Q1
INVESTOR PRESENTATIONFinancial Results for the First Quarter of the Fiscal Year 2025
Gurunavi, Inc. （Stock Code : 2440）
- Sales was largely in line with plan
- Each profit was relatively strong against the plan
- In addition to steady increase in ARPU, the number of member restaurants with monthly-type fee contract increased slightly
ARPU and number of member restaurants
Plan to increase income each quarter
FY2025 | FY2025 (forecast) | |||
Q1 (result) | 1st half | 2nd half | Full-year | |
Net sales | 3,081 | 6,520 | 8,380 | 14,900 |
Operating income | 25 | 60 | 240 | 300 |
Ordinary income * | 23 | 22 | 188 | 210 |
Net income attributable to owners of parent | 51 | 49 | 185 | 234 |
Basic income per share (JPY) | 0.90 | 0.87 | 3.28 | 4.15 |
(JPY million)
* Due to the turnaround in profitability, the interest rate for long-term borrowings of JPY 2.2 billion (procured August 2022) will increase, and interest payments will be incurred on short-term borrowings of JPY 1.2 billion (procured February 2025).
Q1 results
The small income resulted from increase in personnel expenses (incl. hiring costs) due to enhanced recruitment to strengthen the restaurant support business, as well as an increase depreciation and costs related to sales of Promotions, both of which were low in Q1 the previous fiscal year
＜Total number of consolidated personnel＞
FY2024 Q1: 854 → FY2025 Q1: 908 (+54) (Note: including executives and part-time workers, excluding employees seconded to other companies)
Future Prospect
From the second quarter onward, generate and expand on results from the strengthening of personnel structure, and enhance the growth potential of the restaurant support business through full contribution next period
Net sales | JPY | 3,081 million | 7.0 % | YoY |
Operating income | JPY | 25 million | (82.2) % | YoY |
Net income attributable to owners of parent * | JPY | 51 million | (55.5) % | YoY |
Cumulative retained services ARPU (As of Q1 FY2025) | JPY | 23,715 | 8.1 % | YoY |
Number of member restaurants with monthly-type fee contract (At the end of June 2025) | 33,442 | 0.4 % | YoY | |
Number of Rakuten ID connected members (At the end of June 2025) | 10.33 million | 13.7 % | YoY |
* Recorded a gain on sale of investment securities of JPY 30 million as an extraordinary income
（JPY million） | Q1 FY2024 (Apr.-June) | Ratio to sales | Q1 FY2025 (Apr.-June) | Ratio to sales | YoY |
Net sales | 2,879 | 100.0% | 3,081 | 100.0% | 7.0% |
Cost of sales Gross profit | 896 1,983 | 31.1% 68.9% | 1,183 1,898 | 38.4% 61.6% | 31.9% (4.3)% |
SG&A expenses | 1,838 | 63.8% | 1,872 | 60.8% | 1.8% |
Operating income | 144 | 5.0% | 25 | 0.8% | (82.2)% |
Ordinary income Net income before income taxes | 130 129 | 4.5% 4.5% | 23 54* | 0.8% 1.8% | (82.0)% (58.3)% |
Net income attributable to owners of parent | 115 | 4.0% | 51 | 1.7% | (55.5)% |
* Recorded a gain on sale of investment securities of JPY 30 million as an extraordinary income