MEDIROM Healthcare Technologies ( (MRM) ) has provided an update.
On February 18, 2025, MEDIROM Healthcare Technologies Inc. announced its preliminary, unaudited financial results for the year ended December 31, 2024, prepared under Japanese generally accepted accounting principles. The company reported an expected revenue of approximately JPY8.2 billion, an increase driven by the sale of salons to investors and revenue from the rehabilitation business acquired in October 2024. Adjusted operating income is projected at approximately JPY160 million, marking a significant improvement from the previous year’s operating loss, due to revenue growth outpacing the increase in operating expenses. Key performance indicators include 308 salons operating, serving 945,395 customers, with a 76.3% repeat customer rate.
More about MEDIROM Healthcare Technologies
MEDIROM Healthcare Technologies Inc. is a holistic healthcare company based in Japan. The company is primarily involved in operating salons and providing rehabilitation services, focusing on sustaining revenue growth and operating profitability.
YTD Price Performance: -20.79%
Average Trading Volume: 213,290
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $6.32M
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