GMO Financial Holdings 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
Interest and Dividend Income	6,309	6,515	7,622	6,385	5,132
Total Interest Expense	3,045	3,418	3,294	2,261	1,700
Net Interest Income	3,264	3,097	4,328	4,124	3,432
Brokerage Commission	4,313	4,654	3,609	4,296	5,278
Trading & Principal Transactions	36,059	39,131	39,825	35,181	34,890
Other Revenue	2,837	2,969	376	671	624
Revenue Before Loan Losses	46,473	49,851	48,138	44,272	44,224
Provision for Loan Losses	86	9,534	3,132	3,801	26
Revenue	46,387	40,317	45,006	40,471	44,198
Revenue Growth (YoY)	15.06%	-10.42%	11.21%	-8.43%	28.97%
Salaries & Employee Benefits	5,157	5,144	5,310	5,458	6,258
Cost of Services Provided	19,787	21,044	20,421	20,642	19,233
Other Operating Expenses	2,510	1,965	1,270	1,450	1,481
Total Operating Expenses	30,519	31,390	30,554	31,321	28,800
Operating Income	15,868	8,927	14,452	9,150	15,398
Other Non-Operating Income (Expenses)	-610	-494	-346	-1,276	638
EBT Excluding Unusual Items	15,258	8,433	14,106	7,874	16,036
Gain (Loss) on Sale of Investments	-	-	24	-	-
Other Unusual Items	-246	-889	-1,380	-4,607	225
Pretax Income	15,012	7,544	12,750	3,267	16,261
Income Tax Expense	4,760	2,899	5,245	2,587	5,640
Earnings From Continuing Ops.	10,252	4,645	7,505	680	10,621
Minority Interest in Earnings	196	100	144	532	-763
Net Income	10,448	4,745	7,649	1,212	9,858
Net Income to Common	10,448	4,745	7,649	1,212	9,858
Net Income Growth	120.19%	-37.97%	531.11%	-87.70%	35.08%
Shares Outstanding (Basic)	118	118	117	114	113
Shares Outstanding (Diluted)	118	118	117	114	114
Shares Change (YoY)	-	0.89%	2.49%	-0.01%	-3.22%
EPS (Basic)	88.55	40.22	65.41	10.66	86.90
EPS (Diluted)	88.55	40.22	65.41	10.62	86.40
EPS Growth	120.19%	-38.52%	515.89%	-87.71%	39.58%
Free Cash Flow	11,482	23,497	10,223	3,783	-32,965
Free Cash Flow Per Share	97.31	199.15	87.42	33.16	-288.90
Dividend Per Share	-	27.380	32.800	21.000	52.170
Dividend Growth	-	-16.52%	56.19%	-59.75%	39.42%
Operating Margin	34.21%	22.14%	32.11%	22.61%	34.84%
Profit Margin	22.52%	11.77%	17.00%	3.00%	22.30%
Free Cash Flow Margin	24.75%	58.28%	22.71%	9.35%	-74.59%
Effective Tax Rate	31.71%	38.43%	41.14%	79.19%	34.68%

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