BroadBand Tower 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	15,289	13,423	13,243	14,126	15,529
Revenue Growth (YoY)	13.90%	1.36%	-6.25%	-9.04%	-3.41%
Cost of Revenue	12,014	10,098	10,522	11,121	11,923
Gross Profit	3,275	3,325	2,721	3,005	3,606
Selling, General & Admin	2,464	2,514	2,632	3,109	3,288
Amortization of Goodwill & Intangibles	-	43	43	46	47
Operating Expenses	2,464	2,657	2,806	3,367	3,552
Operating Income	811	668	-85	-362	54
Interest Expense	-40	-33	-37	-42	-48
Interest & Investment Income	88	178	37	32	327
Earnings From Equity Investments	6	17	-4	-21	-
Currency Exchange Gain (Loss)	24	-	-	-	-
Other Non Operating Income (Expenses)	14	7	-67	52	23
EBT Excluding Unusual Items	903	837	-156	-341	356
Gain (Loss) on Sale of Investments	-82	-169	-54	1,225	-632
Gain (Loss) on Sale of Assets	-	-	-	26	5
Asset Writedown	-271	-196	-4	-1,294	-115
Other Unusual Items	-	-1	-1	293	-1
Pretax Income	550	471	-215	-91	-387
Income Tax Expense	274	187	-36	202	125
Earnings From Continuing Operations	276	284	-179	-293	-512
Minority Interest in Earnings	24	120	278	-98	509
Net Income	300	404	99	-391	-3
Net Income to Common	300	404	99	-391	-3
Net Income Growth	-25.74%	308.08%	-	-	-
Shares Outstanding (Basic)	61	61	61	61	60
Shares Outstanding (Diluted)	61	62	61	61	60
Shares Change (YoY)	-1.30%	1.67%	0.33%	1.87%	0.18%
EPS (Basic)	4.88	6.59	1.62	-6.41	-0.05
EPS (Diluted)	4.88	6.50	1.62	-6.41	-0.05
EPS Growth	-24.86%	301.87%	-	-	-
Free Cash Flow	509	2,213	-67	545	498
Free Cash Flow Per Share	8.29	35.56	-1.09	8.93	8.31
Dividend Per Share	-	2.000	2.000	2.000	-
Gross Margin	21.42%	24.77%	20.55%	21.27%	23.22%
Operating Margin	5.30%	4.98%	-0.64%	-2.56%	0.35%
Profit Margin	1.96%	3.01%	0.75%	-2.77%	-0.02%
Free Cash Flow Margin	3.33%	16.49%	-0.51%	3.86%	3.21%
EBITDA	1,749	1,831	1,172	1,190	1,515
EBITDA Margin	11.44%	13.64%	8.85%	8.42%	9.76%
D&A For EBITDA	938	1,163	1,257	1,552	1,461
EBIT	811	668	-85	-362	54
EBIT Margin	5.30%	4.98%	-0.64%	-2.56%	0.35%
Effective Tax Rate	49.82%	39.70%	-	-	-

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