Financial Results

FY 1Q 7/2022

FIRSTLOGIC,INC

https://www.firstlogic.co.jp

Corporate Vision

Creating the fair RE investment market

RE : Real Estate

Supporting

Creating

Improving

the RE investors

the sound RE industry

the information of RE

Providing them with

Promoting

Providing

the knowledge and latest information

fair transaction and legal compliance

the accurate price information

to the market

1

Management Policy FY 7/2022

1.To expand No.1 market share to realize the vision

2.Target : 4,700 RE agencies using Property Listing Service that is SaaS model1)

3.To increase the number of employees to achieve management policy

4. To start developing the new paid services for Rakumachi users ( Project started on November 2021)

2

Overview

  • Revenue and Operating profit exceeded the Earnings estimates

( 1Q Earnings estimates : Revenue 454 Operating profit 190 )

  • Progress rate will improve from 2Q because of the cost reduction with the relocation project finished

FY7/2021 1Q

FY7/2022 1Q

YonY

Earnings estimates

Progress rate

Revenue (unit : million yen)

409

466

+57

+13.9%

1,818

+25.6%

Operating profit (unit : million yen)

204

211

+7

+3.4%

919

+23.0%

Ordinary profit (unit : million yen)

204

211

+7

+3.5%

919

+23.0%

Net profit (unit : million yen)

134

139

+5

+3.4%

601

+23.2%

Revenue of Property Listing Service (unit : million yen)(※)

Ratio of Property Listing Service (unit : % )(※)

RE agencies using Property Listing Service (unit: number)(※)

Number of property listings (unit: thousand)

Number of users (unit: thousand)

Page views (unit: million)

201

218

+17

+8.3%

47

49

+2

-4.9%

4,294

4,315

+21

+0.5%

53

51

-2

-4.9%

222

278

+56

+24.8%

31

37

+6

+17.7%

Property Listing Service is SaaS

3

Quarterly Trend of Revenue and Operating profit

  • Revenue and Operating profit increased year to year basis despite of the relocation costs
  • Number of hires is 8 people in 1Q

(unit : million yen)

Operating profit

Revenue

Operating profit ratio

500

450

400

350

300

250

200

150

100

60%

53%

54%

51%

52%

50%

49%

49%

53%

54%

48%

49%

56%

48%

54%

50%

52%

48%

47%

45%

48%

45%

43%

41%

43%

37%

39%

29%

50

16%

0

FY1Q

2Q

3Q

4Q

FY1Q

2Q

3Q

4Q

FY1Q

2Q

3Q

4Q

FY1Q

2Q

3Q

4Q

FY1Q

2Q

3Q

4Q

FY1Q

2Q

3Q

4Q

FY1Q

2Q

3Q

4Q

FY1Q

2015

2016

2017

2018

2019

2020

2021

2022

4

This is an excerpt of the original content. To continue reading it, access the original document here.

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

Firstlogic Inc. published this content on 14 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 December 2021 06:57:25 UTC.