Beenos Inc Watchlist
Beenos Decides to Lock-In Profits from Incubator Investments
216 Views, 11 May 2022 16:23
Beenos Inc (3328 JP) results beat with revenue at ¥7.2bn (+4.6% vs consensus) and OP of ¥431m (+21.4% vs consensus).
- FY22 guidance was raised across Beenos’ core e-commerce businesses due to the favourable impact of the yen depreciation on overseas demand and changes to shipping methods and rates.
- What caught our eye the most was Beenos’ decision to gradually realise gains from its VC investments.