GMO Media ＜6180＞ announced consolidated financial results for the 1st quarter (January to March 24) of the fiscal year ending 2024/12 on the 8th. Sales increased 13.0% from the same period last year to 1,721 billion yen, operating profit increased 27.9% to 242 million yen, ordinary profit increased 30.3% to 245 million yen, and quarterly net profit attributable to parent company shareholders increased 39.4% to 174 million yen.

Sales in the media business were 1,493 million yen, up 16.8% from the same period last year, and operating profit was 177 million yen, up 58.8% from the same period last year. The company has its own customer base, and the same business, which is a service that operates a site on a web/application and a service related to it, is growing steadily, mainly in the advertising game business and the education/aesthetic medicine business.

Sales in the solutions business fell 6.7% to 228 million yen, and operating profit decreased 16.0% to 65 million yen. The same business, which is a service that externally develops functions developed in-house and supports service monetization and engagement improvement for partner partners, experienced a decline in sales and profit due to sluggish demand during the busy season, which was strong last year, even though the number of users grew steadily.

Regarding the consolidated earnings forecast for the full year ending 2024/12, the initial plan for sales is 6.90 billion yen, up 10.1% from the previous fiscal year, operating income of 650 million yen, up 21.7% from the same period, ordinary profit of 640 million yen, up 18.4% from the same period, and net income attributable to parent company shareholders to 420 million yen, up 16.2% from the same period.