Meiko Electronics Co., Ltd. (FRA:MEC)

Meiko Electronics Income Statement

Financials in millions JPY. Fiscal year is April - March.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Revenue	220,142	206,806	179,458	167,276	151,275	119,257
Revenue Growth (YoY)	15.02%	15.24%	7.28%	10.58%	26.85%	3.27%
Cost of Revenue	176,267	167,030	148,910	141,260	123,880	101,732
Gross Profit	43,875	39,776	30,548	26,016	27,395	17,525
Selling, General & Admin	17,138	15,170	14,400	12,592	11,361	9,719
Research & Development	5,498	5,498	4,491	3,845	2,780	1,142
Operating Expenses	22,660	20,692	18,887	16,440	14,139	10,866
Operating Income	21,215	19,084	11,661	9,576	13,256	6,659
Interest Expense	-1,538	-1,326	-1,090	-1,002	-642	-643
Interest & Investment Income	772	933	586	284	63	55
Currency Exchange Gain (Loss)	1,719	268	2,955	2,002	1,497	-344
Other Non Operating Income (Expenses)	-50	-197	155	353	120	-31
EBT Excluding Unusual Items	22,118	18,762	14,267	11,213	14,294	5,696
Gain (Loss) on Sale of Investments	62	-34	-142	37	9	-
Gain (Loss) on Sale of Assets	-630	-184	-263	-217	-522	-265
Asset Writedown	-	-	-394	-	-	-
Other Unusual Items	988	-1	405	-361	-1,169	-375
Pretax Income	22,538	18,543	13,873	10,672	12,612	5,056
Income Tax Expense	4,381	3,448	2,458	1,887	1,175	422
Earnings From Continuing Operations	18,157	15,095	11,415	8,785	11,437	4,634
Minority Interest in Earnings	-171	-171	-105	62	14	4
Net Income	17,986	14,924	11,310	8,847	11,451	4,638
Preferred Dividends & Other Adjustments	158	315	315	156	-	-
Net Income to Common	17,828	14,609	10,995	8,691	11,451	4,638
Net Income Growth	44.81%	31.95%	27.84%	-22.74%	146.90%	79.35%
Shares Outstanding (Basic)	26	26	26	26	26	26
Shares Outstanding (Diluted)	26	26	26	26	26	26
Shares Change (YoY)	0.04%	0.03%	0.01%	-0.53%	-1.50%	-0.01%
EPS (Basic)	694.79	569.45	428.73	338.93	444.21	177.22
EPS (Diluted)	694.79	569.45	428.73	338.93	444.21	177.22
EPS Growth	47.22%	32.82%	26.49%	-23.70%	150.66%	79.37%
Free Cash Flow	-14,980	-2,743	1,910	-3,142	2,141	-1,884
Free Cash Flow Per Share	-583.80	-106.92	74.48	-122.53	83.06	-71.99
Dividend Per Share	48.000	88.000	68.000	55.000	45.000	20.000
Dividend Growth	-40.74%	29.41%	23.64%	22.22%	125.00%	-33.33%
Gross Margin	19.93%	19.23%	17.02%	15.55%	18.11%	14.70%
Operating Margin	9.64%	9.23%	6.50%	5.73%	8.76%	5.58%
Profit Margin	8.10%	7.06%	6.13%	5.20%	7.57%	3.89%
Free Cash Flow Margin	-6.80%	-1.33%	1.06%	-1.88%	1.42%	-1.58%
EBITDA	34,608	32,301	23,552	19,729	21,290	14,147
EBITDA Margin	15.72%	15.62%	13.12%	11.79%	14.07%	11.86%
D&A For EBITDA	13,393	13,217	11,891	10,153	8,034	7,488
EBIT	21,215	19,084	11,661	9,576	13,256	6,659
EBIT Margin	9.64%	9.23%	6.50%	5.73%	8.76%	5.58%
Effective Tax Rate	19.44%	18.59%	17.72%	17.68%	9.32%	8.35%

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