Broad Enterprise 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	7,413	4,697	3,957	2,992	2,500
Revenue Growth (YoY)	57.82%	18.70%	32.25%	19.68%	57.43%
Cost of Revenue	4,450	2,593	2,111	1,437	902
Gross Profit	2,963	2,104	1,846	1,555	1,598
Selling, General & Admin	1,985	1,307	1,332	1,264	1,018
Operating Expenses	1,985	1,365	1,339	1,265	1,026
Operating Income	978	739	507	290	572
Interest Expense	-58	-30	-25	-13	-17
Interest & Investment Income	4	4	4	6	-
Other Non Operating Income (Expenses)	-155	-150	-124	-158	-20
EBT Excluding Unusual Items	769	563	362	125	535
Asset Writedown	-	-	-	-	-3
Pretax Income	769	563	362	125	532
Income Tax Expense	353	217	35	48	186
Net Income to Company	416	346	327	77	346
Net Income	416	346	327	77	346
Net Income to Common	416	346	327	77	346
Net Income Growth	20.23%	5.81%	324.68%	-77.75%	156.30%
Shares Outstanding (Basic)	6	6	6	3	2
Shares Outstanding (Diluted)	6	6	6	3	3
Shares Change (YoY)	-0.24%	0.33%	101.72%	17.67%	8.58%
EPS (Basic)	68.01	57.03	55.87	26.49	143.75
EPS (Diluted)	67.65	56.13	53.22	25.28	133.67
EPS Growth	20.52%	5.47%	110.52%	-81.09%	136.05%
Free Cash Flow	-2,630	-1,098	-638	-606	-685
Free Cash Flow Per Share	-427.69	-178.12	-103.84	-198.96	-264.64
Gross Margin	39.97%	44.80%	46.65%	51.97%	63.92%
Operating Margin	13.19%	15.73%	12.81%	9.69%	22.88%
Profit Margin	5.61%	7.37%	8.26%	2.57%	13.84%
Free Cash Flow Margin	-35.48%	-23.38%	-16.12%	-20.25%	-27.40%
EBITDA	1,043	811	587	359	614
EBITDA Margin	14.07%	17.27%	14.83%	12.00%	24.56%
D&A For EBITDA	65	72	80	69	42
EBIT	978	739	507	290	572
EBIT Margin	13.19%	15.73%	12.81%	9.69%	22.88%
Effective Tax Rate	45.90%	38.54%	9.67%	38.40%	34.96%

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