GMO Payment Gateway, Inc. announced consolidated earnings results for the first quarter ended December 31, 2017. For the quarter, the company reported revenue of JPY 6,098 million as compared to JPY 4,826 million for the same period last year. Operating profit was JPY 1,594 million as compared to JPY 1,238 million for the same period last year. Profit before income tax was JPY 1,585 million as compared to JPY 1,171 million for the same period last year. Profit attributable to owners of the parent was JPY 860 million or JPY 23.16 basic and diluted per share as compared to JPY 609 million or JPY 16.41 basic and diluted per share for the same period last year. Net cash provided by operating activities was JPY 9,537.512 million as compared to JPY 6,603.857 million for the same period last year. Purchase of property, plant and equipment was JPY 16.708 million as compared to JPY 8.774 million for the same period last year. Purchase of intangible assets was JPY 258.664 million as compared to JPY 273.065 million for the same period last year.

The company provided consolidated earnings guidance for second quarter and the fiscal year ending September 30, 2018. For the quarter, the company expects revenue to be JPY 11,967 million, operating profit to be JPY 3,011 million, profit before tax to be JPY 2,903 million and profit attributable to owners of the parent to be JPY 1,825 million or JPY 49.12 basic and diluted per share.

For the year, the company expects revenue to be JPY 26,107 million, operating profit to be JPY 6,475 million, profit before tax to be JPY 6,196 million and profit attributable to owners of the parent to be JPY 3,933 million or JPY 105.87 basic and diluted per share.

The company expects to pay a dividend of JPY 49 per share for the fiscal year ended September 30, 2018.