Star seeds Income Statement

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

Millions JPY. Fiscal year is Mar - Feb.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2010
Period Ending	Nov '25 Nov 30, 2025	Feb '25 Feb 28, 2025	Feb '24 Feb 29, 2024	Feb '23 Feb 28, 2023	Feb '22 Feb 28, 2022	Feb '10 Feb 28, 2010
Revenue	5,362	5,110	5,530	6,305	4,163	7,708
Revenue Growth (YoY)	7.56%	-7.60%	-12.29%	51.45%	-45.99%	-8.54%
Cost of Revenue	2,718	2,349	2,351	2,765	1,837	4,058
Gross Profit	2,644	2,761	3,179	3,540	2,326	3,651
Selling, General & Admin	3,049	3,036	3,281	3,794	2,507	3,532
Operating Expenses	3,071	3,058	3,309	3,797	2,509	3,658
Operating Income	-427	-297	-130	-257	-183	-7.13
Interest Expense	-9	-9	-8	-9	-	-30.17
Interest & Investment Income	1	-	-	-	-	1.24
Currency Exchange Gain (Loss)	1	-3	-4	-10	-	-
Other Non Operating Income (Expenses)	-53	-52	-13	25	33	-1.38
EBT Excluding Unusual Items	-487	-361	-155	-251	-150	-37.44
Merger & Restructuring Charges	-	-	-	-	-	-77.9
Gain (Loss) on Sale of Investments	13	-	-	-	405	-
Asset Writedown	-50	-49	-157	-12	-58	-125.66
Other Unusual Items	-64	-64	24	15	-8	-7.7
Pretax Income	-588	-474	-288	-248	189	-248.7
Income Tax Expense	64	56	44	54	13	-52.07
Net Income	-652	-530	-332	-302	176	-196.63
Net Income to Common	-652	-530	-332	-302	176	-196.63
Shares Outstanding (Basic)	5	4	3	3	3	1
Shares Outstanding (Diluted)	5	4	3	3	3	1
Shares Change (YoY)	45.91%	40.36%	-0.00%	-0.00%	257.97%	-11.91%
EPS (Basic)	-119.97	-130.99	-115.17	-104.76	61.05	-244.17
EPS (Diluted)	-119.97	-130.99	-115.17	-104.76	61.05	-244.17
Free Cash Flow	-	-322	-150	-609	-110	95.77
Free Cash Flow Per Share	-	-79.58	-52.03	-211.26	-38.16	118.92
Gross Margin	49.31%	54.03%	57.49%	56.15%	55.87%	47.36%
Operating Margin	-7.96%	-5.81%	-2.35%	-4.08%	-4.40%	-0.09%
Profit Margin	-12.16%	-10.37%	-6.00%	-4.79%	4.23%	-2.55%
Free Cash Flow Margin	-	-6.30%	-2.71%	-9.66%	-2.64%	1.24%
EBITDA	-426.25	-288	-110	-235	-181	120.13
EBITDA Margin	-7.95%	-5.64%	-1.99%	-3.73%	-4.35%	1.56%
D&A For EBITDA	0.75	9	20	22	2	127.26
EBIT	-427	-297	-130	-257	-183	-7.13
EBIT Margin	-7.96%	-5.81%	-2.35%	-4.08%	-4.40%	-0.09%
Effective Tax Rate	-	-	-	-	6.88%	-
Advertising Expenses	-	380	-	-	-	148.49

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