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	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	7,596	6,748	5,931	5,313	3,801
Revenue Growth (YoY)	21.32%	13.78%	11.63%	39.78%	-
Cost of Revenue	5,004	4,495	3,925	3,535	2,525
Gross Profit	2,592	2,253	2,006	1,778	1,276
Selling, General & Admin	1,881	1,724	1,532	1,306	914
Operating Expenses	1,881	1,724	1,532	1,307	906
Operating Income	711	529	474	471	370
Interest Expense	-3	-4	-3	-	-
Interest & Investment Income	-	-	147	-	8
Earnings From Equity Investments	-3	-2	-	-	-
Other Non Operating Income (Expenses)	-16	-14	8	-2	-
Pretax Income	667	509	626	469	378
Income Tax Expense	250	183	180	151	125
Earnings From Continuing Operations	417	326	446	318	253
Minority Interest in Earnings	-15	1	-	-	-
Net Income	402	327	446	318	253
Net Income to Common	402	327	446	318	253
Net Income Growth	11.05%	-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)	1.74%	1.49%	1.73%	2.45%	-
EPS (Basic)	135.99	112.80	156.83	114.11	93.09
EPS (Diluted)	130.71	107.67	148.99	108.05	88.18
EPS Growth	8.75%	-27.73%	37.90%	22.53%	-
Free Cash Flow	487	-136	-99	427	365
Free Cash Flow Per Share	158.47	-44.71	-33.03	144.95	126.94
Dividend Per Share	23.500	22.000	-	-	-
Gross Margin	34.12%	33.39%	33.82%	33.47%	33.57%
Operating Margin	9.36%	7.84%	7.99%	8.87%	9.73%
Profit Margin	5.29%	4.85%	7.52%	5.99%	6.66%
Free Cash Flow Margin	6.41%	-2.02%	-1.67%	8.04%	9.60%
EBITDA	836	620	542	562	444
EBITDA Margin	11.01%	9.19%	9.14%	10.58%	11.68%
D&A For EBITDA	125	91	68	91	74
EBIT	711	529	474	471	370
EBIT Margin	9.36%	7.84%	7.99%	8.87%	9.73%
Effective Tax Rate	37.48%	35.95%	28.75%	32.20%	33.07%

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