oRo (3983) Q4 2024 earnings summary

Executive summary

• FY2024/12 revenue reached 7,899 million yen, up 12.3% year-over-year; operating profit was 2,720 million yen, up 6.8% year-over-year; net income attributable to owners rose 12.9% to 2,072 million yen.

• Cloud Solutions and Marketing Solutions both contributed to growth, with flagship products ZAC and Reforma PSA performing strongly.

• Dividend per share for FY2024/12 set at 35.00 yen, up 5.00 yen from previous year; FY2025/12 forecast is 50.00 yen.

• 500 million yen share repurchase executed in FY2024.

Financial highlights

• Consolidated revenue: 7,899 million yen (+12.3% YoY); operating profit: 2,720 million yen (+6.8% YoY); net income attributable to owners: 2,072 million yen (+12.9% YoY).

• Gross profit margin improved to 66.8%; operating margin at 34.4%.

• Total assets: 13,590 million yen (+1,217 million yen YoY); equity: 10,282 million yen.

• Cash and cash equivalents increased by 1,195 million yen to 9,903 million yen.

• Cash flow from operating activities: 2,491 million yen; investing: -164 million yen; financing: -1,184 million yen.

Outlook and guidance

• FY2025/12 revenue forecast: 9,142 million yen (+15.7% YoY); operating profit: 2,985 million yen (+9.7% YoY); net income forecast: 2,099 million yen; EPS: 131.80 yen.

• Cloud Solutions revenue expected to grow 20.9% in FY2025/12; Marketing Solutions revenue to rise 7.2%.

• Operating margin expected to remain above 30% through FY2027/12; ROE projected at 20% or more.

• Cloud Solutions recurring revenue growth to accelerate from FY2026/12 as SaaS-type contracts become standard.

• Annual dividend planned at 50 yen per share for FY2025.