GO reports 31.8% revenue rise for fiscal 2026
App-dispatched taxi rides totaled 115.44 million in fiscal 2026.
GO Inc. (TSE-581A) reported revenue of 41,446 million yen for the fiscal year ended May 31, 2026, up 31.8% from a year earlier, while adjusted EBITDA rose 153.3% to 8,566 million yen and operating profit increased 158.1% to 7,041 million yen.
The GO business increased average revenue per app-dispatched taxi ride by 19.9% to 169 yen during the fiscal year.
The company recorded 3.11 million average monthly active users during the fiscal year, an increase of 14.7% from a year earlier.
GO business segment revenue reached 37,782 million yen, up 38.6% from the previous fiscal year.
Record taxi ride volumes and higher average revenue per ride contributed to revenue growth in the GO business.
The GO business segment generated EBITDA of 15,227 million yen, an increase of 75.8% from a year earlier.
The GO business segment reported segment profit of 14,835 million yen, up 74.7% from the previous fiscal year.
Operating profit reached 7,041 million yen, increasing 4,313 million yen from the prior year, and the operating margin rose to 17.0% from 8.7%.
Net income attributable to owners of the parent totaled 8,838 million yen, an increase of 6,838 million yen from a year earlier.
Operating activities generated 9,609 million yen of cash during the fiscal year.
Cash and cash equivalents ended the fiscal year at 34,584 million yen after increasing 9,630 million yen from the previous year-end, with a 194 million yen reduction related to a company split.
Maintaining and expanding the user base and usage frequency could be affected by concentrated demand at particular times, ineffective advertising, wider use of competing app-dispatch services, or disruptions in links with outside providers.
The app-dispatch business depends heavily on frequent users and major partner taxi operators, and reduced usage by either group could affect operations, financial results and financial condition.
Stable system operations are essential because the services carry high system loads, and service interruptions caused by disasters, viruses, hacking or other unforeseeable factors could affect financial results and financial condition.
Sufficient liquidity is needed because taxi fare payments are collected through the settlement service and must be smoothly remitted to taxi operators.
The company had entered into a syndicated commitment-line agreement arranged by Mitsubishi UFJ Bank as of the end of March 2026 to prepare for unforeseen events.