Plus Alpha Consulting Income Statement

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

Millions JPY. Fiscal year is Oct - Sep.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2021	FY 2020
Period Ending	Mar '25 Mar 31, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '21 Sep 30, 2021	Sep '20 Sep 30, 2020
Revenue	15,627	13,914	11,171	6,118	4,727
Revenue Growth (YoY)	25.63%	24.55%	82.59%	29.44%	-
Cost of Revenue	4,305	3,765	2,959	1,768	1,341
Gross Profit	11,322	10,149	8,212	4,350	3,385
Selling, General & Admin	6,156	5,608	4,501	2,243	1,955
Operating Expenses	6,156	5,608	4,501	2,243	1,955
Operating Income	5,166	4,541	3,711	2,107	1,431
Interest & Investment Income	6	4	3	3.18	3.36
Other Non Operating Income (Expenses)	-68	-6	-37	-18.8	5.43
EBT Excluding Unusual Items	5,104	4,539	3,677	2,091	1,439
Gain (Loss) on Sale of Investments	-99	-99	-36	-	5.87
Other Unusual Items	-1	-1	-	-	-
Pretax Income	5,004	4,439	3,641	2,091	1,445
Income Tax Expense	1,529	1,345	1,021	662.53	418.85
Earnings From Continuing Operations	3,475	3,094	2,620	1,429	1,026
Minority Interest in Earnings	-2	-1	-	-	-
Net Income	3,473	3,093	2,620	1,429	1,026
Net Income to Common	3,473	3,093	2,620	1,429	1,026
Net Income Growth	18.61%	18.05%	83.37%	39.21%	-
Shares Outstanding (Basic)	42	42	41	40	40
Shares Outstanding (Diluted)	42	43	42	43	40
Shares Change (YoY)	0.36%	2.32%	-1.93%	6.66%	-
EPS (Basic)	82.50	73.15	63.81	35.71	25.66
EPS (Diluted)	81.75	72.27	62.64	33.49	25.66
EPS Growth	18.21%	15.37%	87.04%	30.52%	-
Free Cash Flow	3,530	3,172	3,279	1,499	992.74
Free Cash Flow Per Share	83.07	74.09	78.37	35.14	24.82
Dividend Per Share	16.000	16.000	13.000	7.200	5.130
Dividend Growth	23.08%	23.08%	80.56%	40.35%	-
Gross Margin	72.45%	72.94%	73.51%	71.11%	71.63%
Operating Margin	33.06%	32.64%	33.22%	34.44%	30.27%
Profit Margin	22.22%	22.23%	23.45%	23.35%	21.71%
Free Cash Flow Margin	22.59%	22.80%	29.35%	24.50%	21.00%
EBITDA	5,584	4,847	4,022	2,132	1,448
EBITDA Margin	35.73%	34.84%	36.00%	34.84%	30.64%
D&A For EBITDA	418	306	311	24.65	17.7
EBIT	5,166	4,541	3,711	2,107	1,431
EBIT Margin	33.06%	32.64%	33.22%	34.44%	30.27%
Effective Tax Rate	30.55%	30.30%	28.04%	31.68%	28.98%
Advertising Expenses	-	2,004	1,579	-	-

Updated Feb 14, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.