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View All NewsS-Pool full year revenue drops 3.3%
Japanese staffing firm S-Pool (2471: JP) reported revenue today for the full year ended 30 November 2023 of JPY 25.78 billion (USD 177.5 million), a decrease of 3.3% compared with the same period last year.
| (JPY millions) | FY 2022 | FY 2021 | Change | FY 2022 (USD millions) |
| Revenue | 25,784 | 26,650 | -3.3% | 177.5 |
| Gross Profit | 8,838 | 8,741 | 1.1% | 60.8 |
| Gross Margin | 34.2% | 32.8% | - | - |
| Operating Profit | 2,616 | 3,091 | -15.4% | 18.0 |
| Net Income | 2,026 | 1,809 | 12.0% | 13.9 |
Revenue in the business solutions segment rose by 23.1% over the year. The HR solutions business fell by 19.7%.
Founded in 1999, S-Pool is headquartered in Tokyo and provides outsourcing services as well as temporary staffing services in the sales and marketing and office support/secretarial support sectors.
Looking ahead the company forecasted revenue of JPY 27.06 billion (USD 186.3 million) for the year ended 30 November 2024.
S-Pool shares closed at JPY 421.00 (USD 2.90), down 3.88% on the day and 33.23% above the 52 week low of JPY 316.00 (USD 2.18) set on 24 October 2023. The company has a market cap of JPY 34.61 billion (USD 238.27 million).