PASS Co., Ltd. (3840) Reports Earnings: Revenue Decreases by 2.0% YoY, Operating Loss of 130 Million Yen

PASS Co., Ltd. (3840) has released its financial results, reporting revenue of 587 million yen, a 2.0% decrease compared to the same period of the previous year. On the profit front, the company posted an operating loss of 130 million yen, ordinary loss of 106 million yen, and a net loss attributable to owners of the parent of 107 million yen. Earnings per share (EPS) stood at -1.29 yen, reflecting a challenging earnings environment.

Examining the financial foundation and metrics, the company maintains a relatively high equity ratio of 81.1%, indicating financial stability. Meanwhile, interest-bearing debt was recorded at 50 million yen, and retained earnings stood at -3.58 billion yen. Operating cash flow was -440 million yen, free cash flow was -750 million yen, and cash and cash equivalents stood at 360 million yen, highlighting that improving profitability and cash flow remains a key focus for future business management.