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Mercari (MRCIF)
:MRCIF
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Earnings Data
Report Date
Feb 06, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.11Last Year’s EPS
0.07Same Quarter Last Year
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 08, 2018
|% Change Since: -9.76%
|Next Earnings Date:Aug 09, 2018
Earnings Call Sentiment|Positive
Mercari demonstrated strong financial performance with record high revenue and profit, significant growth in Fintech, and successful new service launches. However, some challenges remain, especially in the U.S. market and in achieving desired Marketplace growth.Company Guidance
During the FY '24 earnings call for Mercari, several key metrics were highlighted. The company achieved a record high consolidated revenue of JPY 187.4 billion, marking a 9% year-on-year growth, and a core operating profit (OP) increase of 30% year-on-year, reaching JPY 18.8 billion. The Marketplace business achieved an adjusted core operating margin at the upper limit of its target at 40%, while the Fintech segment saw a revenue growth of 40% year-on-year, significantly expanding its credit business. In the U.S., although the core operating loss decreased, the business did not return to growth as expected. Mercari's new services showed promise, with Mercard issuing over 3.4 million cards and Mercari Hallo accumulating 5 million users within three months. Cross-border transaction GMV grew 3.5x year-on-year, and B2C GMV increased 2.7x. For FY '25, Mercari projects revenue between JPY 200 billion to JPY 210 billion and core OP between JPY 22 billion to JPY 25 billion, aiming for a GMV growth of around 10% and an adjusted core OP margin of 37% to 42%.Record High Consolidated Revenue and Core Operating Profit
Mercari marked record high consolidated revenue of JPY 187.4 billion and core operating profit of JPY 18.8 billion, showing a 9% and 30% year-on-year increase respectively.
Significant Growth in Fintech Business
The Fintech business achieved a 40% year-on-year revenue growth, reaching JPY 43.7 billion. The credit business, a key profit center, grew by 60% year-on-year.
Successful Launch of New Services
Mercard, launched at the end of 2022, issued more than 3.4 million cards. Mercari Hallo, launched in March, gained 5 million registered users in nearly 3 months.
Growth in Cross-Border Transactions and B2C
GMV from cross-border transactions grew 3.5x year-on-year, and B2C GMV grew 2.7x, indicating strong growth in these segments.
Improvement in U.S. Business Operating Loss
The core operating loss of the U.S. business significantly decreased due to reexamining fixed costs, including marketing and payroll expenses.
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MRCIF Earnings History
Report Date | Fiscal Quarter | Forecast / EPS | Last Year's EPS | EPS YoY Change | Press Release | Slides | Play Transcript |
|---|---|---|---|---|---|---|---|
| Aug 09, 2018 | 2018 (Q4) | ― | ― | ― | ― | ||
| Nov 08, 2018 | 2019 (Q1) | ― | ― | ― | ― | ||
| Feb 07, 2019 | 2019 (Q2) | ― | ― | ― | ― | ||
| May 09, 2019 | 2019 (Q3) | ― | ― | ― | ― | ||
| Aug 08, 2019 | 2019 (Q4) | -0.244 | -59.02% (-0.14) | ― | ― | ||
| Nov 07, 2019 | 2020 (Q1) | -0.186 | -134.41% (-0.25) | ― | ― | ||
| Feb 06, 2020 | 2020 (Q2) | -0.098 | -327.55% (-0.32) | ― | ― | ||
| Apr 30, 2020 | 2020 (Q3) | -0.177 | -171.75% (-0.30) | ― | ― | ||
| Aug 06, 2020 | 2020 (Q4) | -0.281 | 91.94% (+0.26) | ― | ― | ||
| Oct 30, 2020 | 2021 (Q1) | -0.296 | 158.50% (+0.47) | ― | ― |
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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MRCIF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 06, 2024 | $13.52 | $12.00 | -11.24% |
| Aug 13, 2024 | $14.35 | $14.85 | +3.48% |
| May 10, 2024 | $11.60 | $12.31 | +6.12% |
| Feb 13, 2024 | $16.20 | $16.55 | +2.16% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Mercari (MRCIF) report earnings?
Mercari (MRCIF) is schdueled to report earning on Feb 06, 2025, TBA Not Confirmed.
What is Mercari (MRCIF) earnings time?
Mercari (MRCIF) earnings time is at Feb 06, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is MRCIF EPS forecast?
MRCIF EPS forecast for the fiscal quarter 2025 (Q2) is 0.11.
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