NCXX Group Income Statement

Financials in millions JPY. Fiscal year is December - November.

Millions JPY. Fiscal year is Dec - Nov.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '25 Nov 30, 2025	Nov '24 Nov 30, 2024	Nov '23 Nov 30, 2023	Nov '22 Nov 30, 2022	Nov '21 Nov 30, 2021
Revenue	3,562	2,130	802	2,758	4,848
Revenue Growth (YoY)	67.23%	165.59%	-70.92%	-43.11%	-26.11%
Cost of Revenue	2,079	1,531	431	1,055	2,150
Gross Profit	1,483	599	371	1,703	2,698
Selling, General & Admin	1,706	693	484	1,203	2,876
Amortization of Goodwill & Intangibles	-	153	97	73	30
Operating Expenses	1,706	846	582	1,276	2,906
Operating Income	-223	-247	-211	427	-208
Interest Expense	-39	-2	-	-8	-24
Interest & Investment Income	8	-	19	20	21
Earnings From Equity Investments	-	-1	-6	-	-
Currency Exchange Gain (Loss)	-	-	-	96	26
Other Non Operating Income (Expenses)	4	20	31	-5	32
EBT Excluding Unusual Items	-250	-230	-167	530	-153
Gain (Loss) on Sale of Investments	790	6	-489	276	621
Gain (Loss) on Sale of Assets	1	-	17	-	-
Asset Writedown	-1,505	-36	-	-	-233
Other Unusual Items	-2	2	8	6	86
Pretax Income	-966	-258	-631	812	321
Income Tax Expense	-238	31	26	9	50
Earnings From Continuing Operations	-728	-289	-657	803	271
Minority Interest in Earnings	-	-	-	3	32
Net Income	-728	-289	-657	806	303
Net Income to Common	-728	-289	-657	806	303
Net Income Growth	-	-	-	166.01%	-
Shares Outstanding (Basic)	36	32	27	24	15
Shares Outstanding (Diluted)	36	32	27	24	15
Shares Change (YoY)	13.64%	17.57%	14.36%	59.44%	-
EPS (Basic)	-20.05	-9.05	-24.18	33.92	20.33
EPS (Diluted)	-20.05	-9.05	-24.18	33.92	20.33
EPS Growth	-	-	-	66.84%	-
Free Cash Flow	9	-363	-196	-298	-218
Free Cash Flow Per Share	0.25	-11.36	-7.21	-12.54	-14.63
Gross Margin	41.63%	28.12%	46.26%	61.75%	55.65%
Operating Margin	-6.26%	-11.60%	-26.31%	15.48%	-4.29%
Profit Margin	-20.44%	-13.57%	-81.92%	29.22%	6.25%
Free Cash Flow Margin	0.25%	-17.04%	-24.44%	-10.80%	-4.50%
EBITDA	39	-71	-97	519	-138
EBITDA Margin	1.09%	-3.33%	-12.10%	18.82%	-2.85%
D&A For EBITDA	262	176	114	92	70
EBIT	-223	-247	-211	427	-208
EBIT Margin	-6.26%	-11.60%	-26.31%	15.48%	-4.29%
Effective Tax Rate	-	-	-	1.11%	15.58%

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