Intelligent Wave Inc.TSE: 4847

Financial Results for Q3 FY06/23, presentation

May 12, 2023 at 8:52 AM UTC · Issued by Intelligent Wave Inc.

Financial Results for Q3 FY06/23

(July 1 to March 31, 2023)

[Non-Consolidated]

Intelligent Wave Inc.

Announced on May 12, 2023

Financial Results Q3 FY06/23

Key initiatives in Q3 FY06/23

Forecast for FY06/23

Reference

Overview (1/2)

In the last 20 years, both sales and profits reached record highs.

Orders on hand increased, particularly for Cloud services, exceeding a record high of 10 billion.

						Million yen

	Q3 FY06/22		Q3 FY06/23		Change（YoY）

Net sales	7,834	9,896		＋2,062	＋26.3%

Operating income	943	1,136		＋193	＋20.5%

Ordinary income	964	1,157	+193	＋20.0%

Net income	658	780	+122	+18.5%
					＋113	＋1.0％

Amount of orders	11,768		11,881

Orders on hand	9,268		11,548		＋2,280	＋24.6％

Overview (2/2)

In this fiscal year, there were FEP renewal projects in 1Q, and both sales and income grew. Cumulative 3Q sales and profits increased year on year. In 4Q, we expect further increases in net sales from System Development, Cloud services, etc.

Net Sales

Operating income

Million yen

■ …FY06/22 ■ …FY06/23						■ …FY06/22	■ …FY06/23
4,000							600						576
3,646					3,658

		3,143	3,106		500		483					464
3,000					2,947



		2,635					400			352
2,251
										319	332

2,000
						300
							200
1,000								126
							100
0							0

1Q	2Q	3Q	4Q	1Q		2Q		3Q	4Q

* FEP(Front-End Processor)system：Hardware and software with network connectivity, card usage authentication, and other functions required for credit card payment processing.

Sales by categories

(＋) "Hardware" increased due to FEP system* renewal for existing customers, "cloud services" increased, "system development" increased due to large projects for a credit card company.

(△) "In-house products & Services" decreased mainly due to several license sales of in-house products in the previous fiscal year.

				Million yen
	Q3 FY06/22	Q3 FY06/23	Change（YoY）

Net Sales	7,834		＋2,062	＋26.3%
9,896
Payment & Finance	6,284	7,743	+1,459	＋23.2%

System Development	3,643	4,314	+671	＋18.4%

Maintenance	1,107	1,230	+123	+11.1%

In-house Products & Services	482	315	△167	△34.6%

Third-party products &	1,050	1,882	+832	＋79.2%
Services (Hardware, etc.)


Cloud Services	793	1,351	+558	＋70.4%

Security	756	801	+45	+6.0%

*The registration of categories has been partially revised from the previous fiscal year, and figures for new categories are disclosed.

* FEP(Front-End Processor)system：Hardware and software with network connectivity, card usage authentication, and other functions required for credit card payment processing.