TWOSTONE&Sons <7352> announced its consolidated financial results for the fiscal year ending August 2024 on the 15th. Revenue increased by 42.1% to 14.29 billion yen, operating profit increased by 48.6% to 0.474 billion yen, ordinary profit increased by 42.3% to 0.445 billion yen, and net income attributable to parent company shareholders increased by 11.0% to 0.188 billion yen.

Revenue from the engineering platform service increased by 36.7% to 12.76 billion yen, and segment profit increased by 49.4% to 1.1 billion yen. In the Midworks business, which mainly matches companies with freelance engineers, the company focused on acquiring new clients, increasing the number of working engineers, investing in advertising for engineer recruitment, hiring internal sales personnel, and actively investing in mainland education.

Revenue from the marketing platform service decreased by 26.8% to 0.495 billion yen, and segment profit decreased by 74.3% to 0.04 billion yen. As a result of expanding services to general web marketing consulting, orders grew steadily.

Revenue from consulting and advisory services was 1.034 billion yen (compared to 0.044 billion yen in the same period last year), and segment profit was 0.283 billion yen (compared to a loss of 0.044 billion yen in the same period last year). The company hired personnel with extensive industry experience and expanded its business.

Regarding the full-year consolidated performance forecast for the fiscal year ending August 2025, expected revenue is to increase by 30.2% to 18.6 billion yen, operating profit to increase by 30.6% to 0.62 billion yen, ordinary profit to increase by 34.1% to 0.597 billion yen, and net income attributable to parent company shareholders to increase by 58.1% to 0.298 billion yen.