Accolade Income Statement

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

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2017 - 2021
Period Ending	Jun '25 Jun 30, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021	2017 - 2021
Operating Revenue	14,122,649	14,662,620	13,324,942	14,306,402	11,757,559	8,010,235	Upgrade
Revenue	14,122,649	14,662,620	13,324,942	14,306,402	11,757,559	8,010,235	Upgrade
Revenue Growth (YoY)	0.76%	10.04%	-6.86%	21.68%	46.78%	-5.59%	Upgrade
Cost of Revenue	12,865,697	13,374,254	12,005,227	12,910,174	10,616,188	7,198,770	Upgrade
Gross Profit	1,256,952	1,288,366	1,319,715	1,396,228	1,141,371	811,465	Upgrade
Selling, General & Admin	815,636	818,304	734,783	642,792	541,079	489,109	Upgrade
Other Operating Expenses	-59,473	-42,970	-42,931	-14,574	-33,543	-4,408	Upgrade
Operating Expenses	841,020	860,191	768,260	693,945	596,556	641,539	Upgrade
Operating Income	415,932	428,175	551,455	702,283	544,815	169,926	Upgrade
Interest Expense	-207,138	-206,032	-168,064	-114,582	-47,324	-51,948	Upgrade
Interest & Investment Income	282,606	276,297	274,973	202,699	216,504	123,532	Upgrade
Earnings From Equity Investments	479,624	494,076	491,564	555,526	431,263	227,910	Upgrade
EBT Excluding Unusual Items	971,024	992,516	1,149,928	1,345,926	1,145,258	469,420	Upgrade
Impairment of Goodwill	-689	-689	-1,036	-392	-820	-11,760	Upgrade
Gain (Loss) on Sale of Investments	23,616	116,348	198,063	59,524	8,705	7,888	Upgrade
Gain (Loss) on Sale of Assets	56,221	57,989	16,166	19,436	14,480	4,646	Upgrade
Asset Writedown	-28,424	-30,933	-60,728	-29,199	-3,143	-19,992	Upgrade
Pretax Income	1,021,748	1,135,231	1,302,393	1,395,295	1,164,480	450,202	Upgrade
Income Tax Expense	184,782	213,675	221,914	240,668	226,810	99,821	Upgrade
Earnings From Continuing Operations	836,966	921,556	1,080,479	1,154,627	937,670	350,381	Upgrade
Minority Interest in Earnings	-21,087	-21,214	-16,795	-23,997	-22,948	-14,923	Upgrade
Net Income	815,879	900,342	1,063,684	1,130,630	914,722	335,458	Upgrade
Net Income to Common	815,879	900,342	1,063,684	1,130,630	914,722	335,458	Upgrade
Net Income Growth	-24.94%	-15.36%	-5.92%	23.60%	172.68%	-14.32%	Upgrade
Shares Outstanding (Basic)	2,874	2,935	3,015	3,133	3,257	3,367	Upgrade
Shares Outstanding (Diluted)	2,874	2,938	3,017	3,134	3,259	3,368	Upgrade
Shares Change (YoY)	-4.34%	-2.63%	-3.75%	-3.82%	-3.25%	-2.79%	Upgrade
EPS (Basic)	283.91	306.73	352.80	360.91	280.81	99.64	Upgrade
EPS (Diluted)	283.89	306.47	352.57	360.70	280.69	99.59	Upgrade
EPS Growth	-21.53%	-13.07%	-2.25%	28.51%	181.84%	-11.86%	Upgrade
Free Cash Flow	662,991	671,371	569,648	819,472	621,371	557,006	Upgrade
Free Cash Flow Per Share	230.71	228.54	188.81	261.44	190.67	165.37	Upgrade
Dividend Per Share	-	100.000	85.000	70.000	52.500	42.500	Upgrade
Dividend Growth	-	17.65%	21.43%	33.33%	23.53%	6.25%	Upgrade
Gross Margin	8.90%	8.79%	9.90%	9.76%	9.71%	10.13%	Upgrade
Operating Margin	2.94%	2.92%	4.14%	4.91%	4.63%	2.12%	Upgrade
Profit Margin	5.78%	6.14%	7.98%	7.90%	7.78%	4.19%	Upgrade
Free Cash Flow Margin	4.70%	4.58%	4.28%	5.73%	5.29%	6.95%	Upgrade
EBITDA	649,718	664,564	804,546	912,698	801,218	411,126	Upgrade
EBITDA Margin	4.60%	4.53%	6.04%	6.38%	6.81%	5.13%	Upgrade
D&A For EBITDA	233,786	236,389	253,091	210,415	256,403	241,200	Upgrade
EBIT	415,932	428,175	551,455	702,283	544,815	169,926	Upgrade
EBIT Margin	2.94%	2.92%	4.14%	4.91%	4.63%	2.12%	Upgrade
Effective Tax Rate	18.09%	18.82%	17.04%	17.25%	19.48%	22.17%	Upgrade

Updated Feb 4, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.