Moi Corporation announced an upward revision to its full-year earnings forecast for the fiscal year ending January 2025, citing stronger-than-expected growth in membership sales and an increase in profit margins. Sales are now projected to reach ¥6.54 billion (US$44.1 million), a 4.6% increase from initial estimates. Operating profit is expected to rise sharply by 129% to ¥165 million, while ordinary profit is set to grow by 118.9% to ¥187 million.
Despite challenges from a competitive live-streaming market and the diversification of creator activities, Moi’s user engagement initiatives, including participation campaigns and new features like 3D avatars, have helped boost user satisfaction and revenue. Although point sales declined slightly, membership growth exceeded expectations, contributing to higher gross profit.
TwitCasting’s average monthly paying users fell by 3.4% year-on-year, but the average revenue per paid user (ARPPU) rose 2.6%, offsetting some of the decline. Moi also reported increased profits from its own label, Moi Records, and reduced commission expenses due to improvements in payment methods.
The company has yet to release a final profit forecast as it assesses the recoverability of deferred tax assets but remains optimistic about further growth in the coming quarters.
