WIZE's consolidated ordinary income for January-September 2024 turned profitable, securing a profit for the cumulative 3Q period. Progress against the full-year plan was approximately 31%, and the company also remained profitable in the 7-9 month period.
WIZE announced its earnings after the market close on 13 November, reporting consolidated ordinary income of ¥43 million for January-September 2024, compared with a loss in the same period of the previous year.
For the 7-9 month period, consolidated ordinary income was more than ¥34 million, while the operating margin on sales improved from -15.7% in the same period of the previous year to -9.7%.
Progress against the median full-year forecast was 31.2%, drawing attention to the company's earnings trend going forward.