M3, Inc. (TYO:2413)

M3, Inc. 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	330,966	284,900	238,883	230,818	208,159	169,198
Revenue Growth (YoY)	33.50%	19.26%	3.49%	10.88%	23.03%	29.18%
Cost of Revenue	161,512	130,536	98,352	95,632	84,891	65,798
Gross Profit	169,454	154,364	140,531	135,186	123,268	103,400
Selling, General & Admin	91,882	82,371	67,647	58,989	51,141	40,906
Other Operating Expenses	-1,807	-648	-110	-61	-163	-476
Operating Expenses	100,650	92,298	74,893	64,771	55,904	44,562
Operating Income	68,804	62,066	65,638	70,415	67,364	58,838
Interest Expense	-116	-694	-390	-68	-51	-48
Interest & Investment Income	2,551	2,531	1,749	1,106	584	404
Earnings From Equity Investments	2,943	2,672	1,357	1,471	-2,430	-28
Currency Exchange Gain (Loss)	-	-	3,100	1,298	513	-62
Other Non Operating Income (Expenses)	-23	-24	-	1	-1	-2
EBT Excluding Unusual Items	74,159	66,551	71,454	74,223	65,979	59,102
Gain (Loss) on Sale of Investments	172	172	3,768	72	32,664	-18
Gain (Loss) on Sale of Assets	138	138	-	-	-	-
Asset Writedown	-2,077	-2,077	-6,382	24	-2,457	-820
Pretax Income	72,392	64,784	68,840	74,319	96,186	58,264
Income Tax Expense	22,320	20,444	20,291	22,336	30,078	17,066
Earnings From Continuing Operations	50,072	44,340	48,549	51,983	66,108	41,198
Minority Interest in Earnings	-4,171	-3,856	-3,278	-2,955	-2,263	-3,376
Net Income	45,901	40,484	45,271	49,028	63,845	37,822
Net Income to Common	45,901	40,484	45,271	49,028	63,845	37,822
Net Income Growth	17.22%	-10.57%	-7.66%	-23.21%	68.80%	74.82%
Shares Outstanding (Basic)	679	679	679	679	679	679
Shares Outstanding (Diluted)	679	679	679	679	679	679
Shares Change (YoY)	-0.20%	-0.03%	0.02%	-0.00%	0.00%	0.09%
EPS (Basic)	67.63	59.62	66.68	72.22	94.06	55.73
EPS (Diluted)	67.62	59.60	66.63	72.17	93.98	55.68
EPS Growth	17.45%	-10.55%	-7.68%	-23.21%	68.79%	74.66%
Free Cash Flow	57,009	45,453	52,898	51,202	50,403	45,397
Free Cash Flow Per Share	83.99	66.92	77.85	75.37	74.19	66.83
Dividend Per Share	21.000	21.000	21.000	19.000	16.000	12.000
Dividend Growth	-	-	10.53%	18.75%	33.33%	41.18%
Gross Margin	51.20%	54.18%	58.83%	58.57%	59.22%	61.11%
Operating Margin	20.79%	21.79%	27.48%	30.51%	32.36%	34.77%
Profit Margin	13.87%	14.21%	18.95%	21.24%	30.67%	22.35%
Free Cash Flow Margin	17.22%	15.95%	22.14%	22.18%	24.21%	26.83%
EBITDA	84,312	74,271	74,516	77,849	73,638	64,574
EBITDA Margin	25.47%	26.07%	31.19%	33.73%	35.38%	38.16%
D&A For EBITDA	15,508	12,205	8,878	7,434	6,274	5,736
EBIT	68,804	62,066	65,638	70,415	67,364	58,838
EBIT Margin	20.79%	21.79%	27.48%	30.51%	32.36%	34.77%
Effective Tax Rate	30.83%	31.56%	29.48%	30.05%	31.27%	29.29%
Advertising Expenses	-	8,941	8,053	8,541	7,048	5,983

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