Skip page header and navigation

Dip Corp 9-month revenue ticks up 6%, recruitment revenue up

Dip Corp 9-month revenue ticks up 6%, recruitment revenue up

Danny Romero
| January 15, 2025

main article

Japanese staffing firm and job board Dip Corp. (2379: JP) reported revenue on 14 January for the nine months ended 30 November 2024 of JPY 42.65 billion (USD 271.7 million), up 6.0% over the year.

(JPY millions)

9 months 2024

9 months 2023

Change

9 months 2024 (USD millions)

Revenue

42,652

40,255

6.0%

271.7

Gross Profit

38,294

35,915

6.6%

243.9

Gross Margin

89.8%

89.2%

-

-

Operating Profit

10,881

9,818

10.8%

69.3

Net Income

7,361

6,830

7.8%

46.8

The company is primarily involved in the provision of job information and employment agency business through the Internet.

During the nine months ended November 30, 2024, revenue in the personnel recruiting services business saw steady progress. As a result, revenue rose 4.9% over the year.

Revenue in the digital transformation business was up 14.8% over the year.

Looking ahead, the company forecasted revenue of JPY 57.60 billion (USD 366.95 million) for the year ended 28 February 2025.

Dip Corp shares closed on 14 January at JPY 2,498 (USD 15.91), up 0.16% on the day. The company has a market cap of JPY 138.02 billion (USD 879.3 million).