Almetax (5928) Reports Earnings: Revenue Down 9.4% YoY to 1.79 Billion Yen with Operating Loss

Almetax (5928) has released its financial results, reporting net sales of 1,796 million yen, a decrease of 9.4% compared to the same period of the previous year. On the profit front, the company posted an operating loss of 82 million yen, an ordinary loss of 28 million yen, and a net loss of 36 million yen, with basic earnings per share at -3.46 yen. Despite the challenging earnings performance, the company maintains a robust financial structure with a high equity ratio of 82.5% and substantial retained earnings of 3,230 million yen. Furthermore, the company secured an operating cash flow of 280 million yen and holds 1,730 million yen in cash and cash equivalents, highlighting a solid financial foundation amidst operational headwinds.