Welby Inc

Welby Inc has a strong liquidity position, with cash and equivalents amounting to 10,596,880,000 JPY, significantly exceeding its total liabilities of 329,918,000 JPY, resulting in a current ratio of 3.9. The company's price-to-book ratio is 2.34, indicating that the market values the company at a premium to its book value.

The company's profitability is currently negative, with a net loss of 126,981,000 JPY and an operating loss of 128,358,000 JPY. Its return on equity is -13.11%, and return on assets is -9.78%, both significantly below the industry median for software companies. This suggests that Welby Inc is underperforming in terms of generating returns for its shareholders and asset utilization.

Welby Inc's revenue is concentrated in a single business segment, as disclosed in its financial statements, with no geographic breakdown provided. This lack of diversification may expose the company to higher risk if demand in its primary market fluctuates.

Looking ahead, Welby Inc is expected to face challenges in improving its financial performance. The company's revenue outlook for the current fiscal year is not provided, but the negative net income and operating income suggest a need for significant operational improvements. The absence of detailed segment or geographic growth data limits the ability to assess specific growth drivers.

The company's risk profile is characterized by low liquidity and dilution risk, with no immediate filing-based flags detected. However, the negative net income and operating income raise concerns about the company's ability to sustain operations without additional financing. The debt-to-equity ratio of 0.21 indicates a relatively conservative capital structure.

Recent financial filings and transcripts do not provide specific details on Welby Inc's strategic initiatives or operational changes. The company's performance is closely monitored by analysts, with the last actual EPS reported at -65.21 JPY and revenue at 635,720,000 JPY.

Welby Inc reported JPY 635.7 million revenue in FY2026, indicating a recovery from the previous year's decline.

Gross profit increased to JPY 448.7 million in FY2026, suggesting improved top-line efficiency despite operating losses.

Net income improved by 125.9% year-over-year in the latest reported period, showing a trend toward profitability.

The company maintains a low debt-to-equity ratio of 0.21, which is below the software cohort median of 0.05.

Dilution and liquidity risks are assessed as low, providing a stable capital structure for potential growth initiatives.

Welby Inc posted a net loss of JPY 539.7 million in FY2026, continuing a pattern of unprofitability.

Operating income remained negative at JPY 530.4 million in FY2026, highlighting persistent core business inefficiencies.

Free cash flow was negative JPY 606.0 million in FY2026, indicating significant cash burn and liquidity pressure.

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

Revenue ¥255.2M, +10,6% YoY; Operating income +55,6% YoY.

• ▍Revenue ¥255.2M, +10,6% YoY
• ▍Operating income +55,6% YoY
• ▍Net income +55,7% YoY
• ▍Net margin -48.6%

Revenue ¥92.7M, −17,2% YoY; Operating income +25,4% YoY.

• ▍Revenue ¥92.7M, −17,2% YoY
• ▍Operating income +25,4% YoY
• ▍Net income +22,3% YoY
• ▍Net margin -185.5%

Revenue ¥167.2M, +102,9% YoY; Operating income +58,8% YoY.

• ▍Revenue ¥167.2M, +102,9% YoY
• ▍Operating income +58,8% YoY
• ▍Net income +56,9% YoY
• ▍Net margin -45.4%

Revenue ¥120.6M, +17,1% YoY; Operating income −25,8% YoY.

• ▍Revenue ¥120.6M, +17,1% YoY
• ▍Operating income −25,8% YoY
• ▍Net income −32,1% YoY
• ▍Net margin -139.1%

Revenue ¥230.8M; Operating income -¥278.9M.

• ▍Revenue ¥230.8M
• ▍Operating income -¥278.9M
• ▍Net margin -121.3%

Revenue ¥111.9M; Operating income -¥229.4M.

• ▍Revenue ¥111.9M
• ▍Operating income -¥229.4M
• ▍Net margin -197.9%

Revenue ¥82.4M; Operating income -¥179.0M.

• ▍Revenue ¥82.4M
• ▍Operating income -¥179.0M
• ▍Net margin -213.7%

Revenue ¥102.9M; Operating income -¥128.4M.

• ▍Revenue ¥102.9M
• ▍Operating income -¥128.4M
• ▍Net margin -123.4%

Revenue ¥635.7M, +20,4% YoY; Operating income +35,0% YoY.

• ▍Revenue ¥635.7M, +20,4% YoY
• ▍Operating income +35,0% YoY
• ▍Net income +32,9% YoY
• ▍Free cash flow +37,5% YoY
• ▍Net margin -84.9%

Revenue ¥528.0M, −8,2% YoY; Operating income −62,7% YoY.

• ▍Revenue ¥528.0M, −8,2% YoY
• ▍Operating income −62,7% YoY
• ▍Net income −59,2% YoY
• ▍Free cash flow −65,3% YoY
• ▍Net margin -152.4%

Revenue ¥575.5M, −45,2% YoY; Operating income −2 072,3% YoY.

• ▍Revenue ¥575.5M, −45,2% YoY
• ▍Operating income −2 072,3% YoY
• ▍Net income −1 590,1% YoY
• ▍Free cash flow −19 158,2% YoY
• ▍Net margin -87.8%