QD Laser 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	1,366	1,308	1,247	1,159	1,101	895
Revenue Growth (YoY)	7.76%	4.89%	7.59%	5.27%	23.02%	18.39%
Cost of Revenue	816.31	865	928	809	1,160	595
Gross Profit	549.92	443	319	350	-59	300
Selling, General & Admin	850.05	852	888	899	865	938
Operating Expenses	887.05	889	923	907	872	955
Operating Income	-337.13	-446	-604	-557	-931	-655
Interest Expense	-	-	-	-	-2	-5
Interest & Investment Income	13.36	5	-	-	-	-
Currency Exchange Gain (Loss)	-2.25	4	10	9	21	-14
Other Non Operating Income (Expenses)	2.44	-6	4	1	30	-34
EBT Excluding Unusual Items	-323.58	-443	-590	-547	-882	-708
Gain (Loss) on Sale of Assets	-	-	-12	-	-	-
Asset Writedown	-0.27	-	-37	-	-16	-168
Other Unusual Items	-14.23	-	-	-	21	-
Pretax Income	-338.08	-443	-639	-547	-877	-876
Income Tax Expense	2	2	3	3	3	3
Net Income to Company	-	-445	-642	-550	-880	-879
Net Income	-340.08	-445	-642	-550	-880	-879
Net Income to Common	-340.08	-445	-642	-550	-880	-879
Shares Outstanding (Basic)	42	42	42	36	35	27
Shares Outstanding (Diluted)	42	42	42	36	35	27
Shares Change (YoY)	0.01%	0.31%	14.69%	3.69%	31.07%	55.58%
EPS (Basic)	-8.14	-10.66	-15.42	-15.15	-25.14	-32.91
EPS (Diluted)	-8.14	-10.66	-15.42	-15.15	-25.14	-32.91
Free Cash Flow	-	-674	-575	-530	-760	-865
Free Cash Flow Per Share	-	-16.14	-13.81	-14.60	-21.71	-32.39
Gross Margin	-	33.87%	25.58%	30.20%	-5.36%	33.52%
Operating Margin	-24.68%	-34.10%	-48.44%	-48.06%	-84.56%	-73.18%
Profit Margin	-24.89%	-34.02%	-51.48%	-47.46%	-79.93%	-98.21%
Free Cash Flow Margin	-	-51.53%	-46.11%	-45.73%	-69.03%	-96.65%
EBITDA	-236.88	-348	-509	-489	-881	-584
EBITDA Margin	-	-26.61%	-40.82%	-42.19%	-80.02%	-65.25%
D&A For EBITDA	100.25	98	95	68	50	71
EBIT	-337.13	-446	-604	-557	-931	-655
EBIT Margin	-	-34.10%	-48.44%	-48.06%	-84.56%	-73.18%

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