First-corporation Inc. (TYO:1430)

First-corporation Income Statement

Financials in millions JPY. Fiscal year is June - May.

Fiscal Year	TTM	FY 2024	FY 2023
Period Ending	Feb 28, 2025	May 31, 2024	May 31, 2023
Revenue	42,351	28,485	25,543
Revenue Growth (YoY)	65.80%	11.52%	-
Cost of Revenue	38,751	25,622	22,155
Gross Profit	3,600	2,863	3,388
Selling, General & Admin	1,514	1,409	1,404
Operating Expenses	1,514	1,409	1,404
Operating Income	2,086	1,454	1,984
Interest Expense	-95	-38	-31
Other Non Operating Income (Expenses)	4	1	25
EBT Excluding Unusual Items	1,995	1,417	1,978
Gain (Loss) on Sale of Assets	3	3	-
Asset Writedown	-59	-43	-
Other Unusual Items	-	-1	-
Pretax Income	1,939	1,376	1,978
Income Tax Expense	660	432	614
Net Income	1,279	944	1,364
Net Income to Common	1,279	944	1,364
Net Income Growth	-6.23%	-30.79%	-
Shares Outstanding (Basic)	12	12	12
Shares Outstanding (Diluted)	12	12	12
Shares Change (YoY)	0.47%	0.43%	-
EPS (Basic)	107.06	79.07	114.74
EPS (Diluted)	107.05	79.07	114.74
EPS Growth	-6.70%	-31.09%	-
Free Cash Flow	-	-1,598	-383
Free Cash Flow Per Share	-	-133.79	-32.20
Dividend Per Share	31.000	31.000	35.000
Dividend Growth	-11.43%	-11.43%	-
Gross Margin	8.50%	10.05%	13.26%
Operating Margin	4.93%	5.10%	7.77%
Profit Margin	3.02%	3.31%	5.34%
Free Cash Flow Margin	-	-5.61%	-1.50%
EBITDA	2,108	1,472	1,997
EBITDA Margin	4.98%	5.17%	7.82%
D&A For EBITDA	21.75	18	13
EBIT	2,086	1,454	1,984
EBIT Margin	4.93%	5.10%	7.77%
Effective Tax Rate	34.04%	31.39%	31.04%

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