DeNA Co ( (DNACF) ) has released its Q3 earnings. Here is a breakdown of the information DeNA Co presented to its investors.
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DeNA Co., Ltd. is a diversified Japanese company operating in sectors such as gaming, live streaming, sports, healthcare, and e-commerce, with a strong focus on leveraging synergies between its business units to drive sustainable growth.
DeNA’s latest earnings report for the nine months ending December 31, 2024, highlights a significant turnaround in financial performance, showcasing substantial gains in both revenue and profit compared to the previous year.
The company reported a 12.1% increase in revenue, reaching ¥116,727 million, with a notable recovery from an operating loss to a profit of ¥20,979 million and a profit before tax of ¥23,031 million. This improvement was driven by the Game Business, which saw a 29.4% increase in revenue due to the success of the Pokémon Trading Card Game Pocket. However, the Live Streaming Business faced a decline in revenue and profitability, while the Sports Business benefited from record spectator numbers and successful events.
DeNA’s financial position also strengthened, with total assets rising to ¥354,007 million and equity attributable to owners increasing to ¥229,332 million. Cash flow improved significantly, with net cash from operating activities increasing to ¥14,283 million.
Looking forward, DeNA aims for further revenue and profit growth, particularly in its Game Business, while also focusing on profitability in its Live Streaming segment. The company’s strategic initiatives and diversified portfolio position it well for future success.
