Cookpad Inc. Reports Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2017
November 08, 2017
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Cookpad Inc. reported consolidated earnings results for the third quarter and nine months ended September 30, 2017. For the quarter, the company reported sales revenue of ¥3,063.517 million against ¥4,101.981 million a year ago. Operating income was ¥437.883 million against ¥2,033.696 million a year ago. Profit before tax was ¥466.801 million against ¥2,367.300 million a year ago. Loss from continuing operations was ¥95.019 million or ¥13.23 per diluted share against profit from continuing operations of ¥1,448.447 million or ¥13.23 per diluted share a year ago. Loss attributable to shareholders of the company was ¥93.179 million or ¥0.86 per diluted share against profit attributable to shareholders of the company ¥1,417.347 million or ¥13.17 per diluted share a year ago.
For the nine months, the company reported sales revenue of ¥10,179.683 million against ¥12,313.632 million a year ago. Operating income was ¥4,140.621 million against ¥6,135.602 million a year ago. Profit before tax was ¥4,539.947 million against ¥6,137.907 million a year ago. Profit attributable to shareholders of the company was ¥2,415.366 million or ¥22.47 per diluted share against ¥3,711.788 million or ¥34.28 per diluted share a year ago. Profit from continuing operations was ¥2,413.152 million or ¥34.21 per diluted share against ¥3,784.788 million or ¥22.47 per diluted share a year ago. Cash flows from operating activities were ¥1,406.818 million against ¥3,290.612 million a year ago. Purchase of property, plant and equipment was ¥45.283 million against ¥63.463 million a year ago. Purchase of intangible assets was ¥205.286 million against ¥92.366 million a year ago.
Cookpad Inc is a Japan-based company engaged in the business centered on Cookpad, which allows users to post and search cooking recipes on the Internet. The Company operates Making Everyday Cooking Fun business segment. The main sales are domestic recipe service membership sales including domestic premium service member sales, domestic recipe service advertising sales including domestic Cookpad advertising sales, and other sales including revenue share, overseas business, new business and others.