Gmo Financial Gate, Inc. Provides Earnings Forecast for the Second Quarter and Fiscal Year Ending September 2023
November 14, 2022 at 11:31 am IST
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GMO Financial Gate, Inc. provided earnings forecast for the second quarter and Fiscal Year Ending September 2023. For the quarter, the company expects Revenue of JPY 6,115 million, Operating profit of JPY 453 million, Profit attributable to owners of parent of JPY 283 million, Basic earnings per share of JPY 68.59.
For the year, the company expects Revenue of JPY 12,470 million, Operating profit of JPY 930 million, Profit attributable to owners of parent of JPY 580 million, Basic earnings per share of JPY 140.45.
GMO Financial Gate Co Ltd is a Japan-based company mainly engaged in the provision of face-to-face payment terminals and payment processing services. It provides two kinds of services. The payment processing service provides credit and sales information processing service for retailers, restaurants and other member stores. It provides credit reference terminal (CCT) and operates payment information processing center called CCT Center. It provides CCT connection method/direct merchant contract, CCT connection method/general merchant contract, merchant point of sale information (POS) connection method/direct merchant contract and merchant POS connection method/general merchant contract four business models. It provides contact-type credit and debit card payment, contactless-type electronic money payment and code-type payment. The payment agency service has merchant agency contract and comprehensive merchant contract two business models.