Fan Communications' September Revenue Slips Amid Weaker CPA Business

MT Newswires Live
Oct 15

FAN Communications (TYO:2461) booked consolidated revenue of 598.8 million yen for September, down 0.8% from a year earlier, according to a Wednesday filing on the Tokyo Stock Exchange.

Revenue from its cost-per-action (CPA) ad solution business fell 15% to 425.7 million yen, while revenue from the strategic business surged 64% to 173.1 million yen.

Transaction volume declined 13% to 1.99 billion yen as weaker CPA activity offset growth in the strategic segment.

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