Ultrafabrics Holdings 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	20,553	20,296	21,045	19,595	14,134
Revenue Growth (YoY)	1.27%	-3.56%	7.40%	38.64%	41.34%
Cost of Revenue	11,225	9,483	9,997	9,925	7,945
Gross Profit	9,328	10,813	11,048	9,670	6,189
Selling, General & Admin	7,708	6,675	6,305	5,411	3,779
Research & Development	-	338	261	177	159
Other Operating Expenses	-1	3	3	-4	13
Operating Expenses	7,707	7,985	7,501	6,458	4,698
Operating Income	1,621	2,828	3,547	3,212	1,491
Interest Expense	-450	-586	-593	-415	-320
Interest & Investment Income	127	1	1	21	25
Earnings From Equity Investments	-125	-	-	-	-
Currency Exchange Gain (Loss)	-	183	-9	-20	183
Other Non Operating Income (Expenses)	-	3	1	82	-21
EBT Excluding Unusual Items	1,173	2,429	2,947	2,880	1,358
Gain (Loss) on Sale of Assets	-	-35	-5	-16	-11
Asset Writedown	-	-120	-50	-	-
Pretax Income	1,173	2,274	2,892	2,864	1,347
Income Tax Expense	387	634	517	813	361
Net Income	786	1,640	2,375	2,051	986
Preferred Dividends & Other Adjustments	-	248	361	411	232
Net Income to Common	786	1,392	2,014	1,640	754
Net Income Growth	-52.07%	-30.95%	15.80%	108.01%	2717.14%
Shares Outstanding (Basic)	16	16	16	15	13
Shares Outstanding (Diluted)	22	16	16	16	14
Shares Change (YoY)	33.23%	-0.13%	5.29%	13.06%	5.45%
EPS (Basic)	49.66	88.92	129.57	109.12	56.99
EPS (Diluted)	36.12	80.02	120.15	105.62	54.89
EPS Growth	-54.86%	-33.40%	13.75%	92.42%	2617.33%
Free Cash Flow	1,646	872	980	1,625	1,474
Free Cash Flow Per Share	75.64	53.39	59.92	104.61	107.29
Dividend Per Share	-	39.000	39.000	31.000	14.000
Dividend Growth	-	-	25.81%	121.43%	40.00%
Gross Margin	45.38%	53.28%	52.50%	49.35%	43.79%
Operating Margin	7.89%	13.93%	16.85%	16.39%	10.55%
Profit Margin	3.82%	6.86%	9.57%	8.37%	5.33%
Free Cash Flow Margin	8.01%	4.30%	4.66%	8.29%	10.43%
EBITDA	3,341	4,427	5,145	4,746	2,876
EBITDA Margin	16.26%	21.81%	24.45%	24.22%	20.35%
D&A For EBITDA	1,720	1,599	1,598	1,534	1,385
EBIT	1,621	2,828	3,547	3,212	1,491
EBIT Margin	7.89%	13.93%	16.85%	16.39%	10.55%
Effective Tax Rate	32.99%	27.88%	17.88%	28.39%	26.80%
Advertising Expenses	-	531	544	386	286

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