SmartDrive inc. (TYO:5137)

SmartDrive inc. Income Statement

Financials in millions JPY. Fiscal year is October - September.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021
Revenue	2,878	2,173	1,709	1,254	827
Revenue Growth (YoY)	32.44%	27.15%	36.28%	51.63%	107.79%
Cost of Revenue	1,112	806	580	490	274
Gross Profit	1,766	1,367	1,129	764	553
Selling, General & Admin	1,374	1,189	1,135	1,083	915
Operating Expenses	1,376	1,192	1,138	1,083	915
Operating Income	390	175	-9	-319	-362
Interest Expense	-7	-4	-4	-4	-4
Interest & Investment Income	1	-	-	-	-
Earnings From Equity Investments	-29	-	-	-	-
Other Non Operating Income (Expenses)	-2	1	-13	20	44
EBT Excluding Unusual Items	353	172	-26	-303	-322
Gain (Loss) on Sale of Assets	-	-	-	-	-3
Asset Writedown	-	-3	-	-	-
Pretax Income	353	169	-26	-303	-325
Income Tax Expense	-100	-97	2	-	2
Net Income	453	266	-28	-303	-327
Net Income to Common	453	266	-28	-303	-327
Net Income Growth	70.30%	-	-	-	-
Shares Outstanding (Basic)	38	37	37	35	34
Shares Outstanding (Diluted)	39	39	37	35	34
Shares Change (YoY)	-1.42%	7.54%	5.51%	2.21%	3.55%
EPS (Basic)	12.08	7.12	-0.77	-8.74	-9.64
EPS (Diluted)	11.68	6.77	-0.77	-8.74	-9.64
EPS Growth	72.57%	-	-	-	-
Free Cash Flow	628	36	-112	-	-
Free Cash Flow Per Share	16.19	0.92	-3.06	-	-
Gross Margin	61.36%	62.91%	66.06%	60.92%	66.87%
Operating Margin	13.55%	8.05%	-0.53%	-25.44%	-43.77%
Profit Margin	15.74%	12.24%	-1.64%	-24.16%	-39.54%
Free Cash Flow Margin	21.82%	1.66%	-6.55%	-	-
EBITDA	527	238	6	-	-
EBITDA Margin	18.31%	10.95%	0.35%	-	-
D&A For EBITDA	137	63	15	-	-
EBIT	390	175	-9	-319	-362
EBIT Margin	13.55%	8.05%	-0.53%	-25.44%	-43.77%
Advertising Expenses	164	148	119	-	-

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