SYLA Technologies Income Statement

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	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	30,872	22,743	22,056	16,665	13,140
Revenue Growth (YoY)	35.74%	3.12%	32.34%	26.83%	-
Cost of Revenue	24,266	17,206	18,452	13,516	10,326
Gross Profit	6,606	5,537	3,604	3,149	2,814
Selling, General & Admin	3,698	3,567	2,478	2,157	1,605
Other Operating Expenses	446.93	423.72	269	246.48	177.81
Operating Expenses	4,298	4,096	2,825	2,467	1,926
Operating Income	2,308	1,441	778.71	682.36	888.43
Earnings From Equity Investments	59.13	-1.69	-0.75	0.11	-
Other Non Operating Income (Expenses)	-623.7	-464.9	-105.32	-193.33	-178.98
EBT Excluding Unusual Items	1,744	974.51	672.65	489.14	709.45
Gain (Loss) on Sale of Investments	98.15	40.83	-16.71	10.94	31.41
Pretax Income	1,842	1,015	655.94	500.07	740.86
Income Tax Expense	591.06	265.98	345.18	221.38	305.13
Earnings From Continuing Operations	1,251	749.36	310.76	278.69	435.73
Earnings From Discontinued Operations	-	-6.74	78.63	-	-
Net Income to Company	1,251	742.62	389.39	278.69	435.73
Minority Interest in Earnings	-136.09	-61.19	5.57	-1.2	-
Net Income	1,115	681.43	394.96	277.49	435.73
Net Income to Common	1,115	681.43	394.96	277.49	435.73
Net Income Growth	63.60%	72.53%	42.33%	-36.32%	-
Shares Outstanding (Basic)	26	26	24	23	23
Shares Outstanding (Diluted)	30	30	28	27	27
Shares Change (YoY)	-0.07%	7.30%	4.40%	2.36%	-
EPS (Basic)	42.20	26.72	16.50	12.01	19.27
EPS (Diluted)	36.69	22.41	13.94	10.22	16.43
EPS Growth	63.72%	60.79%	36.33%	-37.78%	-
Free Cash Flow	-9,928	-10,095	-5,331	-1,803	-1,364
Free Cash Flow Per Share	-326.77	-332.01	-188.14	-66.42	-51.44
Gross Margin	21.40%	24.35%	16.34%	18.90%	21.42%
Operating Margin	7.48%	6.34%	3.53%	4.09%	6.76%
Profit Margin	3.61%	3.00%	1.79%	1.67%	3.32%
Free Cash Flow Margin	-32.16%	-44.39%	-24.17%	-10.82%	-10.38%
EBITDA	2,710	1,737	1,082	834	1,031
EBITDA Margin	8.78%	7.64%	4.91%	5.00%	7.85%
D&A For EBITDA	402.04	295.76	303.48	151.64	142.79
EBIT	2,308	1,441	778.71	682.36	888.43
EBIT Margin	7.48%	6.34%	3.53%	4.09%	6.76%
Effective Tax Rate	32.09%	26.20%	52.62%	44.27%	41.19%
Advertising Expenses	300.06	365.07	336.97	494.25	269.59

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