Echo Trading Income Statement

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

Millions JPY. Fiscal year is Mar - Feb.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '25 Nov 30, 2025	Feb '25 Feb 28, 2025	Feb '24 Feb 29, 2024	Feb '23 Feb 28, 2023	Feb '22 Feb 28, 2022	Feb '21 Feb 28, 2021
Revenue	105,554	106,388	107,406	96,955	91,930	85,654
Revenue Growth (YoY)	-1.28%	-0.95%	10.78%	5.47%	7.33%	5.24%
Cost of Revenue	93,696	94,343	94,981	85,765	81,147	75,517
Gross Profit	11,858	12,045	12,425	11,190	10,783	10,137
Selling, General & Admin	10,680	10,603	10,637	10,267	10,235	9,747
Operating Expenses	10,762	10,685	10,705	10,332	10,316	9,821
Operating Income	1,096	1,360	1,720	858	467	316
Interest Expense	-42	-29	-23	-25	-26	-25
Interest & Investment Income	19	16	15	15	13	12
Other Non Operating Income (Expenses)	29	22	31	49	24	5
EBT Excluding Unusual Items	1,102	1,369	1,743	897	478	308
Gain (Loss) on Sale of Investments	-12	-13	-35	-	-4	19
Gain (Loss) on Sale of Assets	-	205	-	-	-	-
Asset Writedown	-18	-18	-	-	-	-
Other Unusual Items	-2	-2	-42	-19	-12	-6
Pretax Income	1,070	1,541	1,666	878	462	321
Income Tax Expense	393	542	456	288	174	77
Earnings From Continuing Operations	677	999	1,210	590	288	244
Minority Interest in Earnings	6	2	3	-	-	-2
Net Income	683	1,001	1,213	590	288	242
Net Income to Common	683	1,001	1,213	590	288	242
Net Income Growth	-33.82%	-17.48%	105.59%	104.86%	19.01%	414.89%
Shares Outstanding (Basic)	6	6	6	6	6	6
Shares Outstanding (Diluted)	6	6	6	6	6	6
Shares Change (YoY)	0.51%	0.03%	-0.12%	-	-	-0.02%
EPS (Basic)	113.05	166.26	201.54	97.91	47.79	40.16
EPS (Diluted)	113.05	166.26	201.54	97.91	47.79	40.16
EPS Growth	-34.16%	-17.51%	105.84%	104.86%	19.01%	415.02%
Free Cash Flow	-	-73	1,179	734	-2,344	521
Free Cash Flow Per Share	-	-12.13	195.89	121.80	-388.98	86.46
Dividend Per Share	15.000	30.000	28.000	24.000	22.000	20.000
Dividend Growth	-48.28%	7.14%	16.67%	9.09%	10.00%	-
Gross Margin	11.23%	11.32%	11.57%	11.54%	11.73%	11.83%
Operating Margin	1.04%	1.28%	1.60%	0.89%	0.51%	0.37%
Profit Margin	0.65%	0.94%	1.13%	0.61%	0.31%	0.28%
Free Cash Flow Margin	-	-0.07%	1.10%	0.76%	-2.55%	0.61%
EBITDA	1,189	1,442	1,787	930	549	390
EBITDA Margin	1.13%	1.35%	1.66%	0.96%	0.60%	0.46%
D&A For EBITDA	93.25	82	67	72	82	74
EBIT	1,096	1,360	1,720	858	467	316
EBIT Margin	1.04%	1.28%	1.60%	0.89%	0.51%	0.37%
Effective Tax Rate	36.73%	35.17%	27.37%	32.80%	37.66%	23.99%

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