Axel Mark Income Statement

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

Millions JPY. Fiscal year is Oct - Sep.

Fiscal Year	FY 2025	FY 2020	FY 2019	FY 2018	FY 2017
Period Ending	Sep '25 Sep 30, 2025	Sep '20 Sep 30, 2020	Sep '19 Sep 30, 2019	Sep '18 Sep 30, 2018	Sep '17 Sep 30, 2017
Revenue	973	2,784	2,895	2,466	3,308
Revenue Growth (YoY)	-65.05%	-3.83%	17.40%	-25.45%	3.38%
Cost of Revenue	868	2,853	2,873	2,211	2,323
Gross Profit	105	-69	22	255	985
Selling, General & Admin	623	581	717	656	1,192
Amortization of Goodwill & Intangibles	-	-	-	12	38
Operating Expenses	619	584	720	671	1,239
Operating Income	-514	-653	-698	-416	-254
Interest Expense	-	-2	-5	-6	-6
Interest & Investment Income	3	-	-	-	-
Earnings From Equity Investments	-112	-	-	-	-
Other Non Operating Income (Expenses)	-51	-8	-11	-6	-13
EBT Excluding Unusual Items	-674	-663	-714	-428	-273
Gain (Loss) on Sale of Investments	-	-15	-1	-2	-34
Gain (Loss) on Sale of Assets	9	-	-	-	-
Asset Writedown	-19	-103	-482	-78	-
Other Unusual Items	-82	-42	-1	-1	-
Pretax Income	-766	-823	-1,198	-509	-307
Income Tax Expense	-3	2	2	2	10
Earnings From Continuing Operations	-763	-825	-1,200	-511	-317
Minority Interest in Earnings	-	-	-	-	1
Net Income	-763	-825	-1,200	-511	-316
Net Income to Common	-763	-825	-1,200	-511	-316
Shares Outstanding (Basic)	15	7	5	5	4
Shares Outstanding (Diluted)	15	7	5	5	4
Shares Change (YoY)	134.10%	27.27%	12.96%	4.63%	-
EPS (Basic)	-49.57	-125.48	-232.28	-111.74	-72.30
EPS (Diluted)	-49.57	-125.48	-232.28	-111.74	-72.30
Free Cash Flow	-486	-660	-500	-390	-147
Free Cash Flow Per Share	-31.58	-100.39	-96.78	-85.28	-33.63
Gross Margin	10.79%	-2.48%	0.76%	10.34%	29.78%
Operating Margin	-52.83%	-23.46%	-24.11%	-16.87%	-7.68%
Profit Margin	-78.42%	-29.63%	-41.45%	-20.72%	-9.55%
Free Cash Flow Margin	-49.95%	-23.71%	-17.27%	-15.82%	-4.44%
EBITDA	-507	-622	-558	-354	-205
EBITDA Margin	-52.11%	-22.34%	-19.28%	-14.36%	-6.20%
D&A For EBITDA	7	31	140	62	49
EBIT	-514	-653	-698	-416	-254
EBIT Margin	-52.83%	-23.46%	-24.11%	-16.87%	-7.68%
Advertising Expenses	-	51	86	105	193

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