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Money Forward, Inc. ( (JP:3994) ) has issued an announcement.
Money Forward, Inc. announced the recording of extraordinary losses and operating expenses for Q4 of their fiscal year ending November 30, 2024, due to discontinuing certain service developments and incurring costs from a joint venture with Sumitomo Mitsui Card Company. The actual earnings results for the fiscal year fell short of forecasts, primarily due to increased operating expenses and tax liabilities, impacting the company’s profitability and financial outlook.
More about Money Forward, Inc.
Money Forward, Inc. operates in the financial technology industry, focusing on providing personal financial management services. Their primary products include Money Forward ME, a service that helps individuals manage their finances, and they have a significant market focus on integrating financial services with partners such as Sumitomo Mitsui Card Company.
YTD Price Performance: 1.39%
Average Trading Volume: 15
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €1.65B
For a thorough assessment of 3994 stock, go to TipRanks’ Stock Analysis page.
