Mynet (3928) Latest Earnings: Net Sales Up +1.8% YoY, Operating Loss of 132 Million Yen

Mynet (3928) has released its latest financial results, reporting net sales up +1.8% year-on-year to 4,009 million yen. On the profit front, the company posted an operating loss of 132 million yen, an ordinary loss of 151 million yen, and a net loss attributable to owners of the parent of 166 million yen. Earnings per share (EPS) stood at -19.44 yen.

Regarding the financial structure and cash flow, the equity ratio is recorded at 29.1%. Interest-bearing debt stands at 2.08 billion yen, and retained earnings amount to 0.06 billion yen. In terms of cash flows, operating cash flow generated a positive 0.03 billion yen, while free cash flow resulted in a negative 0.08 billion yen. Cash and cash equivalents totaled 2.23 billion yen, maintaining a certain level of liquidity for ongoing business operations.