Ekitan (3646) Reports Financial Results: Revenue Down 7.0% YoY with Operating Loss of 11 Million Yen

Ekitan (3646) has released its latest financial results, reporting revenue down 7.0% year-on-year to 662 million yen. On the profit front, the company posted an operating loss of 11 million yen, ordinary loss of 11 million yen, and a net loss attributable to owners of the parent of 19 million yen. Earnings per share (EPS) stood at -4.2 yen.

Despite the challenging profit environment, the company maintains a solid financial foundation with an equity ratio of 65.4%, supporting long-term operational stability. Cash and cash equivalents stand at 1.04 billion yen, and retained earnings total 1.19 billion yen, comfortably exceeding interest-bearing debt of 190 million yen. Regarding cash flows, operating cash flow remained positive at 20 million yen, while free cash flow recorded a negative 30 million yen.