Serendip Holdings Income Statement

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

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Revenue	51,163	25,124	19,787	15,195	13,805
Revenue Growth (YoY)	103.64%	26.97%	30.22%	10.07%	-4.53%
Cost of Revenue	43,273	20,880	16,536	12,730	11,678
Gross Profit	7,890	4,244	3,251	2,465	2,127
Selling, General & Admin	5,700	3,483	2,718	2,125	1,921
Other Operating Expenses	-	4	55	15	12
Operating Expenses	5,700	3,509	2,813	2,163	1,959
Operating Income	2,190	735	438	302	168
Interest Expense	-313	-117	-55	-85	-100
Interest & Investment Income	122	85	60	52	56
Earnings From Equity Investments	-	1	8	3	-
Currency Exchange Gain (Loss)	333	103	39	25	26
Other Non Operating Income (Expenses)	85	-74	105	49	-7
EBT Excluding Unusual Items	2,417	733	595	346	143
Gain (Loss) on Sale of Investments	2,969	2,385	-	61	102
Gain (Loss) on Sale of Assets	-	7	-	6	-
Asset Writedown	-396	-293	-6	-8	-648
Other Unusual Items	217	-	5	125	653
Pretax Income	5,207	2,832	594	530	250
Income Tax Expense	916	743	76	216	47
Earnings From Continuing Operations	4,291	2,089	518	314	203
Minority Interest in Earnings	-144	-1	-	-2	-4
Net Income	4,147	2,088	518	312	199
Net Income to Common	4,147	2,088	518	312	199
Net Income Growth	98.61%	303.09%	66.03%	56.78%	-50.00%
Shares Outstanding (Basic)	18	18	18	17	16
Shares Outstanding (Diluted)	19	18	18	18	17
Shares Change (YoY)	3.27%	0.34%	-0.40%	7.00%	34.80%
EPS (Basic)	227.25	115.62	29.57	17.85	12.23
EPS (Diluted)	222.30	115.60	28.82	17.29	11.84
EPS Growth	92.30%	301.08%	66.70%	46.03%	-62.72%
Free Cash Flow	839	-2,103	1,237	230	-473
Free Cash Flow Per Share	44.98	-116.42	68.72	12.73	-28.00
Gross Margin	15.42%	16.89%	16.43%	16.22%	15.41%
Operating Margin	4.28%	2.93%	2.21%	1.99%	1.22%
Profit Margin	8.11%	8.31%	2.62%	2.05%	1.44%
Free Cash Flow Margin	1.64%	-8.37%	6.25%	1.51%	-3.43%
EBITDA	4,353	2,014	1,709	1,374	1,108
EBITDA Margin	8.51%	8.02%	8.64%	9.04%	8.03%
D&A For EBITDA	2,163	1,279	1,271	1,072	940
EBIT	2,190	735	438	302	168
EBIT Margin	4.28%	2.93%	2.21%	1.99%	1.22%
Effective Tax Rate	17.59%	26.24%	12.80%	40.76%	18.80%

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