CRAVIA (6573) Earnings Report: Net Sales Up +74.4% YoY to 352 Million Yen, Operating Loss of 134 Million Yen

CRAVIA (6573) has released its latest financial results, reporting net sales up +74.4% year-on-year to 352 million yen, representing a significant increase. However, on the profit side, the company posted an operating loss of 134 million yen, an ordinary loss of 160 million yen, and a net loss attributable to owners of the parent of 160 million yen. Basic earnings per share (EPS) stood at -3.73 yen.

From a financial structure and valuation perspective, the equity ratio stands at 70.2%, while cash and cash equivalents are 0.19 billion yen (0.9 hundred million yen) and interest-bearing debt is 0.12 billion yen. Meanwhile, operating cash flow and free cash flow registered at -0.28 billion yen and -0.56 billion yen respectively, highlighting the ongoing need for profitability enhancement and cash flow recovery.