VRAIN Solution (135A) Q1 2025 earnings summary

Executive summary

• Focused on AI and IoT-based solutions to support automation and digitalization in manufacturing, including DX consulting.

• Achieved business expansion through repeat orders and new client acquisitions, reaching 180 client companies (+11 from previous period).

• Opened Osaka sales office to strengthen on-site sales and address customer demand.

• Q1 cumulative order backlog stood at ¥358 million.

Financial highlights

• Q1 FY2025 revenue was ¥366 million, up 24.5% year-over-year; operating income was ¥63 million, down 42.0% year-over-year.

• Gross profit reached ¥263 million, a 7.8% increase year-over-year; SG&A expenses were ¥199 million.

• Net income for the quarter was ¥44 million, down 39.4% year-over-year.

• EPS for Q1: ¥4.31.

• Recurring customers contributed 68.9% of total sales.

Outlook and guidance

• Full-year revenue forecast is ¥2,115 million, with operating and ordinary income projected at ¥771 million, and net income at ¥534 million.

• 1Q performance was largely on plan; multiple large-scale projects expected to drive results from 2Q onward.

• Expansion into new industries and product lines, with a focus on cross-selling and multi-site deployments.

• Guidance based on currently available information; actual results may differ due to various factors.