CyberStep Holdings,Inc. [3810]: Earnings information

Revenue at CyberStep Holdings,Inc. for the first quarter of the fiscal year ending May 2027 rose 79.1% year on year to approximately ¥900 million. Although this exceeded previous levels, the operating loss widened to approximately ¥600 million due to higher selling, general and administrative expenses, compared with a loss of approximately ¥300 million in the same period of the previous year. Net loss attributable to owners of the parent was approximately ¥600 million, roughly the same level as in the same period of the previous year.

Despite the substantial increase in revenue, selling, general and administrative expenses rose from approximately ¥600 million in the same period of the previous year to approximately ¥900 million, increasing the burden of upfront investment. The company has recorded a loss for 7 consecutive fiscal years, and its auditor also identified material uncertainty regarding the going-concern assumption.

Total assets were approximately ¥6.7 billion, down 7.7% from the previous fiscal year-end, while cash and deposits fell approximately 21.9% and goodwill rose 78.0% to approximately ¥1.2 billion. Net assets were approximately ¥5.9 billion, and the equity ratio declined to 88.1%.

Cash flow information was not disclosed because no quarterly consolidated statement of cash flows was prepared. The company disclosed amortisation of goodwill of ¥62 million and depreciation of ¥1 million for the current period.

The full-year earnings outlook is currently undecided, and the dividend forecast is also undecided. The dividend for the previous fiscal year was ¥0 per share, and the policy for the current fiscal year has not been disclosed.