Timee Q1 sales growth of 26%, exceeding expectations

LootboxPhobia

2026-03-12 09:55:15

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Investing.com – Timee’s sales in the first quarter of fiscal year 2026 increased by 26% year-over-year, surpassing Morgan Stanley’s forecast of 20% growth.

The company’s on-site work fee sales showed an improving trend, growing by 21%, compared to 19% in the fourth quarter. Logistics revenue increased by 25%, higher than the 22% in the previous quarter, while retail sales grew by 23%, up from 22% in the fourth quarter.

In the logistics sector, demand from small and medium-sized enterprises remained resilient. The retail sector benefited from an increase in the number of AAs and industry expansion, with transaction value per AA remaining steady due to business scope expansion.

Timee has changed its fiscal year end from October to April. Therefore, fiscal year 2026 covers a six-month period from November 2025 to April 2026.

The company’s sales growth in the fourth quarter of fiscal year 2025 slowed to 20% year-over-year.

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