kubell 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
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	8,770	8,470	6,485	4,593	3,372
Revenue Growth (YoY)	25.16%	30.61%	41.19%	36.21%	-
Cost of Revenue	2,706	2,627	2,334	1,397	994
Gross Profit	6,064	5,843	4,151	3,196	2,378
Selling, General & Admin	5,877	5,746	4,828	3,907	3,072
Operating Expenses	5,877	5,746	4,828	3,907	3,072
Operating Income	186.58	97	-677	-711	-694
Interest Expense	-18.69	-18	-16	-6	-2
Interest & Investment Income	1.66	-	1	-	-
Currency Exchange Gain (Loss)	-2.34	-1	-2	10	1
Other Non Operating Income (Expenses)	-2.14	-1	9	-7	-14
EBT Excluding Unusual Items	164.79	77	-685	-714	-709
Gain (Loss) on Sale of Investments	-46.13	-45	-24	-	-
Gain (Loss) on Sale of Assets	2.12	-	-	-1	-
Asset Writedown	-1,252	-1,249	-194	-	-133
Other Unusual Items	-	-1	-	-	-
Pretax Income	-1,131	-1,218	-903	-715	-842
Income Tax Expense	27.09	-46	-218	1	-34
Earnings From Continuing Operations	-1,158	-1,172	-685	-716	-808
Minority Interest in Earnings	-	-	65	38	63
Net Income	-1,158	-1,172	-620	-678	-745
Net Income to Common	-1,158	-1,172	-620	-678	-745
Shares Outstanding (Basic)	41	41	40	40	37
Shares Outstanding (Diluted)	41	41	40	40	37
Shares Change (YoY)	2.35%	2.09%	1.29%	6.67%	-
EPS (Basic)	-28.06	-28.58	-15.43	-17.10	-20.04
EPS (Diluted)	-28.06	-28.58	-15.43	-17.10	-20.04
Free Cash Flow	-	1,466	468	-295	-479
Free Cash Flow Per Share	-	35.75	11.65	-7.44	-12.88
Gross Margin	69.14%	68.98%	64.01%	69.58%	70.52%
Operating Margin	2.13%	1.15%	-10.44%	-15.48%	-20.58%
Profit Margin	-13.21%	-13.84%	-9.56%	-14.76%	-22.09%
Free Cash Flow Margin	-	17.31%	7.22%	-6.42%	-14.21%
EBITDA	635.48	556	-181	-535	-572
EBITDA Margin	7.25%	6.56%	-2.79%	-11.65%	-16.96%
D&A For EBITDA	448.9	459	496	176	122
EBIT	186.58	97	-677	-711	-694
EBIT Margin	2.13%	1.15%	-10.44%	-15.48%	-20.58%
Advertising Expenses	-	627	674	730	823

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