Soracom Income Statement

Financials in millions JPY. Fiscal year is April - March.

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Revenue	8,993	7,928	6,299	5,450
Revenue Growth (YoY)	13.43%	25.86%	15.58%	-
Cost of Revenue	3,960	3,436	3,029	2,723
Gross Profit	5,033	4,492	3,270	2,727
Selling, General & Admin	4,373	3,765	3,168	2,226
Other Operating Expenses	1	-	-	-
Operating Expenses	4,376	3,765	3,168	2,226
Operating Income	657	727	102	501
Interest Expense	-5	-6	-7	-8
Interest & Investment Income	4	-	2	2
Currency Exchange Gain (Loss)	-26	-58	16	-28
Other Non Operating Income (Expenses)	-12	-26	-1	-2
EBT Excluding Unusual Items	618	637	112	465
Gain (Loss) on Sale of Investments	-198	-	54	1
Other Unusual Items	-	-	1	-
Pretax Income	420	637	167	466
Income Tax Expense	82	152	97	129
Earnings From Continuing Operations	338	485	70	337
Minority Interest in Earnings	14	-	-	-
Net Income	352	485	70	337
Net Income to Common	352	485	70	337
Net Income Growth	-27.42%	592.86%	-79.23%	-
Shares Outstanding (Basic)	45	39	38	38
Shares Outstanding (Diluted)	47	39	38	38
Shares Change (YoY)	22.12%	0.38%	-	-
EPS (Basic)	7.82	12.58	1.82	8.76
EPS (Diluted)	7.48	12.57	1.82	8.76
EPS Growth	-40.49%	591.12%	-79.23%	-
Free Cash Flow	-746	438	-	-
Free Cash Flow Per Share	-15.81	11.34	-	-
Gross Margin	55.97%	56.66%	51.91%	50.04%
Operating Margin	7.31%	9.17%	1.62%	9.19%
Profit Margin	3.91%	6.12%	1.11%	6.18%
Free Cash Flow Margin	-8.29%	5.53%	-	-
EBITDA	777	814	-	-
EBITDA Margin	8.64%	10.27%	-	-
D&A For EBITDA	120	87	-	-
EBIT	657	727	102	501
EBIT Margin	7.31%	9.17%	1.62%	9.19%
Effective Tax Rate	19.52%	23.86%	58.08%	27.68%
Advertising Expenses	516	433	-	-

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