Baycurrent Reports Strong Q1 Revenue Growth Driven by Cybersecurity and Defense Demand
TOKYO, Jul 15 (Pulse News Wire) – Baycurrent,inc. (6532.T) reported robust revenue growth of ¥44.58 billion in the first quarter of fiscal 2027, driven by increased demand in cybersecurity and defense sectors.
The company's earnings before interest, taxes, depreciation, and amortization (EBITDA) reached ¥14.89 billion, reflecting higher costs associated with proactive hiring and development investments aimed at capturing emerging needs. Looking ahead, BayCurrent expects continued strong performance through the remainder of the fiscal year, projecting revenues to grow further due to sustained investment in digital transformation (DX) and artificial intelligence (AI). The firm anticipates maintaining its leadership position in providing comprehensive solutions to major corporations across various industries, focusing on high-value-added services and expanding capabilities.
For the full fiscal year, BayCurrent forecasts sales to increase by ¥148.3 billion and EBITDA to reach ¥52.12 billion. The company also outlined plans for shareholder returns, including interim dividends of ¥65 per share and final dividends of ¥65, totaling ¥130 per share for the fiscal year. Additionally, BayCurrent emphasized its commitment to strategic capital allocation, prioritizing reinvestment in key areas such as talent acquisition and office expansion to support future growth.
