Dream Vision Income Statement

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

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Revenue	3,651	4,499	4,656	5,184	4,949	6,019
Revenue Growth (YoY)	-20.28%	-3.37%	-10.18%	4.75%	-17.78%	-23.53%
Cost of Revenue	1,929	2,480	2,484	2,696	2,452	3,306
Gross Profit	1,722	2,019	2,172	2,488	2,497	2,713
Selling, General & Admin	1,850	2,196	2,396	2,466	2,479	2,945
Other Operating Expenses	-21	-12	2	-7	17	46
Operating Expenses	1,917	2,272	2,398	2,459	2,496	2,991
Operating Income	-195	-253	-226	29	1	-278
Interest Expense	-71	-62	-47	-43	-44	-40
Interest & Investment Income	22	16	2	6	-	3
Currency Exchange Gain (Loss)	2	2	-29	-24	-23	-
Other Non Operating Income (Expenses)	-34	-35	-29	-4	32	92
EBT Excluding Unusual Items	-276	-332	-329	-36	-34	-223
Merger & Restructuring Charges	-	-	-	-	-6	-45
Gain (Loss) on Sale of Assets	-	-	14	-12	-2	-36
Asset Writedown	-28	-28	-39	-81	-8	-205
Pretax Income	-304	-360	-354	-129	-50	-509
Income Tax Expense	-1	9	-2	3	-1	-2
Net Income	-303	-369	-352	-132	-49	-507
Net Income to Common	-303	-369	-352	-132	-49	-507
Shares Outstanding (Basic)	18	16	15	14	14	12
Shares Outstanding (Diluted)	18	16	15	14	14	12
Shares Change (YoY)	17.48%	11.86%	4.44%	3.25%	11.27%	4.23%
EPS (Basic)	-16.55	-22.45	-23.96	-9.38	-3.60	-41.40
EPS (Diluted)	-16.60	-22.50	-23.98	-9.39	-3.61	-41.46
Free Cash Flow	8	-381	76	-91	36	73
Free Cash Flow Per Share	0.44	-23.18	5.17	-6.47	2.64	5.96
Gross Margin	47.16%	44.88%	46.65%	47.99%	50.46%	45.07%
Operating Margin	-5.34%	-5.62%	-4.85%	0.56%	0.02%	-4.62%
Profit Margin	-8.30%	-8.20%	-7.56%	-2.55%	-0.99%	-8.42%
Free Cash Flow Margin	0.22%	-8.47%	1.63%	-1.75%	0.73%	1.21%
EBITDA	-130	-165	-106	166	85	-161
EBITDA Margin	-3.56%	-3.67%	-2.28%	3.20%	1.72%	-2.67%
D&A For EBITDA	65	88	120	137	84	117
EBIT	-195	-253	-226	29	1	-278
EBIT Margin	-5.34%	-5.62%	-4.85%	0.56%	0.02%	-4.62%
Advertising Expenses	-	288	344	371	364	367

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.