QD Laser Income Statement

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

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Revenue	1,372	1,308	1,247	1,159	1,101
Revenue Growth (YoY)	4.89%	4.89%	7.59%	5.27%	23.02%
Cost of Revenue	795	865	928	809	1,160
Gross Profit	577	443	319	350	-59
Selling, General & Admin	904	852	888	899	865
Operating Expenses	905	889	923	907	872
Operating Income	-328	-446	-604	-557	-931
Interest Expense	-	-	-	-	-2
Interest & Investment Income	16	5	-	-	-
Currency Exchange Gain (Loss)	6	4	10	9	21
Other Non Operating Income (Expenses)	-1	-6	4	1	30
EBT Excluding Unusual Items	-307	-443	-590	-547	-882
Gain (Loss) on Sale of Investments	-1	-	-	-	-
Gain (Loss) on Sale of Assets	-	-	-12	-	-
Asset Writedown	-5	-	-37	-	-16
Other Unusual Items	-44	-	-	-	21
Pretax Income	-357	-443	-639	-547	-877
Income Tax Expense	-	2	3	3	3
Net Income to Company	-357	-445	-642	-550	-880
Net Income	-357	-445	-642	-550	-880
Net Income to Common	-357	-445	-642	-550	-880
Shares Outstanding (Basic)	42	42	42	36	35
Shares Outstanding (Diluted)	42	42	42	36	35
Shares Change (YoY)	0.04%	0.31%	14.69%	3.69%	31.07%
EPS (Basic)	-8.55	-10.66	-15.42	-15.15	-25.14
EPS (Diluted)	-8.55	-10.66	-15.42	-15.15	-25.14
Free Cash Flow	-1,212	-674	-575	-530	-760
Free Cash Flow Per Share	-29.01	-16.14	-13.81	-14.60	-21.71
Gross Margin	42.05%	33.87%	25.58%	30.20%	-5.36%
Operating Margin	-23.91%	-34.10%	-48.44%	-48.06%	-84.56%
Profit Margin	-26.02%	-34.02%	-51.48%	-47.46%	-79.93%
Free Cash Flow Margin	-88.34%	-51.53%	-46.11%	-45.73%	-69.03%
EBITDA	-230	-348	-509	-489	-881
EBITDA Margin	-16.76%	-26.61%	-40.82%	-42.19%	-80.02%
D&A For EBITDA	98	98	95	68	50
EBIT	-328	-446	-604	-557	-931
EBIT Margin	-23.91%	-34.10%	-48.44%	-48.06%	-84.56%

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