AppBank Inc. (TYO:6177)

AppBank Income Statement

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

Fiscal Year	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	490	388	342	547	1,323
Revenue Growth (YoY)	26.29%	13.45%	-37.48%	-58.66%	-7.03%
Cost of Revenue	470	361	275	341	739
Gross Profit	20	27	67	206	584
Selling, General & Admin	392	302	261	342	640
Operating Expenses	391	303	260	342	640
Operating Income	-371	-276	-193	-136	-56
Interest Expense	-	-	-	-	-2
Other Non Operating Income (Expenses)	-7	-4	-2	-1	1
EBT Excluding Unusual Items	-378	-280	-195	-137	-57
Gain (Loss) on Sale of Investments	-	-	-	-55	-
Gain (Loss) on Sale of Assets	-	-	24	10	-
Asset Writedown	-11	-13	-15	-1	-16
Other Unusual Items	-30	5	-	7	-
Pretax Income	-419	-288	-186	-176	-73
Income Tax Expense	2	-	-	1	1
Earnings From Continuing Operations	-421	-288	-186	-177	-74
Minority Interest in Earnings	-	-	-	-	4
Net Income	-421	-288	-186	-177	-70
Net Income to Common	-421	-288	-186	-177	-70
Shares Outstanding (Basic)	10	8	8	8	8
Shares Outstanding (Diluted)	10	8	8	8	8
Shares Change (YoY)	26.58%	2.36%	-	0.85%	12.20%
EPS (Basic)	-41.40	-35.85	-23.70	-22.55	-9.00
EPS (Diluted)	-41.40	-35.85	-23.70	-22.55	-9.00
Free Cash Flow	-306	-218	-222	-173	-7
Free Cash Flow Per Share	-30.09	-27.14	-28.29	-22.04	-0.90
Gross Margin	4.08%	6.96%	19.59%	37.66%	44.14%
Operating Margin	-75.71%	-71.13%	-56.43%	-24.86%	-4.23%
Profit Margin	-85.92%	-74.23%	-54.39%	-32.36%	-5.29%
Free Cash Flow Margin	-62.45%	-56.19%	-64.91%	-31.63%	-0.53%
EBITDA	-353	-264	-184	-132	-55
EBITDA Margin	-72.04%	-68.04%	-53.80%	-24.13%	-4.16%
D&A For EBITDA	18	12	9	4	1
EBIT	-371	-276	-193	-136	-56
EBIT Margin	-75.71%	-71.13%	-56.43%	-24.86%	-4.23%
Advertising Expenses	-	-	-	-	23

Updated Mar 29, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.