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View All NewsGakujo 9-month revenue climbs 39% while profits show growth
Japanese recruitment firm Gakujo Co. (2301: JP) reported revenue for the nine months ended 31 July 2022 of JPY 5.76 billion (USD 39.2 million), up 39.2% over the same period a year ago.
| (JPY millions) | 9 months 2023 | 9 months 2022 | Change | 9 months 2023 (USD millions) |
| Revenue | 5,766 | 4,144 | 39.2% | 39.2 |
| Gross Profit | 3,783 | 2,610 | 44.9% | 25.7 |
| Gross Margin | 65.6% | 62.9% | - | - |
| Operating Profit | 1,323 | 517 | 70.2% | 9.0 |
| Net Income | 1,036 | 590 | 75.5% | 7.0 |
Gakujo provides human resources and recruitment services in Japan. It is involved in college campus recruiting, mid-career recruitment, and business recruitment activities. The company also provides staffing services for small and medium-sized venture companies.
Looking ahead the company forecasted revenue of JPY 8.45 billion (USD 57.5 million) for the year ended 31 October 2023.
Gakujo shares closed at JPY 1,911.00 (USD 13.01), up 1.92% on the day and 6.60% below its 52-week high of JPY 2,046.00 (USD 13.93), set on 18 July 2023. The company has a market cap of JPY 29.18 billion (USD 198.63 million).