EM Systems Co., Ltd. (FRA:EMO)

EM Systems Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	25,997	24,837	20,355	16,919	14,436	13,373
Revenue Growth (YoY)	20.77%	22.02%	20.31%	17.20%	7.95%	-4.63%
Cost of Revenue	11,797	11,275	10,433	8,644	7,345	6,723
Gross Profit	14,200	13,562	9,922	8,275	7,091	6,650
Selling, General & Admin	8,464	8,685	7,279	5,690	5,016	4,979
Research & Development	13	13	8	-	20	66
Other Operating Expenses	-	-	-1	18	18	-11
Operating Expenses	8,876	9,097	7,591	5,879	5,219	5,294
Operating Income	5,324	4,465	2,331	2,396	1,872	1,356
Interest Expense	-6	-8	-7	-4	-	-
Interest & Investment Income	19	22	16	12	192	1
Earnings From Equity Investments	-	-	-35	-218	-	-
Other Non Operating Income (Expenses)	706	703	563	605	543	544
EBT Excluding Unusual Items	6,043	5,182	2,868	2,791	2,607	1,901
Gain (Loss) on Sale of Investments	-	-	-140	-	-	-
Gain (Loss) on Sale of Assets	-	-	-1	-	-	40
Asset Writedown	-1,547	-1,488	-9	-2	-8	-37
Other Unusual Items	-2	-1	31	-	-	-5
Pretax Income	4,494	3,693	2,749	2,789	2,599	1,899
Income Tax Expense	1,441	1,246	766	914	787	621
Earnings From Continuing Operations	3,053	2,447	1,983	1,875	1,812	1,278
Minority Interest in Earnings	-10	-22	-21	18	17	6
Net Income	3,043	2,425	1,962	1,893	1,829	1,284
Net Income to Common	3,043	2,425	1,962	1,893	1,829	1,284
Net Income Growth	41.01%	23.60%	3.65%	3.50%	42.45%	-7.83%
Shares Outstanding (Basic)	70	70	71	71	71	71
Shares Outstanding (Diluted)	70	70	71	71	71	71
Shares Change (YoY)	-1.37%	-0.67%	-0.17%	-0.43%	-0.20%	-0.13%
EPS (Basic)	43.73	34.54	27.76	26.74	25.72	18.07
EPS (Diluted)	43.57	34.43	27.68	26.66	25.64	17.96
EPS Growth	42.80%	24.39%	3.83%	3.98%	42.77%	-7.76%
Free Cash Flow	4,606	5,359	1,414	2,407	1,596	92
Free Cash Flow Per Share	65.98	76.09	19.94	33.89	22.37	1.29
Dividend Per Share	43.000	35.000	14.000	12.000	11.000	-
Dividend Growth	168.75%	150.00%	16.67%	9.09%	-	-
Gross Margin	54.62%	54.60%	48.74%	48.91%	49.12%	49.73%
Operating Margin	20.48%	17.98%	11.45%	14.16%	12.97%	10.14%
Profit Margin	11.71%	9.76%	9.64%	11.19%	12.67%	9.60%
Free Cash Flow Margin	17.72%	21.58%	6.95%	14.23%	11.06%	0.69%
EBITDA	6,703	6,029	3,789	3,366	2,845	2,267
EBITDA Margin	25.78%	24.27%	18.62%	19.89%	19.71%	16.95%
D&A For EBITDA	1,379	1,564	1,458	970	973	910.67
EBIT	5,324	4,465	2,331	2,396	1,872	1,356
EBIT Margin	20.48%	17.98%	11.45%	14.16%	12.97%	10.14%
Effective Tax Rate	32.06%	33.74%	27.87%	32.77%	30.28%	32.70%
Advertising Expenses	-	319	597	457	133	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.