bullish
Gurunavi (2440 JP) - From Defense to Offense
SUMMARY
- As outlined in its initial forecasts from May 2024, Gurunavi (hereafter, the Company) projected an operating loss of JPY 330 mn and a net loss of JPY 350 mn for the first half of FY2025/3.
- The Company anticipated a recovery in the second half to achieve full-year operating profit of JPY 150 mn and net profit of JPY 110 mn.
- However, following an upward revision announced with Q1 results, the Company reported an operating profit of JPY 278 mn and a net profit of JPY 247 mn for the first half, successfully achieving profitability during the period.
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