Loading...
Market
SoftBank's FY 2024 Financial Outcome
5
Resolution / Starting Odds
Profit • 50%
Loss • 50%
SoftBank's annual financial report for FY 2024
Story
SoftBank Swings to $2.1B Q4 Profit Amid AI Boom, Despite Annual Losses
May 13, 2024, 06:35 AM
SoftBank Group reported a significant turnaround with a net profit of 328.9 billion yen ($2.11 billion) for the fourth quarter of the fiscal year, marking a shift from a projected loss of 72 billion yen ($462.70 million). This profit, attributed to a boom in artificial intelligence investments that buoyed assets like Arm, contrasts sharply with the company's third consecutive annual loss reported for FY2023.
View original story
Similar markets
0-10% • 25%
11-20% • 25%
21-30% • 25%
More than 30% • 25%
Net profit • 25%
Net loss < $50M • 25%
Net loss $50M-$100M • 25%
Net loss > $100M • 25%
Further decline in iPhone sales in Q4 2024 • 50%
No further decline in iPhone sales in Q4 2024 • 50%
Less than ¥5 trillion • 25%
¥5 trillion to ¥10 trillion • 25%
¥10 trillion to ¥15 trillion • 25%
More than ¥15 trillion • 25%
Increase • 33%
Maintain • 34%
Decrease • 33%
Profitability Decreased • 33%
Profitability Unchanged • 33%
Profitability Increased • 33%
Top 10 • 25%
Top 20 • 25%
Top 30 • 25%
Outside Top 30 • 25%