Japan Investment Adviser Co., Ltd. (TYO:7172)

Japan Investment Adviser Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	39,535	31,129	21,818	18,045	14,105	17,707
Revenue Growth (YoY)	40.68%	42.68%	20.91%	27.93%	-20.34%	6.37%
Cost of Revenue	11,208	10,296	9,631	11,018	5,445	6,383
Gross Profit	28,327	20,833	12,187	7,027	8,660	11,324
Selling, General & Admin	8,919	7,752	5,998	5,082	4,287	3,749
Other Operating Expenses	970	970	696	646	599	565
Operating Expenses	9,889	8,722	6,694	5,728	4,886	4,314
Operating Income	18,438	12,111	5,493	1,299	3,774	7,010
Interest Expense	-1,958	-1,872	-2,012	-891	-550	-734
Interest & Investment Income	201	118	1,046	510	565	347
Earnings From Equity Investments	-775	391	371	300	-413	-
Currency Exchange Gain (Loss)	3,763	1,267	-601	5,484	1,849	-439
Other Non Operating Income (Expenses)	-1,390	-1,167	-1,045	-964	-708	-702
EBT Excluding Unusual Items	18,279	10,848	3,252	5,738	4,517	5,482
Gain (Loss) on Sale of Investments	1,072	-19	131	370	38	-
Gain (Loss) on Sale of Assets	10	787	415	161	187	581
Asset Writedown	-	-	-142	-	-	-
Other Unusual Items	-	-	-1	-	7	-
Pretax Income	19,361	11,616	3,655	6,269	4,749	6,063
Income Tax Expense	6,169	3,640	1,356	1,860	1,757	2,200
Earnings From Continuing Operations	13,192	7,976	2,299	4,409	2,992	3,863
Minority Interest in Earnings	-198	79	60	3	-71	-32
Net Income	12,994	8,055	2,359	4,412	2,921	3,831
Net Income to Common	12,994	8,055	2,359	4,412	2,921	3,831
Net Income Growth	288.11%	241.46%	-46.53%	51.04%	-23.75%	-15.90%
Shares Outstanding (Basic)	61	60	30	30	30	30
Shares Outstanding (Diluted)	61	60	30	30	30	30
Shares Change (YoY)	0.07%	100.22%	0.06%	0.03%	0.08%	-0.64%
EPS (Basic)	214.68	133.18	78.09	146.14	97.04	128.10
EPS (Diluted)	214.68	133.18	78.09	146.14	96.77	127.05
EPS Growth	239.35%	70.54%	-46.56%	51.02%	-23.83%	-15.41%
Free Cash Flow	-	-10,809	-18,155	-49,072	24,091	23,715
Free Cash Flow Per Share	-	-178.72	-601.01	-1625.40	798.18	786.34
Dividend Per Share	58.000	27.000	32.000	32.000	32.000	32.000
Dividend Growth	107.14%	-15.63%	-	-	-	45.45%
Gross Margin	71.65%	66.92%	55.86%	38.94%	61.40%	63.95%
Operating Margin	46.64%	38.91%	25.18%	7.20%	26.76%	39.59%
Profit Margin	32.87%	25.88%	10.81%	24.45%	20.71%	21.64%
Free Cash Flow Margin	-	-34.72%	-83.21%	-271.94%	170.80%	133.93%
EBITDA	18,860	12,526	5,909	1,828	4,315	7,111
EBITDA Margin	47.70%	40.24%	27.08%	10.13%	30.59%	40.16%
D&A For EBITDA	422.25	415	416	529	541	101
EBIT	18,438	12,111	5,493	1,299	3,774	7,010
EBIT Margin	46.64%	38.91%	25.18%	7.20%	26.76%	39.59%
Effective Tax Rate	31.86%	31.34%	37.10%	29.67%	37.00%	36.29%

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