M3, Inc. (MTHRY)

M3, Inc. 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	Dec 31, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Revenue	343,774	284,900	238,883	230,818	208,159	169,198
Revenue Growth (YoY)	29.62%	19.26%	3.49%	10.88%	23.03%	29.18%
Cost of Revenue	170,457	130,536	98,352	95,632	84,891	65,798
Gross Profit	173,317	154,364	140,531	135,186	123,268	103,400
Selling, General & Admin	94,225	82,371	67,647	58,989	51,141	40,906
Other Operating Expenses	-5,842	-648	-110	-61	-163	-476
Operating Expenses	98,958	92,298	74,893	64,771	55,904	44,562
Operating Income	74,359	62,066	65,638	70,415	67,364	58,838
Interest Expense	-917	-694	-390	-68	-51	-48
Interest & Investment Income	2,327	2,531	1,749	1,106	584	404
Earnings From Equity Investments	2,624	2,672	1,357	1,471	-2,430	-28
Currency Exchange Gain (Loss)	-	-	3,100	1,298	513	-62
Other Non Operating Income (Expenses)	-23	-24	-	1	-1	-2
EBT Excluding Unusual Items	78,370	66,551	71,454	74,223	65,979	59,102
Gain (Loss) on Sale of Investments	172	172	3,768	72	32,664	-18
Gain (Loss) on Sale of Assets	138	138	-	-	-	-
Asset Writedown	-2,077	-2,077	-6,382	24	-2,457	-820
Pretax Income	76,603	64,784	68,840	74,319	96,186	58,264
Income Tax Expense	22,560	20,444	20,291	22,336	30,078	17,066
Earnings From Continuing Operations	54,043	44,340	48,549	51,983	66,108	41,198
Minority Interest in Earnings	-4,453	-3,856	-3,278	-2,955	-2,263	-3,376
Net Income	49,590	40,484	45,271	49,028	63,845	37,822
Net Income to Common	49,590	40,484	45,271	49,028	63,845	37,822
Net Income Growth	20.36%	-10.57%	-7.66%	-23.21%	68.80%	74.82%
Shares Outstanding (Basic)	677	679	679	679	679	679
Shares Outstanding (Diluted)	677	679	679	679	679	679
Shares Change (YoY)	-0.58%	-0.03%	0.02%	-0.00%	0.00%	0.09%
EPS (Basic)	73.10	59.62	66.68	72.22	94.06	55.73
EPS (Diluted)	73.10	59.60	66.63	72.17	93.98	55.68
EPS Growth	20.87%	-10.55%	-7.68%	-23.21%	68.79%	74.66%
Free Cash Flow	-	45,453	52,898	51,202	50,403	45,397
Free Cash Flow Per Share	-	66.92	77.85	75.37	74.19	66.83
Dividend Per Share	21.000	21.000	21.000	19.000	16.000	12.000
Dividend Growth	-	-	10.53%	18.75%	33.33%	41.18%
Gross Margin	50.42%	54.18%	58.83%	58.57%	59.22%	61.11%
Operating Margin	21.63%	21.79%	27.48%	30.51%	32.36%	34.77%
Profit Margin	14.42%	14.21%	18.95%	21.24%	30.67%	22.35%
Free Cash Flow Margin	-	15.95%	22.14%	22.18%	24.21%	26.83%
EBITDA	89,059	74,271	74,516	77,849	73,638	64,574
EBITDA Margin	25.91%	26.07%	31.19%	33.73%	35.38%	38.16%
D&A For EBITDA	14,700	12,205	8,878	7,434	6,274	5,736
EBIT	74,359	62,066	65,638	70,415	67,364	58,838
EBIT Margin	21.63%	21.79%	27.48%	30.51%	32.36%	34.77%
Effective Tax Rate	29.45%	31.56%	29.48%	30.05%	31.27%	29.29%
Advertising Expenses	-	8,941	8,053	8,541	7,048	5,983

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