AUTOSERVER CO.,LTD. [5589.T]

TOKYO, May 14 (Pulse News Wire) – Autoserver CO.,LTD. (5589.T) reported robust performance for its fiscal first quarter ending December 31, 2024.

Revenue reached ¥753 million, up 82% compared to the same period last year and exceeding the plan value by 60%. Ordinary profit stood at ¥480 million, marking a 57% increase year-over-year and surpassing the plan value by 57%.

The strong results were driven primarily by increased transaction volumes through its AS One Plus service, which achieved record quarterly and monthly transaction counts. Despite challenges such as rising prices, the company's active member base continued to grow, reaching 78,382 members, a 0.6% increase from the previous quarter.

Looking ahead, the company remains optimistic about its growth strategy and capital cost management, aiming to further enhance its market share and operational efficiency.

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