Betrend Corporation (TYO:4020)

Betrend Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	1,173	1,155	1,091	1,088	1,052	857
Revenue Growth (YoY)	3.17%	5.87%	0.28%	3.42%	22.75%	14.88%
Cost of Revenue	600	543	527	523	517	363
Gross Profit	573	612	564	565	535	494
Selling, General & Admin	605	529	462	415	443	382
Operating Expenses	608	532	465	418	446	383
Operating Income	-35	80	99	147	89	111
Other Non Operating Income (Expenses)	2	-2	-2	-1	-1	-6
EBT Excluding Unusual Items	-33	78	97	146	88	105
Asset Writedown	-	-18	-	-	-	-
Other Unusual Items	-	24	-	-	-	-
Pretax Income	-33	84	97	146	88	105
Income Tax Expense	-	24	31	46	28	29
Net Income to Company	-	60	66	100	60	76
Net Income	-33	60	66	100	60	76
Net Income to Common	-33	60	66	100	60	76
Net Income Growth	-	-9.09%	-34.00%	66.67%	-21.05%	105.40%
Shares Outstanding (Basic)	2	2	2	2	1	1
Shares Outstanding (Diluted)	2	2	2	2	1	1
Shares Change (YoY)	-1.28%	-1.51%	-1.07%	100.22%	9.31%	7.63%
EPS (Basic)	-15.31	27.86	30.10	46.05	56.52	80.15
EPS (Diluted)	-15.31	27.71	30.02	45.00	54.06	74.85
EPS Growth	-	-7.70%	-33.29%	-16.76%	-27.77%	90.85%
Free Cash Flow	-	135	43	205	81	166
Free Cash Flow Per Share	-	62.35	19.56	92.25	72.98	163.49
Gross Margin	48.85%	52.99%	51.70%	51.93%	50.86%	57.64%
Operating Margin	-2.98%	6.93%	9.07%	13.51%	8.46%	12.95%
Profit Margin	-2.81%	5.20%	6.05%	9.19%	5.70%	8.87%
Free Cash Flow Margin	-	11.69%	3.94%	18.84%	7.70%	19.37%
EBITDA	3.75	124	150	202	151	169
EBITDA Margin	0.32%	10.74%	13.75%	18.57%	14.35%	19.72%
D&A For EBITDA	38.75	44	51	55	62	58
EBIT	-35	80	99	147	89	111
EBIT Margin	-2.98%	6.93%	9.07%	13.51%	8.46%	12.95%
Effective Tax Rate	-	28.57%	31.96%	31.51%	31.82%	27.62%

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