LINE's first financial results since listing show significant revenue growth and a turnaround to profits!
table of contents
This is Nakauchi, the person who "leaves all server matters to me."
It's a little late, but LINE (3938) announced its first financial results since listing on July 27th, so I'll summarize them here!
Reference ⇒Summary of financial results for the second quarter of the fiscal year ending December 31, 2016 [IFRS] (consolidated)
| item | performance |
|---|---|
| Sales | 67.31 billion yen (up 19.8% from the same period last year) |
| Operating income | 13,367 million yen (turned profitable) |
| Operating profit | 10,688 million yen (turned profitable) |
| Net profit | 2.559 billion yen (turned profitable) |
| Earnings per share | 14.63 yen (turned black) |
In addition to sales revenue from communications, advertising sales contributed to the expansion of sales revenue, resulting in increased revenue and a return to profitability
LINE Business Portal Business
communication
- Pop-up stamps released
- New LINE Creators Themes launched
The top two categories saw solid sales revenue
content
LINE Brown Farm performed well, but content sales revenue decreased slightly compared to the same period last year due to the launch of new titles from July onwards
Advertising sales
In addition to traditional messenger-based advertising such as official accounts and sponsored stickers, the company launched the LINE Ads Platform in June, and performance-based advertising such as TimeLine and LINE NEWS has been steadily contributing to revenue
MixRadio business
Through MixRadio Limited, the Company continued to provide the radio-style music distribution service MixRadio, but in February 2016, the Board of Directors resolved to terminate the MixRadio business, which ended on March 21, 2016
Digression
My mom bragged to me that she got a stake in LINE's IPO (initial public offering)
Mom... I haven't heard from you since then, are you doing well?
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