Predictable Recurring Revenue and EBITDA Growth
First written in FY2019. 17 of 29 entries say "Advanced", first in FY2020-Q1. Latest entry: 2026-09-17.
No other company in this theme has enough history to compare yet.
- FY2026AdvancedAnnual report
「Consolidated fiscal-year EBITDA was ¥1,437 million, compared with negative ¥711 million in the previous fiscal year, representing a substantial recovery to a level above ¥1 billion.」
As a result of restructuring the revenue model through a focus on core businesses, EBITDA recovered from negative in the previous fiscal year to ¥1,437 million. - FY2026-H1AdvancedAnnual report
「For the interim consolidated accounting period, revenue was ¥4,299 million, down 9.1% year on year, operating profit was ¥201 million, compared with operating loss of ¥252 million in the previous interim consolidated accounting period, ordinary profit was ¥126 million, compared with ordinary loss of ¥290 million, interim net income attributable to owners of the parent was ¥179 million, compared with interim net loss attributable to owners of the parent of ¥293 million, and EBITDA, defined as operating profit plus depreciation and amortization of goodwill, was ¥611 million, up 88.0% year on year.」
The Company returned to profitability from operating and ordinary losses in the previous year, while EBITDA rose 88.0% year on year to ¥611 million. Recurring revenue with a high degree of repeatability expanded, supporting an earnings recovery. - FY2025WorsenedAnnual report
「Revenue was ¥10,549 million, up 6.3% year on year, operating loss was ¥1,911 million, ordinary loss was ¥1,993 million, net loss for the year attributable to owners of the parent was ¥5,526 million, and EBITDA, which the Group regards as one of its key indicators of continued growth, was negative ¥711 million.」
Although revenue increased, operating, ordinary and net losses widened, and EBITDA deteriorated from ¥493 million in the previous fiscal year to negative ¥711 million. - FY2025-H1Revenue continued to grow in the first half, but losses and EBITDA deterioratedAnnual report
「For the interim consolidated accounting period, revenue was ¥4,729 million, up 5.1% year on year, operating loss was ¥252 million, compared with operating loss of ¥241 million in the previous interim consolidated accounting period, ordinary loss was ¥290 million, compared with ordinary loss of ¥275 million, interim net loss attributable to owners of the parent was ¥293 million, compared with interim net loss attributable to owners of the parent of ¥231 million, and EBITDA, defined as operating profit plus depreciation and amortization of goodwill, was ¥325 million, down 4.6% year on year.」
In the first half, revenue increased year on year, while operating loss, ordinary loss and interim net loss attributable to owners of the parent widened, and EBITDA also declined year on year. - FY2024Record-high revenue alongside lower earnings and EBITDAAnnual report
「For the consolidated fiscal year, revenue was ¥9,920 million, up 45.1% year on year, operating loss was ¥700 million, compared with operating profit of ¥112 million in the previous fiscal year, ordinary loss was ¥791 million, compared with ordinary loss of ¥208 million, and net loss for the year attributable to owners of the parent was ¥1,181 million, compared with net income attributable to owners of the parent of ¥726 million. EBITDA, which the Group regards as one of its key indicators of continued growth and defines as operating profit plus depreciation and amortization of goodwill, was ¥493 million, down 51.7% year on year.」
Although revenue reached a record high, operating and net losses were recorded due to upfront investments and delays in the recovery of advertising rates, among other factors, while EBITDA fell 51.7% year on year. - FY2024-Q3Declines in earnings and EBITDA due to continued upfront investmentAnnual report
「For the first nine months of the fiscal year, revenue was ¥7,126 million, up 66.3% year on year, operating loss was ¥320 million, compared with operating profit of ¥167 million in the first nine months of the previous fiscal year, ordinary loss was ¥367 million, compared with ordinary loss of ¥114 million, and net loss for the period attributable to owners of the parent was ¥204 million, compared with net loss attributable to owners of the parent of ¥235 million. EBITDA, defined as operating profit plus depreciation and amortization of goodwill, was ¥559 million, down 24.5% year on year.」
Although revenue increased substantially, operating and ordinary losses continued, and EBITDA fell 24.5% year on year to ¥559 million. Upfront investment in revenue diversification and new businesses continued to pressure earnings in the short term. - FY2024-Q2Earnings and EBITDA continued to decline during the recoveryAnnual report
「For the first six months of the fiscal year, revenue was ¥4,500 million, up 58.4% year on year, operating loss was ¥241 million, compared with operating profit of ¥162 million in the first six months of the previous fiscal year, ordinary loss was ¥275 million, compared with ordinary profit of ¥83 million, and net loss for the interim period attributable to owners of the parent was ¥224 million, compared with interim net income of ¥5 million. EBITDA, defined as operating profit plus depreciation and amortization of goodwill, was ¥341 million, down 35.7% year on year.」
Revenue increased through the consolidation of 株式会社ライブドア and other contributions, while operating and ordinary losses were recorded and EBITDA fell 35.7% year on year. - FY2024-Q1EBITDA continued to decline despite being on a V-shaped recovery pathAnnual report
「For the first three months of the fiscal year, revenue was ¥2,243 million, up 62.5% year on year, operating loss was ¥157 million, ordinary loss was ¥175 million, and net loss for the quarter attributable to owners of the parent was ¥165 million. EBITDA, which the Group regards as one of its key indicators of continued growth, was ¥144 million, down 47.4% year on year.」
Revenue increased through the consolidation of 株式会社ライブドア, while an operating loss was recorded and EBITDA fell 47.4% year on year. - FY2023Record-high revenue alongside lower EBITDAAnnual report
「Revenue reached a record high despite the Media Business being affected by the global slowdown in the advertising market, particularly in ad-network advertising, and by lower performance-based advertising revenue following changes to web search engine specifications. This was more than offset by the contribution from making 株式会社ライブドア a consolidated subsidiary and continued steady growth in the Solutions Business. Operating profit, however, declined substantially year on year due to short-term earnings pressure, including a deterioration in the sales mix in the Solutions Business and upfront investments in workforce expansion, new service launches, initial development associated with service expansion, and data and licensing costs, all undertaken to accelerate medium-term growth.」
Revenue reached a record high, while operating profit and EBITDA declined due to upfront investments and a deterioration in the sales mix, resulting in the coexistence of expanding recurring revenue and short-term earnings pressure. - FY2023-Q3Declines in earnings and EBITDA due to upfront investment and post-acquisition costsAnnual report
「For the first nine months of the fiscal year, revenue was ¥4,285 million, up 18.6% year on year, operating profit was ¥167 million, down 59.2%, ordinary loss was ¥114 million, compared with ordinary profit of ¥367 million in the first nine months of the previous fiscal year, and net loss for the quarter attributable to owners of the parent was ¥235 million, compared with net income attributable to owners of the parent of ¥204 million in the first nine months of the previous fiscal year. EBITDA, which the Group regards as one of its key indicators of continued growth and defines as operating profit plus depreciation and amortization of goodwill, was ¥741 million, down 17.4% year on year.」
Although revenue increased, operating profit, ordinary profit, profit attributable to owners of the parent and EBITDA all declined, as short-term earnings pressure from upfront investments and acquisition-related costs continued. - FY2023-Q2Short-term earnings pressure from upfront investmentAnnual report
「Although the Company has been actively making upfront investments, including expanding its workforce, launching new services and undertaking initial development associated with service expansion to accelerate medium-term growth, as well as incurring depreciation of internally developed software assets associated with service launches, these investments have pressured earnings in the short term. Nevertheless, revenue in both the Media Business and Solutions Business expanded steadily year on year, and the Company continued to grow at a solid pace, progressing largely in line with its initial plan for the fiscal year.」
EBITDA was ¥530 million, down 15.1% year on year, due to upfront investments in workforce expansion, new service launches and initial development, as well as depreciation. Meanwhile, revenue increased in both businesses, and progress was described as being in line with the initial plan for the fiscal year. - FY2023-Q1AdvancedAnnual report
「EBITDA, which the Group considers an important indicator of sustained growth (operating income + depreciation and amortization + amortization of goodwill), was ¥274.240 million, up 1.3% year on year.」
With the aim of expanding recurring revenue and EBITDA, first-quarter EBITDA was ¥274 million, up 1.3% year on year. Segment information showed stock revenue of ¥603 million in the Solutions Business. - FY2022AdvancedAnnual report
「During the consolidated fiscal year, subscription-based revenue, a robust revenue base, grew substantially by 53% year on year. This figure, comprising monthly subscription revenue from the Media Business and monthly usage fees from the Solutions Business, continued to account for a solid 45.1% of total revenue.」
Subscription-based revenue rose 53% year on year to 45.1% of total revenue, clearly demonstrating the expansion of recurring revenue. - FY2022-Q3AdvancedAnnual report
「For the cumulative third quarter, revenue was ¥3,614.388 million, up 31.2% year on year, operating income was ¥409.555 million, up 5.1%, ordinary income was ¥367.314 million, down 1.2%, and quarterly net income attributable to owners of the parent was ¥203.757 million, up 11.6%. EBITDA, which the Group considers an important indicator of sustained growth (operating income + depreciation and amortization + amortization of goodwill), was ¥897.179 million, up 18.2%.」
While pursuing sustained EBITDA growth, EBITDA for the cumulative third quarter was ¥897.179 million, up 18.2% year on year. - FY2022-Q2AdvancedAnnual report
「For the cumulative second quarter, revenue was ¥2,427.292 million, up 37.4% year on year, operating income was ¥304.312 million, up 15.8%, ordinary income was ¥265.166 million, up 7.1%, and quarterly net income attributable to owners of the parent was ¥149.539 million, up 13.9%. EBITDA, which the Group considers an important indicator of sustained growth (operating income + depreciation and amortization + amortization of goodwill), was ¥623.943 million, up 24.5%.」
Under its policy of pursuing sustained EBITDA growth, EBITDA for the cumulative second quarter was ¥623.943 million, up 24.5% year on year. - FY2022-Q1AdvancedAnnual report
「EBITDA, which the Group considers an important indicator of sustained growth (operating income + depreciation and amortization + amortization of goodwill), was ¥270.785 million, up 17.6% year on year.」
Under its policy of pursuing recurring revenue and EBITDA growth, EBITDA for the first quarter was ¥270.785 million, up 17.6% year on year. - FY2021AdvancedAnnual report
「In its current business areas, the Group seeks to control variable costs, establish a cost structure centered on fixed costs including depreciation and amortization, and generate highly predictable recurring revenue. EBITDA, which it considers important (operating income + depreciation and amortization + amortization of goodwill), was ¥1,280.309 million for the fiscal year. The Group continues to operate its businesses with the aim of expanding EBITDA on a sustained basis.」
Under its policy of pursuing recurring revenue and a cost structure centered on fixed costs, EBITDA was ¥1,280.309 million, up 48.6% year on year. - FY2021-Q3AdvancedAnnual report
「For the cumulative third quarter, revenue was ¥2,754.198 million, up 59.8% year on year, operating income was ¥389.863 million, up 78.9%, ordinary income was ¥371.714 million, up 74.7%, and quarterly net income attributable to owners of the parent was ¥182.517 million, up 30.1%. EBITDA, which the Group considers an important indicator of sustained growth (operating income + depreciation and amortization + amortization of goodwill), was ¥759.300 million, up 71.4%.」
With the policy of pursuing sustained EBITDA growth, EBITDA for the cumulative third quarter was ¥759.300 million, up 71.4% year on year. - FY2020AdvancedAnnual report
「In its current business areas, the Group seeks to control variable costs, establish a cost structure centered on fixed costs including depreciation and amortization, and generate highly predictable recurring revenue. EBITDA, which it considers important (operating income + depreciation and amortization + amortization of goodwill), was ¥861.421 million for the fiscal year. The Group continues to operate its businesses with the aim of expanding EBITDA on a sustained basis.」
Under its policy of pursuing recurring revenue and a cost structure centered on fixed costs, EBITDA was ¥861.421 million. - FY2020-Q3AdvancedAnnual report
「Recurring revenue, primarily from monthly fees, grew steadily to ¥626.543 million.」
Recurring revenue, primarily from monthly fees, grew to ¥626.543 million, with recurring subscription revenue continuing to build. - FY2020-Q2AdvancedAnnual report
「Revenue from initial implementation declined year on year because the cumulative second quarter of the previous fiscal year included the impact of some large orders. Recurring revenue, centered on monthly fees, grew steadily to ¥412.060 million, supported by monthly fees from services introduced in the previous fiscal year.」
Recurring revenue, primarily from monthly fees after initial implementation, was ¥412.060 million, reflecting the accumulation of recurring charges from services introduced in the previous fiscal year. - FY2020-Q1AdvancedAnnual report
「In addition to the continued provision of existing services, revenue from monthly fees for services initially introduced in the fiscal year ended March 2019 was ¥207.066 million. This offset the decline in one-time revenue and contributed to improved margins.」
Revenue from monthly fees after initial implementation was ¥207.066 million, and recurring revenue offset the decline in one-time revenue. EBITDA was ¥102.090 million in the first quarter. - FY2019First statedAnnual report
「The Company seeks to control variable costs, establish a cost structure centered on fixed costs including depreciation and amortization, and generate highly predictable recurring revenue. EBITDA, which it considers important, was ¥494.277 million for the fiscal year. The Company is continuing to operate its business with the aim of expanding adjusted EBITDA on a sustained basis.」
The Company states that it prioritizes recurring revenue from ASP, maintenance and operations, recording EBITDA of ¥494.277 million for the fiscal year, up 78.8% year on year.