KLab Inc. achieved a significant financial turnaround in H1 2017, moving from a 1.3 billion yen net loss in 2016 to a 1.45 billion yen profit.
02
Revenue grew 23.0% year-over-year to 10.9 billion yen, bolstered by stable core title performance and the June 2017 launch of Captain Tsubasa: Tatakae Dream Team.
03
Operating income surged to 1.96 billion yen compared to 51 million yen in the same period of 2016, aided by a 6.6% reduction in selling, general, and administrative expenses.
04
Management revised full-year guidance upward, projecting revenue between 22.5 and 25.5 billion yen and ordinary income between 2.4 and 4.2 billion yen.
05
KLab acquired ABASEA Inc. and its subsidiary Spicemart Inc. for 1 billion yen in July 2017 to strengthen data analysis and consulting capabilities in the Japanese and Chinese mobile gaming markets.
06
The company maintains a strong financial position with total assets of 14.5 billion yen and an equity ratio of 73.3%.
Insights
01
KLab Inc. achieved a significant financial turnaround in H1 2017, moving from a 1.3 billion yen net loss in 2016 to a 1.45 billion yen profit.
02
Revenue grew 23.0% year-over-year to 10.9 billion yen, bolstered by stable core title performance and the June 2017 launch of Captain Tsubasa: Tatakae Dream Team.
03
Operating income surged to 1.96 billion yen compared to 51 million yen in the same period of 2016, aided by a 6.6% reduction in selling, general, and administrative expenses.
04
Management revised full-year guidance upward, projecting revenue between 22.5 and 25.5 billion yen and ordinary income between 2.4 and 4.2 billion yen.
05
KLab acquired ABASEA Inc. and its subsidiary Spicemart Inc. for 1 billion yen in July 2017 to strengthen data analysis and consulting capabilities in the Japanese and Chinese mobile gaming markets.
06
The company maintains a strong financial position with total assets of 14.5 billion yen and an equity ratio of 73.3%.