Secure, Inc. (TYO:4264)

Secure Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	6,840	6,247	5,191	3,384	3,378
Revenue Growth (YoY)	9.49%	20.34%	53.40%	0.18%	21.07%
Cost of Revenue	4,012	3,719	3,176	2,073	2,058
Gross Profit	2,828	2,528	2,015	1,311	1,320
Selling, General & Admin	2,466	2,153	1,785	1,443	1,128
Amortization of Goodwill & Intangibles	-	29	-	-	-
Operating Expenses	2,505	2,222	1,827	1,481	1,165
Operating Income	323	306	188	-170	155
Interest Expense	-14	-12	-7	-5	-6
Interest & Investment Income	2	-	-	-	-
Other Non Operating Income (Expenses)	-12	-1	-4	-9	-2
EBT Excluding Unusual Items	299	293	177	-184	147
Gain (Loss) on Sale of Investments	-	-10	-	-13	-
Gain (Loss) on Sale of Assets	-	-	-4	-	-
Asset Writedown	-	-	-3	-	-
Pretax Income	299	283	170	-197	147
Income Tax Expense	112	43	2	30	16
Net Income to Company	187	240	168	-227	131
Net Income	187	240	168	-227	131
Net Income to Common	187	240	168	-227	131
Net Income Growth	-22.08%	42.86%	-	-	296.97%
Shares Outstanding (Basic)	5	5	5	5	4
Shares Outstanding (Diluted)	6	5	5	5	4
Shares Change (YoY)	11.31%	0.29%	5.64%	7.45%	5.42%
EPS (Basic)	34.19	50.41	35.50	-48.39	31.56
EPS (Diluted)	33.80	48.40	34.06	-48.39	30.11
EPS Growth	-30.16%	42.10%	-	-	277.89%
Free Cash Flow	148	293	78	-351	112
Free Cash Flow Per Share	26.75	58.95	15.74	-74.82	25.65
Gross Margin	41.34%	40.47%	38.82%	38.74%	39.08%
Operating Margin	4.72%	4.90%	3.62%	-5.02%	4.59%
Profit Margin	2.73%	3.84%	3.24%	-6.71%	3.88%
Free Cash Flow Margin	2.16%	4.69%	1.50%	-10.37%	3.32%
EBITDA	414	391	247	-109	210
EBITDA Margin	6.05%	6.26%	4.76%	-3.22%	6.22%
D&A For EBITDA	91	85	59	61	55
EBIT	323	306	188	-170	155
EBIT Margin	4.72%	4.90%	3.62%	-5.02%	4.59%
Effective Tax Rate	37.46%	15.19%	1.18%	-	10.88%

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