Cyber Security Cloud Income Statement

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2021	FY 2020
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	3,857	3,060	1,817	1,194
Revenue Growth (YoY)	26.05%	68.41%	52.18%	-
Cost of Revenue	1,338	925	536	377
Gross Profit	2,519	2,135	1,281	817
Selling, General & Admin	1,748	1,585	868	551
Research & Development	-	-	116	77
Operating Expenses	1,746	1,585	984	628
Operating Income	773	550	297	189
Interest Expense	-3	-1	-2	-
Interest & Investment Income	4	2	-	-
Currency Exchange Gain (Loss)	57	8	4	-2
Other Non Operating Income (Expenses)	1	-	-3	-15
EBT Excluding Unusual Items	832	559	296	172
Asset Writedown	-1	-	-23	-
Other Unusual Items	-	-	-6	-
Pretax Income	831	559	267	172
Income Tax Expense	256	132	98	38
Net Income	575	427	169	134
Net Income to Common	575	427	169	134
Net Income Growth	34.66%	152.66%	26.12%	-
Shares Outstanding (Basic)	9	9	9	9
Shares Outstanding (Diluted)	9	10	9	9
Shares Change (YoY)	-2.20%	1.12%	0.65%	-
EPS (Basic)	62.35	45.26	18.09	14.56
EPS (Diluted)	61.34	44.57	17.83	14.27
EPS Growth	37.63%	149.97%	24.95%	-
Free Cash Flow	629	577	379	132
Free Cash Flow Per Share	67.10	60.20	39.99	14.02
Gross Margin	65.31%	69.77%	70.50%	68.42%
Operating Margin	20.04%	17.97%	16.35%	15.83%
Profit Margin	14.91%	13.95%	9.30%	11.22%
Free Cash Flow Margin	16.31%	18.86%	20.86%	11.05%
EBITDA	843	597	332	193
EBITDA Margin	21.86%	19.51%	18.27%	16.16%
D&A For EBITDA	70	47	35	4
EBIT	773	550	297	189
EBIT Margin	20.04%	17.97%	16.35%	15.83%
Effective Tax Rate	30.81%	23.61%	36.70%	22.09%
Advertising Expenses	218	207	134	73

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