Added to YB: 2025-09-09
Pitch date: 2025-09-05
4165.T [neutral]
PLAID,Inc.
-27.5%
current return
Author Info
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Company Info
PLAID,Inc. develops and operates KARTE, a customer experience SaaS platform in Japan. It also provides professional services for enterprise to support system development and operation for KARTE platform; EmotionTech CX, a customer experience (CX) survey and analysis support service to improve CX and customer loyalty; and EmotionTech EX, an employee experience (EX) survey and analysis support service to improve employee engagement.
Market Cap
JPY 44.5B
Pitch Price
JPY 1.1K
Price Target
N/A
Dividend
N/A
EV/EBITDA
29.98
P/E
39.20
EV/Sales
3.11
Sector
Software
Category
growth
Plaid Update 1
4165.T (earnings update): NRR fell from 110.8% to 106.9% despite price hikes due to SMB churn as co focuses on enterprise clients. Enterprise NRR stable at ~115%. Expects 20-25% revenue growth FY2026 with ¥2.5-3.0bn EBIT (~20x EV/EBIT). Quality growth overlooked in Japan AI/activist focus.
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