Baycurrent Income Statement

Financials in millions JPY. Fiscal year is March - February.

Millions JPY. Fiscal year is Mar - Feb.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2020	FY 2019
Period Ending	Nov '25 Nov 30, 2025	Feb '25 Feb 28, 2025	Feb '24 Feb 29, 2024	Feb '20 Feb 29, 2020	Feb '19 Feb 28, 2019
Revenue	138,467	116,056	93,909	32,978	24,294
Revenue Growth (YoY)	32.79%	23.58%	184.76%	35.74%	-
Cost of Revenue	60,584	53,601	42,643	18,671	14,168
Gross Profit	77,883	62,455	51,266	14,307	10,126
Selling, General & Admin	28,836	19,437	17,048	6,269	5,631
Other Operating Expenses	-14	-5	-1	-	-
Operating Expenses	28,822	19,840	17,047	6,269	5,631
Operating Income	49,061	42,615	34,219	8,038	4,495
Interest Expense	-58	-69	-59	-	-
Other Non Operating Income (Expenses)	-	-	-	-62	-109
Pretax Income	49,064	42,546	34,160	7,976	4,386
Income Tax Expense	13,461	11,786	8,778	2,064	1,283
Net Income	35,603	30,760	25,382	5,912	3,103
Net Income to Common	35,603	30,760	25,382	5,912	3,103
Net Income Growth	29.58%	21.19%	329.33%	90.53%	-
Shares Outstanding (Basic)	152	152	153	-	-
Shares Outstanding (Diluted)	152	152	153	-	-
Shares Change (YoY)	-0.39%	-0.46%	-	-	-
EPS (Basic)	234.36	202.17	166.05	-	-
EPS (Diluted)	234.36	202.17	166.05	-	-
EPS Growth	30.09%	21.75%	-	-	-
Free Cash Flow	34,372	31,782	20,716	-	-
Free Cash Flow Per Share	226.25	208.88	135.53	-	-
Dividend Per Share	87.000	62.000	43.000	9.000	-
Dividend Growth	74.00%	44.19%	377.78%	-	-
Gross Margin	56.25%	53.82%	54.59%	43.38%	41.68%
Operating Margin	35.43%	36.72%	36.44%	24.37%	18.50%
Profit Margin	25.71%	26.50%	27.03%	17.93%	12.77%
Free Cash Flow Margin	24.82%	27.38%	22.06%	-	-
EBITDA	51,489	45,104	36,634	-	-
EBITDA Margin	37.19%	38.86%	39.01%	-	-
D&A For EBITDA	2,428	2,489	2,415	-	-
EBIT	49,061	42,615	34,219	8,038	4,495
EBIT Margin	35.43%	36.72%	36.44%	24.37%	18.50%
Effective Tax Rate	27.44%	27.70%	25.70%	25.88%	29.25%

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