Instructure Holdings 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
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	186.6	194.64	360.36	178.8	59.33
Revenue Growth (YoY)	214.51%	-45.99%	101.54%	201.37%	-
Gross Profit	186.6	194.64	360.36	178.8	59.33
Selling, General & Admin	234.83	235.02	186.18	169.38	165.74
Research & Development	180.65	172.48	136.55	148.33	129.1
Operating Expenses	415.48	407.49	322.73	317.71	294.84
Operating Income	-228.88	-212.85	37.62	-138.91	-235.51
Interest & Investment Income	2.78	1.01	0.01	0.01	0
Other Non Operating Income (Expenses)	0.44	-21.73	-1.74	0.44	-4.58
EBT Excluding Unusual Items	-225.67	-233.56	35.9	-138.46	-240.08
Asset Writedown	-	-	-	-0.07	-
Other Unusual Items	-	-	-	-	10.61
Pretax Income	-225.67	-233.56	35.9	-138.53	-229.47
Income Tax Expense	2.95	2.88	2.85	2.85	2.85
Net Income	-228.62	-236.44	33.05	-141.38	-232.32
Net Income to Common	-228.62	-236.44	33.05	-141.38	-232.32
Shares Outstanding (Basic)	6	6	6	6	4
Shares Outstanding (Diluted)	6	6	6	6	4
Shares Change (YoY)	44.98%	15.81%	-	22.94%	-
EPS (Basic)	-35.24	-37.11	6.01	-25.70	-51.92
EPS (Diluted)	-35.24	-37.11	6.01	-25.70	-51.92
Free Cash Flow	-	-223.65	68.71	-203.72	-237.76
Free Cash Flow Per Share	-	-35.10	12.49	-37.03	-53.14
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	-122.66%	-109.35%	10.44%	-77.69%	-396.95%
Profit Margin	-122.52%	-121.47%	9.17%	-79.07%	-391.57%
Free Cash Flow Margin	-	-114.90%	19.07%	-113.94%	-400.75%
EBITDA	-216.31	-197.4	64.57	-110.11	-217.47
EBITDA Margin	-115.92%	-101.42%	17.92%	-61.58%	-
D&A For EBITDA	12.57	15.45	26.94	28.8	18.04
EBIT	-228.88	-212.85	37.62	-138.91	-235.51
EBIT Margin	-122.66%	-109.35%	10.44%	-77.69%	-
Effective Tax Rate	-	-	7.94%	-	-

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