Wintest Income Statement

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	429	417	407	210	307
Revenue Growth (YoY)	2.88%	2.46%	93.81%	-31.60%	-79.22%
Cost of Revenue	920	756	256	148	290
Gross Profit	-491	-339	151	62	17
Selling, General & Admin	511	517	477	508	482
Research & Development	216	227	232	247	266
Operating Expenses	727	744	709	755	748
Operating Income	-1,218	-1,083	-558	-693	-731
Interest Expense	-4	-11	-5	-4	-
Currency Exchange Gain (Loss)	-	-	13	11	56
Other Non Operating Income (Expenses)	2	-	-2	2	7
EBT Excluding Unusual Items	-1,220	-1,094	-552	-684	-668
Gain (Loss) on Sale of Investments	-	-	-	-	41
Gain (Loss) on Sale of Assets	2	-	-	-	-
Asset Writedown	-30	-9	-	-	-3
Other Unusual Items	8	-	-	-	-
Pretax Income	-1,240	-1,103	-552	-684	-630
Income Tax Expense	2	2	2	2	-1
Net Income	-1,242	-1,105	-554	-686	-629
Net Income to Common	-1,242	-1,105	-554	-686	-629
Shares Outstanding (Basic)	53	44	40	35	33
Shares Outstanding (Diluted)	53	44	40	35	33
Shares Change (YoY)	21.08%	9.32%	15.92%	4.51%	0.05%
EPS (Basic)	-23.44	-25.25	-13.84	-19.87	-19.04
EPS (Diluted)	-23.44	-25.25	-13.84	-19.87	-19.04
Free Cash Flow	-752	-663	-558	-613	-856
Free Cash Flow Per Share	-14.19	-15.15	-13.94	-17.75	-25.91
Gross Margin	-114.45%	-81.30%	37.10%	29.52%	5.54%
Operating Margin	-283.92%	-259.71%	-137.10%	-330.00%	-238.11%
Profit Margin	-289.51%	-264.99%	-136.12%	-326.67%	-204.89%
Free Cash Flow Margin	-175.29%	-158.99%	-137.10%	-291.90%	-278.83%
EBITDA	-1,210	-	-	-	-
EBITDA Margin	-282.05%	-	-	-	-
D&A For EBITDA	8	-	-	-	-
EBIT	-1,218	-1,083	-558	-693	-731
EBIT Margin	-283.92%	-259.71%	-137.10%	-	-238.11%

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