BASE,Inc. 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	20,729	15,981	11,680	9,739	9,931
Revenue Growth (YoY)	29.71%	36.82%	19.93%	-1.93%	19.82%
Cost of Revenue	10,739	8,814	6,647	5,002	4,307
Gross Profit	9,990	7,167	5,033	4,737	5,624
Selling, General & Admin	8,303	6,194	5,380	6,197	6,540
Other Operating Expenses	-	-	-	-	6
Operating Expenses	8,303	6,393	5,458	6,245	6,601
Operating Income	1,687	774	-425	-1,508	-977
Interest Expense	-14	-3	-	-	-
Interest & Investment Income	39	2	-	-	-
Earnings From Equity Investments	15	-	-	-	-
Currency Exchange Gain (Loss)	-2	-	-	-2	-
Other Non Operating Income (Expenses)	-86	23	16	15	17
EBT Excluding Unusual Items	1,639	796	-409	-1,495	-960
Gain (Loss) on Sale of Investments	-	-	-63	-83	-258
Asset Writedown	-	-867	-130	-157	-
Pretax Income	1,643	-71	-602	-1,735	-1,218
Income Tax Expense	-187	-411	4	-3	-24
Earnings From Continuing Operations	1,830	340	-606	-1,732	-1,194
Minority Interest in Earnings	-4	-	-	-	-
Net Income	1,826	340	-606	-1,732	-1,194
Net Income to Common	1,826	340	-606	-1,732	-1,194
Net Income Growth	437.06%	-	-	-	-
Shares Outstanding (Basic)	115	116	114	112	111
Shares Outstanding (Diluted)	117	118	114	112	111
Shares Change (YoY)	-0.66%	2.76%	2.05%	1.32%	-1.46%
EPS (Basic)	15.86	2.94	-5.30	-15.46	-10.80
EPS (Diluted)	15.65	2.90	-5.30	-15.46	-10.80
EPS Growth	439.66%	-	-	-	-
Free Cash Flow	3,271	3,631	-133	-1,734	1,762
Free Cash Flow Per Share	28.02	30.90	-1.16	-15.47	15.93
Dividend Per Share	5.000	-	-	-	-
Gross Margin	48.19%	44.85%	43.09%	48.64%	56.63%
Operating Margin	8.14%	4.84%	-3.64%	-15.48%	-9.84%
Profit Margin	8.81%	2.13%	-5.19%	-17.78%	-12.02%
Free Cash Flow Margin	15.78%	22.72%	-1.14%	-17.80%	17.74%
EBITDA	1,749	804	-423	-1,459	-932
EBITDA Margin	8.44%	5.03%	-3.62%	-14.98%	-9.38%
D&A For EBITDA	62	30	2	49	45
EBIT	1,687	774	-425	-1,508	-977
EBIT Margin	8.14%	4.84%	-3.64%	-15.48%	-9.84%
Advertising Expenses	-	-	474	1,264	2,557

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