Washhouse 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	2,529	2,083	1,914	1,921	2,132
Revenue Growth (YoY)	21.41%	8.83%	-0.36%	-9.90%	-2.29%
Cost of Revenue	1,730	1,282	1,182	1,253	1,506
Gross Profit	799	801	732	668	626
Selling, General & Admin	779	718	666	678	721
Operating Expenses	779	778	718	723	767
Operating Income	20	23	14	-55	-141
Interest Expense	-15	-9	-9	-9	-7
Interest & Investment Income	1	-	1	1	1
Other Non Operating Income (Expenses)	56	10	20	89	7
EBT Excluding Unusual Items	62	24	26	26	-140
Gain (Loss) on Sale of Assets	-	-	-	34	-1
Asset Writedown	-32	-15	-50	-17	-26
Other Unusual Items	-	32	-	-16	-
Pretax Income	30	41	-24	27	-167
Income Tax Expense	19	11	10	16	9
Earnings From Continuing Operations	11	30	-34	11	-176
Net Income to Company	11	30	-34	11	-176
Minority Interest in Earnings	-1	1	1	-	-
Net Income	10	31	-33	11	-176
Net Income to Common	10	31	-33	11	-176
Net Income Growth	-67.74%	-	-	-	-
Shares Outstanding (Basic)	7	7	7	7	7
Shares Outstanding (Diluted)	7	7	7	7	7
Shares Change (YoY)	-	0.08%	-0.30%	0.60%	0.21%
EPS (Basic)	1.44	4.48	-4.77	1.59	-25.51
EPS (Diluted)	1.44	4.48	-4.77	1.59	-25.51
EPS Growth	-67.74%	-	-	-	-
Free Cash Flow	-127	123	32	-48	-189
Free Cash Flow Per Share	-18.34	17.76	4.62	-6.92	-27.39
Gross Margin	31.59%	38.45%	38.25%	34.77%	29.36%
Operating Margin	0.79%	1.10%	0.73%	-2.86%	-6.61%
Profit Margin	0.40%	1.49%	-1.72%	0.57%	-8.25%
Free Cash Flow Margin	-5.02%	5.91%	1.67%	-2.50%	-8.87%
EBITDA	188	184	176	108	25
EBITDA Margin	7.43%	8.83%	9.20%	5.62%	1.17%
D&A For EBITDA	168	161	162	163	166
EBIT	20	23	14	-55	-141
EBIT Margin	0.79%	1.10%	0.73%	-2.86%	-6.61%
Effective Tax Rate	63.33%	26.83%	-	59.26%	-

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