Cube System Inc. (TYO:2335)

Cube System Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Revenue	18,471	18,351	18,021	16,325	16,099	14,788
Revenue Growth (YoY)	2.46%	1.83%	10.39%	1.40%	8.87%	0.54%
Cost of Revenue	14,215	14,403	14,099	12,756	12,649	11,949
Gross Profit	4,256	3,948	3,922	3,569	3,450	2,839
Selling, General & Admin	2,677	2,566	2,386	2,117	2,032	1,665
Operating Expenses	2,677	2,566	2,386	2,117	2,032	1,665
Operating Income	1,579	1,382	1,536	1,452	1,418	1,174
Interest Expense	-2	-1	-1	-1	-1	-1
Interest & Investment Income	22	22	26	19	17	88
Currency Exchange Gain (Loss)	1	-5	-11	-7	-7	-5
Other Non Operating Income (Expenses)	1	-6	2	-1	4	14
EBT Excluding Unusual Items	1,601	1,392	1,552	1,462	1,431	1,270
Gain (Loss) on Sale of Investments	103	52	38	17	-	12
Asset Writedown	-4	-	-	-	-	-
Other Unusual Items	3	326	-	-	-	-
Pretax Income	1,703	1,770	1,590	1,479	1,431	1,282
Income Tax Expense	549	509	523	490	482	435
Earnings From Continuing Operations	1,154	1,261	1,067	989	949	847
Minority Interest in Earnings	-	-	-	-	-5	-3
Net Income	1,154	1,261	1,067	989	944	844
Net Income to Common	1,154	1,261	1,067	989	944	844
Net Income Growth	-6.03%	18.18%	7.89%	4.77%	11.85%	60.76%
Shares Outstanding (Basic)	15	15	15	14	14	14
Shares Outstanding (Diluted)	15	15	15	14	14	14
Shares Change (YoY)	-0.19%	-0.74%	7.78%	3.98%	-0.44%	0.10%
EPS (Basic)	76.57	83.79	70.38	70.31	69.78	62.11
EPS (Diluted)	76.57	83.79	70.38	70.31	69.78	62.11
EPS Growth	-5.84%	19.06%	0.10%	0.76%	12.34%	60.61%
Free Cash Flow	663	216	975	879	972	1,004
Free Cash Flow Per Share	43.99	14.35	64.31	62.49	71.85	73.88
Dividend Per Share	40.000	40.000	35.000	26.000	23.000	20.000
Dividend Growth	-	14.29%	34.62%	13.04%	15.00%	11.11%
Gross Margin	23.04%	21.51%	21.76%	21.86%	21.43%	19.20%
Operating Margin	8.55%	7.53%	8.52%	8.89%	8.81%	7.94%
Profit Margin	6.25%	6.87%	5.92%	6.06%	5.86%	5.71%
Free Cash Flow Margin	3.59%	1.18%	5.41%	5.38%	6.04%	6.79%
EBITDA	1,654	1,439	1,579	1,503	1,478	1,233
EBITDA Margin	8.96%	7.84%	8.76%	9.21%	9.18%	8.34%
D&A For EBITDA	75	57	43	51	60	59
EBIT	1,579	1,382	1,536	1,452	1,418	1,174
EBIT Margin	8.55%	7.53%	8.52%	8.89%	8.81%	7.94%
Effective Tax Rate	32.24%	28.76%	32.89%	33.13%	33.68%	33.93%

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