Freee KK corrects financials, reaffirms strong growth outlook
Freee KK has corrected its consolidated financial results for the fiscal year ended June 30, 2025, addressing errors in "other payable" and "income taxes payable" on the consolidated balance sheet, and corresponding numerical data in the consolidated statement of cash flows. Despite these adjustments, the overall totals for current liabilities and cash flows from operating activities remain unchanged, with the company’s net cash provided by operating activities confirmed at 3,661,980 yen.
The company's full-year revenue for FY2025 reached 33,270 million yen, an increase of 30.8% year-over-year, surpassing its forecast. Adjusted operating profit for FY2025 was 1,885 million yen, achieving profitability, and adjusted free cash flow was 1,381 million yen. Freee KK anticipates revenue growth of 23.0%–25.0% for FY2026, targeting 40,930 million – 41,590 million yen, driven by strategic investments in R&D and sales & marketing, particularly in AI utilization.
Freee KK aims to achieve a "Rule of 40" based on adjusted free cash flow by FY2028, with long-term adjusted operating profit margins exceeding 40%. The company continues to expand its customer base, particularly in the mid-market segment, and enhance its integrated management platform by increasing cross-selling activities, accelerating industry-specific solutions, and leveraging strategic M&A in the finance sector.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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