Core Insights - Leifras Co., Ltd. reported strong financial results for the first half of fiscal year 2025, with revenue increasing by 15.0% year over year, gross profit rising by 16.1%, and net income growing by 25.6% [3][5][13] Financial Highlights - Total revenue for the six months ended June 30, 2025, was JPY 5.5 billion ($38.1 million), up from JPY 4.8 billion for the same period last year [5][6] - Gross profit was JPY 1.4 billion ($10.0 million), an increase from JPY 1.2 billion, with a gross margin of 26.3% [10][5] - Net income reached JPY 53.7 million ($0.4 million), compared to JPY 42.8 million in the previous year [13] - Basic and diluted earnings per share were JPY 2.2 ($0.01), up from JPY 1.7 and JPY 1.5 respectively [14][15] Operational Highlights - Membership in the sports school business increased to 69,500, a 6.4% rise from 65,337 [5] - The average membership duration in the sports school business was 1.9 years, up 2.2% from the previous year [5] - Revenue per capita in the sports school business was JPY 6.1 million ($42,433), a 4.2% increase [5] - The number of schools served under the social business segment rose to 349, a 48.5% increase from 235 [5] - Revenue per capita in the social business was JPY 5.1 million ($35,121), reflecting a 21.7% increase [5] Cost and Expenses - Cost of revenue was JPY 4.0 billion ($28.1 million), an increase of 14.6% from JPY 3.5 billion [9] - Selling, general, and administrative expenses were JPY 1.4 billion ($9.5 million), up 13.6% from JPY 1.2 billion [11] Recent Developments - Leifras successfully completed its initial public offering (IPO) on Nasdaq on October 10, 2025, raising approximately JPY 720.9 million ($5.0 million) [4][18] - The company expects total revenue for the fiscal year ending December 31, 2025, to be between $80.2 million and $82.6 million, representing an increase of approximately 11.9% to 15.3% from the previous year [19]