KLab Inc. announced consolidated earnings results for the year ended December 31, 2017. For the year, the company reported revenue of JPY 26,777,603,000 compared to JPY 19,599,729,000 a year ago. Operating income was JPY 4,891,128,000 compared to JPY 1,274,730,000 a year ago. Ordinary income was JPY 4,853,644,000 compared to JPY 830,452,000 a year ago. Income before income taxes was JPY 4,797,028,000 compared to loss of JPY 478,262,000 a year ago. Income attributable to owners of parent was JPY 3,127,450,000 or JPY 84.89 per share compared to loss of JPY 814,124,000 or JPY 22.26 per diluted share a year ago. Net cash provided by operating activities was JPY 5,072,964,000 compared to JPY 1,553,387,000 a year ago. Purchase of property, plant and equipment was JPY 174,936,000 compared to JPY 93,357,000 a year ago. Purchase of intangible assets was JPY 2,052,149,000 compared to JPY 1,031,295,000 a year ago.

The company provided consolidated earnings guidance for the year ending December 31, 2018. For the year, the company expects revenue of JPY 38,500 million- JPY 33,500 million, operating income of JPY 6,250 million- JPY 3,750 million, ordinary income of JPY 6,150 million - JPY 3,650 million and profit attributable to owners of parent of JPY 4,200 million- JPY 2,350 million or JPY 14.00- JPY 63.79 per share.