Net Protections Holdings, Inc. Provides Financial Forecast for the First Half and Fiscal Year Ending March 31, 2025
May 15, 2024 at 12:00 pm IST
Share
Net Protections Holdings, Inc. provided financial forecast for the first six months and fiscal year ending March 31, 2025. For the first six months, the company expected Total operating revenue of JPY 10,740 million, Operating loss of JPY 243 million, Loss attributable to owners of parent of JPY 167 million and Basic loss per share of JPY 1.72.
For the fiscal year ending March 31, 2025, the company expected Total operating revenue of JPY 23,000 million, Operating profit of JPY 520 million, Profit attributable to owners of parent of JPY 268 million and Basic loss per share of JPY 2.75.
Net Protections Holdings Inc is a Japan-based company mainly engaged in the settlement solutions business. The Company is mainly engaged in the settlement solutions business, offering the BNPL settlement service, which guarantees credit risk. The feature of this service is that customers can outsource a series of settlement-related operations as a one-stop service. Settlement-related operations include credit screening, invoicing, payment confirmation/cancellation, reminders/collections, and handling of bad debts, and there are specialized companies for each of these operations. In addition, as a comprehensive provider of BNPL payment services, it offers BNPL payment services regardless of the transaction type, such as individual, corporate, e-commerce (EC), and face-to-face sales. Its services include the services for business-to-consumer (B2C) transactions NP Postpaid, Atone, and Afty, and for business-to-business (B2B) transactions NP payment.