NETSTARS Co.,Ltd. (TYO:5590)

NETSTARS Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	4,788	3,902	3,720	2,987	1,963
Revenue Growth (YoY)	22.71%	4.89%	24.54%	52.16%	-
Cost of Revenue	1,122	924	1,099	1,122	934
Gross Profit	3,666	2,978	2,621	1,865	1,029
Selling, General & Admin	3,373	3,062	2,943	2,419	2,042
Operating Expenses	3,373	3,065	2,940	2,419	2,042
Operating Income	293.08	-87	-319	-554	-1,013
Interest & Investment Income	142.28	7	-	1	-
Earnings From Equity Investments	-7.94	-2	-	-	-
Currency Exchange Gain (Loss)	-5.7	-15	-12	-15	-9
Other Non Operating Income (Expenses)	11.65	70	2	1	8
EBT Excluding Unusual Items	433.37	-27	-329	-567	-1,014
Merger & Restructuring Charges	-40.94	-	-	-	-
Gain (Loss) on Sale of Investments	9.75	5	-	-	-
Gain (Loss) on Sale of Assets	-	-	-9	-1	-
Asset Writedown	-0.01	-9	-4	-	-
Other Unusual Items	-	-	-1	-1	-
Pretax Income	402.16	-31	-343	-569	-1,014
Income Tax Expense	-82.85	6	4	3	3
Net Income	485.02	-37	-347	-572	-1,017
Net Income to Common	485.02	-37	-347	-572	-1,017
Shares Outstanding (Basic)	17	17	16	16	16
Shares Outstanding (Diluted)	17	17	16	16	16
Shares Change (YoY)	2.39%	3.22%	1.18%	-	-
EPS (Basic)	28.99	-2.22	-21.47	-35.80	-63.65
EPS (Diluted)	28.39	-2.22	-21.47	-35.80	-63.65
Free Cash Flow	2,363	7,506	5,994	-	-
Free Cash Flow Per Share	138.32	449.86	370.81	-	-
Gross Margin	76.56%	76.32%	70.46%	62.44%	52.42%
Operating Margin	6.12%	-2.23%	-8.58%	-18.55%	-51.61%
Profit Margin	10.13%	-0.95%	-9.33%	-19.15%	-51.81%
Free Cash Flow Margin	49.35%	192.36%	161.13%	-	-
EBITDA	538.48	137	-113	-	-
EBITDA Margin	11.25%	3.51%	-3.04%	-	-
D&A For EBITDA	245.4	224	206	-	-
EBIT	293.08	-87	-319	-554	-1,013
EBIT Margin	6.12%	-2.23%	-8.58%	-18.55%	-51.61%
Advertising Expenses	-	131	86	-	-

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