BASE,Inc. Income Statement

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	18,736	15,981	11,680	9,739	9,931	8,288
Revenue Growth (YoY)	27.97%	36.82%	19.93%	-1.93%	19.82%	115.33%
Cost of Revenue	10,068	8,814	6,647	5,002	4,307	3,295
Gross Profit	8,668	7,167	5,033	4,737	5,624	4,993
Selling, General & Admin	7,549	6,194	5,380	6,197	6,540	4,141
Other Operating Expenses	-	-	-	-	6	10
Operating Expenses	7,549	6,393	5,458	6,245	6,601	4,189
Operating Income	1,119	774	-425	-1,508	-977	804
Interest Expense	-13	-3	-	-	-	-
Interest & Investment Income	37	2	-	-	-	-
Currency Exchange Gain (Loss)	-4	-	-	-2	-	-
Other Non Operating Income (Expenses)	16	23	16	15	17	-57
EBT Excluding Unusual Items	1,155	796	-409	-1,495	-960	747
Gain (Loss) on Sale of Investments	-	-	-63	-83	-258	-
Gain (Loss) on Sale of Assets	2	-	-	-	-	-
Asset Writedown	-867	-867	-130	-157	-	-
Pretax Income	290	-71	-602	-1,735	-1,218	747
Income Tax Expense	-269	-411	4	-3	-24	163
Net Income	559	340	-606	-1,732	-1,194	584
Net Income to Common	559	340	-606	-1,732	-1,194	584
Shares Outstanding (Basic)	115	116	114	112	111	104
Shares Outstanding (Diluted)	116	118	114	112	111	112
Shares Change (YoY)	-0.14%	2.76%	2.05%	1.32%	-1.46%	89.11%
EPS (Basic)	4.85	2.94	-5.30	-15.46	-10.80	5.63
EPS (Diluted)	4.83	2.90	-5.30	-15.46	-10.80	5.21
Free Cash Flow	-	3,631	-133	-1,734	1,762	3,096
Free Cash Flow Per Share	-	30.90	-1.16	-15.47	15.93	27.59
Gross Margin	46.26%	44.85%	43.09%	48.64%	56.63%	60.24%
Operating Margin	5.97%	4.84%	-3.64%	-15.48%	-9.84%	9.70%
Profit Margin	2.98%	2.13%	-5.19%	-17.78%	-12.02%	7.05%
Free Cash Flow Margin	-	22.72%	-1.14%	-17.80%	17.74%	37.35%
EBITDA	1,169	804	-423	-1,459	-932	846
EBITDA Margin	6.24%	5.03%	-3.62%	-14.98%	-9.38%	10.21%
D&A For EBITDA	49.5	30	2	49	45	42
EBIT	1,119	774	-425	-1,508	-977	804
EBIT Margin	5.97%	4.84%	-3.64%	-15.48%	-9.84%	9.70%
Effective Tax Rate	-	-	-	-	-	21.82%
Advertising Expenses	-	-	474	1,264	2,557	1,540

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.