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	Sep '25 Sep 30, 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	5,580	3,240	2,588	2,330	2,142	1,616
Revenue Growth (YoY)	115.61%	25.19%	11.07%	8.78%	32.55%	-33.06%
Cost of Revenue	2,259	1,952	1,609	1,466	1,377	1,414
Gross Profit	3,321	1,288	979	864	765	202
Selling, General & Admin	1,141	1,079	933	841	688	704
Other Operating Expenses	14	1	8	-	81	-2
Operating Expenses	1,220	1,145	1,035	894	811	747
Operating Income	2,101	143	-56	-30	-46	-545
Interest Expense	-10	-8	-12	-7	-7	-6
Interest & Investment Income	89	-	-	-	-	1
Currency Exchange Gain (Loss)	-2	-2	-	-	-	-
Other Non Operating Income (Expenses)	-2	-1	-	2	134	252
EBT Excluding Unusual Items	2,176	132	-68	-35	81	-298
Asset Writedown	-6	-6	-2	-7	-	-18
Pretax Income	2,170	126	-70	-42	81	-316
Income Tax Expense	712	49	128	-8	30	-100
Net Income	1,458	77	-198	-34	51	-216
Net Income to Common	1,458	77	-198	-34	51	-216
Shares Outstanding (Basic)	440	433	257	227	227	225
Shares Outstanding (Diluted)	445	438	257	227	227	226
Shares Change (YoY)	73.28%	70.34%	13.24%	-0.14%	0.69%	-0.17%
EPS (Basic)	3.32	0.18	-0.77	-0.15	0.23	-0.96
EPS (Diluted)	3.27	0.18	-0.77	-0.15	0.22	-0.96
Free Cash Flow	1,064	156	280	93	344	-117
Free Cash Flow Per Share	2.39	0.36	1.09	0.41	1.51	-0.52
Gross Margin	59.52%	39.75%	37.83%	37.08%	35.71%	12.50%
Operating Margin	37.65%	4.41%	-2.16%	-1.29%	-2.15%	-33.73%
Profit Margin	26.13%	2.38%	-7.65%	-1.46%	2.38%	-13.37%
Free Cash Flow Margin	19.07%	4.81%	10.82%	3.99%	16.06%	-7.24%
EBITDA	2,389	420	204	215	180	-294
EBITDA Margin	42.81%	12.96%	7.88%	9.23%	8.40%	-18.19%
D&A For EBITDA	288	277	260	245	226	251
EBIT	2,101	143	-56	-30	-46	-545
EBIT Margin	37.65%	4.41%	-2.16%	-1.29%	-2.15%	-33.73%
Effective Tax Rate	32.81%	38.89%	-	-	37.04%	-
Advertising Expenses	-	246	112	88	107	128

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