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View All NewsQuick Co. Ltd full year revenue up 6.1% as profits climb
Quick Co. Ltd (4318: JP), a Japanese staffing firm, reported revenue today for the full year ended 31 March 2023 of JPY 29.48 billion (USD 188.0 million), an increase of 6.1% compared to the previous year.
| (JPY millions) | FY 2023 | FY 2022 | Change | FY 2023 (USD millions) |
| Revenue | 29,487 | 27,794 | 6.1% | 188.0 |
| Gross Profit | 19,910 | 18,420 | 8.1% | 126.9 |
| Gross Margin | 67.5% | 66.2% | - | - |
| Operating Profit | 4,964 | 4,487 | 10.6% | 31.6 |
| Net Income | 3,505 | 3,261 | 7.5% | 22.3 |
Quick Co. Ltd provides recruitment advertising and dispatch (temporary staffing) services in Japan with overseas offices in the US, Vietnam and Mexico.
Revenue in the human resources services business was JPY 20.63 billion (USD 131.5 million), up 8.1% over the year.
Meanwhile, revenue in the recruiting business was JPY 3.24 billion (USD 20.66 million), down 3.9% from the same period last year. At the same time, revenue in the information publishing business was JPY 2.49 billion (USD 15.8 million), up 7.4% compared to the same period last year.
Revenue in the HR platform business stood at JPY 1.32 billion (USD 8.4 million), down 20.5%. Revenue in the overseas business was JPY 1.80 billion (USD 11.4 million), up 32.7% over the prior year.
Looking ahead the company forecasted revenue of JPY 31.67 billion (USD 201.94 million) for the year ended 31 March 2025.
Quick Co Ltd (4318:TYO) closed at JPY 2,409.00 (USD 15.36), up 0.21% on the day and 8.58% below its 52-week high of JPY 2,635.00 (USD 16.80), set on 31 January 2024. The company has a market cap of JPY 45.91 billion (USD 292.74 million).