Mullion Income Statement

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

Millions JPY. Fiscal year is Oct - Sep.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	Jun '25 Jun 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021	Sep '20 Sep 30, 2020	2015 - 2019
Revenue	2,695	2,876	2,808	2,159	1,841	3,769	Upgrade
Revenue Growth (YoY)	46.63%	2.42%	30.06%	17.27%	-51.15%	37.81%	Upgrade
Cost of Revenue	1,571	1,691	1,902	1,340	1,000	2,633	Upgrade
Gross Profit	1,124	1,185	906	819	841	1,136	Upgrade
Selling, General & Admin	428	419	495	563	516	490	Upgrade
Other Operating Expenses	51	51	-	-	-	-	Upgrade
Operating Expenses	498	489	523	593	547	524	Upgrade
Operating Income	626	696	383	226	294	612	Upgrade
Interest Expense	-126	-113	-94	-84	-83	-83	Upgrade
Interest & Investment Income	5	3	4	2	3	3	Upgrade
Other Non Operating Income (Expenses)	-67	-64	-134	-55	-85	-147	Upgrade
EBT Excluding Unusual Items	438	522	159	89	129	385	Upgrade
Gain (Loss) on Sale of Investments	-	-1	-	-	-	-	Upgrade
Asset Writedown	-	-	-4	-	-	-	Upgrade
Other Unusual Items	-	-	1	1	-	-1	Upgrade
Pretax Income	438	521	156	90	129	384	Upgrade
Income Tax Expense	155	179	14	30	42	126	Upgrade
Net Income to Company	-	342	142	60	87	258	Upgrade
Net Income	283	342	142	60	87	258	Upgrade
Net Income to Common	283	342	142	60	87	258	Upgrade
Net Income Growth	137.81%	140.84%	136.67%	-31.03%	-66.28%	16.74%	Upgrade
Shares Outstanding (Basic)	8	8	2	2	2	2	Upgrade
Shares Outstanding (Diluted)	8	8	2	2	2	2	Upgrade
Shares Change (YoY)	24.52%	403.93%	-	-	-0.00%	-0.00%	Upgrade
EPS (Basic)	36.12	43.69	90.70	38.33	55.57	164.80	Upgrade
EPS (Diluted)	36.04	43.35	90.70	38.33	55.57	164.80	Upgrade
EPS Growth	90.98%	-52.21%	136.67%	-31.03%	-66.28%	16.74%	Upgrade
Free Cash Flow	-	472	-2,602	940	-705	1,736	Upgrade
Free Cash Flow Per Share	-	59.83	-1662.05	600.43	-450.32	1108.87	Upgrade
Gross Margin	41.71%	41.20%	32.27%	37.93%	45.68%	30.14%	Upgrade
Operating Margin	23.23%	24.20%	13.64%	10.47%	15.97%	16.24%	Upgrade
Profit Margin	10.50%	11.89%	5.06%	2.78%	4.73%	6.84%	Upgrade
Free Cash Flow Margin	-	16.41%	-92.66%	43.54%	-38.29%	46.06%	Upgrade
EBITDA	865.25	933	617	432	509	819	Upgrade
EBITDA Margin	32.11%	32.44%	21.97%	20.01%	27.65%	21.73%	Upgrade
D&A For EBITDA	239.25	237	234	206	215	207	Upgrade
EBIT	626	696	383	226	294	612	Upgrade
EBIT Margin	23.23%	24.20%	13.64%	10.47%	15.97%	16.24%	Upgrade
Effective Tax Rate	35.39%	34.36%	8.97%	33.33%	32.56%	32.81%	Upgrade

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