Grom Holdings (8938) Reports Financial Results: Net Sales Up 2.3% YoY with Operating Profit of 30 Million Yen

Grom Holdings (8938) has released its financial results, posting net sales of 458 million yen, representing a 2.3% increase compared to the same period of the previous year. On the profit front, operating income stood at 30 million yen, ordinary income was 18 million yen, and net income attributable to owners of the parent reached 12 million yen. Earnings per share (EPS) came in at 1.33 yen.

From a financial structure perspective, the company maintains a robust foundation with an equity ratio of 91.0%. Interest-bearing debt is kept low at 0.05 billion yen (0.5 hundred million yen), while retained earnings stand at 1.08 billion yen. In terms of cash flow, operating cash flow recorded -0.24 billion yen while free cash flow reached 0.39 billion yen, with cash and cash equivalents totaling 2.55 billion yen.