CareNet, Inc. (TYO:2150)

CareNet Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	11,770	11,182	10,235	9,327	8,004	5,304
Revenue Growth (YoY)	13.50%	9.25%	9.74%	16.53%	50.91%	62.30%
Cost of Revenue	4,514	4,358	3,747	2,916	2,445	1,593
Gross Profit	7,256	6,824	6,488	6,411	5,559	3,711
Selling, General & Admin	4,522	4,421	4,000	3,511	3,024	2,171
Other Operating Expenses	42	42	60	49	2	30
Operating Expenses	4,564	4,463	4,060	3,560	3,026	2,206
Operating Income	2,692	2,361	2,428	2,851	2,533	1,505
Interest Expense	-1	-1	-	-	-2	-4
Interest & Investment Income	19	17	9	9	8	5
Earnings From Equity Investments	-35	-3	28	-	-	-
Currency Exchange Gain (Loss)	-13	14	8	14	13	-7
Other Non Operating Income (Expenses)	-85	-10	-4	28	5	6
EBT Excluding Unusual Items	2,577	2,378	2,469	2,902	2,557	1,505
Gain (Loss) on Sale of Investments	73	-56	-30	-134	-48	-120
Gain (Loss) on Sale of Assets	-10	-4	-3	-9	-2	-
Asset Writedown	-306	-306	-30	-	-58	-
Other Unusual Items	-	-	-1	-	-1	-
Pretax Income	2,334	2,012	2,405	2,759	2,448	1,385
Income Tax Expense	902	836	886	899	839	568
Earnings From Continuing Operations	1,432	1,176	1,519	1,860	1,609	817
Minority Interest in Earnings	-25	-37	-9	-13	-	-2
Net Income	1,407	1,139	1,510	1,847	1,609	815
Net Income to Common	1,407	1,139	1,510	1,847	1,609	815
Net Income Growth	16.47%	-24.57%	-18.25%	14.79%	97.42%	81.92%
Shares Outstanding (Basic)	43	44	45	44	42	42
Shares Outstanding (Diluted)	43	44	45	44	42	42
Shares Change (YoY)	-2.77%	-0.83%	0.58%	4.92%	1.69%	-1.91%
EPS (Basic)	32.48	25.77	33.89	41.69	38.10	19.63
EPS (Diluted)	32.48	25.77	33.89	41.69	38.10	19.63
EPS Growth	19.80%	-23.94%	-18.72%	9.41%	94.15%	85.45%
Free Cash Flow	1,970	1,790	1,666	1,708	1,638	1,328
Free Cash Flow Per Share	45.47	40.50	37.39	38.55	38.79	31.98
Dividend Per Share	12.000	12.000	12.000	6.000	6.000	2.000
Dividend Growth	-	-	100.00%	-	200.00%	33.33%
Gross Margin	61.65%	61.03%	63.39%	68.74%	69.45%	69.97%
Operating Margin	22.87%	21.11%	23.72%	30.57%	31.65%	28.38%
Profit Margin	11.95%	10.19%	14.75%	19.80%	20.10%	15.37%
Free Cash Flow Margin	16.74%	16.01%	16.28%	18.31%	20.46%	25.04%
EBITDA	2,952	2,641	2,683	2,954	2,627	1,564
EBITDA Margin	25.08%	23.62%	26.21%	31.67%	32.82%	29.49%
D&A For EBITDA	260	280	255	103	94	59
EBIT	2,692	2,361	2,428	2,851	2,533	1,505
EBIT Margin	22.87%	21.11%	23.72%	30.57%	31.65%	28.38%
Effective Tax Rate	38.65%	41.55%	36.84%	32.58%	34.27%	41.01%

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