note inc. Income Statement

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

Millions JPY. Fiscal year is Dec - Nov.

Fiscal Year	TTM	FY 2024	FY 2023
Period Ending	Feb '25 Feb 28, 2025	Nov '24 Nov 30, 2024	Nov '23 Nov 30, 2023
Revenue	3,465	3,312	2,777
Revenue Growth (YoY)	-	19.26%	-
Cost of Revenue	213	202	209.85
Gross Profit	3,252	3,110	2,567
Selling, General & Admin	3,187	3,057	2,947
Operating Expenses	3,187	3,057	2,947
Operating Income	65	53	-380.22
Interest Expense	-	-	-0.76
Interest & Investment Income	-	-	0.02
Currency Exchange Gain (Loss)	-9	-10	-6.41
Other Non Operating Income (Expenses)	29	33	-3.87
EBT Excluding Unusual Items	85	76	-391.23
Merger & Restructuring Charges	-	-	-29.89
Gain (Loss) on Sale of Assets	-	-	1.04
Other Unusual Items	-	-	7.73
Pretax Income	85	76	-412.35
Income Tax Expense	-21	-22	2.5
Net Income	106	98	-414.84
Net Income to Common	106	98	-414.84
Shares Outstanding (Basic)	15	15	15
Shares Outstanding (Diluted)	16	15	15
Shares Change (YoY)	-	2.46%	-
EPS (Basic)	6.85	6.38	-27.50
EPS (Diluted)	6.81	6.34	-27.50
Free Cash Flow	-	224	-358.94
Free Cash Flow Per Share	-	14.49	-23.79
Gross Margin	93.85%	93.90%	92.44%
Operating Margin	1.88%	1.60%	-13.69%
Profit Margin	3.06%	2.96%	-14.94%
Free Cash Flow Margin	-	6.76%	-12.93%
EBITDA	73.05	62	-367.42
EBITDA Margin	2.11%	1.87%	-13.23%
D&A For EBITDA	8.05	9	12.8
EBIT	65	53	-380.22
EBIT Margin	1.88%	1.60%	-13.69%

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