Healios K.K. 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	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	97	560	121	90	41	27
Revenue Growth (YoY)	-82.33%	362.81%	34.44%	119.51%	51.85%	-90.32%
Cost of Revenue	172	128	13	-	-	-
Gross Profit	-75	432	108	90	41	27
Selling, General & Admin	1,159	1,365	1,116	1,378	1,649	1,155
Research & Development	2,019	1,960	2,304	3,808	3,700	2,986
Other Operating Expenses	-57	-54	1	-10	-2	-1
Operating Expenses	3,130	3,280	3,489	5,247	5,420	4,224
Operating Income	-3,205	-2,848	-3,381	-5,157	-5,379	-4,197
Interest Expense	-	-87	-146	-418	-583	-538
Interest & Investment Income	687	49	19	1	-	1
Earnings From Equity Investments	-1	-2	2	3	-3	-14
Currency Exchange Gain (Loss)	17	17	74	-21	2	8
Other Non Operating Income (Expenses)	105	105	298	-29	101	-1
EBT Excluding Unusual Items	-2,397	-2,766	-3,134	-5,621	-5,862	-4,741
Gain (Loss) on Sale of Investments	150	150	-	-	-10	-
Asset Writedown	-1,446	-1,446	-492	292	1,411	-637
Pretax Income	-3,693	-4,062	-3,626	-5,329	-4,461	-5,378
Income Tax Expense	205	165	187	-159	450	135
Earnings From Continuing Operations	-3,898	-4,227	-3,813	-5,170	-4,911	-5,513
Minority Interest in Earnings	8	-8	-10	1	1	1
Net Income	-3,890	-4,235	-3,823	-5,169	-4,910	-5,512
Net Income to Common	-3,890	-4,235	-3,823	-5,169	-4,910	-5,512
Shares Outstanding (Basic)	101	88	68	57	53	51
Shares Outstanding (Diluted)	101	88	68	57	57	51
Shares Change (YoY)	19.74%	30.10%	19.28%	-0.65%	11.60%	54.44%
EPS (Basic)	-38.41	-47.87	-56.22	-90.67	-93.36	-107.20
EPS (Diluted)	-38.41	-47.87	-56.22	-90.67	-99.52	-107.20
Free Cash Flow	-2,982	-1,832	-2,847	-4,808	-5,382	-4,256
Free Cash Flow Per Share	-29.44	-20.71	-41.87	-84.34	-93.79	-82.77
Gross Margin	-77.32%	77.14%	89.26%	100.00%	100.00%	100.00%
Operating Margin	-3304.12%	-508.57%	-2794.22%	-5730.00%	-13119.51%	-15544.44%
Profit Margin	-4010.31%	-756.25%	-3159.50%	-5743.33%	-11975.61%	-20414.81%
Free Cash Flow Margin	-3074.23%	-327.14%	-2352.89%	-5342.22%	-13126.83%	-15762.96%
EBITDA	-2,922	-2,551	-3,157	-4,771	-5,117	-3,968
D&A For EBITDA	283	297	224	386	262	229
EBIT	-3,205	-2,848	-3,381	-5,157	-5,379	-4,197

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.