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	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	1,380	1,308	1,247	1,159	1,101	895
Revenue Growth (YoY)	18.15%	4.89%	7.59%	5.27%	23.02%	18.39%
Cost of Revenue	824	865	928	809	1,160	595
Gross Profit	556	443	319	350	-59	300
Selling, General & Admin	840	852	888	899	865	938
Operating Expenses	877	889	923	907	872	955
Operating Income	-321	-446	-604	-557	-931	-655
Interest Expense	-	-	-	-	-2	-5
Interest & Investment Income	12	5	-	-	-	-
Currency Exchange Gain (Loss)	10	4	10	9	21	-14
Other Non Operating Income (Expenses)	-4	-6	4	1	30	-34
EBT Excluding Unusual Items	-303	-443	-590	-547	-882	-708
Gain (Loss) on Sale of Assets	-	-	-12	-	-	-
Asset Writedown	-	-	-37	-	-16	-168
Other Unusual Items	-	-	-	-	21	-
Pretax Income	-303	-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	-305	-445	-642	-550	-880	-879
Net Income to Common	-305	-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)	0.08%	0.31%	14.69%	3.69%	31.07%	55.58%
EPS (Basic)	-7.30	-10.66	-15.42	-15.15	-25.14	-32.91
EPS (Diluted)	-7.30	-10.66	-15.42	-15.15	-25.14	-32.91
Free Cash Flow	-380	-674	-575	-530	-760	-865
Free Cash Flow Per Share	-9.10	-16.14	-13.81	-14.60	-21.71	-32.39
Gross Margin	40.29%	33.87%	25.58%	30.20%	-5.36%	33.52%
Operating Margin	-23.26%	-34.10%	-48.44%	-48.06%	-84.56%	-73.18%
Profit Margin	-22.10%	-34.02%	-51.48%	-47.46%	-79.93%	-98.21%
Free Cash Flow Margin	-27.54%	-51.53%	-46.11%	-45.73%	-69.03%	-96.65%
EBITDA	-223	-348	-509	-489	-881	-584
EBITDA Margin	-16.16%	-26.61%	-40.82%	-42.19%	-80.02%	-65.25%
D&A For EBITDA	98	98	95	68	50	71
EBIT	-321	-446	-604	-557	-931	-655
EBIT Margin	-23.26%	-34.10%	-48.44%	-48.06%	-84.56%	-73.18%

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