MRT Inc. Income Statement

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	4,276	4,165	5,407	8,738	4,469	2,562
Revenue Growth (YoY)	1.52%	-22.97%	-38.12%	95.53%	74.43%	3.39%
Cost of Revenue	1,373	1,429	1,908	3,142	916	805
Gross Profit	2,903	2,736	3,499	5,596	3,553	1,757
Selling, General & Admin	2,574	2,571	2,304	2,436	1,948	1,338
Other Operating Expenses	28	26	133	-2	159	1
Operating Expenses	2,860	2,855	2,665	2,618	2,286	1,493
Operating Income	43	-119	834	2,978	1,267	264
Interest Expense	-12	-7	-7	-11	-12	-13
Interest & Investment Income	9	1	1	1	-	1
Earnings From Equity Investments	-193	-211	-9	-	-	-
Other Non Operating Income (Expenses)	-4	-2	-1	-3	-1	-2
EBT Excluding Unusual Items	-157	-338	818	2,965	1,254	250
Gain (Loss) on Sale of Investments	6	6	39	-30	-	-12
Pretax Income	-151	-332	857	2,935	1,254	238
Income Tax Expense	20	3	319	754	451	80
Earnings From Continuing Operations	-171	-335	538	2,181	803	158
Minority Interest in Earnings	2	26	-21	-22	-29	-27
Net Income	-169	-309	517	2,159	774	131
Net Income to Common	-169	-309	517	2,159	774	131
Net Income Growth	-	-	-76.05%	178.94%	490.84%	424.00%
Shares Outstanding (Basic)	6	5	5	6	6	6
Shares Outstanding (Diluted)	6	5	5	6	6	6
Shares Change (YoY)	3.17%	-0.23%	-1.76%	-0.03%	0.01%	-2.09%
EPS (Basic)	-30.08	-56.52	94.40	387.35	139.22	23.59
EPS (Diluted)	-30.08	-56.52	94.37	387.21	138.79	23.59
EPS Growth	-	-	-75.63%	178.99%	488.34%	433.06%
Free Cash Flow	431	462	-208	4,494	-307	261
Free Cash Flow Per Share	76.72	84.50	-37.96	805.62	-55.02	46.78
Gross Margin	67.89%	65.69%	64.71%	64.04%	79.50%	68.58%
Operating Margin	1.01%	-2.86%	15.42%	34.08%	28.35%	10.30%
Profit Margin	-3.95%	-7.42%	9.56%	24.71%	17.32%	5.11%
Free Cash Flow Margin	10.08%	11.09%	-3.85%	51.43%	-6.87%	10.19%
EBITDA	294	139	1,062	3,162	1,446	418
EBITDA Margin	6.88%	3.34%	19.64%	36.19%	32.36%	16.31%
D&A For EBITDA	251	258	228	184	179	154
EBIT	43	-119	834	2,978	1,267	264
EBIT Margin	1.01%	-2.86%	15.42%	34.08%	28.35%	10.30%
Effective Tax Rate	-	-	37.22%	25.69%	35.97%	33.61%
Advertising Expenses	-	506	378	397	337	291

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