Sapeet Inc. (TYO:269A)

Sapeet Income Statement

Financials in millions JPY. Fiscal year is October - September.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Dec 31, 2025	Sep 30, 2025	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022
Revenue	1,164	996.3	634.95	421.16	300.09
Revenue Growth (YoY)	64.81%	56.91%	50.76%	40.35%	-
Cost of Revenue	588.28	495.28	252.57	134.59	169.55
Gross Profit	576.03	501.03	382.38	286.58	130.54
Selling, General & Admin	466.57	441.57	396.79	430.55	208.6
Operating Expenses	470.86	445.86	401.44	434.34	218.41
Operating Income	105.17	55.17	-19.07	-147.76	-87.87
Interest Expense	-0.58	-0.58	-4.21	-3.62	-1.82
Interest & Investment Income	0.36	0.36	0.03	0	0
Currency Exchange Gain (Loss)	-0.17	-0.17	-0.07	-0.21	-0.06
Other Non Operating Income (Expenses)	1.48	-9.52	-5.22	0.53	0.39
EBT Excluding Unusual Items	106.25	45.25	-28.54	-151.06	-89.36
Asset Writedown	-3.01	-3.01	-	-	-
Other Unusual Items	-	-	-	3.82	-
Pretax Income	103.24	42.24	-28.54	-147.24	-89.36
Income Tax Expense	-28.3	-28.3	0.51	0.18	0.18
Net Income	131.54	70.54	-29.06	-147.42	-89.54
Net Income to Common	131.54	70.54	-29.06	-147.42	-89.54
Shares Outstanding (Basic)	2	2	1	1	1
Shares Outstanding (Diluted)	2	2	1	1	1
Shares Change (YoY)	28.70%	36.00%	10.51%	-	-
EPS (Basic)	83.42	45.25	-23.66	-132.67	-80.59
EPS (Diluted)	77.76	42.96	-23.66	-132.67	-80.59
Free Cash Flow	-	37.17	-41.74	-183.8	-75.73
Free Cash Flow Per Share	-	22.26	-33.99	-165.42	-68.16
Gross Margin	49.47%	50.29%	60.22%	68.04%	43.50%
Operating Margin	9.03%	5.54%	-3.00%	-35.08%	-29.28%
Profit Margin	11.30%	7.08%	-4.58%	-35.00%	-29.84%
Free Cash Flow Margin	-	3.73%	-6.57%	-43.64%	-25.24%
EBITDA	108.87	58.36	-10.06	-147.72	-87.39
EBITDA Margin	9.35%	5.86%	-1.58%	-35.08%	-29.12%
D&A For EBITDA	3.7	3.2	9.01	0.04	0.48
EBIT	105.17	55.17	-19.07	-147.76	-87.87
EBIT Margin	9.03%	5.54%	-3.00%	-35.08%	-29.28%
Revenue as Reported	-	-	-	421.16	300.09
Advertising Expenses	-	72.39	59.43	62.97	39.13

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