OkWave
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
OkWave - overview
Established
1999
Location
Tokyo, -, Japan
Primary Industry
Internet
About
OkWave is a community-driven Q&A platform based in Tokyo, Japan, that connects users seeking advice across diverse topics, offering a range of services for both personal and professional inquiries. Established in 1999, OkWave operates a popular Q&A community where users can ask questions and obtain answers from fellow members. The company has remained focused on its core business model without significant pivots or changes in operations. Founded by Tadanari Fukuda, OkWave is headquartered in Tokyo, Japan.
The company has received multiple funding rounds, with the latest round being in the amount of USD 7,119,351. 90. OkWave provides a robust Q&A community platform designed to facilitate user inquiries on various topics. Its core offerings include a community where users can ask and answer questions, plus specialized services like OKWAVE Plus and OKWAVE Select, which enhance content quality and highlight notable contributions.
The platform also features a shopping segment that promotes affordable products and encourages social contributions, primarily serving users in Japan and aiming to expand internationally with localized support. In the most recent fiscal year 2022, OkWave reported a revenue of USD 7. 12 mn and an EBITDA of USD -10. 85 mn, reflecting its operational expenditures and the challenges in achieving profitability.
OkWave plans to enhance its platform by launching new features and services aimed at increasing user engagement. The company is targeting expansion into international markets with localized offerings, although specific regions and timelines for this growth have not been detailed. Recent funding will support the development of these new products and the expansion of services beyond the Japanese market.
Primary Industry
Internet
Sub Industries
Social Networking & Communication Platform
Website
www.okwave.co.jp
Total Amount Raised
Subscriber access only
OkWave - financials
| Fiscal Year Ended | Jun 30, 2017 | Jun 30, 2018 | Jun 30, 2019 | Jun 30, 2020 | Jun 30, 2021 | Jun 30, 2022 | Jun 30, 2023 | Jun 30, 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 2,411,724,000 | 3,786,769,000 | 4,892,359,000 | 4,795,518,000 | 2,196,676,000 | - | - | - |
| % Revenue Growth (YoY) | - | 57.0% | 29.2% | (2.0%) | (54.2%) | - | - | - |
| EBITDA (USD) | 249,339,000 | 1,318,303,000 | 1,320,097,000 | (415,125,000) | (236,529,000) | - | - | - |
| Operating Income (USD) | 167,891,000 | 1,216,569,000 | 1,071,197,000 | (926,613,000) | (516,614,000) | - | - | - |
| Operating Margin | 7.0% | 32.1% | 21.9% | (19.3%) | (23.5%) | - | - | - |
| % EBITDA Margin | 10.3% | 34.8% | 27.0% | (8.7%) | (10.8%) | - | - | - |
| NET Income (USD) | 122,550,000 | 1,071,523,000 | 644,422,000 | (2,981,520,000) | 3,943,271,000 | - | - | - |
| % Net Margin | 5.1% | 28.3% | 13.2% | (62.2%) | 179.5% | - | - | - |
OkWave - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| PIPE | Completed | Japan PC Service Co., Ltd. | - |
Displaying 1 - 1 of 1
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.