CyberAgent Financials for OCT – DEC

Posted 16:50 EST on 30JAN2014 by: indie navi news staff in news » ameba, CyberAgent, financials

The following is a partial translation of the article as it appears on Social Game info

January 30th: CyberAgent released its first quarter consolidated statement to the public. CyberAgent’s first quarter was from October to December of last year, during which the company arrived at the following results:

• Sales: 43.3 billion yen, an increase of 7.1 percent in comparison to Q1 of the previous year.
• Operating profit: 4.2 billion yen, an increase of 176.2 percent in comparison to Q1 of the previous year.
• Operating income: 4.3 billion yen, a 166.5 percent increase
• Net profit for Q1: 2 billion yen, a 36.4 percent decrease

CyberAgent also announced that the prior investment period for the smartphone version of its SNS / games platform Ameba was at a close, now moving toward making profits.

Business operations related to Ameba yielded sales of 7.9 billion yen, a 30 percent increase from the same period of the previous year, and operating profits of 34M yen, a market improvement from the 3 billion yen loss in the same quarter of the previous year.

The turnaround is attributed to CyberAgent’s release of a smartphone version of the SNS / games platform, and improvements to the quality and management of the existing versions, which lead to improved revenue from Ameba titles and advertising. With the prior investment period for the smartphone version of Ameba also out of the way, the platform was able to turn a modest but important profit.

CyberAgent’s social applications and native applications were also profitable, yielding sales of 14.7 billion yen (a 6.6 percent decrease from the same period in the previous year) and operating profits of 2.1 billion yen (a 120.5 percent increase).

Image source: Social Game Info

From traditional Internet advertising, CyberAgent gained sales of 24.2 billion yen (an increase of 25.1 percent in comparison to the same period of the previous year) and operating profits of 2 billion yen (a 1.3 percent decrease). CyberAgent has been successful in expanding its smartphone advertising operations, but due to investments in ad technologies, operating profits remained at previous amounts.

For the business period ending in September of this year, CyberAgent is predicting sales of 180 billion yen (a 10.8 percent increase in comparison to the year prior), operating profits of 20 billion (a 93.8 percent increase), and operating income of 20 billion yen (an increase of 89.2 percent). CyberAgent also predicts net profits of 10 billion yen (a 4.8 percent increase) for the period.

News and image source: Social Game Info