Broad Enterprise Income Statement

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2017 - 2019
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2017 - 2019
Revenue	6,270	4,697	3,957	2,992	2,500	1,588	Upgrade
Revenue Growth (YoY)	39.21%	18.70%	32.25%	19.68%	57.43%	11.75%	Upgrade
Cost of Revenue	3,660	2,593	2,111	1,437	902	582	Upgrade
Gross Profit	2,610	2,104	1,846	1,555	1,598	1,006	Upgrade
Selling, General & Admin	1,608	1,307	1,332	1,264	1,018	756	Upgrade
Operating Expenses	1,666	1,365	1,339	1,265	1,026	756	Upgrade
Operating Income	944	739	507	290	572	250	Upgrade
Interest Expense	-50	-30	-25	-13	-17	-13	Upgrade
Interest & Investment Income	4	4	4	6	-	-	Upgrade
Other Non Operating Income (Expenses)	-186	-150	-124	-158	-20	-42	Upgrade
EBT Excluding Unusual Items	712	563	362	125	535	195	Upgrade
Asset Writedown	-	-	-	-	-3	-18	Upgrade
Pretax Income	712	563	362	125	532	177	Upgrade
Income Tax Expense	285	217	35	48	186	42	Upgrade
Net Income to Company	-	346	327	77	346	135	Upgrade
Net Income	427	346	327	77	346	135	Upgrade
Net Income to Common	427	346	327	77	346	135	Upgrade
Net Income Growth	29.00%	5.81%	324.68%	-77.75%	156.30%	17.39%	Upgrade
Shares Outstanding (Basic)	6	6	6	3	2	2	Upgrade
Shares Outstanding (Diluted)	6	6	6	3	3	2	Upgrade
Shares Change (YoY)	-27.03%	0.33%	101.72%	17.67%	8.58%	-	Upgrade
EPS (Basic)	69.94	57.03	55.87	26.49	143.75	56.63	Upgrade
EPS (Diluted)	69.19	56.13	53.22	25.28	133.67	56.63	Upgrade
EPS Growth	76.78%	5.47%	110.52%	-81.09%	136.05%	17.39%	Upgrade
Free Cash Flow	-	-1,098	-638	-606	-685	-	Upgrade
Free Cash Flow Per Share	-	-178.12	-103.84	-198.96	-264.64	-	Upgrade
Gross Margin	41.63%	44.80%	46.65%	51.97%	63.92%	63.35%	Upgrade
Operating Margin	15.06%	15.73%	12.81%	9.69%	22.88%	15.74%	Upgrade
Profit Margin	6.81%	7.37%	8.26%	2.57%	13.84%	8.50%	Upgrade
Free Cash Flow Margin	-	-23.38%	-16.12%	-20.25%	-27.40%	-	Upgrade
EBITDA	1,010	811	587	359	614	-	Upgrade
EBITDA Margin	16.11%	17.27%	14.83%	12.00%	24.56%	-	Upgrade
D&A For EBITDA	66	72	80	69	42	-	Upgrade
EBIT	944	739	507	290	572	250	Upgrade
EBIT Margin	15.06%	15.73%	12.81%	9.69%	22.88%	15.74%	Upgrade
Effective Tax Rate	40.03%	38.54%	9.67%	38.40%	34.96%	23.73%	Upgrade

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