Frontier Management Inc.

7038・Prime Market・Services

Official website

Frontier Management Inc.

7038・Prime Market・Services

Official website

Frontier Management Inc.7038

Reference Indicators

Market Cap

66¥100M

P/E (Forecast)

131.6x

P/B

3.9x

Dividend Yield (Forecast)

—

ROE

-75.9%

EV/EBITDA

204.1x

Financial Summary

Unit: ¥M

Item	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Net Sales	5,741	7,915	10,025	9,265	13,489
Cost of Sales	2,247	3,230	4,497	5,005	8,474
Gross Profit	3,493	4,685	5,527	4,259	5,014
SG&A Expenses	2,992	3,777	4,275	4,891	5,349
Operating Income	501	908	1,251	-632	-335
Non-operating Income	17	21	10	8	68
Non-operating Expenses	4	7	23	87	397
Ordinary Income	514	921	1,238	-710	-664
Extraordinary Income	—	—	1	—	—
Extraordinary Losses	—	53	—	—	301
Pre-tax Income	514	868	1,240	-710	-966
Income Taxes	175	301	447	-4	191
Net Income	338	556	780	-694	-1,106
EBITDA	537	985	1,348	-537	32
Gross Margin	60.8%	59.2%	55.1%	46.0%	37.2%
Operating Margin	8.7%	11.5%	12.5%	-6.8%	-2.5%
ROA	8.9%	9.8%	7.2%	-4.9%	-6.0%
ROE	14.0%	20.9%	23.6%	-27.3%	-75.9%

Segment Performance

Unit: ¥M

2026

Segment	Net Sales	Operating Income	Operating Margin
コンサルティング・アドバイザリー事業	8,470	-147	-1.7%
投資事業	5,018	-187	-3.7%