Sourcenext Income Statement

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2025	FY 2024	FY 2023	FY 2022
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
Revenue	12,365	11,455	11,334	10,347	10,307
Revenue Growth (YoY)	7.95%	1.07%	9.54%	0.39%	-19.80%
Cost of Revenue	5,968	6,120	5,230	5,374	5,677
Gross Profit	6,397	5,335	6,104	4,973	4,630
Selling, General & Admin	8,112	8,790	8,346	7,520	6,883
Research & Development	29.33	26	29	28	7
Operating Expenses	8,141	8,816	8,375	7,548	6,890
Operating Income	-1,744	-3,481	-2,271	-2,575	-2,260
Interest Expense	-85.33	-79	-70	-52	-21
Interest & Investment Income	48	14	32	31	140
Earnings From Equity Investments	-94.67	-294	-155	-101	-111
Currency Exchange Gain (Loss)	213.33	-60	249	162	155
Other Non Operating Income (Expenses)	5.33	-26	-23	-2	-32
EBT Excluding Unusual Items	-1,657	-3,926	-2,238	-2,537	-2,129
Gain (Loss) on Sale of Investments	-	-256	54	14	-1,203
Asset Writedown	-2,156	-23	-	-	-
Other Unusual Items	14.67	-29	27	8	1
Pretax Income	-3,799	-4,234	-2,157	-2,515	-3,331
Income Tax Expense	8	209	363	11	171
Earnings From Continuing Operations	-3,807	-4,443	-2,520	-2,526	-3,502
Minority Interest in Earnings	969.33	547	351	223	-
Net Income	-2,837	-3,896	-2,169	-2,303	-3,502
Net Income to Common	-2,837	-3,896	-2,169	-2,303	-3,502
Shares Outstanding (Basic)	138	136	136	136	136
Shares Outstanding (Diluted)	138	136	136	136	136
Shares Change (YoY)	1.69%	0.34%	0.02%	-0.31%	-0.57%
EPS (Basic)	-20.51	-28.64	-16.00	-16.99	-25.76
EPS (Diluted)	-20.51	-28.64	-16.00	-16.99	-25.76
Free Cash Flow	482.67	-1,957	-785	163	-391
Free Cash Flow Per Share	3.49	-14.39	-5.79	1.20	-2.88
Gross Margin	51.74%	46.57%	53.86%	48.06%	44.92%
Operating Margin	-14.10%	-30.39%	-20.04%	-24.89%	-21.93%
Profit Margin	-22.95%	-34.01%	-19.14%	-22.26%	-33.98%
Free Cash Flow Margin	3.90%	-17.08%	-6.93%	1.57%	-3.79%
EBITDA	-238.67	-2,209	-1,183	-1,442	-1,012
EBITDA Margin	-1.93%	-19.28%	-10.44%	-13.94%	-9.82%
D&A For EBITDA	1,505	1,272	1,088	1,133	1,248
EBIT	-1,744	-3,481	-2,271	-2,575	-2,260
EBIT Margin	-14.10%	-30.39%	-20.04%	-24.89%	-21.93%
Advertising Expenses	-	1,878	2,022	2,105	1,507

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.