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freee K.K. (4478) · FactFull-year operating profit and positive operating cash flow maintained; net income declined

Operating Losses and Negative Operating Cash Flow Amid Growth Investment

First written in FY2020-Q2. 5 of 23 entries say "Worsened", first in FY2023-Q3. Latest entry: FY2026.

23entries
7years
4from disclosures
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How it moved
ProgressHeldSoftenedWorseOtherFY2020-Q2 – FY2023-Q2WorsenedFY2023-Q3 – FY2024OtherFY2025-H1 – FY2026-H12020: 420202021: 420212022: 320222023: 320232024: 220242025: 120252026: 62026
Same theme, other companies
Concurrent Operating Loss and Operating Cash Flow OutflowsA theme 11 companies write about · 12 as a headwind · 0 as a tailwind

freee K.K. moved to the "Worse" side of this theme in 2023, 1 year after the typical company in this theme (2022).

The whole theme swung hardest in 2018: 2 of 6 companies on the "Worse" side.

3 other companies' latest entry also says "Other".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. FY2026Full-year operating profit and positive operating cash flow maintained; net income declinedAnnual report

    「As a result, for the current consolidated fiscal year, revenue increased 27.6% year on year to ¥42,441 million, adjusted operating profit increased 41.3% to ¥2,663 million, operating profit increased 78.6% to ¥1,091 million, ordinary profit increased 81.0% to ¥746 million, and net income attributable to owners of the parent decreased 21.3% to ¥1,077 million.」

    The company remained profitable for the full year at the operating, ordinary and net income levels. However, net income attributable to owners of the parent decreased from ¥1,370 million in the previous fiscal year to ¥1,077 million. Cash flow from operating activities was an inflow of ¥1,519 million.
  3. FY2026-H1Lower Profit Levels and Wider Operating Cash Flow DeficitAnnual report

    「As a result, revenue for the interim consolidated accounting period increased 30.8% year on year to ¥19,941 million, while adjusted operating profit decreased 7.1% to ¥1,352 million, operating profit decreased 38.8% to ¥531 million, ordinary profit decreased 58.2% to ¥332 million, and interim net income attributable to owners of the parent decreased 61.6% to ¥305 million.」

    Revenue increased, while adjusted operating profit, operating profit, ordinary profit and interim net income decreased year on year. Cash flow from operating activities was an outflow of ¥4,622 million, widening the deficit from ¥1,926 million in the same period of the previous year.
  4. FY2025-H1Turned profitable at the operating level in the first half; operating cash flow remained negativeAnnual report

    「Revenue for the interim consolidated accounting period increased 29.6% year on year to ¥15,250 million, while adjusted operating profit was ¥1,456 million (compared with an adjusted operating loss of ¥4,337 million in the same period of the previous year), operating profit was ¥868 million (compared with an operating loss of ¥4,715 million), ordinary profit was ¥795 million (compared with an ordinary loss of ¥4,884 million), and interim net income attributable to owners of the parent was ¥797 million (compared with an interim net loss attributable to owners of the parent of ¥6,206 million).」

    The operating loss, ordinary loss and interim net loss in the same period of the previous year turned into profits across the board in the current interim consolidated accounting period. However, cash flow from operating activities was an outflow of ¥1,926 million, and operating cash flow remained negative.
  5. FY2024WorsenedAnnual report

    「The adjusted operating loss was ¥7,562 million (¥7,195 million in the previous consolidated fiscal year), operating loss was ¥8,386 million (¥7,919 million), ordinary loss was ¥8,638 million (¥7,982 million), and net loss attributable to owners of the parent was ¥10,150 million (¥12,338 million).」

    Revenue increased, while the adjusted operating loss, operating loss and ordinary loss widened from the previous fiscal year. Net loss attributable to owners of the parent narrowed from the previous fiscal year. Cash used in operating activities also increased to ¥6,767 million.
  6. FY2024-Q3WorsenedAnnual report

    「As a result, for the nine-month period ended in the third quarter of the current consolidated fiscal year, revenue increased 33.4% year on year to ¥18,423 million, while the adjusted operating loss was ¥6,307 million (¥4,205 million in the same period of the previous year), operating loss was ¥6,960 million (¥4,703 million), ordinary loss was ¥7,173 million (¥4,757 million), and net loss attributable to owners of the parent was ¥8,636 million (¥7,843 million).」

    While revenue increased, adjusted operating loss, operating loss, ordinary loss, and net loss attributable to owners of the parent all widened from the same period of the previous year.
  7. FY2024-Q1WorsenedAnnual report

    「As a result, for the three-month period ended in the first quarter of the current consolidated fiscal year, revenue increased 34.9% year on year to ¥5,720 million, while the adjusted operating loss was ¥1,915 million (¥1,042 million in the same period of the previous year), operating loss was ¥2,074 million (¥1,171 million), ordinary loss was ¥2,126 million (¥1,197 million), and net loss attributable to owners of the parent was ¥2,288 million (¥3,266 million).」

    Revenue increased and the net loss attributable to owners of the parent narrowed from the same period of the previous year, while the adjusted operating loss, operating loss and ordinary loss widened.
  8. FY2023-Q3WorsenedAnnual report

    「As a result, for the nine-month period ended in the third quarter of the current consolidated fiscal year, revenue increased 31.5% year on year to ¥13,813 million, while the adjusted operating loss was ¥4,205 million (¥1,526 million in the same period of the previous year), operating loss was ¥4,703 million (¥2,080 million), ordinary loss was ¥4,757 million (¥2,099 million), and net loss attributable to owners of the parent was ¥7,843 million (¥2,237 million).」

    While revenue increased, adjusted operating loss, operating loss, ordinary loss, and net loss attributable to owners of the parent all widened from the same period of the previous year.
  9. FY2023-Q2Losses and cash used in operating activities widened year on yearAnnual report

    「As a result, revenue for the cumulative second quarter of the fiscal year was ¥8,718 million, up 27.2% year on year; adjusted operating loss was ¥2,324 million, compared with ¥849 million in the same period of the previous year; operating loss was ¥2,623 million, compared with ¥1,203 million; ordinary loss was ¥2,658 million, compared with ¥1,200 million; and net loss attributable to owners of the parent was ¥4,886 million, compared with ¥1,334 million.」

    While revenue increased, adjusted operating loss, operating loss, ordinary loss, and quarterly net loss all widened. Cash used in operating activities was also ¥2,489 million, up from ¥1,657 million in the same period of the previous year.
  10. FY2023-Q1Losses widened year on yearAnnual report

    「As a result, revenue for the cumulative first quarter of the fiscal year was ¥4,238 million, up 25.0% year on year; adjusted operating loss was ¥1,042 million, compared with ¥329 million in the same period of the previous year; operating loss was ¥1,171 million, compared with ¥501 million; ordinary loss was ¥1,197 million, compared with ¥495 million; and net loss attributable to owners of the parent was ¥3,266 million, compared with ¥500 million.」

    While revenue increased, adjusted operating loss, operating loss, ordinary loss, and net loss attributable to owners of the parent all widened from the same period of the previous year. The Company also recorded ¥1,956 million in impairment losses and other extraordinary losses.
  11. FY2022-Q3Losses widened year on yearAnnual report

    「As a result, revenue for the cumulative third quarter of the fiscal year was ¥10,507 million, up 43.8% year on year; adjusted operating loss was ¥1,526 million, compared with ¥1,341 million in the same period of the previous year; operating loss was ¥2,080 million, compared with ¥1,437 million; ordinary loss was ¥2,099 million, compared with ¥1,513 million; and net loss attributable to owners of the parent was ¥2,237 million, compared with ¥1,519 million.」

    While revenue increased, adjusted operating loss, operating loss, ordinary loss, and net loss attributable to owners of the parent all widened from the same period of the previous year.
  12. FY2022-Q2Losses widened year on yearAnnual report

    「As a result, revenue for the cumulative second quarter of the fiscal year was ¥6,856 million, up 48.5% year on year; adjusted operating loss was ¥849 million, compared with ¥694 million in the same period of the previous year; operating loss was ¥1,203 million, compared with ¥720 million; ordinary loss was ¥1,200 million, compared with ¥712 million; and net loss attributable to owners of the parent was ¥1,334 million, compared with ¥716 million.」

    While revenue increased, adjusted operating loss, operating loss, ordinary loss, and quarterly net loss all widened. Cash used in operating activities was also ¥1,657 million.
  13. FY2022-Q1Losses widened year on yearAnnual report

    「As a result, revenue for the cumulative first quarter of the fiscal year was ¥3,392 million, up 52.5% year on year; adjusted operating loss was ¥329 million, compared with ¥269 million in the same period of the previous year; operating loss was ¥501 million, compared with ¥272 million; ordinary loss was ¥495 million, compared with ¥268 million; and net loss attributable to owners of the parent was ¥500 million, compared with ¥271 million.」

    While revenue increased, adjusted operating loss, operating loss, ordinary loss, and quarterly net loss all widened from the same period of the previous year.
  14. FY2021Losses and cash used in operating activities narrowedAnnual report

    「Operating loss was ¥2,441 million, compared with ¥2,681 million; ordinary loss was ¥2,719 million, compared with ¥2,938 million; and net loss attributable to owners of the parent was ¥2,756 million, compared with ¥2,972 million. Cash used in operating activities was ¥192 million, compared with ¥1,380 million in the previous fiscal year.」

    Although the Company remained in the red, operating loss, ordinary loss, net loss for the fiscal year, and cash used in operating activities all narrowed from the previous fiscal year.
  15. FY2021-Q3Losses narrowed year on yearAnnual report

    「As a result, revenue for the cumulative third quarter of the fiscal year was ¥7,306 million, up 49.5% year on year; adjusted operating loss (Note 8) was ¥1,341 million, compared with ¥1,883 million in the same period of the previous year; operating loss was ¥1,437 million, compared with ¥1,974 million; ordinary loss was ¥1,513 million, compared with ¥2,231 million; and net loss attributable to owners of the parent was ¥1,519 million, compared with ¥2,236 million.」

    Although the Company remained in the red, adjusted operating loss, operating loss, ordinary loss, and quarterly net loss all narrowed from the same period of the previous year.
  16. FY2021-Q2Losses narrowed year on yearAnnual report

    「As a result, revenue for the cumulative second quarter of the fiscal year was ¥4,616 million, up 50.3% year on year; adjusted operating loss (Note 8) was ¥694 million, compared with ¥991 million in the same period of the previous year; operating loss was ¥720 million, compared with ¥1,082 million; ordinary loss was ¥712 million, compared with ¥1,333 million; and net loss attributable to owners of the parent was ¥716 million, compared with ¥1,335 million.」

    Although the Company remained in the red, adjusted operating loss, operating loss, ordinary loss, and quarterly net loss all narrowed from the same period of the previous year.
  17. FY2021-Q1Losses narrowed year on yearAnnual report

    「Revenue for the cumulative first quarter of the fiscal year was ¥2,225 million, up 49.2% year on year; adjusted operating loss (Note 8) was ¥269 million, compared with ¥395 million in the same period of the previous year; operating loss was ¥272 million, compared with ¥486 million; ordinary loss was ¥268 million, compared with ¥488 million; and net loss attributable to owners of the parent was ¥271 million, compared with ¥490 million.」

    Although the Company remained in the red, operating loss, ordinary loss, and quarterly net loss all narrowed from the same period of the previous year.
  18. FY2020RestatedAnnual report

    「As a result, revenue for the fiscal year was ¥6,895 million, up 52.7% from the previous fiscal year; adjusted operating loss was ¥2,587 million; operating loss was ¥2,681 million; ordinary loss was ¥2,938 million; and net loss attributable to owners of the parent was ¥2,972 million. Cash used in operating activities was ¥1,380 million.」

    While revenue increased, the operating loss, ordinary loss, net loss, and cash outflow from operating activities continued.
  19. FY2020-Q3RestatedAnnual report

    「As a result, revenue for the cumulative third quarter of the fiscal year was ¥4,887 million, operating loss was ¥1,974 million, ordinary loss was ¥2,231 million, and net loss attributable to owners of the parent was ¥2,236 million.」

    Alongside revenue growth, the Company recorded an operating loss, ordinary loss, and quarterly net loss. As the third-quarter report did not include a quarterly consolidated cash flow statement, no new figure for cash used in operating activities was presented.
  20. FY2020-Q2First statedAnnual report

    「As a result, revenue for the cumulative second quarter of the fiscal year was ¥3,072 million, operating loss was ¥1,082 million, ordinary loss was ¥1,333 million, and net loss attributable to owners of the parent was ¥1,335 million. Cash used in operating activities was ¥823 million.」

    Alongside revenue growth, the cumulative quarter recorded an operating loss, ordinary loss, net loss, and cash outflow from operating activities.
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Operating Losses and Negative Operating Cash Flow Amid Growth Investment | freee K.K. (4478) | Komori