Convano Income Statement

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

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Revenue	10,095	3,240	2,588	2,330	2,142	1,616
Revenue Growth (YoY)	264.44%	25.19%	11.07%	8.78%	32.55%	-33.06%
Cost of Revenue	4,714	1,952	1,609	1,466	1,377	1,414
Gross Profit	5,381	1,288	979	864	765	202
Selling, General & Admin	1,363	1,079	933	841	688	704
Other Operating Expenses	-679	1	8	-	81	-2
Operating Expenses	749	1,145	1,035	894	811	747
Operating Income	4,632	143	-56	-30	-46	-545
Interest Expense	-15	-8	-12	-7	-7	-6
Interest & Investment Income	96	-	-	-	-	1
Currency Exchange Gain (Loss)	-2	-2	-	-	-	-
Other Non Operating Income (Expenses)	-1	-1	-	2	134	252
EBT Excluding Unusual Items	4,710	132	-68	-35	81	-298
Asset Writedown	-6	-6	-2	-7	-	-18
Pretax Income	4,704	126	-70	-42	81	-316
Income Tax Expense	1,584	49	128	-8	30	-100
Net Income	3,120	77	-198	-34	51	-216
Net Income to Common	3,120	77	-198	-34	51	-216
Shares Outstanding (Basic)	456	433	257	227	227	225
Shares Outstanding (Diluted)	461	438	257	227	227	226
Shares Change (YoY)	28.12%	70.34%	13.24%	-0.14%	0.69%	-0.17%
EPS (Basic)	6.84	0.18	-0.77	-0.15	0.23	-0.96
EPS (Diluted)	6.76	0.18	-0.77	-0.15	0.22	-0.96
Free Cash Flow	2,388	156	280	93	344	-117
Free Cash Flow Per Share	5.18	0.36	1.09	0.41	1.51	-0.52
Gross Margin	53.30%	39.75%	37.83%	37.08%	35.71%	12.50%
Operating Margin	45.88%	4.41%	-2.16%	-1.29%	-2.15%	-33.73%
Profit Margin	30.91%	2.38%	-7.65%	-1.46%	2.38%	-13.37%
Free Cash Flow Margin	23.66%	4.81%	10.82%	3.99%	16.06%	-7.24%
EBITDA	4,912	420	204	215	180	-294
EBITDA Margin	48.66%	12.96%	7.88%	9.23%	8.40%	-18.19%
D&A For EBITDA	280	277	260	245	226	251
EBIT	4,632	143	-56	-30	-46	-545
EBIT Margin	45.88%	4.41%	-2.16%	-1.29%	-2.15%	-33.73%
Effective Tax Rate	33.67%	38.89%	-	-	37.04%	-
Advertising Expenses	-	246	112	88	107	128

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.