Axelspace Holdings Income Statement

Financials in millions JPY. Fiscal year is June - May.

Millions JPY. Fiscal year is Jun - May.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Nov '25 Nov 30, 2025	May '25 May 31, 2025	May '24 May 31, 2024	May '23 May 31, 2023
Revenue	1,229	1,586	2,110	1,313
Revenue Growth (YoY)	-6.40%	-24.83%	60.70%	-
Cost of Revenue	1,149	1,479	2,380	1,299
Gross Profit	80	107	-270	14
Selling, General & Admin	2,309	1,264	2,268	1,749
Research & Development	1,338	1,338	-	-
Operating Expenses	3,647	2,602	2,268	1,749
Operating Income	-3,567	-2,495	-2,538	-1,735
Interest Expense	-258	-100	-16	-8
Interest & Investment Income	4	1	-	-
Currency Exchange Gain (Loss)	4	-12	8	35
Other Non Operating Income (Expenses)	441	781	35	378
EBT Excluding Unusual Items	-3,376	-1,825	-2,511	-1,330
Gain (Loss) on Sale of Assets	23	-	-649	-
Asset Writedown	-375	-122	-	-
Pretax Income	-3,776	-1,947	-3,160	-1,330
Income Tax Expense	4	3	14	12
Net Income	-3,780	-1,950	-3,174	-1,342
Net Income to Common	-3,780	-1,950	-3,174	-1,342
Shares Outstanding (Basic)	50	43	37	31
Shares Outstanding (Diluted)	50	43	37	31
Shares Change (YoY)	63.22%	17.17%	20.69%	-
EPS (Basic)	-75.48	-44.94	-85.71	-43.74
EPS (Diluted)	-75.48	-44.94	-85.71	-43.74
Free Cash Flow	-	-4,417	-	-
Free Cash Flow Per Share	-	-101.80	-	-
Gross Margin	6.51%	6.75%	-12.80%	1.07%
Operating Margin	-290.24%	-157.31%	-120.28%	-132.14%
Profit Margin	-307.57%	-122.95%	-150.43%	-102.21%
Free Cash Flow Margin	-	-278.50%	-	-
EBIT	-3,567	-2,495	-2,538	-1,735
EBIT Margin	-290.24%	-157.31%	-120.28%	-132.14%

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