VisasQ Inc

VisasQ Inc has a high liquidity position, with cash and equivalents amounting to ¥4.3 billion, which is significantly higher than its total liabilities of ¥6.99 billion. The company's liquidity ratio of 1.69 indicates a strong ability to meet short-term obligations, although its price-to-book ratio of 21.2 suggests that the market is valuing the company at a premium relative to its book value.

The company's profitability is a major concern, as it reported a net loss of ¥12.47 billion and an operating loss of ¥14.41 billion in the latest financial period. Its return on equity of -41.25% and return on assets of -1.71% are significantly below industry norms, indicating poor capital efficiency and operational performance.

Geographically, VisasQ Inc's revenue is concentrated in a single segment, with no disclosed geographic breakdown. This lack of diversification increases the company's exposure to regional economic downturns or regulatory changes that could impact its primary market.

The company's growth trajectory is uncertain, with no disclosed revenue growth rates or future projections. Analysts have assigned a mean recommendation of 1.00 (strong buy), but this is based on limited data and does not account for the company's current financial distress.

Risk factors include the company's high debt-to-equity ratio of 10.92, which increases financial leverage and exposes the company to potential insolvency if earnings do not improve. There are no immediate filing-based liquidity or dilution flags, but the company's negative net income and high debt levels suggest a need for close monitoring of its capital structure.

Recent events include a strong buy recommendation from one analyst, with no other analyst ratings available. The company's last actual EPS was 67.55 JPY, and the mean revenue estimate for the next period is ¥11.62 billion, suggesting some level of market optimism despite the current financial challenges.

Revenue grew at a 57.1% CAGR over four years, demonstrating strong top-line expansion momentum for the company.

Operating income surged 105.7% year-over-year in FY2026, indicating a significant recovery in core operational profitability.

Free cash flow improved by 99.8% year-over-year in FY2026, signaling a substantial stabilization in cash generation capabilities.

Long-term debt decreased to JPY 2.98 billion in FY2026, reflecting a deliberate reduction in leverage and financial risk.

The stock carries a strong buy recommendation from analysts, suggesting positive sentiment regarding future performance potential.

The company posted a massive net loss of JPY 12.6 billion in FY2025, highlighting severe recent profitability challenges.

Return on equity stands at -41.25%, placing the company in the bottom quartile of its online services cohort.

The debt-to-equity ratio is 10.92, significantly higher than the cohort median of 0.1, indicating extreme financial leverage.

Operating margin of -6.17% ranks in the bottom quartile compared to peers, showing weak cost management efficiency.

The company faces high credit risk, which could impair its ability to secure favorable financing terms in the future.

Revenue ¥2.33B, −3,6% YoY; Operating income +23,1% YoY.

• ▍Revenue ¥2.33B, −3,6% YoY
• ▍Operating income +23,1% YoY
• ▍Net income +113,6% YoY
• ▍Net margin 4.3%

Revenue ¥2.45B, −3,0% YoY; Operating income +7,0% YoY.

• ▍Revenue ¥2.45B, −3,0% YoY
• ▍Operating income +7,0% YoY
• ▍Net income +34,9% YoY
• ▍Net margin 3.3%

Revenue ¥2.47B, +5,8% YoY; Operating income +102,3% YoY.

• ▍Revenue ¥2.47B, +5,8% YoY
• ▍Operating income +102,3% YoY
• ▍Net income +102,2% YoY
• ▍Net margin 11.4%

Revenue ¥2.37B; Operating income ¥174.4M.

• ▍Revenue ¥2.37B
• ▍Operating income ¥174.4M
• ▍Net margin 3.7%

Revenue ¥2.41B; Operating income ¥129.0M.

• ▍Revenue ¥2.41B
• ▍Operating income ¥129.0M
• ▍Net margin 1.9%

Revenue ¥2.52B; Operating income ¥190.1M.

• ▍Revenue ¥2.52B
• ▍Operating income ¥190.1M
• ▍Net margin 2.4%

Revenue ¥2.34B; Operating income -¥14.41B.

• ▍Revenue ¥2.34B
• ▍Operating income -¥14.41B
• ▍Net margin -533.6%

Revenue ¥9.78B, +9,1% YoY; Operating income +105,7% YoY.

• ▍Revenue ¥9.78B, +9,1% YoY
• ▍Operating income +105,7% YoY
• ▍Net income +103,8% YoY
• ▍Free cash flow +99,8% YoY
• ▍Net margin 4.9%

Revenue ¥8.97B, +7,0% YoY; Operating income −330 661,7% YoY.

• ▍Revenue ¥8.97B, +7,0% YoY
• ▍Operating income −330 661,7% YoY
• ▍Net income −16 757,2% YoY
• ▍Free cash flow −1 807,9% YoY
• ▍Net margin -140.9%

Revenue ¥8.38B, +126,3% YoY; Operating income +103,9% YoY.

• ▍Revenue ¥8.38B, +126,3% YoY
• ▍Operating income +103,9% YoY
• ▍Net income +116,0% YoY
• ▍Free cash flow +280,5% YoY
• ▍Net margin 0.9%

Revenue ¥3.70B, +130,8% YoY; Operating income −153,9% YoY.

• ▍Revenue ¥3.70B, +130,8% YoY
• ▍Operating income −153,9% YoY
• ▍Net income −335,5% YoY
• ▍Free cash flow −300,5% YoY
• ▍Net margin -12.8%

Revenue ¥1.60B; Operating income ¥208.4M.

• ▍Revenue ¥1.60B
• ▍Operating income ¥208.4M
• ▍Net margin 12.6%