Ichigo Inc. (TYO:2337)

Ichigo Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov 30, 2025	Feb 28, 2025	Feb 29, 2024	Feb 28, 2023	Feb 28, 2022	Feb 28, 2021
Revenue	99,366	83,576	82,747	68,093	56,934	61,368
Revenue Growth (YoY)	-2.15%	1.00%	21.52%	19.60%	-7.22%	-29.75%
Cost of Revenue	68,688	58,051	61,875	48,674	40,757	45,776
Gross Profit	30,678	25,525	20,872	19,419	16,177	15,592
Selling, General & Admin	8,628	8,281	7,149	6,309	5,616	5,452
Other Operating Expenses	924	924	761	615	542	471
Operating Expenses	9,562	9,215	7,911	6,926	6,159	5,923
Operating Income	21,116	16,310	12,961	12,493	10,018	9,669
Interest Expense	-4,028	-3,069	-2,349	-2,165	-2,341	-2,338
Interest & Investment Income	87	74	397	84	59	95
Earnings From Equity Investments	-554	-179	-	-	-	-
Currency Exchange Gain (Loss)	-252	235	1	10	38	-17
Other Non Operating Income (Expenses)	-699	-928	-400	-365	-349	-446
EBT Excluding Unusual Items	15,670	12,443	10,610	10,057	7,425	6,963
Gain (Loss) on Sale of Investments	-209	-3	4,049	-261	-28	-114
Gain (Loss) on Sale of Assets	7,088	7,943	4,274	4,416	3,248	720
Asset Writedown	1,366	1,195	-268	-36	-676	187
Other Unusual Items	292	205	-704	57	-375	-147
Pretax Income	24,207	21,783	17,961	14,233	9,594	7,609
Income Tax Expense	7,164	6,370	5,626	4,578	2,901	2,564
Earnings From Continuing Operations	17,043	15,413	12,335	9,655	6,693	5,045
Minority Interest in Earnings	-227	-226	-227	-246	-220	-18
Net Income	16,816	15,187	12,108	9,409	6,473	5,027
Net Income to Common	16,816	15,187	12,108	9,409	6,473	5,027
Net Income Growth	47.33%	25.43%	28.68%	45.36%	28.77%	-38.70%
Shares Outstanding (Basic)	420	436	450	460	469	480
Shares Outstanding (Diluted)	421	437	450	460	469	480
Shares Change (YoY)	-4.28%	-3.06%	-2.15%	-1.82%	-2.32%	-1.22%
EPS (Basic)	40.00	34.86	26.89	20.44	13.81	10.48
EPS (Diluted)	39.92	34.79	26.89	20.44	13.81	10.48
EPS Growth	53.91%	29.39%	31.52%	48.05%	31.83%	-37.94%
Free Cash Flow	-42,499	-33,493	-16,780	-10,262	2,141	-984
Free Cash Flow Per Share	-100.89	-76.73	-37.26	-22.30	4.57	-2.05
Dividend Per Share	10.500	10.500	9.000	8.000	7.000	7.000
Dividend Growth	16.67%	16.67%	12.50%	14.29%	-	-
Gross Margin	30.87%	30.54%	25.22%	28.52%	28.41%	25.41%
Operating Margin	21.25%	19.52%	15.66%	18.35%	17.60%	15.76%
Profit Margin	16.92%	18.17%	14.63%	13.82%	11.37%	8.19%
Free Cash Flow Margin	-42.77%	-40.08%	-20.28%	-15.07%	3.76%	-1.60%
EBITDA	25,980	21,261	17,917	18,009	15,811	14,587
EBITDA Margin	26.15%	25.44%	21.65%	26.45%	27.77%	23.77%
D&A For EBITDA	4,864	4,951	4,956	5,516	5,793	4,918
EBIT	21,116	16,310	12,961	12,493	10,018	9,669
EBIT Margin	21.25%	19.52%	15.66%	18.35%	17.60%	15.76%
Effective Tax Rate	29.59%	29.24%	31.32%	32.16%	30.24%	33.70%

Updated Nov 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.