GMO Media Income Statement

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	7,115	6,606	6,266	5,587	8,575
Revenue Growth (YoY)	7.70%	5.43%	12.15%	-34.84%	71.53%
Cost of Revenue	3,751	3,637	3,484	3,292	6,417
Gross Profit	3,364	2,969	2,782	2,295	2,158
Selling, General & Admin	2,462	1,975	2,021	1,822	2,014
Other Operating Expenses	-	231	227	163	94
Operating Expenses	2,462	2,206	2,248	1,985	2,109
Operating Income	902	763	534	310	49
Interest & Investment Income	10	3	-	-	9
Other Non Operating Income (Expenses)	-17	-2	-2	-4	2
EBT Excluding Unusual Items	895	764	532	306	60
Gain (Loss) on Sale of Assets	-8	-	-	-	-
Asset Writedown	-	-6	-6	-39	-
Pretax Income	887	758	526	267	60
Income Tax Expense	241	187	165	84	53
Net Income	646	571	361	183	7
Net Income to Common	646	571	361	183	7
Net Income Growth	13.13%	58.17%	97.27%	2514.29%	-
Shares Outstanding (Basic)	2	2	2	2	2
Shares Outstanding (Diluted)	2	2	2	2	2
Shares Change (YoY)	1.13%	2.10%	2.28%	0.90%	-0.52%
EPS (Basic)	360.05	326.06	209.38	106.83	4.09
EPS (Diluted)	354.23	316.84	204.58	105.97	4.09
EPS Growth	11.80%	54.87%	93.05%	2490.97%	-
Free Cash Flow	-	497	589	386	506
Free Cash Flow Per Share	-	275.61	333.48	223.52	295.65
Dividend Per Share	-	163.000	105.000	54.000	-
Dividend Growth	-	55.24%	94.44%	-	-
Gross Margin	47.28%	44.94%	44.40%	41.08%	25.17%
Operating Margin	12.68%	11.55%	8.52%	5.55%	0.57%
Profit Margin	9.08%	8.64%	5.76%	3.28%	0.08%
Free Cash Flow Margin	-	7.52%	9.40%	6.91%	5.90%
EBITDA	954	815	580	354	85
EBITDA Margin	13.41%	12.34%	9.26%	6.34%	0.99%
D&A For EBITDA	52	52	46	44	36
EBIT	902	763	534	310	49
EBIT Margin	12.68%	11.55%	8.52%	5.55%	0.57%
Effective Tax Rate	27.17%	24.67%	31.37%	31.46%	88.33%
Advertising Expenses	-	195	251	321	681

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