User Local,Inc. FY2023 Q1 Earnings Report | IR Tracker

User Local,Inc. FY2023 Q1 Earnings Report | IR Tracker

Financial Highlights

Net Sales: ¥763M
Operating Income: ¥316M
Net Income: ¥215M
EPS: ¥13.45

Income Statement

Item	Current	Prior	YoY %
Net Sales	¥763M	¥611M	+24.9%
Cost of Sales	¥53M	¥46M	+15.3%
Gross Profit	¥710M	¥565M	+25.8%
SG&A Expenses	¥394M	¥305M	+29.5%
Operating Income	¥316M	¥260M	+21.5%
Non-operating Income	¥28,000	¥21,000	+33.3%
Non-operating Expenses	¥5M	¥1M	+280.6%
Ordinary Income	¥311M	¥258M	+20.5%
Profit Before Tax	¥311M	¥257M	+21.0%
Income Tax Expense	¥96M	¥79M	+21.2%
Net Income	¥215M	¥178M	+20.8%
Basic EPS	¥13.45	¥11.26	+19.4%
Diluted EPS	¥13.31	¥11.05	+20.5%
Dividend Per Share	¥0.00	¥0.00	-

Balance Sheet

Item	Current End	Prior End	Change
Current Assets	¥5.77B	¥5.72B	+¥52M
Cash and Deposits	¥5.39B	¥5.32B	+¥74M
Accounts Receivable	¥179M	¥172M	+¥6M
Non-current Assets	¥507M	¥517M	¥-11M
Property, Plant & Equipment	¥59M	¥51M	+¥8M

Profitability Ratios

Item	Value
Net Profit Margin	28.2%
Gross Profit Margin	93.1%
Current Ratio	1020.0%
Quick Ratio	1020.0%
Debt-to-Equity Ratio	0.10x
Effective Tax Rate	30.8%

Year-over-Year Comparison

Item	YoY Change
Net Sales YoY Change	+25.0%
Operating Income YoY Change	+21.5%
Ordinary Income YoY Change	+20.3%
Profit Before Tax YoY Change	+21.0%
Net Income YoY Change	+20.9%

Item	Value
Shares Outstanding (incl. Treasury)	16.05M shares
Treasury Stock	27K shares
Average Shares Outstanding	16.02M shares
Book Value Per Share	¥356.54

Dividend Information

Item	Amount
Q2 Dividend	¥0.00
Year-End Dividend	¥3.00

Full Year Forecast

Item	Forecast
Net Sales Forecast	¥3.24B
Operating Income Forecast	¥1.18B
Ordinary Income Forecast	¥1.18B
Net Income Forecast	¥813M
Basic EPS Forecast	¥50.74
Dividend Per Share Forecast	¥0.00