FLIGHT SOLUTIONS Income Statement

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

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021	Mar '20 Mar 31, 2020
Revenue	3,208	3,009	3,249	3,404	4,517
Revenue Growth (YoY)	6.61%	-7.39%	-4.55%	-24.64%	217.65%
Cost of Revenue	2,666	2,242	2,401	3,042	3,267
Gross Profit	542	767	848	362	1,250
Selling, General & Admin	646	688	690	632	626
Research & Development	-	-	-	-	81
Operating Expenses	646	688	690	632	707
Operating Income	-104	79	158	-270	543
Interest Expense	-3	-3	-19	-5	-56
Currency Exchange Gain (Loss)	11	1	16	-	-
Other Non Operating Income (Expenses)	2	-21	-1	-1	-18
EBT Excluding Unusual Items	-94	56	154	-276	469
Gain (Loss) on Sale of Investments	-	-	-	-	-5
Asset Writedown	-	-	-	-1	-3
Other Unusual Items	-	-	-	-1	-1
Pretax Income	-94	56	154	-278	460
Income Tax Expense	11	15	40	4	96
Earnings From Continuing Operations	-105	41	114	-282	364
Net Income	-105	41	114	-282	364
Net Income to Common	-105	41	114	-282	364
Net Income Growth	-	-64.03%	-	-	-
Shares Outstanding (Basic)	9	9	9	9	9
Shares Outstanding (Diluted)	9	9	9	9	9
Shares Change (YoY)	-	-	-	-0.00%	-
EPS (Basic)	-11.10	4.34	12.06	-29.82	38.50
EPS (Diluted)	-11.10	4.34	12.06	-29.82	38.50
EPS Growth	-	-64.03%	-	-	-
Free Cash Flow	14	93	517	-1,506	1,046
Free Cash Flow Per Share	1.48	9.84	54.68	-159.27	110.62
Gross Margin	16.89%	25.49%	26.10%	10.63%	27.67%
Operating Margin	-3.24%	2.63%	4.86%	-7.93%	12.02%
Profit Margin	-3.27%	1.36%	3.51%	-8.28%	8.06%
Free Cash Flow Margin	0.44%	3.09%	15.91%	-44.24%	23.16%
EBITDA	-32	109	187	-241	581
EBITDA Margin	-1.00%	3.62%	5.76%	-7.08%	12.86%
D&A For EBITDA	72	30	29	29	38
EBIT	-104	79	158	-270	543
EBIT Margin	-3.24%	2.63%	4.86%	-7.93%	12.02%
Effective Tax Rate	-	26.79%	25.97%	-	20.87%

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