KLab revised its full-year earnings forecast for the current period down from the previous profit forecast to breakeven. The cumulative nine-month loss narrowed, but a loss is expected in the second half, which is expected to affect full-year progress.
KLab announced its earnings on 12 November 2024. Consolidated operating loss for the nine months ended September (January-September) of the fiscal year ending December 2026 was ¥130 million, narrowing from a ¥860 million loss in the same period a year earlier.
At the same time, it revised its full-year outlook down from the previous ¥1.0 billion profit forecast to breakeven, indicating that the period would turn to a loss but that it would not exceed the ¥1.3 billion loss recorded in the previous period. The second-half outlook was also revised, with consolidated operating result for July-December reduced from the previous ¥960 million profit forecast to a ¥30 million loss.
For the latest three-month period, consolidated operating loss for July-September was ¥170 million, while the operating margin on sales improved from -12.0% in the same period a year earlier to -4.9%.