Cybertrust <4498> announced its consolidated financial results for the second quarter of the fiscal year ending March 2025 (April-September 24th year). Revenue increased by 11.8% year-on-year to 3.331 billion yen, operating profit was 0.543 billion yen, up 27.8% year-on-year, ordinary profit increased by 30.5% to 0.556 billion yen, and net income attributable to parent company shareholders increased by 45.1% to 0.409 billion yen.

The revenue from authentication and security services amounted to 1.865 billion yen, an increase of 1.1% compared to the same period last year. Capturing the security needs driven by the expansion of the DX market, transactions with various partners in the (1) electronic authentication service 'iTrust' for financial institutions offering eKYC services and electronic contract services, and (2) device certificate management service 'DeviceID' for enterprises offering cloud authentication services have increased, leading to growth.

The revenue from Linux/OSS services reached 0.908 billion yen, an increase of 37.3%. Revenue contributions have been substantial since July, including CentOS 7 extended support due to the end of community support in June 2024 and products from partner CloudLinux Inc.

The revenue from IoT services amounted to 0.557 billion yen, an increase of 17.6%. Adoption has expanded in devices requiring vulnerability management and long-term support due to regulatory compliance and industry cyber security guidelines. In addition, the solid acquisition of outsourcing development projects by Lineo Solutions has contributed to the growth.

Regarding the consolidated performance forecast for the full year ending March 2025, with favorable progress, revenue is expected to increase by 11.3% from the previous year to 7.2 billion yen, operating profit to increase by 16.9% to 1.3 billion yen, ordinary profit to increase by 15.9% to 1.3 billion yen, and net income attributable to parent company shareholders to increase by 65.8% to 0.86 billion yen, maintaining the initial plan.