VisasQ Income Statement

Financials in millions JPY. Fiscal year is March - February.

Millions JPY. Fiscal year is Mar - Feb.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '25 Nov 30, 2025	Feb '25 Feb 28, 2025	Feb '24 Feb 29, 2024	Feb '23 Feb 28, 2023	Feb '22 Feb 28, 2022	Feb '21 Feb 28, 2021
Revenue	9,760	9,780	8,967	8,380	3,702	1,604
Revenue Growth (YoY)	1.20%	9.07%	7.00%	126.36%	130.80%	-
Gross Profit	9,706	9,780	8,967	8,380	3,702	1,604
Selling, General & Admin	8,375	8,500	7,762	7,251	3,559	1,377
Amortization of Goodwill & Intangibles	-	-	446	417	90	-
Operating Expenses	8,428	8,553	9,026	8,376	3,814	1,395
Operating Income	1,278	1,227	-59	4	-112	209
Interest Expense	-53	-43	-37	-46	-22	-8
Interest & Investment Income	6	1	-	-	-	-
Currency Exchange Gain (Loss)	1	-1	-13	-27	-2	-2
Other Non Operating Income (Expenses)	75	27	222	17	-254	-2
EBT Excluding Unusual Items	1,307	1,211	113	-52	-390	197
Gain (Loss) on Sale of Investments	-	-	-32	-	-	-
Asset Writedown	-256	-398	-14,472	-	-	-
Other Unusual Items	-1	-1	-1	-	-	-
Pretax Income	1,050	812	-14,392	-52	-390	197
Income Tax Expense	266	335	-1,757	-127	85	-4
Net Income	784	477	-12,635	75	-475	201
Preferred Dividends & Other Adjustments	266.45	266.45	266.45	266.45	87.6	-
Net Income to Common	517.55	210.55	-12,901	-191.45	-562.6	201
Shares Outstanding (Basic)	9	9	9	9	9	9
Shares Outstanding (Diluted)	14	9	9	9	9	9
Shares Change (YoY)	52.10%	1.62%	0.86%	2.21%	-4.07%	-
EPS (Basic)	55.93	22.80	-1404.49	-21.02	-63.14	23.28
EPS (Diluted)	36.91	22.58	-1404.49	-21.02	-63.14	21.74
Free Cash Flow	-	888	874	1,475	204	366
Free Cash Flow Per Share	-	95.13	95.15	161.95	22.89	39.40
Gross Margin	99.45%	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	13.09%	12.55%	-0.66%	0.05%	-3.02%	13.03%
Profit Margin	5.30%	2.15%	-143.88%	-2.28%	-15.20%	12.53%
Free Cash Flow Margin	-	9.08%	9.75%	17.60%	5.51%	22.82%
EBITDA	422.75	1,280	1,205	1,129	143	227
EBITDA Margin	4.33%	13.09%	13.44%	13.47%	3.86%	14.15%
D&A For EBITDA	-855.25	53	1,264	1,125	255	18
EBIT	1,278	1,227	-59	4	-112	209
EBIT Margin	13.09%	12.55%	-0.66%	0.05%	-3.02%	13.03%
Effective Tax Rate	25.33%	41.26%	-	-	-	-
Advertising Expenses	-	242	223	241	188	113

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