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AnyMind Group

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AnyMind Group releases Q4 2023 and full-year earnings and 2024 earnings forecast

The company exceeded FY2023 earning forecasts, clocking year-on-year growth of 35% in revenue, 37% in gross profit and 2,354% in operating profit

AnyMind Group [TSE:5027], a technology company for the business supply chain, has today announced its financial results for the fourth quarter of fiscal year 2023. Please see below for some highlights pertaining to the company’s Q4 2023 earnings disclosure.

  • For the full financial year of 2023, revenue increased 35% YoY to ¥33.4 billion, gross profit increased 37% YoY to ¥12.6 billion, operating profit increased 2,354% YoY to ¥747 million, adjusted EBITDA increased 85% YoY to ¥1.8 billion
  • For the full financial year of 2023, the company met and exceeded its revenue (101%), gross profit (104%) and operating profit (155%) forecasts, which were first released on March 29, 2023, and revised upwards as of September 25, 2023
  • For Q4 2023, revenue increased 39% year-on-year (YoY) to ¥10.5 billion, gross profit increased by 38% YoY to ¥3.9 billion, operating profit increased 60% YoY to ¥416 million, adjusted EBITDA increased 48% YoY to ¥735 million
  • For Q4 2023, growth in gross profit continued across the company’s three main business units: Marketing Platforms (+29% YoY to ¥1.9 billion), Partner Growth Platforms (+43% YoY to ¥1.1 billion), and D2C Platforms (+63% YoY to ¥752 million)
  • For the full financial year of 2024, the company has published a forecast of a 36% YoY increase in revenue to ¥45.4 billion, a 30% YoY increase in gross profit to ¥16.5 billion, and a 67% YoY increase in operating income to ¥1.25 billion

Further information can be found on the investor relations site, along with disclosure materials: Q4 2023 earnings presentation, Q4 2023 financial report.

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