Money Forward Inc
OTC:MNYFF

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Money Forward Inc
OTC:MNYFF
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Price: 29.42 USD Market Closed
Market Cap: $1.6B

Gross Margin

68%
Current
Improving
by 2.9%
vs 3-y average of 65.1%

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
68%
=
Gross Profit
¥34.2B
/
Revenue
¥50.3B

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
68%
=
Gross Profit
$34.2B
/
Revenue
¥50.3B

Peer Comparison

Country Company Market Cap Gross
Margin
JP
Money Forward Inc
TSE:3994
182.6B JPY
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US
Ezenia! Inc
OTC:EZEN
567B USD
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US
Palantir Technologies Inc
NASDAQ:PLTR
323.2B USD
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DE
SAP SE
XETRA:SAP
202.3B EUR
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US
Salesforce Inc
NYSE:CRM
176.8B USD
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US
Applovin Corp
NASDAQ:APP
136.4B USD
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US
NCR Corp
LSE:0K45
129.9B USD
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US
Adobe Inc
NASDAQ:ADBE
109.8B USD
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US
Intuit Inc
NASDAQ:INTU
109.3B USD
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US
Synopsys Inc
NASDAQ:SNPS
82.9B USD
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US
Cadence Design Systems Inc
NASDAQ:CDNS
82.6B USD
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Market Distribution

Higher than 91% of companies in Japan
Percentile
91th
Based on 6 625 companies
91th percentile
68%
Low
-179.8% — 21.8%
Typical Range
21.8% — 42.3%
High
42.3% — 18 197.9%
Distribution Statistics
Japan
Min -179.8%
30th Percentile 21.8%
Median 30.6%
70th Percentile 42.3%
Max 18 197.9%

Money Forward Inc
Glance View

Market Cap
1.6B USD
Industry
Technology

Money Forward Inc., an innovative force emerging from the bustling tech landscape of Japan, started as a humble fintech company in 2012, founded by the insightful entrepreneur, Yosuke Tsuji. The company elegantly intertwines the world of finance with cutting-edge technology, delivering streamlined solutions that simplify the financial complexities faced by both individuals and businesses. Money Forward Inc. carved its niche with a robust personal finance management tool, which quickly gained traction among users seeking to effortlessly manage their financial health. By consolidating a user’s bank accounts, credit cards, securities, and even points from various loyalty programs into a single platform, Money Forward taps into its proprietary algorithms to offer a comprehensive picture of one’s financial standing. This platform not only aids users in maintaining control over their spending and saving habits but also assists in projecting future financial scenarios. On the business side, the company has extended its prowess into providing B2B Saas solutions, effectively opening new streams of revenue. Money Forward's business offerings include a suite of cloud-based services such as accounting, invoicing, payroll, and tax return preparations. These products aim to alleviate the administrative burdens of small to medium enterprises, equipping them with tools to streamline their operations and enhance productivity. Through subscription fees, from both individual consumers and businesses availing themselves of its sophisticated platform, Money Forward has adeptly monetized its technology. Its strategic partnerships with financial institutions further sustain and expand its ecosystem, enhancing its competitive edge in a rapidly evolving fintech industry. Thus, Money Forward Inc. stands not just as a service provider, but as an essential ally in the digital transformation journey of financial management.

MNYFF Intrinsic Value
HIDDEN
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What is Gross Margin?
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
How is Gross Margin calculated?

Gross Margin is calculated by dividing the Gross Profit by the Revenue.

Gross Margin
68%
=
Gross Profit
¥34.2B
/
Revenue
¥50.3B
What is Money Forward Inc's current Gross Margin?

The current Gross Margin for Money Forward Inc is 68%, which is above its 3-year median of 65.1%.

How has Gross Margin changed over time?

Over the last 3 years, Money Forward Inc’s Gross Margin has increased from 62.4% to 68%. During this period, it reached a low of 61.7% on May 31, 2023 and a high of 68% on Nov 30, 2025.

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