Cluster Technology Income Statement

Financials in millions JPY. Fiscal year is April - March.

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Revenue	1,281	1,022	918	925	905	736
Revenue Growth (YoY)	33.58%	11.33%	-0.76%	2.21%	22.96%	-11.86%
Cost of Revenue	709	590	528	557	523	447
Gross Profit	572	432	390	368	382	289
Selling, General & Admin	296	267	265	250	253	208
Research & Development	52	52	53	41	27	45
Operating Expenses	353	324	322	295	282	255
Operating Income	219	108	68	73	100	34
Interest & Investment Income	2	-	-	-	-	-
Other Non Operating Income (Expenses)	1	2	2	1	2	2
EBT Excluding Unusual Items	222	110	70	74	102	36
Pretax Income	222	110	70	74	102	36
Income Tax Expense	21	10	13	15	-12	5
Net Income	201	100	57	59	114	31
Net Income to Common	201	100	57	59	114	31
Net Income Growth	272.22%	75.44%	-3.39%	-48.25%	267.74%	55.00%
Shares Outstanding (Basic)	6	6	6	6	6	6
Shares Outstanding (Diluted)	6	6	6	6	6	6
Shares Change (YoY)	-	-	-	-	-	-0.00%
EPS (Basic)	35.31	17.57	10.01	10.36	20.03	5.45
EPS (Diluted)	35.31	17.57	10.01	10.36	20.03	5.45
EPS Growth	272.22%	75.44%	-3.39%	-48.25%	267.74%	55.00%
Free Cash Flow	-	113	22	-63	77	92
Free Cash Flow Per Share	-	19.85	3.87	-11.07	13.53	16.16
Gross Margin	44.65%	42.27%	42.48%	39.78%	42.21%	39.27%
Operating Margin	17.10%	10.57%	7.41%	7.89%	11.05%	4.62%
Profit Margin	15.69%	9.79%	6.21%	6.38%	12.60%	4.21%
Free Cash Flow Margin	-	11.06%	2.40%	-6.81%	8.51%	12.50%
EBITDA	270.5	164	130	117	127	57
EBITDA Margin	21.12%	16.05%	14.16%	12.65%	14.03%	7.75%
D&A For EBITDA	51.5	56	62	44	27	23
EBIT	219	108	68	73	100	34
EBIT Margin	17.10%	10.57%	7.41%	7.89%	11.05%	4.62%
Effective Tax Rate	9.46%	9.09%	18.57%	20.27%	-	13.89%

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