Techno Alpha Income Statement

Financials in millions JPY. Fiscal year is December - November.

Millions JPY. Fiscal year is Dec - Nov.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb '26 Feb 28, 2026	Nov '25 Nov 30, 2025	Nov '24 Nov 30, 2024	Nov '23 Nov 30, 2023	Nov '22 Nov 30, 2022	Nov '21 Nov 30, 2021
Revenue	4,829	4,522	3,969	4,369	4,268	3,148
Revenue Growth (YoY)	32.56%	13.93%	-9.16%	2.37%	35.58%	35.16%
Cost of Revenue	3,201	2,990	2,820	3,261	3,071	2,242
Gross Profit	1,628	1,532	1,149	1,108	1,197	906
Selling, General & Admin	947	945	873	897	855	762
Operating Expenses	947	945	873	912	872	778
Operating Income	681	587	276	196	325	128
Interest Expense	-1	-1	-2	-	-	-
Interest & Investment Income	4	3	2	2	4	11
Currency Exchange Gain (Loss)	3	1	-5	-	14	10
Other Non Operating Income (Expenses)	12	13	44	39	5	31
EBT Excluding Unusual Items	699	603	315	237	348	180
Gain (Loss) on Sale of Investments	-	-	-	-	-4	-
Gain (Loss) on Sale of Assets	2	2	-	-	-	-
Asset Writedown	-	-	-3	-	-	-
Pretax Income	701	605	312	237	344	180
Income Tax Expense	221	193	100	71	115	67
Net Income	480	412	212	166	229	113
Net Income to Common	480	412	212	166	229	113
Net Income Growth	245.32%	94.34%	27.71%	-27.51%	102.66%	-
Shares Outstanding (Basic)	2	2	2	2	2	2
Shares Outstanding (Diluted)	2	2	2	2	2	2
Shares Change (YoY)	-	-	-0.00%	-0.00%	-0.00%	-
EPS (Basic)	271.85	233.34	120.07	94.01	129.69	63.99
EPS (Diluted)	271.85	233.34	120.07	94.01	129.69	63.99
EPS Growth	245.32%	94.34%	27.72%	-27.51%	102.66%	-
Free Cash Flow	-	550	-392	66	200	-341
Free Cash Flow Per Share	-	311.50	-222.01	37.38	113.26	-193.11
Dividend Per Share	35.000	35.000	35.000	35.000	30.000	27.000
Dividend Growth	-	-	-	16.67%	11.11%	8.00%
Gross Margin	33.71%	33.88%	28.95%	25.36%	28.05%	28.78%
Operating Margin	14.10%	12.98%	6.95%	4.49%	7.61%	4.07%
Profit Margin	9.94%	9.11%	5.34%	3.80%	5.37%	3.59%
Free Cash Flow Margin	-	12.16%	-9.88%	1.51%	4.69%	-10.83%
EBITDA	707.5	614	305	221	350	149
EBITDA Margin	14.65%	13.58%	7.69%	5.06%	8.20%	4.73%
D&A For EBITDA	26.5	27	29	25	25	21
EBIT	681	587	276	196	325	128
EBIT Margin	14.10%	12.98%	6.95%	4.49%	7.61%	4.07%
Effective Tax Rate	31.53%	31.90%	32.05%	29.96%	33.43%	37.22%
Advertising Expenses	-	-	-	19	19	21

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