AnyMind Group Soars with 53% Revenue Growth in Q3 FY2024

AnyMind Group, a leading BPaaS (Business Process as a Service) provider specializing in marketing, e-commerce, and digital transformation, has achieved remarkable growth in the third quarter of fiscal year 2024. The company reported a 53% year-on-year (YoY) revenue increase, reaching ¥13 billion, alongside a 46% rise in gross profit to ¥4.7 billion. This impressive performance reflects continued growth across its core business units and post-merger success with recent acquisitions.

The company’s operating income surged by ¥486 million YoY to ¥708 million, while adjusted EBITDA rose by ¥572 million YoY, reaching ¥1 billion. This financial momentum led AnyMind Group to revise its operating profit forecast upward by ¥450 million (+23%) to ¥2.4 billion for the fiscal year, signaling strong confidence in sustained profitability.

The growth spanned AnyMind Group's three primary divisions:

• Marketing Platforms: Delivered a 33% YoY increase, achieving ¥2.2 billion in gross profit.
• Partner Growth Platforms: Saw an impressive 56% YoY growth, with gross profit reaching ¥1.6 billion.
• D2C and E-Commerce Platforms: Achieved a 65% YoY surge, contributing ¥932 million to gross profit.

Acquisitions Driving Growth

The group’s recent acquisitions, Digital Distribusi Indonesia and Arche Digital, have significantly boosted its financials. Between April 2023 and September 2024:

• Digital Distribusi Indonesia recorded a 111% rise in net sales and a 124% increase in gross profit.
• Arche Digital achieved a 40% growth in gross sales and a 50% increase in gross profit.

These acquisitions underscore AnyMind Group’s ability to integrate and capitalize on strategic investments effectively.

Earnings Forecast Revised Upwards

The company’s upward revision to its full-year earnings forecast reflects its robust performance:

• Operating profit is now forecasted at ¥2.4 billion, up by ¥450 million (+23%).
• Net income attributable to parent owners has been increased by ¥230 million (+17%) to ¥1.58 billion.

Despite these revisions, the revenue and gross profit forecasts remain unchanged, signaling stability in core operations.

This remarkable financial performance reaffirms AnyMind Group’s position as a leader in digital transformation, with its multi-pronged approach to marketing platforms, partner growth, and e-commerce solutions driving sustained growth and profitability.