 2024 results: EPS: JP¥3.02 (down from JP¥18.15 in 1Q 2023). Revenue: JP¥3.73b (up 23% from 1Q 2023). Net income: JP¥32.0m (down 83% from 1Q 2023). Profit margin: 0.9% (down from 6.1% in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings. Announcement • Jan 11
Speee, Inc. to Report Q1, 2024 Results on Feb 09, 2024 Speee, Inc. announced that they will report Q1, 2024 results on Feb 09, 2024 New Risk • Nov 22
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.3% 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: Major Risk Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risk Shareholders have been diluted in the past year (3.3% increase in shares outstanding). Announcement • Nov 13
Speee, Inc., Annual General Meeting, Dec 20, 2024 Speee, Inc., Annual General Meeting, Dec 20, 2024. Reported Earnings • Nov 11
Full year 2023 earnings released: JP¥100 loss per share (vs JP¥106 profit in FY 2022) Full year 2023 results: JP¥100 loss per share (down from JP¥106 profit in FY 2022). Revenue: JP¥13.6b (up 21% from FY 2022). Net loss: JP¥1.04b (down 196% from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 20% per year, which means it is performing significantly worse than earnings. Valuation Update With 7 Day Price Move • Oct 19
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥2,570, the stock trades at a trailing P/E ratio of 37x. Average trailing P/E is 18x in the IT industry in Japan. Total loss to shareholders of 49% over the past three years. Announcement • Sep 28
Speee, Inc. to Report Fiscal Year 2023 Results on Nov 10, 2023 Speee, Inc. announced that they will report fiscal year 2023 results on Nov 10, 2023 Valuation Update With 7 Day Price Move • Sep 12
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to JP¥3,755, the stock trades at a trailing P/E ratio of 54.1x. Average trailing P/E is 19x in the IT industry in Japan. Total loss to shareholders of 27% over the past three years. Announcement • Aug 18
Speee, Inc. Provides Consolidated Earnings Guidance for the Year Ending September 30, 2023 Speee, Inc. provided consolidated earnings guidance for the year ending September 30, 2023. For the period, the company expects Net sales to be JPY 13,192 million, operating profit to be JPY 917 million, profit attributable to owners of the parent to be JPY 373 million, earnings per share to be JPY 36.56. New Risk • Aug 14
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 5.6% Last year net profit margin: 9.5% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risks Profit margins are more than 30% lower than last year (5.6% net profit margin). Shareholders have been diluted in the past year (2.4% increase in shares outstanding). Reported Earnings • Aug 12
Third quarter 2023 earnings released: EPS: JP¥3.84 (vs JP¥17.91 in 3Q 2022) Third quarter 2023 results: EPS: JP¥3.84 (down from JP¥17.91 in 3Q 2022). Revenue: JP¥3.50b (up 23% from 3Q 2022). Net income: JP¥40.0m (down 78% from 3Q 2022). Profit margin: 1.1% (down from 6.4% 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 38% 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 • Aug 03
Investor sentiment deteriorates as stock falls 25% After last week's 25% share price decline to JP¥2,211, the stock trades at a trailing P/E ratio of 26.6x. Average trailing P/E is 19x in the IT industry in Japan. Total loss to shareholders of 45% over the past three years. New Risk • Jul 23
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.4% 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: Major Risks Share price has been highly volatile over the past 3 months (9.9% average weekly change). High level of non-cash earnings (23% accrual ratio). Minor Risk Shareholders have been diluted in the past year (2.4% increase in shares outstanding). Valuation Update With 7 Day Price Move • Jul 04
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to JP¥2,660, the stock trades at a trailing P/E ratio of 31.8x. Average trailing P/E is 19x in the IT industry in Japan. Total loss to shareholders of 12% over the past year. Valuation Update With 7 Day Price Move • Jun 03
Investor sentiment improves as stock rises 29% After last week's 29% share price gain to JP¥2,046, the stock trades at a trailing P/E ratio of 24.5x. Average trailing P/E is 19x in the IT industry in Japan. Total loss to shareholders of 32% over the past year. Announcement • May 31
Speee, Inc. to Report Q3, 2023 Results on Aug 10, 2023 Speee, Inc. announced that they will report Q3, 2023 results on Aug 10, 2023 Valuation Update With 7 Day Price Move • May 19
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to JP¥1,697, the stock trades at a trailing P/E ratio of 20.3x. Average trailing P/E is 18x in the IT industry in Japan. Total loss to shareholders of 45% over the past year. Reported Earnings • May 17
Second quarter 2023 earnings released: EPS: JP¥18.36 (vs JP¥29.52 in 2Q 2022) Second quarter 2023 results: EPS: JP¥18.36 (down from JP¥29.52 in 2Q 2022). Revenue: JP¥3.42b (up 24% from 2Q 2022). Net income: JP¥190.0m (down 37% from 2Q 2022). Profit margin: 5.6% (down from 11% in 2Q 2022). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Mar 29
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to JP¥1,537, the stock trades at a trailing P/E ratio of 16.3x. Average trailing P/E is 18x in the IT industry in Japan. Total loss to shareholders of 62% over the past year. Reported Earnings • Feb 12
First quarter 2023 earnings released: EPS: JP¥18.15 (vs JP¥28.62 in 1Q 2022) First quarter 2023 results: EPS: JP¥18.15 (down from JP¥28.62 in 1Q 2022). Revenue: JP¥3.04b (up 17% from 1Q 2022). Net income: JP¥187.0m (down 35% from 1Q 2022). Profit margin: 6.1% (down from 11% in 1Q 2022). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Dec 05
Investor sentiment deteriorated over the past week After last week's 17% share price decline to JP¥1,735, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 18x in the IT industry in Japan. Total loss to shareholders of 68% over the past year. Announcement • Nov 17
Speee, Inc. Provides Earnings Guidance for the Year Ending September 30, 2023 Speee, Inc. provided earnings guidance for the year ending September 30, 2023. For the year, the company expects net sales of JPY 13,192 million, Operating profit of JPY 917 million, Profit attributable to owners of parent of JPY 373 million and earnings per share of JPY 36.56. Reported Earnings • Nov 16
Full year 2022 earnings: EPS and revenues miss analyst expectations Full year 2022 results: EPS: JP¥106 (up from JP¥83.10 in FY 2021). Revenue: JP¥11.2b (down 12% from FY 2021). Net income: JP¥1.08b (up 30% from FY 2021). Profit margin: 9.6% (up from 6.6% in FY 2021). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 10%. Earnings per share (EPS) also missed analyst estimates by 1.3%. Revenue is forecast to grow 25% p.a. on average during the next 2 years, compared to a 6.6% growth forecast for the IT industry in Japan. Buying Opportunity • Nov 16
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 33%. The fair value is estimated to be JP¥2,614, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 69%. Revenue is forecast to grow by 69% in 2 years. Earnings is forecast to grow by 107% in the next 2 years. Announcement • Nov 13
Speee, Inc., Annual General Meeting, Dec 16, 2022 Speee, Inc., Annual General Meeting, Dec 16, 2022. Reported Earnings • Nov 13
Full year 2022 earnings: EPS and revenues miss analyst expectations Full year 2022 results: EPS: JP¥106 (up from JP¥83.10 in FY 2021). Revenue: JP¥11.2b (down 12% from FY 2021). Net income: JP¥1.08b (up 30% from FY 2021). Profit margin: 9.6% (up from 6.6% in FY 2021). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 10%. Earnings per share (EPS) also missed analyst estimates by 1.3%. Revenue is forecast to grow 25% p.a. on average during the next 2 years, compared to a 6.9% growth forecast for the IT industry in Japan. Announcement • Sep 28
Speee, Inc. to Report Fiscal Year 2022 Results on Nov 11, 2022 Speee, Inc. announced that they will report fiscal year 2022 results on Nov 11, 2022 Reported Earnings • Aug 14
Third quarter 2022 earnings released: EPS: JP¥17.91 (vs JP¥14.86 in 3Q 2021) Third quarter 2022 results: EPS: JP¥17.91 (up from JP¥14.86 in 3Q 2021). Revenue: JP¥2.86b (down 14% from 3Q 2021). Net income: JP¥183.0m (up 22% from 3Q 2021). Profit margin: 6.4% (up from 4.5% in 3Q 2021). The increase in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 31%, compared to a 11% growth forecast for the industry in Japan. Valuation Update With 7 Day Price Move • Jun 30
Investor sentiment improved over the past week After last week's 17% share price gain to JP¥3,100, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 18x in the IT industry in Japan. Total loss to shareholders of 32% over the past year. Announcement • Jun 29
Speee, Inc. to Report Q3, 2022 Results on Aug 12, 2022 Speee, Inc. announced that they will report Q3, 2022 results on Aug 12, 2022 Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 3 highly experienced directors. 4 independent directors (5 non-independent directors). Independent Outside Director Jun Hasebe was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Feb 17
First quarter 2022 earnings: Revenues and EPS in line with analyst expectations First quarter 2022 results: EPS: JP¥28.62 (up from JP¥14.50 in 1Q 2021). Revenue: JP¥2.61b (down 7.5% from 1Q 2021). Net income: JP¥289.0m (up 101% from 1Q 2021). Profit margin: 11% (up from 5.1% in 1Q 2021). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Reported Earnings • Dec 27
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: JP¥83.10 (up from JP¥44.92 in FY 2020). Revenue: JP¥12.7b (up 36% from FY 2020). Net income: JP¥835.0m (up 105% from FY 2020). Profit margin: 6.6% (up from 4.4% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Valuation Update With 7 Day Price Move • Dec 20
Investor sentiment deteriorated over the past week After last week's 17% share price decline to JP¥4,580, the stock trades at a trailing P/E ratio of 55.4x. Average trailing P/E is 19x in the IT industry in Japan. Total returns to shareholders of 49% over the past year. Valuation Update With 7 Day Price Move • Nov 19
Investor sentiment improved over the past week After last week's 31% share price gain to JP¥5,950, the stock trades at a trailing P/E ratio of 72x. Average trailing P/E is 21x in the IT industry in Japan. Total returns to shareholders of 56% over the past year. Reported Earnings • Nov 15
Full year 2021 earnings released: EPS JP¥83.10 (vs JP¥44.92 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥12.7b (up 36% from FY 2020). Net income: JP¥835.0m (up 105% from FY 2020). Profit margin: 6.6% (up from 4.4% in FY 2020). The increase in margin was driven by higher revenue. Is New 90 Day High Low • Feb 25
New 90-day low: JP¥2,820 The company is down 25% from its price of JP¥3,745 on 27 November 2020. The Japanese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is flat over the same period. Analyst Estimate Surprise Post Earnings • Dec 27
Revenue beats expectations, earnings disappoint Revenue exceeded analyst estimates by 1.7%. Earnings per share (EPS) missed analyst estimates by 41%. Over the next year, revenue is forecast to grow 11%, compared to a 8.1% growth forecast for the IT industry in Japan. Reported Earnings • Dec 27
Full year 2020 earnings released: EPS JP¥44.92 The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: JP¥9.35b (up 26% from FY 2019). Net income: JP¥407.0m (up JP¥386.0m from FY 2019). Profit margin: 4.4% (up from 0.3% in FY 2019). The increase in margin was driven by higher revenue. Is New 90 Day High Low • Dec 07
New 90-day low: JP¥3,370 The company is down 34% from its price of JP¥5,100 on 08 September 2020. The Japanese market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 9.0% over the same period. Announcement • Nov 29
Speee, Inc. to Report Q1, 2021 Results on Feb 12, 2021 Speee, Inc. announced that they will report Q1, 2021 results on Feb 12, 2021 Is New 90 Day High Low • Nov 16
New 90-day low: JP¥4,060 The company is down 16% from its price of JP¥4,825 on 18 August 2020. The Japanese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 6.0% over the same period. Reported Earnings • Nov 15
Full year 2020 earnings released: EPS JP¥44.92 The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: JP¥9.35b (up 26% from FY 2019). Net income: JP¥407.0m (up JP¥386.0m from FY 2019). Profit margin: 4.4% (up from 0.3% in FY 2019). The increase in margin was driven by higher revenue. Analyst Estimate Surprise Post Earnings • Nov 15
Revenue beats expectations, earnings disappoint Revenue exceeded analyst estimates by 1.7%. Earnings per share (EPS) missed analyst estimates by 41%. Over the next year, revenue is forecast to grow 11%, compared to a 8.8% growth forecast for the IT industry in Japan. Announcement • Nov 15
Speee, Inc., Annual General Meeting, Dec 18, 2020 Speee, Inc., Annual General Meeting, Dec 18, 2020. Announcement • Oct 04
Speee, Inc. to Report Fiscal Year 2020 Results on Nov 13, 2020 Speee, Inc. announced that they will report fiscal year 2020 results on Nov 13, 2020 Announcement • Jul 26
Speee, Inc. to Report Q3, 2020 Results on Aug 11, 2020 Speee, Inc. announced that they will report Q3, 2020 results on Aug 11, 2020