User Local,Inc. FY2023 Q3 Earnings Report | IR Tracker

User Local,Inc. FY2023 Q3 Earnings Report | IR Tracker

Financial Highlights

Net Sales: ¥2.41B
Operating Income: ¥1.03B
Net Income: ¥635M
EPS: ¥39.80

Income Statement

Item	Current	Prior	YoY %
Net Sales	¥2.41B	¥1.95B	+23.4%
Cost of Sales	¥167M	¥147M	+13.4%
Gross Profit	¥2.24B	¥1.81B	+24.2%
SG&A Expenses	¥1.21B	¥991M	+21.9%
Operating Income	¥1.03B	¥813M	+27.1%
Non-operating Income	¥78,000	¥55,000	+41.8%
Non-operating Expenses	¥14M	¥2M	+536.7%
Ordinary Income	¥1.02B	¥811M	+25.6%
Profit Before Tax	¥919M	¥810M	+13.4%
Income Tax Expense	¥283M	¥250M	+13.5%
Net Income	¥635M	¥560M	+13.4%
Basic EPS	¥39.80	¥35.29	+12.8%
Diluted EPS	¥39.39	¥34.73	+13.4%
Dividend Per Share	¥0.00	¥0.00	-

Balance Sheet

Item	Current End	Prior End	Change
Current Assets	¥6.19B	¥5.72B	+¥467M
Cash and Deposits	¥5.74B	¥5.32B	+¥419M
Accounts Receivable	¥201M	¥172M	+¥28M
Non-current Assets	¥394M	¥517M	¥-123M
Property, Plant & Equipment	¥48M	¥51M	¥-3M

Profitability Ratios

Item	Value
Net Profit Margin	26.4%
Gross Profit Margin	93.1%
Current Ratio	943.3%
Quick Ratio	943.3%
Debt-to-Equity Ratio	0.11x
Effective Tax Rate	30.8%

Year-over-Year Comparison

Item	YoY Change
Net Sales YoY Change	+23.4%
Operating Income YoY Change	+27.0%
Ordinary Income YoY Change	+25.6%
Profit Before Tax YoY Change	+13.4%
Net Income YoY Change	+13.4%

Item	Value
Shares Outstanding (incl. Treasury)	16.08M shares
Treasury Stock	188K shares
Average Shares Outstanding	15.97M shares
Book Value Per Share	¥372.87

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	¥51.16
Dividend Per Share Forecast	¥4.00