Photosynth inc. 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	3,384	2,961	2,493	1,994	1,600
Revenue Growth (YoY)	14.29%	18.77%	25.02%	24.63%	-
Cost of Revenue	842	693	463	254	205
Gross Profit	2,542	2,268	2,030	1,740	1,395
Selling, General & Admin	2,311	2,189	2,248	2,348	2,241
Operating Expenses	2,311	2,192	2,251	2,349	2,243
Operating Income	231	76	-221	-609	-848
Interest Expense	-	-1	-4	-10	-16
Other Non Operating Income (Expenses)	3	16	2	19	-6
EBT Excluding Unusual Items	234	91	-223	-600	-870
Asset Writedown	-9	-203	-12	-9	-
Other Unusual Items	-	-	-	-1	-
Pretax Income	225	-112	-235	-610	-870
Income Tax Expense	-4	-112	5	6	5
Earnings From Continuing Operations	229	-	-240	-616	-875
Minority Interest in Earnings	62	155	65	38	9
Net Income	291	155	-175	-578	-866
Net Income to Common	291	155	-175	-578	-866
Net Income Growth	87.74%	-	-	-	-
Shares Outstanding (Basic)	15	16	15	15	14
Shares Outstanding (Diluted)	15	16	15	15	14
Shares Change (YoY)	-0.89%	0.94%	0.43%	11.71%	-
EPS (Basic)	18.79	9.97	-11.30	-37.48	-62.73
EPS (Diluted)	18.78	9.93	-11.30	-37.48	-62.73
EPS Growth	89.12%	-	-	-	-
Free Cash Flow	309	210	-138	-1,131	-914
Free Cash Flow Per Share	19.94	13.43	-8.91	-73.33	-66.20
Gross Margin	75.12%	76.60%	81.43%	87.26%	87.19%
Operating Margin	6.83%	2.57%	-8.87%	-30.54%	-53.00%
Profit Margin	8.60%	5.24%	-7.02%	-28.99%	-54.13%
Free Cash Flow Margin	9.13%	7.09%	-5.54%	-56.72%	-57.13%
EBITDA	501	346	-38	-538	-827
EBITDA Margin	14.80%	11.68%	-1.52%	-26.98%	-51.69%
D&A For EBITDA	270	270	183	71	21
EBIT	231	76	-221	-609	-848
EBIT Margin	6.83%	2.57%	-8.87%	-30.54%	-53.00%
Advertising Expenses	-	324	398	451	502

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