eWeLL Co.,Ltd. (TYO:5038)

eWeLL Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	3,185	2,571	2,069	1,603	1,192	790
Revenue Growth (YoY)	31.08%	24.26%	29.07%	34.48%	50.89%	49.03%
Cost of Revenue	668.06	574	432	333	231	141
Gross Profit	2,517	1,997	1,637	1,270	961	649
Selling, General & Admin	1,009	802	693	565	559	447
Operating Expenses	1,009	861	728	577	559	447
Operating Income	1,508	1,136	909	693	402	202
Interest Expense	-0.34	-2	-3	-5	-2	-1
Other Non Operating Income (Expenses)	5.26	4	3	-13	3	1
EBT Excluding Unusual Items	1,516	1,138	909	675	403	202
Gain (Loss) on Sale of Assets	-	-	-2	-	-	-
Pretax Income	1,515	1,138	907	675	403	202
Income Tax Expense	453.98	330	295	226	63	18
Net Income to Company	-	808	612	449	340	184
Net Income	1,061	808	612	449	340	184
Net Income to Common	1,061	808	612	449	340	184
Net Income Growth	48.19%	32.03%	36.30%	32.06%	84.78%	-
Shares Outstanding (Basic)	15	15	7	7	6	6
Shares Outstanding (Diluted)	15	15	8	7	6	6
Shares Change (YoY)	1.82%	100.31%	10.28%	9.38%	-	-
EPS (Basic)	70.14	53.81	85.98	67.10	53.90	29.17
EPS (Diluted)	69.49	53.02	80.44	65.08	53.90	29.17
EPS Growth	-24.23%	-34.09%	23.60%	20.73%	84.78%	-
Free Cash Flow	-	839	440	527	-	-
Free Cash Flow Per Share	-	55.05	57.83	76.39	-	-
Gross Margin	79.03%	77.67%	79.12%	79.23%	80.62%	82.15%
Operating Margin	47.35%	44.19%	43.93%	43.23%	33.73%	25.57%
Profit Margin	33.32%	31.43%	29.58%	28.01%	28.52%	23.29%
Free Cash Flow Margin	-	32.63%	21.27%	32.88%	-	-
EBITDA	-	1,216	968	725	-	-
EBITDA Margin	-	47.30%	46.79%	45.23%	-	-
D&A For EBITDA	95.75	80	59	32	-	-
EBIT	1,508	1,136	909	693	402	202
EBIT Margin	47.35%	44.19%	43.93%	43.23%	33.73%	25.57%
Effective Tax Rate	29.96%	29.00%	32.52%	33.48%	15.63%	8.91%
Advertising Expenses	-	106	87	-	-	-

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