adish 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	3,696	3,592	3,520	3,420	2,992
Revenue Growth (YoY)	2.90%	2.04%	2.92%	14.31%	9.88%
Cost of Revenue	2,704	2,630	2,521	2,169	1,897
Gross Profit	992	962	999	1,251	1,095
Selling, General & Admin	989	1,094	1,171	1,153	1,043
Operating Expenses	989	1,094	1,171	1,153	1,043
Operating Income	3	-132	-172	98	52
Interest Expense	-4	-3	-1	-1	-1
Currency Exchange Gain (Loss)	-	-	-1	-1	-
Other Non Operating Income (Expenses)	20	18	1	12	18
EBT Excluding Unusual Items	19	-117	-173	108	69
Asset Writedown	-	-	-3	-	-
Pretax Income	19	-117	-176	108	69
Income Tax Expense	20	-2	18	31	21
Earnings From Continuing Operations	-1	-115	-194	77	48
Minority Interest in Earnings	-	-	1	-	-
Net Income	-1	-115	-193	77	48
Net Income to Common	-1	-115	-193	77	48
Net Income Growth	-	-	-	60.42%	-
Shares Outstanding (Basic)	2	2	2	2	2
Shares Outstanding (Diluted)	2	2	2	2	2
Shares Change (YoY)	8.89%	-1.15%	-4.90%	0.57%	8.81%
EPS (Basic)	-0.53	-66.50	-110.32	42.87	26.85
EPS (Diluted)	-0.53	-66.50	-110.32	41.87	26.24
EPS Growth	-	-	-	59.57%	-
Free Cash Flow	-13	-197	-269	78	70
Free Cash Flow Per Share	-6.90	-113.92	-153.76	42.40	38.27
Gross Margin	26.84%	26.78%	28.38%	36.58%	36.60%
Operating Margin	0.08%	-3.67%	-4.89%	2.86%	1.74%
Profit Margin	-0.03%	-3.20%	-5.48%	2.25%	1.60%
Free Cash Flow Margin	-0.35%	-5.48%	-7.64%	2.28%	2.34%
EBITDA	24	-112	-149	117	68
EBITDA Margin	0.65%	-3.12%	-4.23%	3.42%	2.27%
D&A For EBITDA	21	20	23	19	16
EBIT	3	-132	-172	98	52
EBIT Margin	0.08%	-3.67%	-4.89%	2.86%	1.74%
Effective Tax Rate	105.26%	-	-	28.70%	30.44%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.