Voltage Incorporation Income Statement

Financials in millions JPY. Fiscal year is July - June.

Millions JPY. Fiscal year is Jul - Jun.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Jun '25 Jun 30, 2025	Jun '24 Jun 30, 2024	Jun '23 Jun 30, 2023	Jun '22 Jun 30, 2022	Jun '21 Jun 30, 2021
Revenue	2,594	2,818	3,456	4,257	5,392	6,902
Revenue Growth (YoY)	-15.83%	-18.46%	-18.82%	-21.05%	-21.88%	4.78%
Cost of Revenue	1,288	1,343	1,626	1,820	2,246	2,373
Gross Profit	1,306	1,475	1,830	2,437	3,146	4,529
Selling, General & Admin	1,345	1,460	1,925	2,522	3,509	4,370
Operating Expenses	1,345	1,460	1,925	2,522	3,509	4,370
Operating Income	-39	15	-95	-85	-363	159
Interest Expense	-1	-1	-1	-1	-1	-
Interest & Investment Income	5	4	5	4	3	3
Currency Exchange Gain (Loss)	3	-11	17	10	54	1
Other Non Operating Income (Expenses)	7	5	-11	8	8	13
EBT Excluding Unusual Items	-25	12	-85	-64	-299	176
Gain (Loss) on Sale of Investments	15	5	100	27	-86	1
Gain (Loss) on Sale of Assets	-	-	-	-	2	-
Asset Writedown	-	-	-3	-1	-15	-
Other Unusual Items	-	-	-	2	-1	-
Pretax Income	-10	17	12	-36	-399	177
Income Tax Expense	3	4	7	3	13	14
Net Income	-13	13	5	-39	-412	163
Net Income to Common	-13	13	5	-39	-412	163
Net Income Growth	-	160.00%	-	-	-	-
Shares Outstanding (Basic)	6	6	6	6	6	6
Shares Outstanding (Diluted)	6	6	6	6	6	6
Shares Change (YoY)	0.23%	0.22%	0.31%	-	0.24%	14.06%
EPS (Basic)	-2.01	2.02	0.78	-6.07	-64.15	25.45
EPS (Diluted)	-2.01	2.02	0.78	-6.07	-64.15	25.45
EPS Growth	-	159.91%	-	-	-	-
Free Cash Flow	23	20	-46	104	-142	199
Free Cash Flow Per Share	3.56	3.10	-7.14	16.19	-22.11	31.06
Dividend Per Share	-	-	-	-	-	8.000
Gross Margin	50.35%	52.34%	52.95%	57.25%	58.35%	65.62%
Operating Margin	-1.50%	0.53%	-2.75%	-2.00%	-6.73%	2.30%
Profit Margin	-0.50%	0.46%	0.14%	-0.92%	-7.64%	2.36%
Free Cash Flow Margin	0.89%	0.71%	-1.33%	2.44%	-2.63%	2.88%
EBITDA	4	64	-58	-48	-329	180
EBITDA Margin	0.15%	2.27%	-1.68%	-1.13%	-6.10%	2.61%
D&A For EBITDA	43	49	37	37	34	21
EBIT	-39	15	-95	-85	-363	159
EBIT Margin	-1.50%	0.53%	-2.75%	-2.00%	-6.73%	2.30%
Effective Tax Rate	-	23.53%	58.33%	-	-	7.91%
Advertising Expenses	-	286	520	806	1,144	1,548

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