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An update from ispace,inc. ( (JP:9348) ) is now available.
ispace, inc. announced an upward revision of its financial forecasts for the fiscal year ending March 31, 2025, due to a change in the method of net sales recognition for its Mission 2. This shift from the cost recovery method to revenue recognition based on progress, stemming from the mission’s operational phase, has resulted in a significant increase in projected net sales and reduced expected losses, signaling a positive impact on the company’s financial performance and market positioning.
More about ispace,inc.
ispace, inc. operates in the aerospace industry, focusing on lunar exploration and development. The company provides payload delivery services to the Moon, with missions designed to support commercial and scientific endeavors.
YTD Price Performance: -8.53%
Average Trading Volume: 3,320,771
Technical Sentiment Consensus Rating: Buy
Current Market Cap: Yen63.85B
See more data about 9348 stock on TipRanks’ Stock Analysis page.
