Mercari, Inc. (TYO:4385)

Mercari Income Statement

Financials in millions JPY. Fiscal year is July - June.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Jun 30, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021
Revenue	215,857	192,633	187,407	172,064	147,049	106,115
Revenue Growth (YoY)	13.25%	2.79%	8.92%	17.01%	38.57%	39.12%
Cost of Revenue	57,414	54,374	57,676	57,639	51,905	24,312
Gross Profit	158,443	138,259	129,731	114,425	95,144	81,803
Selling, General & Admin	115,979	96,467	101,144	90,620	92,509	73,100
Other Operating Expenses	443	-514	518	1,036	359	802
Operating Expenses	116,422	110,170	111,379	97,401	98,859	76,617
Operating Income	42,021	28,089	18,352	17,024	-3,715	5,186
Interest Expense	-966	-500	-488	-182	-140	-343
Interest & Investment Income	1,059	834	891	501	50	30
Currency Exchange Gain (Loss)	-	-248	385	-79	-149	-31
Other Non Operating Income (Expenses)	-	944	-1	186	58	133
EBT Excluding Unusual Items	42,114	29,119	19,139	17,450	-3,896	4,975
Merger & Restructuring Charges	-	-	-870	-	-	-
Gain (Loss) on Sale of Investments	-	-	-	-325	-51	6,833
Asset Writedown	-	-	-381	-50	-51	-
Other Unusual Items	-	-	-	-686	1	66
Pretax Income	42,114	29,119	17,888	16,389	-3,997	11,874
Income Tax Expense	8,246	2,941	4,433	3,474	3,642	6,349
Earnings From Continuing Operations	33,868	26,178	13,455	12,915	-7,639	5,525
Minority Interest in Earnings	-55	-64	6	155	70	195
Net Income	33,813	26,114	13,461	13,070	-7,569	5,720
Net Income to Common	33,813	26,114	13,461	13,070	-7,569	5,720
Net Income Growth	105.69%	94.00%	2.99%	-	-	-
Shares Outstanding (Basic)	165	164	163	161	160	157
Shares Outstanding (Diluted)	169	169	170	169	160	163
Shares Change (YoY)	-0.12%	-1.02%	0.84%	5.66%	-1.74%	5.66%
EPS (Basic)	205.31	159.05	82.47	81.01	-47.33	36.42
EPS (Diluted)	200.06	154.85	79.01	77.36	-47.33	35.15
EPS Growth	105.93%	95.99%	2.13%	-	-	-
Free Cash Flow	-40,442	-12,249	-43,492	-37,354	-26,886	2,947
Free Cash Flow Per Share	-239.28	-72.63	-255.27	-221.09	-168.13	18.11
Gross Margin	73.40%	71.77%	69.22%	66.50%	64.70%	77.09%
Operating Margin	19.47%	14.58%	9.79%	9.89%	-2.53%	4.89%
Profit Margin	15.67%	13.56%	7.18%	7.60%	-5.15%	5.39%
Free Cash Flow Margin	-18.74%	-6.36%	-23.21%	-21.71%	-18.28%	2.78%
EBITDA	44,404	29,920	20,394	17,957	-2,897	6,031
EBITDA Margin	20.57%	15.53%	10.88%	10.44%	-1.97%	5.68%
D&A For EBITDA	2,383	1,831	2,042	933	818	845
EBIT	42,021	28,089	18,352	17,024	-3,715	5,186
EBIT Margin	19.47%	14.58%	9.79%	9.89%	-2.53%	4.89%
Effective Tax Rate	19.58%	10.10%	24.78%	21.20%	-	53.47%
Advertising Expenses	-	39,931	44,242	32,023	37,712	31,485

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