Gooddays Holdings Inc

Gooddays Holdings Inc maintains a strong liquidity position, with cash and equivalents amounting to ¥1,078.87 million, representing 21.37% of total assets. The company's liquidity FPT (free cash flow to total liabilities) is robust, supported by a current ratio of 1.4 and a debt-to-equity ratio of 0.18, indicating a conservative capital structure.

Profitability metrics show a return on equity (ROE) of 6.12% and a return on assets (ROA) of 3.29%, both below the industry median for IT Services & Consulting. The company's operating margin is 10.86% (¥278.63 million operating income on ¥2.57 billion revenue), which is in line with the sector average but leaves room for improvement in cost management.

Geographic and segment exposure is not explicitly detailed in the available data, but the company's revenue is likely concentrated in its core IT services. The absence of disclosed geographic breakdowns suggests a potential concentration risk, though the company's operations are primarily domestic.

The company's growth trajectory is modest, with no significant revenue acceleration in the current fiscal year. Analyst estimates for revenue and EPS align closely with reported figures, suggesting stable but not explosive growth. The company's capital expenditures are negative (¥589.39 million), indicating asset disposals or a reduction in capital spending.

Risk factors are minimal, with low liquidity and dilution risk scores. The company has no immediate filing-based liquidity or dilution flags, and the dilution potential is low, supported by a lack of recent share issuance or ATM programs. The conservative debt structure and strong cash reserves further mitigate financial risk.

Recent filings and transcripts do not highlight any material events or strategic shifts. The company's financial performance remains stable, with no significant deviations from historical trends. The absence of recent material events suggests a low-volatility business model.

Revenue grew 18.2% year-over-year to JPY 8.8 billion in fiscal 2025, demonstrating strong top-line expansion momentum.

Operating margin of 10.9% significantly exceeds the 5.1% median for the IT Services & Consulting cohort.

Free cash flow surged 144.9% year-over-year to JPY 105.5 million, indicating improved cash generation capabilities.

Net income CAGR of 88.4% over four years highlights robust historical profitability growth for the company.

Cash conversion ratio of 0.22 falls well below the 1.0 cohort median, signaling weak cash generation relative to earnings.

Free cash flow turned negative in fiscal 2023 and 2024, showing inconsistent cash flow generation over recent years.

Revenue ¥3.21B, +69,6% YoY; Operating income +1 496,7% YoY.

• ▍Revenue ¥3.21B, +69,6% YoY
• ▍Operating income +1 496,7% YoY
• ▍Net income +583,1% YoY
• ▍Net margin 8.2%

Revenue ¥3.00B, +23,9% YoY; Operating income +0,3% YoY.

• ▍Revenue ¥3.00B, +23,9% YoY
• ▍Operating income +0,3% YoY
• ▍Net income +12,3% YoY
• ▍Net margin 6.0%

Revenue ¥1.96B, +1,2% YoY; Operating income −130,7% YoY.

• ▍Revenue ¥1.96B, +1,2% YoY
• ▍Operating income −130,7% YoY
• ▍Net income −99,3% YoY
• ▍Net margin 0.0%

Revenue ¥2.55B, −0,6% YoY; Operating income −22,7% YoY.

• ▍Revenue ¥2.55B, −0,6% YoY
• ▍Operating income −22,7% YoY
• ▍Net income +7,4% YoY
• ▍Net margin 7.0%

Revenue ¥1.90B; Operating income -¥29.2M.

• ▍Revenue ¥1.90B
• ▍Operating income -¥29.2M
• ▍Net margin -2.9%

Revenue ¥2.42B; Operating income ¥275.8M.

• ▍Revenue ¥2.42B
• ▍Operating income ¥275.8M
• ▍Net margin 6.6%

Revenue ¥1.94B; Operating income ¥86.1M.

• ▍Revenue ¥1.94B
• ▍Operating income ¥86.1M
• ▍Net margin 2.8%

Revenue ¥2.57B; Operating income ¥278.6M.

• ▍Revenue ¥2.57B
• ▍Operating income ¥278.6M
• ▍Net margin 6.5%

Revenue ¥8.81B, +18,2% YoY; Operating income +10,7% YoY.

• ▍Revenue ¥8.81B, +18,2% YoY
• ▍Operating income +10,7% YoY
• ▍Net income +12,3% YoY
• ▍Free cash flow +144,9% YoY
• ▍Net margin 3.8%

Revenue ¥7.45B, +16,6% YoY; Operating income −9,1% YoY.

• ▍Revenue ¥7.45B, +16,6% YoY
• ▍Operating income −9,1% YoY
• ▍Net income −16,3% YoY
• ▍Free cash flow −231,5% YoY
• ▍Net margin 4.0%

Revenue ¥6.39B, +4,6% YoY; Operating income +23,1% YoY.

• ▍Revenue ¥6.39B, +4,6% YoY
• ▍Operating income +23,1% YoY
• ▍Net income +23,1% YoY
• ▍Free cash flow −127,8% YoY
• ▍Net margin 5.6%

Revenue ¥6.11B, +12,2% YoY; Operating income +607,0% YoY.

• ▍Revenue ¥6.11B, +12,2% YoY
• ▍Operating income +607,0% YoY
• ▍Net income +988,3% YoY
• ▍Free cash flow +908,7% YoY
• ▍Net margin 4.8%