Caulis 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
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Revenue	1,357	1,225	995
Revenue Growth (YoY)	14.92%	23.14%	-
Cost of Revenue	516.82	450.31	381.53
Gross Profit	840.26	774.96	613.46
Selling, General & Admin	400.27	362.29	317.6
Operating Expenses	400.27	362.29	317.6
Operating Income	439.99	412.67	295.86
Interest Expense	-2.61	-3.16	-3.48
Interest & Investment Income	3.12	0.15	0.01
Other Non Operating Income (Expenses)	2.65	-21.32	1.48
Pretax Income	443.15	388.33	293.87
Income Tax Expense	120.08	112.03	33.5
Net Income	323.07	276.3	260.37
Net Income to Common	323.07	276.3	260.37
Net Income Growth	6.06%	6.12%	-
Shares Outstanding (Basic)	6	6	6
Shares Outstanding (Diluted)	7	7	6
Shares Change (YoY)	10.42%	16.74%	-
EPS (Basic)	50.41	44.60	45.63
EPS (Diluted)	48.07	41.47	45.63
EPS Growth	-3.95%	-9.11%	-
Free Cash Flow	-	265.9	299.59
Free Cash Flow Per Share	-	39.91	52.50
Gross Margin	61.92%	63.25%	61.66%
Operating Margin	32.42%	33.68%	29.73%
Profit Margin	23.81%	22.55%	26.17%
Free Cash Flow Margin	-	21.70%	30.11%
EBITDA	441.76	415.8	300.8
EBITDA Margin	32.55%	33.93%	30.23%
D&A For EBITDA	1.77	3.13	4.94
EBIT	439.99	412.67	295.86
EBIT Margin	32.42%	33.68%	29.73%
Effective Tax Rate	27.10%	28.85%	11.40%

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