Living Platform Ltd

Living Platform Ltd has a liquidity position that is characterized by a current ratio of 1.08, indicating that the company has just enough current assets to cover its current liabilities. The company's price-to-book ratio is 3.17, and its price-to-tangible-book ratio is also 3.17, suggesting that the market is valuing the company's equity at a premium relative to its book value. The company's debt-to-equity ratio is 3.6, which is relatively high and indicates a significant reliance on debt financing.

In terms of profitability, Living Platform Ltd has a return on equity of 6.3%, which is a measure of how effectively the company is using shareholders' equity to generate profits. The return on assets is 0.94%, which is relatively low and suggests that the company is not efficiently using its assets to generate earnings. These metrics are compared against the industry's preferred metrics, and the company's performance appears to be below the median for its industry.

The company's revenue is concentrated in a single segment, as there are no disclosed segments beyond the overall healthcare facilities and services operations. Geographically, the company's exposure is primarily within Japan, as the financial data is reported in Japanese Yen and there is no indication of significant international operations.

Looking at the growth trajectory, the company's revenue for the latest period is reported at 4,369,434,000 JPY. The analyst estimates for the last actual revenue were 19,204,570,000 JPY, which suggests a significant discrepancy between the reported revenue and the analyst estimates. This discrepancy may indicate either a change in the company's operations or a potential issue with the accuracy of the financial reporting.

The risk assessment for Living Platform Ltd indicates a medium level of liquidity risk, with a key flag noting that the company's net cash is negative after subtracting total debt. The dilution risk is assessed as low, which suggests that the company is not expected to issue additional shares that could dilute existing shareholders' equity in the near term. The company's capital structure, with a high debt-to-equity ratio, may also contribute to credit risk, as the company's ability to meet its debt obligations could be affected by changes in interest rates or economic conditions.

Recent events related to Living Platform Ltd include the latest financial reporting, which shows a net income of 104,666,000 JPY. The company's operating cash flow is positive at 1,509,635,000 JPY, which is a positive sign for its ability to generate cash from operations. However, the capital expenditure is reported as a negative value of -631,301,000 JPY, which may indicate that the company is investing in new projects or assets. These recent financial activities suggest that the company is actively managing its operations and investments.

Revenue grew 20.4% annually over four years, demonstrating strong top-line expansion momentum for the company.

Net income surged 93.1% year-over-year in fiscal 2025, indicating a significant acceleration in profitability.

Free cash flow turned positive in fiscal 2025, marking a critical shift from previous years of negative cash generation.

Cash conversion ratio of 14.42 is best-in-class compared to the cohort median of 1.36, highlighting operational strength.

Debt-to-equity ratio of 3.6 is significantly higher than the cohort median of 0.32, indicating excessive financial leverage.

The company faces high credit risk, suggesting potential difficulties in meeting financial obligations or securing favorable financing.

Medium liquidity risk flags potential challenges in meeting short-term financial obligations without significant asset liquidation.

Revenue ¥5.63B, +14,5% YoY; Operating income +37,9% YoY.

• ▍Revenue ¥5.63B, +14,5% YoY
• ▍Operating income +37,9% YoY
• ▍Net income +69,7% YoY
• ▍Net margin 1.7%

Revenue ¥5.43B, +15,1% YoY; Operating income +149,7% YoY.

• ▍Revenue ¥5.43B, +15,1% YoY
• ▍Operating income +149,7% YoY
• ▍Net income +61,4% YoY
• ▍Net margin 1.7%

Revenue ¥5.35B, +17,3% YoY; Operating income +177,1% YoY.

• ▍Revenue ¥5.35B, +17,3% YoY
• ▍Operating income +177,1% YoY
• ▍Net income +90,0% YoY
• ▍Net margin 1.7%

Revenue ¥5.01B, +14,6% YoY; Operating income +119,0% YoY.

• ▍Revenue ¥5.01B, +14,6% YoY
• ▍Operating income +119,0% YoY
• ▍Net income +97,0% YoY
• ▍Net margin 4.1%

Revenue ¥4.91B; Operating income ¥109.9M.

• ▍Revenue ¥4.91B
• ▍Operating income ¥109.9M
• ▍Net margin 1.2%

Revenue ¥4.72B; Operating income ¥71.5M.

• ▍Revenue ¥4.72B
• ▍Operating income ¥71.5M
• ▍Net margin 1.2%

Revenue ¥4.56B; Operating income ¥42.0M.

• ▍Revenue ¥4.56B
• ▍Operating income ¥42.0M
• ▍Net margin 1.0%

Revenue ¥4.37B; Operating income ¥46.3M.

• ▍Revenue ¥4.37B
• ▍Operating income ¥46.3M
• ▍Net margin 2.4%

Revenue ¥19.20B, +15,2% YoY; Operating income +1 643,5% YoY.

• ▍Revenue ¥19.20B, +15,2% YoY
• ▍Operating income +1 643,5% YoY
• ▍Net income +93,1% YoY
• ▍Free cash flow +1 448,3% YoY
• ▍Net margin 1.9%

Revenue ¥16.66B, +21,7% YoY; Operating income +90,9% YoY.

• ▍Revenue ¥16.66B, +21,7% YoY
• ▍Operating income +90,9% YoY
• ▍Net income +106,5% YoY
• ▍Free cash flow +96,0% YoY
• ▍Net margin 1.1%

Revenue ¥13.69B, +17,8% YoY; Operating income −149,6% YoY.

• ▍Revenue ¥13.69B, +17,8% YoY
• ▍Operating income −149,6% YoY
• ▍Net income −77,5% YoY
• ▍Free cash flow +2,9% YoY
• ▍Net margin 0.7%

Revenue ¥11.63B, +27,3% YoY; Operating income +324,0% YoY.

• ▍Revenue ¥11.63B, +27,3% YoY
• ▍Operating income +324,0% YoY
• ▍Net income +617,0% YoY
• ▍Free cash flow +65,7% YoY
• ▍Net margin 3.5%