SOURCENEXT CORPORATION FY2025 Q2 Earnings Report | IR Tracker

SOURCENEXT CORPORATION FY2025 Q2 Earnings Report | IR Tracker

Financial Highlights

Net Sales: ¥5.92B
Operating Income: ¥-985M
Net Income: ¥-1.11B
EPS: ¥-5.53

Income Statement

Item	Current	Prior	YoY %
Net Sales	¥5.92B	¥5.18B	+14.1%
Cost of Sales	¥2.81B	¥2.56B	+9.6%
Gross Profit	¥3.11B	¥2.62B	+18.5%
SG&A Expenses	¥4.10B	¥4.23B	-3.2%
Operating Income	¥-985M	¥-1.61B	+38.8%
Non-operating Income	¥21M	¥12M	+73.4%
Non-operating Expenses	¥163M	¥228M	-28.5%
Ordinary Income	¥-1.13B	¥-1.82B	+38.2%
Profit Before Tax	¥-1.11B	¥-1.71B	+35.1%
Income Tax Expense	¥5M	¥205M	-97.6%
Net Income	¥-1.11B	¥-1.91B	+41.8%
Net Income Attributable to Owners	¥-764M	¥-1.68B	+54.6%
Total Comprehensive Income	¥-1.05B	¥-2.45B	+57.1%
Depreciation & Amortization	¥220M	¥211M	+4.2%
Interest Expense	¥43M	¥36M	+17.4%
Basic EPS	¥-5.53	¥-12.40	+55.4%
Dividend Per Share	¥0.00	¥0.00	-

Balance Sheet

Item	Current End	Prior End	Change
Current Assets	¥9.94B	¥11.34B	¥-1.41B
Cash and Deposits	¥4.75B	¥6.01B	¥-1.26B
Accounts Receivable	¥1.52B	¥1.55B	¥-32M
Inventories	¥2.74B	¥2.65B	+¥98M
Non-current Assets	¥5.63B	¥5.87B	¥-241M

Cash Flow Statement

Item	Current	Prior	Change
Operating Cash Flow	¥167M	¥-527M	+¥694M
Investing Cash Flow	¥-641M	¥-699M	+¥58M
Financing Cash Flow	¥-797M	¥1.53B	¥-2.33B
Free Cash Flow	¥-474M	-	-

Profitability Ratios

Item	Value
Book Value Per Share	¥48.97
Net Profit Margin	-12.9%
Gross Profit Margin	52.6%
Current Ratio	177.0%
Quick Ratio	128.1%
Debt-to-Equity Ratio	0.86x
Interest Coverage Ratio	-23.00x
EBITDA Margin	-12.9%
Effective Tax Rate	-0.4%

Year-over-Year Comparison

Item	YoY Change
Net Sales YoY Change	+14.1%

Item	Value
Shares Outstanding (incl. Treasury)	139.11M shares
Treasury Stock	800K shares
Average Shares Outstanding	138.31M shares
Book Value Per Share	¥60.39
EBITDA	¥-765M

Dividend Information

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