for Startups, Inc. (TYO:7089)

for Startups Income Statement

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

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Revenue	5,268	3,693	3,416	2,998	2,348
Revenue Growth (YoY)	42.65%	8.11%	13.94%	27.68%	-
Cost of Revenue	1,066	607	693	541	474
Gross Profit	4,202	3,086	2,723	2,457	1,874
Selling, General & Admin	3,082	2,556	2,238	1,856	1,354
Operating Expenses	3,082	2,633	2,299	1,872	1,386
Operating Income	1,120	453	424	585	488
Interest Expense	-6	-4	-	-	-
Interest & Investment Income	3	1	6	-	3
Earnings From Equity Investments	-69	-	-	-	-
Other Non Operating Income (Expenses)	7	-2	-3	2	1
EBT Excluding Unusual Items	1,055	448	427	587	492
Asset Writedown	-	-8	-	-	-
Other Unusual Items	-	-	-31	-	-
Pretax Income	1,055	440	396	587	492
Income Tax Expense	338	111	146	170	120
Earnings From Continuing Operations	717	329	250	417	372
Minority Interest in Earnings	100	24	135	25	10
Net Income	817	353	385	442	382
Net Income to Common	817	353	385	442	382
Net Income Growth	131.44%	-8.31%	-12.90%	15.71%	-
Shares Outstanding (Basic)	7	7	7	7	7
Shares Outstanding (Diluted)	7	7	7	7	7
Shares Change (YoY)	-7.32%	-2.37%	0.01%	0.15%	-
EPS (Basic)	124.02	49.70	53.82	62.32	55.26
EPS (Diluted)	123.76	49.66	52.91	60.64	55.26
EPS Growth	149.19%	-6.13%	-12.75%	9.75%	-
Free Cash Flow	963	-12	179	-119	557
Free Cash Flow Per Share	145.88	-1.69	24.54	-16.31	76.47
Gross Margin	79.77%	83.56%	79.71%	81.95%	79.81%
Operating Margin	21.26%	12.27%	12.41%	19.51%	20.78%
Profit Margin	15.51%	9.56%	11.27%	14.74%	16.27%
Free Cash Flow Margin	18.28%	-0.33%	5.24%	-3.97%	23.72%
EBITDA	1,163	530	479	601	520
EBITDA Margin	22.08%	14.35%	14.02%	20.05%	22.15%
D&A For EBITDA	43	77	55	16	32
EBIT	1,120	453	424	585	488
EBIT Margin	21.26%	12.27%	12.41%	19.51%	20.78%
Effective Tax Rate	32.04%	25.23%	36.87%	28.96%	24.39%

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