CrowdWorks Income Statement

Financials in millions JPY. Fiscal year is October - September.

Millions JPY. Fiscal year is Oct - Sep.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021
Revenue	22,657	17,113	13,210	10,574	7,769
Revenue Growth (YoY)	32.40%	29.55%	24.93%	36.10%	-10.98%
Cost of Revenue	13,091	9,266	7,069	5,761	4,285
Gross Profit	9,566	7,847	6,141	4,813	3,484
Selling, General & Admin	7,804	6,504	4,984	3,884	2,909
Operating Expenses	7,807	6,506	4,988	3,880	2,909
Operating Income	1,759	1,341	1,153	933	575.19
Interest Expense	-53	-10	-4	-	-0.77
Earnings From Equity Investments	-22	-16	-7	-72	-
Currency Exchange Gain (Loss)	7	-8	8	27	-
Other Non Operating Income (Expenses)	82	107	90	57	21.01
EBT Excluding Unusual Items	1,773	1,414	1,240	945	595.44
Gain (Loss) on Sale of Investments	-60	-	-31	-	-3.96
Gain (Loss) on Sale of Assets	-15	-29	-2	-	-
Asset Writedown	-1,075	-	-	-	-
Other Unusual Items	1	11	-	-16	47.3
Pretax Income	624	1,396	1,207	929	638.77
Income Tax Expense	838	446	126	127	16.35
Earnings From Continuing Operations	-214	950	1,081	802	622.42
Minority Interest in Earnings	-43	-40	15	-	-
Net Income	-257	910	1,096	802	622.42
Net Income to Common	-257	910	1,096	802	622.42
Net Income Growth	-	-16.97%	36.66%	28.85%	-
Shares Outstanding (Basic)	16	16	15	15	15
Shares Outstanding (Diluted)	16	16	16	16	16
Shares Change (YoY)	0.34%	0.52%	1.00%	-0.20%	2.05%
EPS (Basic)	-16.28	58.25	71.19	52.54	40.84
EPS (Diluted)	-16.28	57.87	70.04	51.74	40.08
EPS Growth	-	-17.38%	35.37%	29.09%	-
Free Cash Flow	1,738	1,680	1,349	1,152	854.52
Free Cash Flow Per Share	110.07	106.75	86.16	74.32	55.02
Dividend Per Share	-	18.000	-	-	-
Gross Margin	42.22%	45.85%	46.49%	45.52%	44.85%
Operating Margin	7.76%	7.84%	8.73%	8.82%	7.40%
Profit Margin	-1.13%	5.32%	8.30%	7.58%	8.01%
Free Cash Flow Margin	7.67%	9.82%	10.21%	10.90%	11.00%
EBITDA	2,371	1,599	1,266	975	608.96
EBITDA Margin	10.46%	9.34%	9.58%	9.22%	7.84%
D&A For EBITDA	612	258	113	42	33.76
EBIT	1,759	1,341	1,153	933	575.19
EBIT Margin	7.76%	7.84%	8.73%	8.82%	7.40%
Effective Tax Rate	134.30%	31.95%	10.44%	13.67%	2.56%
Advertising Expenses	842	1,000	908	1,112	-

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