Baycurrent Income Statement

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

Millions JPY. Fiscal year is Mar - Feb.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2016 - 2020
Period Ending	Feb '25 Feb 28, 2025	Feb '24 Feb 29, 2024	Feb '23 Feb 28, 2023	Feb '22 Feb 28, 2022	Feb '21 Feb 28, 2021	2016 - 2020
Revenue	116,056	93,909	76,090	57,465	42,828	Upgrade
Revenue Growth (YoY)	23.58%	23.42%	32.41%	34.18%	30.11%	Upgrade
Cost of Revenue	53,601	42,413	33,549	26,813	22,557	Upgrade
Gross Profit	62,455	51,496	42,541	30,652	20,271	Upgrade
Selling, General & Admin	19,845	16,824	12,475	8,993	6,479	Upgrade
Other Operating Expenses	-5	-	-	-	-	Upgrade
Operating Expenses	19,840	17,945	13,484	10,003	7,625	Upgrade
Operating Income	42,615	33,551	29,057	20,649	12,646	Upgrade
Interest Expense	-69	-19	-24	-29	-36	Upgrade
Other Non Operating Income (Expenses)	-	-6	-4	-1	2	Upgrade
EBT Excluding Unusual Items	42,546	33,526	29,029	20,619	12,612	Upgrade
Asset Writedown	-	-	-	-	-16	Upgrade
Pretax Income	42,546	33,526	29,029	20,619	12,596	Upgrade
Income Tax Expense	11,786	8,878	8,003	5,949	3,483	Upgrade
Net Income	30,760	24,648	21,026	14,670	9,113	Upgrade
Net Income to Common	30,760	24,648	21,026	14,670	9,113	Upgrade
Net Income Growth	24.80%	17.23%	43.33%	60.98%	81.90%	Upgrade
Shares Outstanding (Basic)	152	153	153	153	153	Upgrade
Shares Outstanding (Diluted)	152	153	153	154	153	Upgrade
Shares Change (YoY)	-0.46%	-0.27%	-0.29%	0.14%	0.47%	Upgrade
EPS (Basic)	202.17	161.25	137.19	95.69	59.56	Upgrade
EPS (Diluted)	202.17	161.25	137.19	95.44	59.37	Upgrade
EPS Growth	25.38%	17.54%	43.74%	60.75%	81.04%	Upgrade
Free Cash Flow	31,782	19,647	20,339	15,223	11,237	Upgrade
Free Cash Flow Per Share	208.88	128.53	132.71	99.04	73.21	Upgrade
Dividend Per Share	62.000	-	-	-	-	Upgrade
Gross Margin	53.82%	54.84%	55.91%	53.34%	47.33%	Upgrade
Operating Margin	36.72%	35.73%	38.19%	35.93%	29.53%	Upgrade
Profit Margin	26.50%	26.25%	27.63%	25.53%	21.28%	Upgrade
Free Cash Flow Margin	27.38%	20.92%	26.73%	26.49%	26.24%	Upgrade
EBITDA	45,104	35,312	30,163	21,733	13,873	Upgrade
EBITDA Margin	38.86%	37.60%	39.64%	37.82%	32.39%	Upgrade
D&A For EBITDA	2,489	1,761	1,106	1,084	1,227	Upgrade
EBIT	42,615	33,551	29,057	20,649	12,646	Upgrade
EBIT Margin	36.72%	35.73%	38.19%	35.93%	29.53%	Upgrade
Effective Tax Rate	27.70%	26.48%	27.57%	28.85%	27.65%	Upgrade

Updated Jan 14, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.