Basis <4068> announced its consolidated financial results for the first quarter of the fiscal year ending June 2025 (July-September 2024) on the 14th. Revenue increased by 35.8% compared to the same period last year, totaling 1.897 billion yen, operating profit was 0.014 billion yen, ordinary profit was 0.008 billion yen, and net income attributable to the parent company's shareholders was 0.002 billion yen.

The company group is working to evolve from a 'communications infrastructure engineering company' to a 'company engineering overall ICT infrastructure' based on the ongoing medium-term management plan (FY2024-FY2026) for further growth toward achieving the '2030 Vision'.

Regarding each business area, while there continues to be a suppression of capital investment by mobile carriers in the mobile engineering field, in the iot engineering field, continuous proposals for stock projects such as monitoring and maintenance, as well as flow projects like smart meter installations, have proven effective, leading to the acquisition of highly profitable stock projects. A business strategy to shift management resources to the growth-anticipated iot engineering services had been proposed since the previous year, and gradual results are beginning to appear. Additionally, the expansion of business into IT infrastructure areas related to servers and networks is also being advanced, starting from the maintenance area where entry barriers are low and planning to expand into higher-priced upstream processes.

The breakdown of revenue by service shows mobile engineering services at 0.851 billion yen (94.0% year-on-year), iot engineering services at 0.734 billion yen (163.8% year-on-year), and qitabankuai at 0.311 billion yen (720.2% year-on-year).

For the consolidated financial forecast for the fiscal year ending June 2025, the initial plan remains unchanged with revenue expected to increase by 16.1% from the previous period to 7.92 billion yen, operating profit up 30.1% to 0.103 billion yen, ordinary profit up 22.6% to 0.093 billion yen, and net income attributable to the parent company's shareholders projected to increase by 294.6% to 0.051 billion yen.