Money Forward, Inc. announced consolidated earnings results for the year ended November 30, 2017. For the year, the company reported net sales of JPY 2,899 million, operating loss of JPY 797 million, ordinary loss of JPY 834 million and loss attributable to owners of parent of JPY 842 million or JPY 49.64 per share. Cash flows used in operating activities was JPY 498 million. Loss before income taxes was JPY 833,709,000. Purchase of property, plant and equipment was JPY 9,336,000. Purchase of intangible assets equipment was JPY 1,180,000.

For the year ending November 30, 2018, the company expects net sales in range of JPY 4,350 million - JPY 4,650 million; operating loss in range of JPY 800 million - JPY 500 million; ordinary loss in range of JPY 830 million - JPY 530 million; loss attributable to owners of parent in range of JPY 840 million - JPY 540 million; and loss per share in range of JPY 43.81 –JPY 28.16.