Feedforce Group Inc. Announces Consolidated Earnings Forecasts for the First Half Ending November 30, 2023 and for the Fiscal Year Ending May 31, 2024
July 05, 2023 at 02:00 am EDT
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Feedforce Group Inc. announced Consolidated earnings forecasts for the First Half ending November 30, 2023 and for the fiscal year ending May 31, 2024. For the First Half ending November 30, 2023, the company expected Net sales of JPY 2,061 million, Operating profit of JPY 569 million, Profit attributable to owners of parent of JPY 354 million and Basic earnings per share of JPY 13.68.
For the fiscal year ending May 31, 2024, the company expected Net sales of JPY 3,681 million, Operating profit of JPY 1,400 million, Profit attributable to owners of parent of JPY 881 million and Basic earnings per share of JPY 34.28.
Feedforce Group Inc is a Japan-based company mainly provides support to companies in solving their problems and improving productivity in the fields of digital marketing and e-commerce by utilizing technologies such as performance-based advertising agency, data feeds, and identity (ID) integration. The Company operates through three segments. The Professional Services segment consists of two main services, Anagrams and DF PLUS, and provides marketing support and solutions using data feeds and listings. The Software as a Service (SaaS) segment consists of three main services, Social PLUS, dfplus.io, and EC Booster, and provides social login support tools, data feed marketing management tools, and automatic ad distribution tools. The Digital Transformation (DX) segment consists of five main services, App Unity, Rewire, FRACTA, TePs, and Shippinno, and provides services to support companies' DX through e-commerce business support services using Shopify and Shopify app development.