Mullion Co., Ltd. (TYO:3494)

Mullion Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021
Revenue	3,254	2,876	2,808	2,159	1,841
Revenue Growth (YoY)	13.14%	2.42%	30.06%	17.27%	-51.15%
Cost of Revenue	1,875	1,691	1,902	1,340	1,000
Gross Profit	1,379	1,185	906	819	841
Selling, General & Admin	504	419	495	563	516
Other Operating Expenses	-	51	-	-	-
Operating Expenses	504	489	523	593	547
Operating Income	875	696	383	226	294
Interest Expense	-135	-113	-94	-84	-83
Interest & Investment Income	5	3	4	2	3
Other Non Operating Income (Expenses)	-81	-64	-134	-55	-85
EBT Excluding Unusual Items	664	522	159	89	129
Gain (Loss) on Sale of Investments	-	-1	-	-	-
Asset Writedown	-	-	-4	-	-
Other Unusual Items	-	-	1	1	-
Pretax Income	664	521	156	90	129
Income Tax Expense	205	179	14	30	42
Net Income to Company	459	342	142	60	87
Net Income	459	342	142	60	87
Net Income to Common	459	342	142	60	87
Net Income Growth	34.21%	140.84%	136.67%	-31.03%	-66.28%
Shares Outstanding (Basic)	8	8	2	2	2
Shares Outstanding (Diluted)	8	8	2	2	2
Shares Change (YoY)	0.07%	403.93%	-	-	-0.00%
EPS (Basic)	58.57	43.69	90.70	38.33	55.57
EPS (Diluted)	58.14	43.35	90.70	38.33	55.57
EPS Growth	34.12%	-52.21%	136.67%	-31.03%	-66.28%
Free Cash Flow	927	472	-2,602	940	-705
Free Cash Flow Per Share	117.42	59.83	-1662.05	600.43	-450.32
Gross Margin	42.38%	41.20%	32.27%	37.93%	45.68%
Operating Margin	26.89%	24.20%	13.64%	10.47%	15.97%
Profit Margin	14.11%	11.89%	5.06%	2.78%	4.73%
Free Cash Flow Margin	28.49%	16.41%	-92.66%	43.54%	-38.29%
EBITDA	1,086	933	617	432	509
EBITDA Margin	33.37%	32.44%	21.97%	20.01%	27.65%
D&A For EBITDA	211	237	234	206	215
EBIT	875	696	383	226	294
EBIT Margin	26.89%	24.20%	13.64%	10.47%	15.97%
Effective Tax Rate	30.87%	34.36%	8.97%	33.33%	32.56%

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