User Local,Inc. FY2022 Q1 Earnings Report | IR Tracker

User Local,Inc. FY2022 Q1 Earnings Report | IR Tracker

Financial Highlights

Net Sales: ¥611M
Operating Income: ¥260M
Net Income: ¥178M
EPS: ¥11.26

Income Statement

Item	Current	Prior	YoY %
Net Sales	¥611M	¥466M	+31.1%
Cost of Sales	¥46M	¥48M	-3.7%
Gross Profit	¥565M	¥419M	+34.8%
SG&A Expenses	¥305M	¥206M	+47.7%
Operating Income	¥260M	¥212M	+22.6%
Non-operating Income	¥21,000	¥20,000	+5.0%
Non-operating Expenses	¥1M	¥0	-
Ordinary Income	¥258M	¥212M	+21.7%
Profit Before Tax	¥257M	¥213M	+21.1%
Income Tax Expense	¥79M	¥80M	-1.6%
Net Income	¥178M	¥132M	+34.8%
Basic EPS	¥11.26	¥8.48	+32.8%
Diluted EPS	¥11.05	¥8.23	+34.3%
Dividend Per Share	¥0.00	¥0.00	-

Balance Sheet

Item	Current End	Prior End	Change
Current Assets	¥4.93B	¥4.94B	¥-5M
Cash and Deposits	¥4.66B	¥4.70B	¥-35M
Accounts Receivable	¥140M	¥129M	+¥11M
Non-current Assets	¥401M	¥338M	+¥63M
Property, Plant & Equipment	¥54M	¥60M	¥-7M

Profitability Ratios

Item	Value
Net Profit Margin	29.1%
Gross Profit Margin	92.4%
Current Ratio	1028.0%
Quick Ratio	1028.0%
Debt-to-Equity Ratio	0.10x
Effective Tax Rate	30.8%

Year-over-Year Comparison

Item	YoY Change
Net Sales YoY Change	+30.9%
Operating Income YoY Change	+22.3%
Ordinary Income YoY Change	+21.8%
Profit Before Tax YoY Change	+21.1%
Net Income YoY Change	+34.9%

Item	Value
Shares Outstanding (incl. Treasury)	15.92M shares
Treasury Stock	84K shares
Average Shares Outstanding	15.83M shares
Book Value Per Share	¥306.50

Dividend Information

Item	Amount
Q2 Dividend	¥0.00
Year-End Dividend	¥5.00

Full Year Forecast

Item	Forecast
Net Sales Forecast	¥2.50B
Operating Income Forecast	¥984M
Ordinary Income Forecast	¥984M
Net Income Forecast	¥679M
Basic EPS Forecast	¥42.92
Dividend Per Share Forecast	¥0.00