L is B corp. Income Statement

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	2,132	1,594	970.59	770.87
Revenue Growth (YoY)	33.75%	64.23%	25.91%	-
Cost of Revenue	792	562	401.85	313.04
Gross Profit	1,340	1,032	568.74	457.82
Selling, General & Admin	1,171	984	832.74	770.06
Operating Expenses	1,171	984	832.74	770.06
Operating Income	169	48	-264	-312.24
Interest Expense	-15	-7	-1.92	-0.79
Interest & Investment Income	3	-	0.01	0.01
Other Non Operating Income (Expenses)	-11	-23	0.04	0.01
EBT Excluding Unusual Items	146	18	-265.87	-313
Asset Writedown	-	-	-44.75	-16.99
Pretax Income	146	18	-310.62	-329.99
Income Tax Expense	8	5	5.87	5.88
Net Income	138	13	-316.49	-335.87
Net Income to Common	138	13	-316.49	-335.87
Net Income Growth	961.54%	-	-	-
Shares Outstanding (Basic)	5	5	4	4
Shares Outstanding (Diluted)	5	5	4	4
Shares Change (YoY)	4.87%	17.60%	6.57%	-
EPS (Basic)	26.93	2.66	-76.17	-86.14
EPS (Diluted)	26.93	2.66	-76.17	-86.14
EPS Growth	912.21%	-	-	-
Free Cash Flow	171	-8	-161.59	-482.38
Free Cash Flow Per Share	33.37	-1.64	-38.89	-123.72
Gross Margin	62.85%	64.74%	58.60%	59.39%
Operating Margin	7.93%	3.01%	-27.20%	-40.51%
Profit Margin	6.47%	0.82%	-32.61%	-43.57%
Free Cash Flow Margin	8.02%	-0.50%	-16.65%	-62.58%
EBITDA	218	73	-263.65	-309.71
EBITDA Margin	10.22%	4.58%	-27.16%	-40.18%
D&A For EBITDA	49	25	0.35	2.52
EBIT	169	48	-264	-312.24
EBIT Margin	7.93%	3.01%	-27.20%	-40.51%
Effective Tax Rate	5.48%	27.78%	-	-
Advertising Expenses	-	73	-	-

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