Macbee Planet (7095) Q4 2024 earnings summary

Executive summary

• Sales and revenue more than doubled year-over-year, reaching ¥39,405 million, surpassing medium-term plan targets and laying groundwork for future expansion.

• Growth was driven by the acquisition and consolidation of All Ads, organic expansion at MAVEL, and robust new/expanded contracts in LTV Marketing.

• Strategic initiatives included PR firm acquisition, shift to next-gen internet advertising, increased M&A activity, and transition to a holding company structure.

• Net assets increased by ¥1,863 million year-over-year, reflecting strong profit and capital increases despite dividend and share buyback outflows.

• Completed a public offering and 4-for-1 stock split to strengthen the financial base and broaden the investor base.

Financial highlights

• FY4/24 sales reached ¥39,405mn, up 101% year-over-year; EBITDA rose 112% to ¥4,904mn; operating profit increased 104% to ¥4,418mn; OP margin improved to 11.2%.

• Net income rose 45.7% to ¥2,282mn; EPS increased to ¥158.77 from ¥120.55.

• Q4 sales grew 88% year-over-year and 4% sequentially, with strong performance in finance, medical, and human talent sectors.

• Cash and equivalents at year-end: ¥11,327mn, up ¥1,664mn from prior year.

• Gross profit per consultant and annual revenue per customer both improved post-consolidation.

Outlook and guidance

• FY4/25 sales forecast at ¥48,000mn (+21.8% YoY); operating profit projected at ¥4,500–5,000mn (+23–36% YoY); net income expected ¥2,720–3,070mn (+19.1–34.5% YoY).

• Medium-term plan targets 20–30% annual sales and profit growth, excluding major M&A.

• Up to ¥0.5bn to be invested in PR to boost awareness and recruitment.