KLab Inc. achieved a significant financial turnaround in the first three quarters of 2014, reporting ¥1.29 billion in net income compared to a net loss in the same period of 2013.
02
Revenue grew 46.4% year-over-year to ¥15.94 billion, primarily driven by the strong performance of titles 'Love Live! School Idol Festival' and 'Celestial Craft Fleet.'
03
The company reached record highs for three consecutive quarters, with operating income of ¥1.89 billion and ordinary income of ¥1.99 billion.
04
The balance sheet strengthened significantly, with total liabilities decreasing by ¥1.68 billion and the equity ratio rising to 73.6%.
05
Full-year 2014 forecasts project ¥21.94 billion in revenue and ¥1.51 billion in net income, supported by a planned ¥1 billion advertising expenditure.
06
The company does not expect to issue dividends for the 2014 fiscal year.
07
The fiscal year-end was officially changed to December 31, and Mediaincruise Co., Ltd. was removed from consolidated results following an absorption merger.
Insights
01
KLab Inc. achieved a significant financial turnaround in the first three quarters of 2014, reporting ¥1.29 billion in net income compared to a net loss in the same period of 2013.
02
Revenue grew 46.4% year-over-year to ¥15.94 billion, primarily driven by the strong performance of titles 'Love Live! School Idol Festival' and 'Celestial Craft Fleet.'
03
The company reached record highs for three consecutive quarters, with operating income of ¥1.89 billion and ordinary income of ¥1.99 billion.
04
The balance sheet strengthened significantly, with total liabilities decreasing by ¥1.68 billion and the equity ratio rising to 73.6%.
05
Full-year 2014 forecasts project ¥21.94 billion in revenue and ¥1.51 billion in net income, supported by a planned ¥1 billion advertising expenditure.
06
The company does not expect to issue dividends for the 2014 fiscal year.
07
The fiscal year-end was officially changed to December 31, and Mediaincruise Co., Ltd. was removed from consolidated results following an absorption merger.