Electronic computers company · E9 · FY ends Dec · Revenue ¥259M · -11.29% margin · -¥26M FCF
The business is unprofitable at the operating level (-11.29% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue up 41.8% YoY with margins expanding 14.6pp.
Negative free cash flow of -¥26M. The business is consuming cash, not generating it.
Profitability & Returns
Revenue (TTM)
¥259M
▲ +41.8% YoY
Net Income (TTM)
-¥40M
▲ +47.1% YoY
Op. Margin
-11.29%
▲ +14.6pp YoY
ROIC
-5.92%
▲ +2.0pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-¥26M
▼ -1.6% YoY
Op. Cash Flow (TTM)
-¥26M
▼ -5.3% YoY
Net Debt
¥116M
Cash & Equiv.
¥57M
5Y CAGR: -47.4%
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