Earlyworks Co., Ltd. Reports Financial and Operational Performance for the Six Months Ended October 31, 2024

Written by Emily J. Thompson, Senior Investment Analyst

ELWS+8.14%

Source: Newsfilter

Updated: Mar 03 2025

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Source: Newsfilter

Financial Performance: Earlyworks Co., Ltd. reported a revenue increase of approximately JPY 170 million for the six months ending October 31, 2024, alongside a decrease in net loss by about JPY 74 million compared to the same period in 2023.
Strategic Developments: The company has focused on expanding its proprietary blockchain platform, the Grid Ledger System (GLS), and enhancing its organizational structure with new executive roles to drive growth in Web3-related businesses and improve customer value.

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About ELWS

Perpetuals.com Ltd is a Japan-based technology company focusing on blockchain technology and developing systems.It offers software and system development services, consulting and solution services, and sales of non-fungible tokens (NFT). It develops customized systems that enable customers to utilize digital assets and apply blockchain technology in business areas such as advertisement tracking, online visitor management, and NFT-related transactions. The Company serves customers across the information technology, metaverse, advertisement, real estate, telecommunication, and entertainment industries. The Company has developed its proprietary Grid Ledger System (GLS) through internal development efforts and collaboration with external partners.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.