FFRI Security Income Statement

Financials in millions JPY. Fiscal year is April - March.

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Revenue	4,348	3,039	2,446	1,952	1,779
Revenue Growth (YoY)	43.07%	24.24%	25.31%	9.72%	11.05%
Cost of Revenue	1,708	1,010	905	785	553
Gross Profit	2,640	2,029	1,541	1,167	1,226
Selling, General & Admin	1,276	1,034	842	840	974
Research & Development	-	165	189	111	138
Amortization of Goodwill & Intangibles	-	13	13	13	10
Operating Expenses	1,276	1,212	1,044	964	1,122
Operating Income	1,364	817	497	203	104
Interest & Investment Income	6	1	-	-	-
Earnings From Equity Investments	74	43	34	38	51
Other Non Operating Income (Expenses)	13	19	9	6	-
EBT Excluding Unusual Items	1,457	880	540	247	155
Pretax Income	1,457	880	540	247	155
Income Tax Expense	358	193	108	60	35
Net Income	1,099	687	432	187	120
Net Income to Common	1,099	687	432	187	120
Net Income Growth	59.97%	59.03%	131.02%	55.83%	-56.20%
Shares Outstanding (Basic)	8	8	8	8	8
Shares Outstanding (Diluted)	8	8	8	8	8
Shares Change (YoY)	-0.00%	-0.00%	-0.31%	-1.91%	-1.23%
EPS (Basic)	138.95	86.86	54.62	23.57	14.83
EPS (Diluted)	138.95	86.86	54.62	23.57	14.83
EPS Growth	59.97%	59.03%	131.74%	58.87%	-55.66%
Free Cash Flow	1,311	617	371	291	-35
Free Cash Flow Per Share	165.75	78.01	46.90	36.67	-4.33
Dividend Per Share	-	14.000	10.000	-	-
Dividend Growth	-	40.00%	-	-	-
Gross Margin	60.72%	66.77%	63.00%	59.78%	68.92%
Operating Margin	31.37%	26.88%	20.32%	10.40%	5.85%
Profit Margin	25.28%	22.61%	17.66%	9.58%	6.74%
Free Cash Flow Margin	30.15%	20.30%	15.17%	14.91%	-1.97%
EBITDA	1,428	860	538	256	156
EBITDA Margin	32.84%	28.30%	22.00%	13.11%	8.77%
D&A For EBITDA	64	43	41	53	52
EBIT	1,364	817	497	203	104
EBIT Margin	31.37%	26.88%	20.32%	10.40%	5.85%
Effective Tax Rate	24.57%	21.93%	20.00%	24.29%	22.58%
Advertising Expenses	-	254	140	159	-