Executive Summary
FIT EASY Inc reported a markedly stronger QQ2 2025, anchored by a sharp revenue surge and durable profitability. Revenue reached JPY 4,343,508,000, up 123.95% year-over-year (YoY) and 64.40% quarter-over-quarter (QoQ), while gross profit stood at JPY 1,556,416,000 for a gross margin of 35.83%. EBITDA was JPY 1,165,840,000 and net income was JPY 717,590,000, translating to an EBITDA margin of 26.84% and a net margin of 16.52%. EPS was JPY 45.18 (diluted: JPY 43.86). These results reflect sustained demand for FIT EASY’s amusement fitness concepts and efficient cost management.
Key Performance Indicators
QoQ: 64.40% | YoY:123.95%
QoQ: 58.77% | YoY:141.82%
QoQ: 55.95% | YoY:144.54%
QoQ: 55.50% | YoY:129.10%
QoQ: 55.58% | YoY:128.53%
Key Insights
Revenue: JPY 4,343,508,000 (YoY +123.95%, QoQ +64.40%); Gross Profit: JPY 1,556,416,000 (Margin 35.83%, YoY +141.82%, QoQ +58.77%); Operating Income: JPY 1,075,254,000 (Margin 24.75%, YoY +144.54%, QoQ +55.95%); Net Income: JPY 717,590,000 (Margin 16.52%, YoY +129.10%, QoQ +55.50%); EPS: JPY 45.18 (Diluted 43.86) (YoY +128.53%, QoQ +55.58%). Liquidity and leverage: Cash and equivalents JPY 2,101,784,000; Net debt negative at JPY -1,566,499,000; Current ratio 2.12; Quick ratio 2.07; Debt ratio 8....
Financial Highlights
Revenue: JPY 4,343,508,000 (YoY +123.95%, QoQ +64.40%); Gross Profit: JPY 1,556,416,000 (Margin 35.83%, YoY +141.82%, QoQ +58.77%); Operating Income: JPY 1,075,254,000 (Margin 24.75%, YoY +144.54%, QoQ +55.95%); Net Income: JPY 717,590,000 (Margin 16.52%, YoY +129.10%, QoQ +55.50%); EPS: JPY 45.18 (Diluted 43.86) (YoY +128.53%, QoQ +55.58%). Liquidity and leverage: Cash and equivalents JPY 2,101,784,000; Net debt negative at JPY -1,566,499,000; Current ratio 2.12; Quick ratio 2.07; Debt ratio 8.52%; Debt to equity 15.8%; ROE 21.2%; Interest coverage 334x. Valuation (end of QQ2 2025): P/E 8.69x; P/B 7.37x; P/S 5.74x; EV/EBITDA 20.04x; Dividend yield 0.38%; Payout 13.3%. Note: CFO/FCF data not provided in the supplied figures; operating cash flow per share and free cash flow per share are reported as 0 in the dataset.
Income Statement
| Metric |
Value |
YoY Change |
QoQ Change |
| Revenue |
4.34B |
123.95% |
64.40% |
| Gross Profit |
1.56B |
141.82% |
58.77% |
| Operating Income |
1.08B |
144.54% |
55.95% |
| Net Income |
717.59M |
129.10% |
55.50% |
| EPS |
45.18 |
128.53% |
55.58% |
Key Financial Ratios
operatingProfitMargin
24.8%
dividendPayoutRatio
13.3%
Management Commentary
No earnings call transcript was provided in the supplied data. Management quotes and thematic highlights from the QQ2 2025 call are unavailable for inclusion.
Forward Guidance
No explicit forward guidance was provided in the supplied dataset. Investors should monitor: (1) the pace of store/service expansion and potential franchising, (2) whether gross margin can be sustained amid capex and promotional activity, (3) working capital dynamics given the rapid quarterly swings, (4) the company’s ability to convert earnings growth into free cash flow, and (5) any management commentary on strategic priorities for the remainder of 2025 and beyond.