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Introup Announces First Quarter Financial Results for Fiscal Year Ending July 2023

INTLOOP Co., Ltd.
Introup Announces First Quarter Financial Results for Fiscal Year Ending July 2023
Record highs for both sales and profit margin

INTLOOP Co., Ltd. (Reading: Introop Headquarters: Minato-ku, Tokyo, Representative Director: Hirofumi Hayashi, Securities Code: 9556, hereinafter referred to as our company), which conducts consulting business and project introduction business for freelance engineers and consultants, will open on December 14. On Wednesday (Wednesday), we announced our financial results for the first quarter of the fiscal year ending July 31, 2023.

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■Overview of 1st Quarter Results for Fiscal Year Ending July 2023 Net sales 3,984 million yen (+43.1%)
Operating income 340 million yen (+122.2%)
Ordinary income 340 million yen (+125.2%)
Quarterly net income ¥224 million (+130.9%)
■Quarterly trends in net sales
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In the fourth quarter of the fiscal year ending July 31, 2022, sales increased by 43% and operating income by more than 120% compared to the same period of the previous year, and both the gross profit margin and operating profit margin have improved.
■Quarterly trends in operating income
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The profit margin has improved by more than 3 points compared to the previous fiscal year. The main reasons for this are that the provision for bonuses in the first quarter has not yet been accrued, and that the ratio of salaries and allowances, which is a fixed cost, to sales has declined from 4.8% to 4.1%.
■ Quarterly progress rate
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While the sales growth rate in the first quarter is usually low, the progress rate in the first quarter against the full-year plan for 2023 was higher than usual.
For details, please refer to the financial results briefing materials. ■ Financial results briefing materials
https://www.intloop.com/ir/library/presentations/
■ Matters concerning business plans and growth potential
https://contents.xj-storage.jp/xcontents/AS04982/dfc1c6f2/02a9/4def/a159/e8fac89f1aa9/140120221027551058.pdf ■ About INTLOOP Co., Ltd.
INTLOOP Co., Ltd., whose mission is to solve corporate management issues, is a consulting service that is handled by experienced consultants from domestic and foreign firms who belong to the company as employees. We are mainly developing human resources solution services that support professional human resources such as IT engineers. In addition, we are developing a digital transformation service that provides marketing know-how cultivated through
professional human resource solution services, and a technology solution service that provides development support centered on cutting-edge technology. We have a track record of supporting more than 1,000 companies (as of the end of October 2022), not only domestic companies but also global companies and venture companies. Company name: INTLOOP Co., Ltd.
Representative: Hirofumi Hayashi, Representative Director
Location: Orix Akasaka 2-chome Building 6F, 2-9-11 Akasaka, Minato-ku, Tokyo Established: February 25, 2005
Business: Consulting, Professional Human Resource Support, Technology Solutions, Digital Transformation, Recruitment
URL: https://www.intloop.com/

Details about this release:
https://prtimes.jp/main/html/rd/p/000000078.000023636.html



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