HORIBA, Ltd. (TYO:6856)

HORIBA Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	317,369	290,558	270,133	224,314	187,080
Revenue Growth (YoY)	9.23%	7.56%	20.43%	19.90%	-6.57%
Cost of Revenue	180,514	163,174	153,459	131,091	110,648
Gross Profit	136,855	127,384	116,674	93,223	76,432
Selling, General & Admin	88,514	59,722	52,223	44,372	40,893
Research & Development	-	20,436	18,585	16,710	15,594
Operating Expenses	88,514	80,086	70,830	61,175	56,737
Operating Income	48,341	47,298	45,844	32,048	19,695
Interest Expense	-924	-722	-657	-516	-466
Interest & Investment Income	2,783	2,199	849	388	450
Currency Exchange Gain (Loss)	-651	-948	211	-245	-444
Other Non Operating Income (Expenses)	620	423	612	362	164
EBT Excluding Unusual Items	50,169	48,250	46,859	32,037	19,399
Gain (Loss) on Sale of Investments	-	6,594	25	134	554
Gain (Loss) on Sale of Assets	19	38	518	26	54
Asset Writedown	-1,358	-59	-132	-1,731	-51
Other Unusual Items	-	-1,121	1	-264	-1,135
Pretax Income	48,830	53,702	47,271	30,202	18,821
Income Tax Expense	15,233	13,400	13,199	8,891	5,634
Earnings From Continuing Operations	33,597	40,302	34,072	21,311	13,187
Minority Interest in Earnings	-6	-	-	-	1
Net Income	33,591	40,302	34,072	21,311	13,188
Net Income to Common	33,591	40,302	34,072	21,311	13,188
Net Income Growth	-16.65%	18.28%	59.88%	61.59%	-14.81%
Shares Outstanding (Basic)	42	42	42	42	42
Shares Outstanding (Diluted)	42	42	42	42	42
Shares Change (YoY)	-0.57%	0.09%	0.05%	0.05%	0.07%
EPS (Basic)	799.43	953.71	807.05	505.04	312.57
EPS (Diluted)	795.34	948.83	802.89	502.46	311.09
EPS Growth	-16.18%	18.18%	59.79%	61.52%	-14.87%
Free Cash Flow	22,183	7,803	22,327	23,073	17,637
Free Cash Flow Per Share	525.24	183.71	526.12	543.99	416.04
Dividend Per Share	245.000	290.000	245.000	150.000	90.000
Dividend Growth	-15.52%	18.37%	63.33%	66.67%	-30.77%
Gross Margin	43.12%	43.84%	43.19%	41.56%	40.86%
Operating Margin	15.23%	16.28%	16.97%	14.29%	10.53%
Profit Margin	10.58%	13.87%	12.61%	9.50%	7.05%
Free Cash Flow Margin	6.99%	2.69%	8.27%	10.29%	9.43%
EBITDA	61,400	59,900	57,192	42,488	29,313
EBITDA Margin	19.35%	20.62%	21.17%	18.94%	15.67%
D&A For EBITDA	13,059	12,602	11,348	10,440	9,618
EBIT	48,341	47,298	45,844	32,048	19,695
EBIT Margin	15.23%	16.28%	16.97%	14.29%	10.53%
Effective Tax Rate	31.20%	24.95%	27.92%	29.44%	29.93%

Source: S&P Capital IQ. Standard template. Financial Sources.