In section Market Quotes

Money Forward Swings to Profit as Revenue Climbs

Tokyo-based fintech firm Money Forward Inc. posted a net profit of 553 million yen for the first half of its fiscal year, marking a sharp turnaround from the 2.20 billion yen loss recorded during the same period last year. The company’s financial performance benefited from a steady rise in total revenue.

Money Forward Swings to Profit as Revenue Climbs

Revenue for the six months ending May 31 reached 28.99 billion yen, climbing from 23.24 billion yen in the prior year. While the firm remained in the red at the operating level, the operating loss narrowed significantly to 209 million yen, compared to a 1.59 billion yen shortfall previously. Pretax profit also saw improvement, moving to a loss of 1.21 billion yen from 1.90 billion yen.

Shareholders saw earnings per share hit 10.00 yen, a notable shift from the loss of 39.97 yen per share reported in the first half of 2025. These results, reported under Japanese accounting standards, reflect the company’s ongoing efforts to scale its operations while managing costs.

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