Storage King (2997) Earnings: Revenue Down 29.4% YoY, Operating Loss of 250 Million Yen

Storage King (2997) has released its latest financial results, reporting revenue of 907 million yen, representing a 29.4% decrease compared to the same period of the previous year. On the profit front, the company posted an operating loss of 250 million yen, an ordinary loss of 267 million yen, and a net loss of 185 million yen. Earnings per share (EPS) stood at -99.87 yen.

Examining the financial structure and cash flow indicators, cash and cash equivalents stand at 700 million yen, while EBITDA is -220 million yen. In terms of cash flows, operating cash flow recorded -1.1 billion yen and free cash flow recorded -1.34 billion yen, reflecting negative figures that highlight the importance of future improvements in profitability and capital efficiency.