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COVER Corporation

Technology US COVCF

8.1875USD
0.00(0%)

Last update at 2026-06-22T20:00:00Z

Day Range

8.408.58
LowHigh

52 Week Range

8.3816.54
LowHigh

Fundamentals

  • Previous Close 8.19
  • Market Cap609.08M
  • Volume205
  • P/E Ratio17.65
  • Dividend Yield-%
  • EBITDA9002.50M
  • Revenue TTM49219.00M
  • Revenue Per Share TTM752.99
  • Gross Profit TTM 24432.00M
  • Diluted EPS TTM0.51

Source: TradingView
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Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Type yearly yearly yearly yearly yearly
Date 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Income before tax 7448.00M 5722.00M 3352.83M 1641.15M 1686.40M
Minority interest - - - - -
Net income 5559.00M 4137.00M 2508.23M 1244.46M 1220.75M
Selling general administrative - - - - -
Selling and marketing expenses - - - - -
Gross profit 21805.00M 13988.00M 9396.14M 5274.77M 2777.24M
Reconciled depreciation 958.00M 476.00M 112.58M 99.50M 32.17M
Ebit - - 3418.00M 1856.00M 1699.00M
Ebitda - - 3529.75M 1740.65M 1718.90M
Depreciation and amortization - - - - -
Non operating income net other - - - - -
Operating income 8002.00M 5537.00M 3417.17M 1855.17M 1698.42M
Other operating expenses - - - - -
Interest expense - - - 0.00000M 0.33M
Tax provision 1888.00M 1584.00M 844.60M 396.69M 465.65M
Interest income 4.00M 0.00000M 0.10M 0.03M 0.01000M
Net interest income 4.00M 0.00000M 0.10M 0.03M -0.32400M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense - - 844.00M 397.00M 466.00M
Total revenue 43401.00M 30166.00M 20451.01M 13663.73M 5724.79M
Total operating expenses 35399.00M 24628.00M 17033.84M 11808.56M 4026.37M
Cost of revenue 21596.00M 16177.00M 11054.87M 8388.96M 2947.55M
Total other income expense net - - - - -
Discontinued operations - - - - -
Net income from continuing ops 5560.00M 4138.00M 2508.23M 1244.46M 1220.75M
Net income applicable to common shares - - 2508.00M 1244.00M 1220.00M
Preferred stock and other adjustments - - - - -
Breakdown 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Type yearly yearly yearly yearly yearly
Date 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Total assets 33060.00M 22713.00M 15887.01M 8238.12M 3516.17M
Intangible assets 4075.00M 2449.00M 1065.01M 198.10M 25.34M
Earning assets - - - - -
Other current assets 305.00M 221.00M 187.00M 164.00M 42.00M
Total liab 16115.00M 11571.00M 8880.70M 4780.67M 1303.19M
Total stockholder equity 16945.00M 11142.00M 7006.31M 3457.45M 2212.98M
Deferred long term liab - - - - -
Other current liab 603.00M 237.00M 5489.00M 2631.00M 666.00M
Common stock - - 973.00M 452.00M 452.00M
Capital stock 1096.00M 973.00M 973.12M 452.81M 452.81M
Retained earnings 14756.00M 9196.00M 5059.00M 2551.00M 1306.00M
Other liab - - 44.00M 44.00M 28.00M
Good will - - - - -
Other assets - - 273.00M 149.00M 41.00M
Cash 11498.00M 8666.00M 7793.28M 4644.69M 1899.41M
Cash and equivalents - - - - -
Total current liabilities 15128.00M 10608.00M 8838.00M 4738.00M 1276.00M
Current deferred revenue - - - - -
Net debt - - - - -
Short term debt - - - - -
Short long term debt - - - - -
Short long term debt total - - - - -
Other stockholder equity - - 3.00M 4.00M 5.00M
Property plant equipment - - 1899.00M 211.00M 198.00M
Total current assets 22872.00M 14798.00M 11740.00M 7168.00M 3048.00M
Long term investments - - - - -
Net tangible assets - - 5940.00M 3258.00M 2187.00M
Short term investments - - - - -
Net receivables 5417.00M 3498.00M 3264.00M 2011.00M 1033.00M
Long term debt - - - - -
Inventory 3131.00M 1001.00M 338.00M 257.00M 53.00M
Accounts payable 2695.00M 2283.00M 2085.00M 1482.00M 407.00M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income - - - - -
Additional paid in capital - - - - -
Common stock total equity - - - - -
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 36.00M 35.00M 0.03M 0.06M 0.49M
Deferred long term asset charges - - - - -
Non current assets total 10187.00M 7914.00M 4146.15M 1069.67M 467.38M
Capital lease obligations - - - - -
Long term debt total - - - - -
Breakdown 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Type yearly yearly yearly yearly yearly
Date 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Investments -55.00000M 0.00000M -2759.10500M -793.94000M -402.59400M
Change to liabilities - - 1133.00M 0.00000M 0.00000M
Total cashflows from investing activities - - -2759.00000M -2759.00000M -2759.00000M
Net borrowings - - - - -
Total cash from financing activities - - 1040.00M 1040.00M 1040.00M
Change to operating activities - - 2103.00M 2103.00M 2103.00M
Net income 5559.00M 4137.00M 2508.00M 1244.00M 1220.00M
Change in cash 2831.00M 873.00M 3148.00M 3148.00M 3148.00M
Begin period cash flow 8666.00M 7793.00M 4644.69M 1899.41M 356.27M
End period cash flow 11498.00M 8666.00M 7793.28M 4644.69M 1899.41M
Total cash from operating activities 5285.00M 4765.00M 4866.00M 4866.00M 4866.00M
Issuance of capital stock 244.00M 0.00000M 1040.62M 0.00000M 561.63M
Depreciation 958.00M 476.00M 112.00M 112.00M 112.00M
Other cashflows from investing activities - - -397.00000M -397.00000M -397.00000M
Dividends paid - - - - -
Change to inventory -2129.00000M -662.00000M -81.00000M -81.00000M -81.00000M
Change to account receivables - - -1246.00000M -1246.00000M -1246.00000M
Sale purchase of stock 0.00000M 0.00000M - - -
Other cashflows from financing activities - - - - -
Change to netincome - - -507.00000M -507.00000M -507.00000M
Capital expenditures 2475.00M 3696.00M 1463.00M 1463.00M 1463.00M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital -1593.00000M -372.00000M 1789.34M 2496.32M -251.47000M
Stock based compensation - - - - -
Other non cash items -126.00000M 15.00M 120.96M -172.03200M -7.57600M
Free cash flow 2810.00M 1069.00M 2504.31M 3053.08M 1191.69M

Peer Comparison

Sector: Technology Industry: Software - Application

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
COVCF
COVER Corporation
- -% 8.19 17.65 - 0.01 4.51 1.67 9.25
SAPGF
SAP SE
4.01 2.68% 153.38 76.28 22.88 5.61 3.84 5.59 26.18
SAP
SAP SE ADR
3.90 2.61% 153.41 75.80 22.37 5.62 3.75 5.51 25.79
CRM
Salesforce.com Inc
3.30 2.20% 153.42 23.99 14.14 4.16 2.58 3.85 12.75
INTU
Intuit Inc
0.28 0.11% 258.05 55.56 32.68 11.28 10.07 11.62 40.11

Reports Covered

Stock Research & News

Profile

COVER Corporation distribute videos and music through VTubers distribution platform in Japan. It also develops characters and anime-look avatars; plans and produces events; and offers video content, such as live streams, music videos, and animations through video distribution, as well as membership subscriptions, advertising, and promotions services. In addition, the company is involved in the electronic commerce, VTuber production, and media mix businesses; and development of Metaverse Holoearth, focusing on sandbox games that allow users to act freely in a virtual space. COVER Corporation was incorporated in 2016 and is based in Tokyo, Japan.

COVER Corporation

3-5-19, Mita, Tokyo, Japan, 108-0073

Key Executives

Name Title Year Born
Mr. Motoaki Tanigo President, CEO, Executive Officer & Representative Director 1973
Mr. Yosuke Kaneko Executive Officer, CFO, Head of Corporate Planning Office & Director 1987
Mr. Ikko Fukuda CTO, Executive Officer & Director 1982

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