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View All NewsGakujo H1 revenue rises 48.8% as profits report improvement
Japanese recruitment firm Gakujo Co. (2301: JP) reported revenue for the first six months ended 30 April 2022 of JPY 2.16 billion (USD 23.1 million), down 2.1% compared with last year.
| (JPY million) | H1 2023 | H1 2022 | Change | H1 2023 (USD million) |
| Revenue | 3,217 | 2,161 | 48.8% | 23.1 |
| Gross Profit | 2,031 | 1,194 | 70.0% | 14.6 |
| Gross Margin | 63.1% | 55.2% | - | - |
| Operating Profit | 454 | -128 | - | 3.2 |
| Net Income | 387 | 18 | 1,986.9% | 2.8 |
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 60.7 million) for the year ended 31 October 2023.
Gakujo set a new 52-week high during today's trading session when it reached JPY 1,895.00 (USD 13.62). Over this period, the share price is up 100.32%. Shares closed at JPY 1,895 (USD 13.62), up 3.78% on the day. The company has a market cap of JPY 28.41 billion (USD 204.1 million).