Medley Income Statement

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Revenue	26,673	20,532	14,185	10,863	6,830	4,765
Revenue Growth (YoY)	38.85%	44.74%	30.58%	59.05%	43.34%	-
Cost of Revenue	9,468	6,945	4,464	3,878	2,159	1,552
Gross Profit	17,205	13,587	9,721	6,985	4,671	3,213
Selling, General & Admin	14,724	10,713	8,241	6,129	4,262	3,080
Other Operating Expenses	-	-	-	-	6	-5
Operating Expenses	14,724	10,924	8,430	6,252	4,275	3,060
Operating Income	2,481	2,663	1,291	733	396	153
Interest Expense	-44	-11	-11	-18	-10	-6
Other Non Operating Income (Expenses)	945	1,102	245	28	36	31
EBT Excluding Unusual Items	3,384	3,754	1,525	743	422	178
Gain (Loss) on Sale of Investments	-	46	-	-	-	-
Gain (Loss) on Sale of Assets	2	-	-1	-	-	-
Asset Writedown	-3	-	-1	-1	-	-494
Other Unusual Items	875	1	-	22	-	-
Pretax Income	4,258	3,801	1,523	764	422	-316
Income Tax Expense	1,525	1,230	502	206	-33	65
Earnings From Continuing Operations	2,733	2,571	1,021	558	455	-381
Minority Interest in Earnings	-19	-5	-4	5	-	-
Net Income	2,714	2,566	1,017	563	455	-381
Net Income to Common	2,714	2,566	1,017	563	455	-381
Net Income Growth	21.32%	152.31%	80.64%	23.74%	-	-
Shares Outstanding (Basic)	32	32	32	32	29	26
Shares Outstanding (Diluted)	33	33	33	33	31	26
Shares Change (YoY)	-0.06%	0.03%	-0.50%	4.23%	22.85%	-
EPS (Basic)	83.67	79.52	31.75	17.78	15.66	-14.86
EPS (Diluted)	83.09	78.55	31.16	17.15	14.48	-14.86
EPS Growth	21.40%	152.09%	81.69%	18.44%	-	-
Free Cash Flow	-	3,675	1,867	975	783	495
Free Cash Flow Per Share	-	112.48	57.16	29.70	24.86	19.31
Gross Margin	64.50%	66.17%	68.53%	64.30%	68.39%	67.43%
Operating Margin	9.30%	12.97%	9.10%	6.75%	5.80%	3.21%
Profit Margin	10.18%	12.50%	7.17%	5.18%	6.66%	-8.00%
Free Cash Flow Margin	-	17.90%	13.16%	8.98%	11.46%	10.39%
EBITDA	3,209	3,364	1,914	1,229	555	255
EBITDA Margin	12.03%	16.38%	13.49%	11.31%	8.13%	5.35%
D&A For EBITDA	728	701	623	496	159	102
EBIT	2,481	2,663	1,291	733	396	153
EBIT Margin	9.30%	12.97%	9.10%	6.75%	5.80%	3.21%
Effective Tax Rate	35.81%	32.36%	32.96%	26.96%	-	-
Advertising Expenses	-	669	710	396	239	190

Source: S&P Capital IQ. Standard template. Financial Sources.