Power Solutions 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	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
Revenue	7,905	6,748	5,931	5,313	3,801
Revenue Growth (YoY)	22.24%	13.78%	11.63%	39.78%	-
Cost of Revenue	5,202	4,495	3,925	3,535	2,525
Gross Profit	2,703	2,253	2,006	1,778	1,276
Selling, General & Admin	1,928	1,724	1,532	1,306	914
Operating Expenses	1,928	1,724	1,532	1,307	906
Operating Income	775	529	474	471	370
Interest Expense	-3	-4	-3	-	-
Interest & Investment Income	2	-	147	-	8
Earnings From Equity Investments	-4	-2	-	-	-
Other Non Operating Income (Expenses)	-3	-14	8	-2	-
Pretax Income	745	509	626	469	378
Income Tax Expense	272	183	180	151	125
Earnings From Continuing Operations	473	326	446	318	253
Minority Interest in Earnings	-31	1	-	-	-
Net Income	442	327	446	318	253
Net Income to Common	442	327	446	318	253
Net Income Growth	33.53%	-26.68%	40.25%	25.69%	-
Shares Outstanding (Basic)	3	3	3	3	3
Shares Outstanding (Diluted)	3	3	3	3	3
Shares Change (YoY)	2.66%	1.49%	1.73%	2.45%	-
EPS (Basic)	147.37	112.80	156.83	114.11	93.09
EPS (Diluted)	142.36	107.67	148.99	108.05	88.18
EPS Growth	30.29%	-27.73%	37.90%	22.53%	-
Free Cash Flow	-	-136	-99	427	365
Free Cash Flow Per Share	-	-44.71	-33.03	144.95	126.94
Dividend Per Share	23.500	22.000	-	-	-
Gross Margin	34.19%	33.39%	33.82%	33.47%	33.57%
Operating Margin	9.80%	7.84%	7.99%	8.87%	9.73%
Profit Margin	5.59%	4.85%	7.52%	5.99%	6.66%
Free Cash Flow Margin	-	-2.02%	-1.67%	8.04%	9.60%
EBITDA	883.25	620	542	562	444
EBITDA Margin	11.17%	9.19%	9.14%	10.58%	11.68%
D&A For EBITDA	108.25	91	68	91	74
EBIT	775	529	474	471	370
EBIT Margin	9.80%	7.84%	7.99%	8.87%	9.73%
Effective Tax Rate	36.51%	35.95%	28.75%	32.20%	33.07%

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