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ispace, inc. Reports Increased Sales Despite Ongoing Losses

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ispace, inc. Reports Increased Sales Despite Ongoing Losses

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ispace,inc. ( (JP:9348) ) just unveiled an update.

ispace, inc. reported its consolidated financial results for the first three quarters of the fiscal year ending March 31, 2025, with net sales of 1,989 million yen, representing an 8.9% increase from the previous year. The company continues to operate at a loss, with net losses attributable to owners of the parent amounting to 7,365 million yen, indicating a challenging financial period. Total assets decreased slightly to 26,831 million yen, while the equity-to-asset ratio dropped to 17.0%, reflecting financial pressure. The company has revised its financial forecast, predicting a significant year-on-year increase in net sales but maintaining a substantial net loss for the full fiscal year.

More about ispace,inc.

ispace, inc. is a company listed on the Tokyo Stock Exchange, involved in the space industry. It focuses on lunar exploration and development, aiming to expand the economic sphere to the Moon. The company engages in developing lunar landers and rovers, leveraging advanced technology to achieve its space missions.

YTD Price Performance: -8.53%

Average Trading Volume: 3,320,771

Technical Sentiment Consensus Rating: Buy

Current Market Cap: Yen63.85B

Find detailed analytics on 9348 stock on TipRanks’ Stock Analysis page.

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