Accolade Income Statement

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

Millions JPY. Fiscal year is Nov - Oct.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2016 - 2020
Period Ending	Apr '25 Apr 30, 2025	Oct '24 Oct 31, 2024	Oct '23 Oct 31, 2023	Oct '22 Oct 31, 2022	Oct '21 Oct 31, 2021	Oct '20 Oct 31, 2020	2016 - 2020
Revenue	2,519	2,594	2,742	2,587	2,483	2,462	Upgrade
Revenue Growth (YoY)	-8.67%	-5.40%	5.99%	4.19%	0.85%	-11.02%	Upgrade
Cost of Revenue	1,565	1,598	1,656	1,504	1,466	1,456	Upgrade
Gross Profit	954	996	1,086	1,083	1,017	1,006	Upgrade
Selling, General & Admin	838	849	858	859	836	876	Upgrade
Operating Expenses	838	849	858	859	836	876	Upgrade
Operating Income	116	147	228	224	181	130	Upgrade
Interest Expense	-1	-1	-2	-3	-3	-3	Upgrade
Other Non Operating Income (Expenses)	4	10	4	1	2	2	Upgrade
EBT Excluding Unusual Items	119	156	230	222	180	129	Upgrade
Gain (Loss) on Sale of Investments	-	-	-	-	-	1	Upgrade
Gain (Loss) on Sale of Assets	-2	-2	-	-1	7	-	Upgrade
Asset Writedown	-8	-	-8	-56	-	-	Upgrade
Other Unusual Items	4	4	19	-7	-12	-9	Upgrade
Pretax Income	113	158	241	158	175	121	Upgrade
Income Tax Expense	40	58	84	58	55	50	Upgrade
Net Income	73	100	157	100	120	71	Upgrade
Net Income to Common	73	100	157	100	120	71	Upgrade
Net Income Growth	-50.34%	-36.31%	57.00%	-16.67%	69.01%	-55.63%	Upgrade
Shares Outstanding (Basic)	3	3	3	4	4	4	Upgrade
Shares Outstanding (Diluted)	3	3	3	4	4	4	Upgrade
Shares Change (YoY)	2.60%	-6.61%	-27.79%	-5.59%	1.23%	-0.00%	Upgrade
EPS (Basic)	25.78	35.79	52.48	24.14	27.35	16.38	Upgrade
EPS (Diluted)	25.78	35.79	52.48	24.14	27.35	16.38	Upgrade
EPS Growth	-51.60%	-31.80%	117.41%	-11.73%	66.95%	-55.62%	Upgrade
Free Cash Flow	295	181	330	242	333	59	Upgrade
Free Cash Flow Per Share	104.17	64.78	110.30	58.41	75.89	13.61	Upgrade
Dividend Per Share	14.000	13.000	9.500	8.500	7.000	6.667	Upgrade
Dividend Growth	27.27%	36.84%	11.77%	21.43%	5.00%	-23.08%	Upgrade
Gross Margin	37.87%	38.40%	39.61%	41.86%	40.96%	40.86%	Upgrade
Operating Margin	4.61%	5.67%	8.31%	8.66%	7.29%	5.28%	Upgrade
Profit Margin	2.90%	3.85%	5.73%	3.86%	4.83%	2.88%	Upgrade
Free Cash Flow Margin	11.71%	6.98%	12.04%	9.35%	13.41%	2.40%	Upgrade
EBITDA	282	325	394	366	293	244	Upgrade
EBITDA Margin	11.20%	12.53%	14.37%	14.15%	11.80%	9.91%	Upgrade
D&A For EBITDA	166	178	166	142	112	114	Upgrade
EBIT	116	147	228	224	181	130	Upgrade
EBIT Margin	4.61%	5.67%	8.31%	8.66%	7.29%	5.28%	Upgrade
Effective Tax Rate	35.40%	36.71%	34.86%	36.71%	31.43%	41.32%	Upgrade

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