Logizard <4391> announced on the 14th its financial results for the first quarter of the fiscal year ending in June 2025 (July-September 2024). Revenue increased by 9.2% year-on-year to 0.546 billion yen, operating profit rose by 3.0% to 0.115 billion yen, recurring profit grew by 3.3% to 0.115 billion yen, and net income increased by 2.3% to 0.085 billion yen.
Cloud play generated revenue of 0.42 billion yen (a 9.6% increase year-on-year). The growth was steady due to an increase in new trade partners, among other factors.
Development and implementation services brought in revenue of 0.096 billion yen (an increase of 3.6% year-on-year). There were orders for large projects and ongoing projects from existing trade partners.
Equipment sales services achieved revenue of 0.029 billion yen (a 26.4% increase year-on-year). Sales of supplies such as dedicated printers and forms progressed smoothly.
Regarding the full-year financial estimates for the fiscal year ending in June 2025, the initial plan remains unchanged, projecting revenue to increase by 12.0% year-on-year to 2.214 billion yen, operating profit to rise by 15.6% to 0.4 billion yen, recurring profit to grow by 15.6% to 0.4 billion yen, and net income to increase by 11.3% to 0.281 billion yen.