Path Corporation 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	2,370	2,253	2,320	1,991	2,114
Revenue Growth (YoY)	5.19%	-2.89%	16.52%	-5.82%	-4.26%
Cost of Revenue	1,213	1,080	1,219	1,020	1,016
Gross Profit	1,157	1,173	1,101	971	1,098
Selling, General & Admin	1,931	1,382	1,273	1,192	1,777
Operating Expenses	2,068	1,382	1,273	1,192	1,764
Operating Income	-911	-209	-172	-221	-666
Interest Expense	-6	-2	-	-1	-3
Other Non Operating Income (Expenses)	-5	-18	3	-3	-68
EBT Excluding Unusual Items	-922	-229	-169	-225	-737
Gain (Loss) on Sale of Investments	398	-	-	-	-
Gain (Loss) on Sale of Assets	18	-	-	-	-
Asset Writedown	-776	-11	-7	-28	-5
Other Unusual Items	5	-29	15	-	-
Pretax Income	-1,277	-269	-161	-253	-742
Income Tax Expense	-1	7	14	3	3
Earnings From Continuing Operations	-1,276	-276	-175	-256	-745
Net Income	-1,276	-276	-175	-256	-745
Net Income to Common	-1,276	-276	-175	-256	-745
Shares Outstanding (Basic)	77	63	53	47	36
Shares Outstanding (Diluted)	77	63	53	47	36
Shares Change (YoY)	21.76%	19.39%	13.43%	31.63%	21.44%
EPS (Basic)	-16.52	-4.35	-3.29	-5.46	-20.93
EPS (Diluted)	-16.52	-4.35	-3.29	-5.46	-20.93
Free Cash Flow	-490	-1,057	-158	-467	-855
Free Cash Flow Per Share	-6.34	-16.66	-2.97	-9.97	-24.02
Gross Margin	48.82%	52.06%	47.46%	48.77%	51.94%
Operating Margin	-38.44%	-9.28%	-7.41%	-11.10%	-31.50%
Profit Margin	-53.84%	-12.25%	-7.54%	-12.86%	-35.24%
Free Cash Flow Margin	-20.67%	-46.91%	-6.81%	-23.46%	-40.45%
EBITDA	-789	-165	-138	-196	-637
EBITDA Margin	-33.29%	-7.32%	-5.95%	-9.84%	-30.13%
D&A For EBITDA	122	44	34	25	29
EBIT	-911	-209	-172	-221	-666
EBIT Margin	-38.44%	-9.28%	-7.41%	-11.10%	-31.50%
Advertising Expenses	-	274	253	202	629

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