for Startups Income Statement

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

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Dec '24 Dec 31, 2024	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Revenue	3,648	3,416	2,998	2,348
Revenue Growth (YoY)	12.77%	13.94%	27.68%	-
Cost of Revenue	618.41	693	541	474
Gross Profit	3,030	2,723	2,457	1,874
Selling, General & Admin	2,600	2,238	1,856	1,354
Operating Expenses	2,661	2,299	1,872	1,386
Operating Income	368.28	424	585	488
Interest & Investment Income	6.21	6	-	3
Other Non Operating Income (Expenses)	-3.52	-3	2	1
EBT Excluding Unusual Items	368.65	427	587	492
Other Unusual Items	0.09	-31	-	-
Pretax Income	351.43	396	587	492
Income Tax Expense	82.64	146	170	120
Earnings From Continuing Operations	268.79	250	417	372
Minority Interest in Earnings	24.5	135	25	10
Net Income	293.29	385	442	382
Net Income to Common	293.29	385	442	382
Net Income Growth	-11.66%	-12.90%	15.71%	-
Shares Outstanding (Basic)	3	4	4	3
Shares Outstanding (Diluted)	3	4	4	4
Shares Change (YoY)	-6.19%	0.01%	0.15%	-
EPS (Basic)	81.19	107.64	124.65	110.51
EPS (Diluted)	81.19	105.82	121.29	110.51
EPS Growth	-10.95%	-12.75%	9.75%	-
Free Cash Flow	-	179	-119	557
Free Cash Flow Per Share	-	49.07	-32.63	152.94
Gross Margin	-	79.71%	81.95%	79.81%
Operating Margin	10.10%	12.41%	19.51%	20.78%
Profit Margin	8.04%	11.27%	14.74%	16.27%
Free Cash Flow Margin	-	5.24%	-3.97%	23.72%
EBITDA	452.53	479	601	520
EBITDA Margin	-	14.02%	20.05%	22.15%
D&A For EBITDA	84.25	55	16	32
EBIT	368.28	424	585	488
EBIT Margin	-	12.41%	19.51%	20.78%
Effective Tax Rate	-	36.87%	28.96%	24.39%

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