Gree Co., Ltd.
FY2023 Third Quarter Financial Results Briefing
May 11, 2023
Copyright © GREE, Inc. All Rights Reserved.
Finance
result
overview
- Net sales 22.2 billion yen, operating income 4.2 billion yen, EBITDA 4.3 billion yen
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- In the Internet & Entertainment business, operating income exceeded the plan by 1.8 billion yen, despite a large upfront investment in promotional activities.
- Operating income of 2.4 billion yen from the investment and development business contributes to company-wide profit growth
- continued strong performance from heaven burns red
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- Succeeded Holding an event to celebrate the first anniversary of the release of the Japanese version, and maintaining strong sales, such as winning the first place in the sales ranking
- Off to a good start with global distribution
- Metaverse business progressed
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- Established a new company to handle the VTuber business and the B2B metaverse business, diversifying the business portfolio
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Outlook |
◼ In particular, aggressive investment in the Metaverse business. |
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For 2023 |
Stable earnings expected, but profit declines after strong performance |
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Performance of hit titles in FY2022 |
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Copyright © GREE, Inc. All Rights Reserved. |
content
- Financial Summary
- Operation overview
- appendix
Copyright © GREE, Inc. All Rights Reserved.
content
- Financial Summary
- Operation overview
- appendix
Copyright © GREE, Inc. All Rights Reserved.
1. Summary of Financial Results (Consolidated)
FY2023 3rd Quarter Financial Summary
net sales 22.2 billion yenOperating income 4.2 billion yenEBITDA 4.3 billion yen
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23rd year |
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3Q |
QoQ QoQ |
year-on-year |
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net sales |
22.15 |
5.57 |
1.30 |
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Operating income |
4.22 |
2.49 |
0.64 |
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Ordinary income |
4.40 |
3.80 |
0.13 |
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net income |
3.23 |
4.11 |
0.28 |
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EBITDA |
4.30 |
2.49 |
0.54 |
Note:
- Net Income: Net Income Attributable to Owners of Parent
- EBITDA = operating income + depreciation + amortization of goodwill
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Billions of yen |
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23rd year |
22nd year |
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2Q |
3Q |
16.58 20.85
1.73 3.58
0.60 4.27
-0.88 2.95
1.81 3.76
Five
Copyright © GREE, Inc. All Rights Reserved.
Disclaimer
Gree Co., Ltd. This content was published by May 11, 2023 and is solely responsible for the information contained therein.Distributor publicnot edited or changed, May 11, 2023 06:04:27 UTC.
Public Now 2023
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Technical Analysis Trends GREE Co., Ltd.
| short term | Middle term | long term | |
| trend | strong | bearish | bearish |
Income Statement Evolution
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sell  buy |
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| average consensus | possession |
| number of analysts | Four |
| Final closing price | ¥711,00 |
| average target price | ¥805,00 |
| Spread / Average Target | 13.2% |
