Urban Net Corporation (3242) Earnings: Operating Income Up 19.1% YoY to 4,147 Million Yen

Urban Net Corporation (3242) announced its financial results, reporting operating income up 19.1% year-on-year to 4,147 million yen. Net sales were 39,394 million yen (an increase of 16.1% year-on-year), ordinary income was 3,135 million yen (up 12.5%), and net income attributable to owners of the parent was 2,129 million yen (up 15.1%). The operating profit margin reached 10.5%, reflecting a solid performance with increased revenues and profits.

From a financial and valuation perspective, the Return on Equity (ROE) based on shareholders' equity stands at 11.6%, indicating efficient capital management, while the ordinary income-to-total assets ratio is 4.4%. Cash flow data shows operating cash flow of -9,690 million yen and investing cash flow of -3,232 million yen, resulting in a free cash flow of -12,920 million yen, which was offset by financing cash flow of 13,112 million yen. Cash and cash equivalents stood at 11,590 million yen.