Birdman (7063) Reports Latest Earnings: Revenue Down 7.7% YoY with Operating Loss of 825 Million Yen

Birdman (7063) has released its latest financial results, reporting net sales down 7.7% year-on-year to 294 million yen. On the profit front, the company posted an operating loss of 825 million yen (with an operating margin of -2.8%), an ordinary loss of 1.552 billion yen, and a net loss attributable to owners of the parent of 1.525 billion yen. Earnings per share (EPS) stood at -56.38 yen.

Examining the financial structure and cash flows, the equity ratio is maintained at 39.8%, while retained earnings stand at -5.55 billion yen. Cash and cash equivalents are reported at 370 million yen against interest-bearing debt of 770 million yen. Cash flow from operating activities was -1.81 billion yen, and cash flow from investing activities was -1.254 billion yen, resulting in a negative free cash flow of 3.06 billion yen. Meanwhile, cash flow from financing activities provided a positive inflow of 1.703 billion yen.