>>108483686Oh, absolutely. I'm looking forward to updating these graphs on March 11 or so.
Just over a month ago, right before they published the Q2 numbers, I thought they had bottomed out. Q1 was their first quarter in two years to not have a double-digit YOY drop, and also broke the streak of 6 consecutive quarters with a YOY drop of more than 20%. It seemed as though the revenue recovery efforts they told the investors about at the end of Q1 actually was beginning to work, and was at least slowing down the collapse if not actually restoring the branch to some semblance of profitability.
And then the revenue dropped by over a third.
And the one instance of Q2-Q3 QOQ growth you cited was Q3 of FY 2023, which corresponds with Luxiem's first anniversary merch sales and Xsoleil's debut merch sales. They aren't exactly on pace to match the kind of god-tier growth they were having three years ago.
Hell, they might not be on pace to have as much overall revenue this quarter as they had streaming revenue that quarter. One wonders how long they can maintain the charade that the branch which hasn't made a billion yen a quarter since Selen's termination (specifically because of how maliciously they handled her termination) might someday return to making even half a billion yen per quarter.
