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Golf Digest Online ( (JP:3319) ) has provided an update.
Golf Digest Online reported its consolidated financial results for the fiscal year ending December 31, 2024, highlighting a 7.7% increase in net sales to 57,006 million yen. However, the company faced a significant net loss of 1,698 million yen, attributed to an 11.9% decline in EBITDA and negative operating and ordinary profits. The results indicate financial challenges and potential implications for stakeholders, as the company also decided not to issue dividends for the year and faces a negative capital adequacy ratio.
More about Golf Digest Online
Golf Digest Online Inc. operates in the digital media space with a focus on golf-related content, services, and products. The company is listed on the Tokyo Stock Exchange and primarily targets golf enthusiasts and players through its online platforms.
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