Hybrid Technologies Income Statement

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

Millions JPY. Fiscal year is Oct - Sep.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021
Revenue	3,272	3,024	3,135	2,905	2,407	1,702
Revenue Growth (YoY)	7.38%	-3.54%	7.92%	20.69%	41.42%	-1.90%
Cost of Revenue	2,161	2,006	2,162	1,859	1,464	1,050
Gross Profit	1,111	1,018	973	1,046	943	652
Selling, General & Admin	1,179	1,001	846	798	659	562
Other Operating Expenses	-61	-44	-5	-7	-5	-6
Operating Expenses	1,118	957	841	791	654	556
Operating Income	-7	61	132	255	289	96
Interest Expense	-47	-25	-24	-16	-12	-18
Interest & Investment Income	3	2	2	2	3	2
Currency Exchange Gain (Loss)	15	15	30	-35	24	11
Other Non Operating Income (Expenses)	-1	-3	-2	-2	2	20
EBT Excluding Unusual Items	-37	50	138	204	306	111
Merger & Restructuring Charges	-	-	-18	-	-	-
Gain (Loss) on Sale of Investments	-31	-31	-18	-16	-	-
Gain (Loss) on Sale of Assets	-	-	-	-	-4	-
Asset Writedown	-35	-35	-6	-	7	-6
Pretax Income	-103	-16	96	188	309	105
Income Tax Expense	-80	-69	36	28	60	30
Earnings From Continuing Operations	-23	53	60	160	249	75
Minority Interest in Earnings	-4	-35	-7	-	-	-
Net Income	-27	18	53	160	249	75
Net Income to Common	-27	18	53	160	249	75
Net Income Growth	-	-66.04%	-66.88%	-35.74%	232.00%	70.45%
Shares Outstanding (Basic)	11	11	11	11	10	6
Shares Outstanding (Diluted)	11	12	12	12	11	6
Shares Change (YoY)	0.45%	-0.23%	-0.93%	9.32%	71.44%	20.30%
EPS (Basic)	-2.36	1.58	4.67	14.38	24.17	11.71
EPS (Diluted)	-2.36	1.58	4.46	13.36	22.73	11.71
EPS Growth	-	-64.64%	-66.62%	-41.22%	94.11%	41.69%
Free Cash Flow	-108	3	356	207	318	202
Free Cash Flow Per Share	-9.45	0.25	29.94	17.24	28.96	31.54
Gross Margin	33.95%	33.66%	31.04%	36.01%	39.18%	38.31%
Operating Margin	-0.21%	2.02%	4.21%	8.78%	12.01%	5.64%
Profit Margin	-0.83%	0.60%	1.69%	5.51%	10.35%	4.41%
Free Cash Flow Margin	-3.30%	0.10%	11.36%	7.13%	13.21%	11.87%
EBITDA	206	258	314	400	417	214
EBITDA Margin	6.30%	8.53%	10.02%	13.77%	17.32%	12.57%
D&A For EBITDA	213	197	182	145	128	118
EBIT	-7	61	132	255	289	96
EBIT Margin	-0.21%	2.02%	4.21%	8.78%	12.01%	5.64%
Effective Tax Rate	-	-	37.50%	14.89%	19.42%	28.57%

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