On the 15th, BeeX <4270> announced its financial results for the second quarter of the fiscal year ending February 2025 (March to August 24). Revenue increased by 24.9% year-on-year to 4.478 billion yen, operating profit increased by 21.4% to 0.387 billion yen, ordinary profit increased by 19.9% to 0.396 billion yen, and interim net profit increased by 21.0% to 0.275 billion yen.
In the interim accounting period, revenue from the Cloud Integration segment contributed from the follow-up phases of large projects acquired in the previous period, as well as revenue from large projects for government agencies, additional orders from existing customers, and new project acquisitions from new customers. Cloud Integration revenue increased by 37.3% year-on-year to 1.489 billion yen. In the MSP segment, the number of trading partners remained strong with the acquisition of new customers, resulting in a 19.8% increase in MSP revenue to 0.441 billion yen. Cloud License Resale revenue increased by 19.4% to 2.548 billion yen, due to a smooth increase in new contract numbers and a favorable exchange rate trend.
For the full fiscal year ending February 2025, the company maintains its initial plan with revenue of 9.47 billion yen, up 23.0% from the previous year, operating profit of 0.65 billion yen, up 8.5% YoY, ordinary profit of 0.648 billion yen, up 5.3% YoY, and net income of 0.468 billion yen, up 6.2% YoY.
