Yappli Income Statement

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	6,056	5,511	4,864	4,142	3,263
Revenue Growth (YoY)	9.89%	13.30%	17.43%	26.94%	36.53%
Cost of Revenue	2,030	1,867	1,508	1,391	1,062
Gross Profit	4,026	3,644	3,356	2,751	2,201
Selling, General & Admin	3,143	2,820	2,730	3,511	3,076
Research & Development	-	250	319	-	-
Amortization of Goodwill & Intangibles	-	4	28	28	28
Operating Expenses	3,143	3,093	3,091	3,570	3,130
Operating Income	883	551	265	-819	-929
Interest Expense	-12	-6	-5	-4	-2
Interest & Investment Income	2	-	-	-	-
Earnings From Equity Investments	2	-	-	-	-
Other Non Operating Income (Expenses)	2	3	-6	-3	-
EBT Excluding Unusual Items	877	548	254	-826	-931
Other Unusual Items	-	-	-530	-107	-
Pretax Income	877	548	-276	-933	-931
Income Tax Expense	-43	-200	-202	8	8
Net Income	920	748	-74	-941	-939
Net Income to Common	920	748	-74	-941	-939
Net Income Growth	22.99%	-	-	-	-
Shares Outstanding (Basic)	13	13	13	13	12
Shares Outstanding (Diluted)	13	13	13	13	12
Shares Change (YoY)	-1.14%	2.21%	1.11%	2.54%	35.17%
EPS (Basic)	71.86	57.71	-5.82	-74.86	-76.60
EPS (Diluted)	71.64	57.58	-5.82	-74.86	-76.60
EPS Growth	24.42%	-	-	-	-
Free Cash Flow	776	352	-161	-946	-928
Free Cash Flow Per Share	60.43	27.10	-12.67	-75.25	-75.70
Gross Margin	66.48%	66.12%	69.00%	66.42%	67.45%
Operating Margin	14.58%	10.00%	5.45%	-19.77%	-28.47%
Profit Margin	15.19%	13.57%	-1.52%	-22.72%	-28.78%
Free Cash Flow Margin	12.81%	6.39%	-3.31%	-22.84%	-28.44%
EBITDA	898	575	316	-757	-868
EBITDA Margin	14.83%	10.43%	6.50%	-18.28%	-26.60%
D&A For EBITDA	15	24	51	62	61
EBIT	883	551	265	-819	-929
EBIT Margin	14.58%	10.00%	5.45%	-19.77%	-28.47%
Advertising Expenses	-	894	956	1,382	1,118

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.