Truck-One Income Statement

Financials in millions JPY. Fiscal year is January - December.

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	7,974	6,546	6,437	7,096	5,997
Revenue Growth (YoY)	21.82%	1.69%	-9.29%	18.33%	26.52%
Cost of Revenue	6,719	5,606	5,624	6,272	5,289
Gross Profit	1,255	940	813	824	708
Selling, General & Admin	650	599	585	625	583
Amortization of Goodwill & Intangibles	-	-	5	5	5
Other Operating Expenses	14	12	14	11	9
Operating Expenses	695	638	631	662	622
Operating Income	560	302	182	162	86
Interest Expense	-17	-11	-9	-10	-10
Interest & Investment Income	3	2	1	1	2
Other Non Operating Income (Expenses)	12	19	21	22	20
EBT Excluding Unusual Items	558	312	195	175	98
Gain (Loss) on Sale of Assets	4	-	-	1	-
Asset Writedown	-	-	-36	-	-
Other Unusual Items	-10	57	60	-	-
Pretax Income	552	369	219	176	98
Income Tax Expense	186	129	99	68	29
Net Income	366	240	120	108	69
Net Income to Common	366	240	120	108	69
Net Income Growth	52.50%	100.00%	11.11%	56.52%	200.00%
Shares Outstanding (Basic)	2	2	2	2	2
Shares Outstanding (Diluted)	2	2	2	2	2
EPS (Basic)	152.57	100.05	50.02	45.02	28.76
EPS (Diluted)	152.57	100.05	50.02	45.02	28.76
EPS Growth	52.50%	100.00%	11.11%	56.52%	200.00%
Free Cash Flow	-68	336	-208	-604	84
Free Cash Flow Per Share	-28.35	140.06	-86.71	-251.78	35.02
Dividend Per Share	-	9.000	8.000	6.500	5.000
Dividend Growth	-	12.50%	23.08%	30.00%	-
Gross Margin	15.74%	14.36%	12.63%	11.61%	11.81%
Operating Margin	7.02%	4.61%	2.83%	2.28%	1.43%
Profit Margin	4.59%	3.67%	1.86%	1.52%	1.15%
Free Cash Flow Margin	-0.85%	5.13%	-3.23%	-8.51%	1.40%
EBITDA	884	627	488	428	311
EBITDA Margin	11.09%	9.58%	7.58%	6.03%	5.19%
D&A For EBITDA	324	325	306	266	225
EBIT	560	302	182	162	86
EBIT Margin	7.02%	4.61%	2.83%	2.28%	1.43%
Effective Tax Rate	33.70%	34.96%	45.20%	38.64%	29.59%
Advertising Expenses	20	20	6	5	3

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.