SmartDrive inc. (TYO:5137)

SmartDrive inc. Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Sep 30, 2025	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021
Revenue	2,966	2,878	2,173	1,709	1,254	827
Revenue Growth (YoY)	28.96%	32.44%	27.15%	36.28%	51.63%	107.79%
Cost of Revenue	1,136	1,112	806	580	490	274
Gross Profit	1,830	1,766	1,367	1,129	764	553
Selling, General & Admin	1,390	1,374	1,189	1,135	1,083	915
Operating Expenses	1,392	1,376	1,192	1,138	1,083	915
Operating Income	438	390	175	-9	-319	-362
Interest Expense	-8	-7	-4	-4	-4	-4
Interest & Investment Income	1	1	-	-	-	-
Earnings From Equity Investments	-15	-29	-	-	-	-
Other Non Operating Income (Expenses)	-3	-2	1	-13	20	44
EBT Excluding Unusual Items	413	353	172	-26	-303	-322
Gain (Loss) on Sale of Assets	-	-	-	-	-	-3
Asset Writedown	-	-	-3	-	-	-
Pretax Income	413	353	169	-26	-303	-325
Income Tax Expense	-88	-100	-97	2	-	2
Net Income	501	453	266	-28	-303	-327
Net Income to Common	501	453	266	-28	-303	-327
Net Income Growth	68.12%	70.30%	-	-	-	-
Shares Outstanding (Basic)	37	38	37	37	35	34
Shares Outstanding (Diluted)	39	39	39	37	35	34
Shares Change (YoY)	-1.93%	-1.29%	7.54%	5.51%	2.21%	3.55%
EPS (Basic)	13.36	12.08	7.12	-0.77	-8.74	-9.64
EPS (Diluted)	12.90	11.68	6.77	-0.77	-8.74	-9.64
EPS Growth	71.47%	72.57%	-	-	-	-
Free Cash Flow	-	628	36	-112	-	-
Free Cash Flow Per Share	-	16.17	0.92	-3.06	-	-
Gross Margin	61.70%	61.36%	62.91%	66.06%	60.92%	66.87%
Operating Margin	14.77%	13.55%	8.05%	-0.53%	-25.44%	-43.77%
Profit Margin	16.89%	15.74%	12.24%	-1.64%	-24.16%	-39.54%
Free Cash Flow Margin	-	21.82%	1.66%	-6.55%	-	-
EBITDA	593.5	527	238	6	-	-
EBITDA Margin	20.01%	18.31%	10.95%	0.35%	-	-
D&A For EBITDA	155.5	137	63	15	-	-
EBIT	438	390	175	-9	-319	-362
EBIT Margin	14.77%	13.55%	8.05%	-0.53%	-25.44%	-43.77%
Advertising Expenses	-	164	148	119	-	-

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.