THine Electronics Income Statement

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	4,885	4,639	4,614	5,018	5,456	4,441
Revenue Growth (YoY)	11.02%	0.54%	-8.05%	-8.03%	22.86%	54.25%
Cost of Revenue	2,685	2,354	2,086	2,583	2,469	1,892
Gross Profit	2,200	2,285	2,528	2,435	2,987	2,549
Selling, General & Admin	1,428	1,307	1,346	1,374	1,377	1,262
Research & Development	1,321	1,321	1,154	1,102	1,009	801
Operating Expenses	2,749	2,628	2,505	2,476	2,386	2,063
Operating Income	-549	-343	23	-41	601	486
Interest & Investment Income	10	8	2	1	-	2
Currency Exchange Gain (Loss)	122	-65	231	104	270	207
Other Non Operating Income (Expenses)	-5	-3	7	8	36	4
EBT Excluding Unusual Items	-422	-403	263	72	907	699
Gain (Loss) on Sale of Investments	56	134	83	-	-	27
Other Unusual Items	17	15	54	2	86	8
Pretax Income	-349	-254	400	74	993	734
Income Tax Expense	97	83	36	118	163	-2
Earnings From Continuing Operations	-446	-337	364	-44	830	736
Minority Interest in Earnings	-6	3	-25	-25	-10	-9
Net Income	-452	-334	339	-69	820	727
Net Income to Common	-452	-334	339	-69	820	727
Net Income Growth	-	-	-	-	12.79%	-
Shares Outstanding (Basic)	11	11	11	11	11	11
Shares Outstanding (Diluted)	11	11	11	11	11	11
Shares Change (YoY)	-1.10%	-0.85%	-0.56%	0.02%	0.19%	0.01%
EPS (Basic)	-42.48	-31.27	31.74	-6.37	75.74	67.25
EPS (Diluted)	-42.48	-31.27	31.54	-6.37	75.71	67.25
EPS Growth	-	-	-	-	12.58%	-
Free Cash Flow	-423	-732	-145	286	-337	350
Free Cash Flow Per Share	-39.76	-68.53	-13.46	26.40	-31.11	32.38
Dividend Per Share	15.000	15.000	15.000	15.000	-	9.000
Gross Margin	45.04%	49.26%	54.79%	48.52%	54.75%	57.40%
Operating Margin	-11.24%	-7.39%	0.50%	-0.82%	11.02%	10.94%
Profit Margin	-9.25%	-7.20%	7.35%	-1.38%	15.03%	16.37%
Free Cash Flow Margin	-8.66%	-15.78%	-3.14%	5.70%	-6.18%	7.88%
EBITDA	-478	-269	120	172	774	644
EBITDA Margin	-9.79%	-5.80%	2.60%	3.43%	14.19%	14.50%
D&A For EBITDA	71	74	97	213	173	158
EBIT	-549	-343	23	-41	601	486
EBIT Margin	-11.24%	-7.39%	0.50%	-0.82%	11.02%	10.94%
Effective Tax Rate	-	-	9.00%	159.46%	16.41%	-

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