tiprankstipranks
CyberBuzz, Inc. Faces Sharp Profit Decline
Company Announcements

CyberBuzz, Inc. Faces Sharp Profit Decline

CyberBuzz, Inc. (JP:7069) has released an update.

Don't Miss Our Christmas Offers:

CyberBuzz, Inc. reports a significant increase in net sales by 38.3% for June 2024 compared to the previous year but faces a substantial downturn with operating profit dropping to a loss of 1,741 million yen. The company’s net assets have significantly decreased from 2,258 million yen in September 2023 to 317 million yen in June 2024, reflecting a sharp decline in the capital adequacy ratio from 42.0% to 6.2%.

For further insights into JP:7069 stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App