GRCS Third Quarter 2024 Earnings: JP¥26.61 loss per share (vs JP¥39.72 loss in 3Q 2023)
GRCS (TSE:9250) Third Quarter 2024 Results
Key Financial Results
- Revenue: JP¥811.6m (up 19% from 3Q 2023).
- Net loss: JP¥35.9m (loss narrowed by 30% from 3Q 2023).
- JP¥26.61 loss per share (improved from JP¥39.72 loss in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
GRCS Earnings Insights
Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Software industry in Japan.
Performance of the Japanese Software industry.
The company's shares are down 4.7% from a week ago.
Risk Analysis
It's still necessary to consider the ever-present spectre of investment risk. We've identified 3 warning signs with GRCS, and understanding these should be part of your investment process.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About TSE:9250
GRCS
Engages in the provision of Governance, Risk, and Compliance (GRC) software, as well as security products in Japan and internationally.
Undervalued with excellent balance sheet.
