GMO Financial Gate, Inc. Provides Consolidated Earnings Forecast for the Second Quarter and Fiscal Year Ending September 30, 2024
November 13, 2023 at 01:31 am EST
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GMO Financial Gate, Inc. provided consolidated earnings forecast for the second quarter and Fiscal Year Ending September 30, 2024. For the quarter, the company expects revenue of JPY 9,208 million, Operating profit of JPY 740 million, Profit attributable to owners of parent of JPY 472 million, net earnings per share of JPY 56.96.
For the year, the company expects Revenue of JPY 19,200 million, Operating profit of JPY 1,410 million, Profit attributable to owners of parent of JPY 859 million, net earnings per share of JPY 103.67.
GMO Financial Gate Co Ltd is a Japan-based company mainly engaged in the provision of face-to-face payment terminals and payment processing services. It provides two kinds of services. The payment processing service provides credit and sales information processing service for retailers, restaurants and other member stores. It provides credit reference terminal (CCT) and operates payment information processing center called CCT Center. It provides CCT connection method/direct merchant contract, CCT connection method/general merchant contract, merchant point of sale information (POS) connection method/direct merchant contract and merchant POS connection method/general merchant contract four business models. It provides contact-type credit and debit card payment, contactless-type electronic money payment and code-type payment. The payment agency service has merchant agency contract and comprehensive merchant contract two business models.