iRidge, Inc. (3917) AI Stock Analysis

• Market Cap: ¥4.06B
• Dividend Yield: N/A
• Average Volume (3M): 37.52K
• Price to Earnings (P/E): 264.4
• Beta (1Y): 0.63
• Revenue Growth: 17.30%
• EPS Growth: 99.39%
• Country: JP
• Employees: 256
• Sector: Technology
• Sector Strength: 88
• Industry: Software - Application
• EPS (TTM): N/A
• Shares Outstanding: 7,829,354
• 10 Day Avg. Volume: 18,340
• 30 Day Avg. Volume: 37,516
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ¥529.00
• Price Target Upside: 1.93% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 54 Neutral
• Price Target: ¥529.00 ▲(1.93% Upside)

The overall score is primarily impacted by financial performance challenges, including profitability and cash flow issues. Technical analysis indicates bearish momentum, and valuation metrics highlight concerns due to negative earnings.

iRidge, Inc. Business Overview & Revenue Model

Company Description

iRidge, Inc. engages in the planning, development, and operation of Internet services in Japan. It develops app, including scratch and package; sales promotion and customer attraction applications; and line mini app. The company also offers O2O solutions; app marketing tools comprising FANSHIP, and support services for business, CRM, data analysis, and operation; financial technology solutions, including MoneyEasy and BUS PAY; and DX solutions, including assignment schedule and tool management solutions, as well as NOID, a voice AI assistants alexa solution. The company was incorporated in 2008 and is headquartered in Tokyo, Japan.

How the Company Makes Money

iRidge, Inc. generates revenue primarily through its digital marketing solutions and app development services. The company earns money by providing customized mobile application and web service development for clients across various industries. Additionally, iRidge, Inc. offers digital marketing consultation services, helping businesses improve their online marketing strategies and customer engagement. Key revenue streams include project-based fees for development services, ongoing maintenance and support contracts, and consultancy fees. The company may also benefit from partnerships with technology firms and businesses that require continuous digital transformation services.

iRidge, Inc. Financial Statement Overview

Summary

iRidge, Inc. demonstrates stable revenue growth and a moderate leverage position. However, profitability and cash flow generation are concerns, with net losses and declining cash flows impacting financial flexibility. The company should focus on improving operational efficiency and profitability to enhance financial health.

Income Statement

iRidge, Inc. has shown solid revenue growth from 2024 to 2025 at 17.4%, indicating strong sales momentum. However, the net income has been volatile, with a significant loss in 2024 and only a slight improvement in 2025. The gross profit margin in 2025 stands at 32.0%, which is commendable for the industry, though the net profit margin remains negative, highlighting potential profitability challenges.

Balance Sheet

The company's balance sheet shows a healthy equity position with an equity ratio of 41.7% in 2025, down from 59.0% in 2023, indicating a decrease in equity strength. The debt-to-equity ratio is moderate at 0.61, suggesting manageable leverage. However, there is room for improvement in asset management and equity growth.

Cash Flow

Operating cash flow has decreased significantly from 2024 to 2025, reflecting potential operational inefficiencies. The free cash flow to net income ratio is positive, suggesting that the company is generating cash despite reporting net losses, but the free cash flow growth rate is negative, showing declining cash generation capability.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	6.71B	6.71B	5.71B	5.42B	5.42B	4.36B
Gross Profit	2.15B	2.15B	1.75B	2.00B	1.93B	1.54B
EBITDA	433.67M	441.95M	-624.82M	576.83M	499.29M	175.72M
Net Income	-11.78M	-10.62M	-1.16B	175.28M	255.05M	12.65M
Balance Sheet
Total Assets	5.94B	5.94B	5.50B	5.64B	4.52B	4.14B
Cash, Cash Equivalents and Short-Term Investments	2.74B	2.74B	2.87B	1.85B	1.43B	1.44B
Total Debt	1.51B	1.51B	1.42B	1.23B	350.00M	450.00M
Total Liabilities	3.39B	3.39B	3.28B	2.31B	1.22B	1.23B
Stockholders Equity	2.47B	2.47B	2.16B	3.28B	3.05B	2.69B
Cash Flow
Free Cash Flow	0.00	53.38M	878.53M	-38.99M	43.93M	334.20M
Operating Cash Flow	0.00	53.91M	1.30B	364.31M	198.16M	508.87M
Investing Cash Flow	0.00	-581.95M	-489.24M	-660.90M	-198.16M	-498.86M
Financing Cash Flow	0.00	395.24M	205.85M	716.74M	-6.39M	323.17M

iRidge, Inc. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 519.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:3917, the sentiment is Positive. The current price of 519 is below the 20-day moving average (MA) of 538.70, below the 50-day MA of 525.72, and below the 200-day MA of 542.29, indicating a neutral trend. The MACD of 0.87 indicates Positive momentum. The RSI at 51.69 is Neutral, neither overbought nor oversold. The STOCH value of 44.72 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:3917.

iRidge, Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
4075	72 Outperform	4.99B	34.94	0.00%	―	25.01%	175.85%
5257	72 Outperform	3.60B	11.26	17.67%	―	12.35%	-4.38%
5134	66 Neutral	4.43B	18.19	11.57%	―	38.35%	632.28%
3917	54 Neutral	¥4.06B	264.35		―	17.30%	99.39%
2345	49 Neutral	4.20B	-1.11	-136.90%	―	0.00%	0.00%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%