SMS Co., Ltd. (TYO: 2175)

SMS Co., Ltd. Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Revenue	58,341	53,973	45,667	38,899	35,960	35,140
Revenue Growth (YoY)	17.13%	18.19%	17.40%	8.17%	2.33%	13.96%
Cost of Revenue	6,845	6,430	5,566	4,455	3,957	4,048
Gross Profit	51,496	47,543	40,101	34,444	32,003	31,092
Selling, General & Admin	40,819	35,740	29,798	25,622	24,274	24,102
Operating Expenses	44,352	39,273	32,820	28,125	26,533	26,156
Operating Income	7,144	8,270	7,281	6,319	5,470	4,936
Interest Expense	-76	-66	-69	-79	-90	-102
Interest & Investment Income	38	38	17	12	10	24
Earnings From Equity Investments	1,944	1,683	1,526	1,509	1,241	1,486
Currency Exchange Gain (Loss)	-63	-66	-59	-43	-53	-43
Other Non Operating Income (Expenses)	63	41	63	8	74	54
EBT Excluding Unusual Items	9,050	9,900	8,759	7,726	6,652	6,355
Gain (Loss) on Sale of Investments	-	-	49	-1	67	-
Gain (Loss) on Sale of Assets	-176	-159	-13	-14	-117	-22
Asset Writedown	-	-	-	-3	-	-
Other Unusual Items	-39	-	-	-2	-133	42
Pretax Income	8,835	9,741	8,795	7,706	6,469	6,375
Income Tax Expense	2,114	2,514	2,389	2,298	1,669	1,615
Earnings From Continuing Operations	6,721	7,227	6,406	5,408	4,800	4,760
Net Income	6,721	7,227	6,406	5,408	4,800	4,760
Net Income to Common	6,721	7,227	6,406	5,408	4,800	4,760
Net Income Growth	4.15%	12.82%	18.45%	12.67%	0.84%	12.90%
Shares Outstanding (Basic)	86	87	87	87	87	87
Shares Outstanding (Diluted)	86	87	88	88	88	87
Shares Change (YoY)	-1.43%	-0.28%	0.04%	0.06%	0.09%	0.02%
EPS (Basic)	77.91	82.96	73.51	62.07	55.12	54.69
EPS (Diluted)	77.82	82.75	73.13	61.77	54.86	54.45
EPS Growth	5.69%	13.15%	18.39%	12.60%	0.75%	12.87%
Free Cash Flow	8,645	9,327	8,218	9,606	6,393	5,172
Free Cash Flow Per Share	100.07	106.78	93.82	109.71	73.06	59.16
Dividend Per Share	20.000	20.000	15.000	10.500	9.500	8.500
Dividend Growth	33.33%	33.33%	42.86%	10.53%	11.76%	13.33%
Gross Margin	88.27%	88.09%	87.81%	88.55%	89.00%	88.48%
Operating Margin	12.25%	15.32%	15.94%	16.24%	15.21%	14.05%
Profit Margin	11.52%	13.39%	14.03%	13.90%	13.35%	13.55%
Free Cash Flow Margin	14.82%	17.28%	18.00%	24.69%	17.78%	14.72%
EBITDA	10,867	11,726	10,177	8,801	7,655	6,956
EBITDA Margin	18.63%	21.73%	22.29%	22.63%	21.29%	19.80%
D&A For EBITDA	3,723	3,456	2,896	2,482	2,185	2,020
EBIT	7,144	8,270	7,281	6,319	5,470	4,936
EBIT Margin	12.25%	15.32%	15.94%	16.24%	15.21%	14.05%
Effective Tax Rate	23.93%	25.81%	27.16%	29.82%	25.80%	25.33%
Advertising Expenses	-	8,731	7,075	5,592	4,979	4,714

Source: S&P Capital IQ. Standard template. Financial Sources.