Softmax Income Statement

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	6,928	5,428	5,260	5,050	4,489
Revenue Growth (YoY)	27.63%	3.19%	4.16%	12.50%	11.58%
Cost of Revenue	5,066	3,757	3,695	3,608	3,037
Gross Profit	1,862	1,671	1,565	1,442	1,452
Selling, General & Admin	1,122	995	973	882	851
Operating Expenses	1,122	1,009	984	894	862
Operating Income	740	662	581	548	590
Interest Expense	-11	-4	-4	-4	-6
Interest & Investment Income	4	-	-	-	-
Other Non Operating Income (Expenses)	61	42	48	47	45
EBT Excluding Unusual Items	794	700	625	591	629
Gain (Loss) on Sale of Investments	-	-	-	3	-
Gain (Loss) on Sale of Assets	-	-	-	-	-8
Pretax Income	794	700	625	594	621
Income Tax Expense	221	220	173	175	199
Net Income	573	480	452	419	422
Net Income to Common	573	480	452	419	422
Net Income Growth	19.38%	6.19%	7.88%	-0.71%	26.35%
Shares Outstanding (Basic)	24	6	6	6	6
Shares Outstanding (Diluted)	24	6	6	6	6
Shares Change (YoY)	300.54%	0.07%	0.25%	0.24%	0.10%
EPS (Basic)	23.85	80.01	75.40	70.07	70.75
EPS (Diluted)	23.85	80.01	75.40	70.07	70.75
EPS Growth	-70.20%	6.12%	7.61%	-0.95%	26.23%
Free Cash Flow	384	624	215	164	266
Free Cash Flow Per Share	15.98	104.02	35.87	27.43	44.59
Gross Margin	26.88%	30.79%	29.75%	28.55%	32.35%
Operating Margin	10.68%	12.20%	11.05%	10.85%	13.14%
Profit Margin	8.27%	8.84%	8.59%	8.30%	9.40%
Free Cash Flow Margin	5.54%	11.50%	4.09%	3.25%	5.93%
EBITDA	783	701	609	572	613
EBITDA Margin	11.30%	12.91%	11.58%	11.33%	13.66%
D&A For EBITDA	43	39	28	24	23
EBIT	740	662	581	548	590
EBIT Margin	10.68%	12.20%	11.05%	10.85%	13.14%
Effective Tax Rate	27.83%	31.43%	27.68%	29.46%	32.05%

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