According to the earnings summary released by Alt, consolidated revenue for fiscal 2024 was ¥6.057 billion, operating loss was ¥2.324 billion, ordinary loss was ¥2.413 billion, and net loss attributable to owners of the parent was ¥2.694 billion. The company reported that increased research and development expenses and advertising and promotion expenses expanded the losses despite expanded sales of its core products and the development of new businesses. The date of the next earnings release has not been determined.
Alt released its earnings summary for fiscal 2024. Consolidated revenue was ¥6.057 billion, operating loss was ¥2.324 billion, ordinary loss was ¥2.413 billion, and net loss attributable to owners of the parent was ¥2.694 billion.
Although the company actively pursued expanded sales of its core products and the launch of new businesses, it posted losses due to increases in research and development expenses and advertising and promotion expenses.
The release also stated that the date of the next earnings release has not been determined, leaving the outlook for future business performance undecided.