ZenmuTech Income Statement

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Revenue	835	851	648	440	232
Revenue Growth (YoY)	37.34%	31.33%	47.27%	89.66%	-
Cost of Revenue	83	85	60	30	23
Gross Profit	752	766	588	410	209
Selling, General & Admin	548	514	444	363	332
Research & Development	107	107	67	-	-
Operating Expenses	656	622	512	363	332
Operating Income	96	144	76	47	-123
Interest Expense	-2	-2	-	-	-
Other Non Operating Income (Expenses)	33	17	7	9	9
EBT Excluding Unusual Items	127	159	83	56	-114
Other Unusual Items	-	-	-	-	-1
Pretax Income	127	159	83	56	-115
Income Tax Expense	-4	4	5	-16	-
Net Income	131	155	78	72	-115
Net Income to Common	131	155	78	72	-115
Net Income Growth	424.00%	98.72%	8.33%	-	-
Shares Outstanding (Basic)	1	1	1	1	1
Shares Outstanding (Diluted)	1	1	1	1	1
Shares Change (YoY)	32.93%	27.36%	8.20%	0.63%	-
EPS (Basic)	96.48	120.16	73.28	73.19	-117.64
EPS (Diluted)	92.03	114.34	73.28	73.19	-117.64
EPS Growth	294.20%	56.02%	0.13%	-	-
Free Cash Flow	-	-33	239	-	-
Free Cash Flow Per Share	-	-24.34	224.55	-	-
Gross Margin	90.06%	90.01%	90.74%	93.18%	90.09%
Operating Margin	11.50%	16.92%	11.73%	10.68%	-53.02%
Profit Margin	15.69%	18.21%	12.04%	16.36%	-49.57%
Free Cash Flow Margin	-	-3.88%	36.88%	-	-
EBITDA	113.5	161	91	-	-
EBITDA Margin	13.59%	18.92%	14.04%	-	-
D&A For EBITDA	17.5	17	15	-	-
EBIT	96	144	76	47	-123
EBIT Margin	11.50%	16.92%	11.73%	10.68%	-53.02%
Effective Tax Rate	-	2.52%	6.02%	-	-

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