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Soracom (147A) investor relations material
Soracom Investor presentation summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Company overview and vision
Founded in November 2014, with offices in Tokyo, Bellevue (US), and London, employing 196 people as of June 2026.
Provides an AI/IoT connectivity platform, aiming to build a connected world through advanced technology.
Major shareholders include KDDI, Sony Group, Hitachi, and others.
Platform and technology
Offers a comprehensive AI/IoT connectivity platform with SIM, LPWA, satellite, Wi-Fi, and cloud integration.
Provides 23 modular building blocks for IoT/AI, enabling flexible customer solutions.
Runs a proprietary mobile core on the public cloud, holding over 110 patents as of June 2026.
Seamless global access supported by 581 carriers in 206 countries and regions.
Business model and financials
Revenue model is based on recurring and incremental revenue, with growth driven by global expansion and new service versions.
FY March 2026 recurring revenue reached JPY 9.2B (+41.7% YoY), total revenue JPY 12.4B (+38.1% YoY), and ARR JPY 11.0B.
EBITDA was JPY 1.2B, operating profit JPY 871MM, with a global revenue ratio of 48%.
Expected to reach JPY 50B revenue by FY 3/31, with a 30%+ CAGR and 70-80% recurring revenue ratio.
- Recurring revenue up 48.6% YoY, total revenue up 52.1%, and 10M+ IoT connections achieved.147A
Q1 2027 - Recurring revenue surged 41.7% YoY, with global expansion and innovation fueling rapid growth.147A
Investor presentation - Leader in global AI/IoT connectivity, delivering rapid growth and innovation across industries.147A
Investor presentation - Recurring revenue up 41.7% YoY, EBITDA up 47.3%, and double-digit growth forecasted.147A
Q4 2026 - Recurring revenue up 45% YoY, outlook raised, and no dividend planned.147A
Q3 2026 - Recurring revenue surged 34.4% YoY, with global sales and profitability sharply improving.147A
Q2 2026 - Recurring revenue and profit surged, with robust outlook and global expansion driving growth.147A
Q1 2026 - Revenue rose 14.1% YoY to 3.67 billion yen, with strong global and recurring growth, but no dividends.147A
Q2 2025 - Recurring revenue up 21.2% YoY, guidance cut on project delays, strong Q4 expected.147A
Q3 2025
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