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Mercari ( (JP:4385) ) has provided an update.
Mercari reported its consolidated financial results for the six months ending December 31, 2024, indicating positive growth compared to the previous year. The company experienced increases in revenue and profits, with a notable rise in operating profit by 45.9% and profit attributable to owners by 62.3%. The financial position has strengthened, with total assets increasing marginally, and the company maintains a forecast of continued growth for the fiscal year ending June 30, 2025. This financial performance suggests an improving market position for Mercari, potentially benefiting stakeholders through enhanced returns and stability.
More about Mercari
Mercari, Inc. is a company listed on the Tokyo Stock Exchange, primarily operating in the online marketplace industry. It is known for its mobile marketplace app that allows users to buy and sell items easily, focusing on the Japanese market and expanding its presence globally.
YTD Price Performance: 5.71%
Average Trading Volume: 100
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.99B
Learn more about 4385 stock on TipRanks’ Stock Analysis page.
