SuRaLa Net Income Statement

Financials in millions JPY. Fiscal year is January - December.

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Revenue	1,934	1,947	2,145	2,147
Revenue Growth (YoY)	-4.02%	-9.23%	-0.09%	-
Cost of Revenue	725	688	633	575
Gross Profit	1,209	1,259	1,512	1,572
Selling, General & Admin	1,110	1,019	1,085	1,066
Amortization of Goodwill & Intangibles	-	13	27	20
Operating Expenses	1,125	1,048	1,125	1,096
Operating Income	84	211	387	476
Currency Exchange Gain (Loss)	-	-	1	-1
Other Non Operating Income (Expenses)	14	9	4	25
EBT Excluding Unusual Items	99	220	392	500
Asset Writedown	-115	-86	-1	-5
Pretax Income	-17	134	391	495
Income Tax Expense	4	73	94	141
Earnings From Continuing Operations	-21	61	297	354
Minority Interest in Earnings	16	11	7	1
Net Income	-5	72	304	355
Net Income to Common	-5	72	304	355
Net Income Growth	-	-76.32%	-14.37%	-
Shares Outstanding (Basic)	6	6	7	7
Shares Outstanding (Diluted)	6	6	7	7
Shares Change (YoY)	-2.22%	-1.26%	-1.80%	-
EPS (Basic)	-0.78	11.09	46.25	53.04
EPS (Diluted)	-0.78	11.09	46.25	53.04
EPS Growth	-	-76.01%	-12.80%	-
Free Cash Flow	-	371	475	510
Free Cash Flow Per Share	-	57.17	72.27	76.20
Gross Margin	62.51%	64.66%	70.49%	73.22%
Operating Margin	4.34%	10.84%	18.04%	22.17%
Profit Margin	-0.26%	3.70%	14.17%	16.54%
Free Cash Flow Margin	-	19.05%	22.14%	23.75%
EBITDA	376.75	482	629	660
EBITDA Margin	19.48%	24.76%	29.32%	30.74%
D&A For EBITDA	292.75	271	242	184
EBIT	84	211	387	476
EBIT Margin	4.34%	10.84%	18.04%	22.17%
Effective Tax Rate	-	54.48%	24.04%	28.48%
Advertising Expenses	-	124	149	195

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.