Echo Trading Income Statement

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

Millions JPY. Fiscal year is Mar - Feb.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Feb '26 Feb 28, 2026	Feb '25 Feb 28, 2025	Feb '24 Feb 29, 2024	Feb '23 Feb 28, 2023	Feb '22 Feb 28, 2022
Revenue	105,811	106,388	107,406	96,955	91,930
Revenue Growth (YoY)	-0.54%	-0.95%	10.78%	5.47%	7.33%
Cost of Revenue	94,025	94,343	94,981	85,765	81,147
Gross Profit	11,786	12,045	12,425	11,190	10,783
Selling, General & Admin	10,592	10,603	10,637	10,267	10,235
Operating Expenses	10,676	10,685	10,705	10,332	10,316
Operating Income	1,110	1,360	1,720	858	467
Interest Expense	-46	-29	-23	-25	-26
Interest & Investment Income	18	16	15	15	13
Other Non Operating Income (Expenses)	25	22	31	49	24
EBT Excluding Unusual Items	1,107	1,369	1,743	897	478
Gain (Loss) on Sale of Investments	67	-13	-35	-	-4
Gain (Loss) on Sale of Assets	-	205	-	-	-
Asset Writedown	-	-18	-	-	-
Other Unusual Items	-8	-2	-42	-19	-12
Pretax Income	1,166	1,541	1,666	878	462
Income Tax Expense	398	542	456	288	174
Earnings From Continuing Operations	768	999	1,210	590	288
Minority Interest in Earnings	10	2	3	-	-
Net Income	778	1,001	1,213	590	288
Net Income to Common	778	1,001	1,213	590	288
Net Income Growth	-22.28%	-17.48%	105.59%	104.86%	19.01%
Shares Outstanding (Basic)	6	6	6	6	6
Shares Outstanding (Diluted)	6	6	6	6	6
Shares Change (YoY)	0.50%	0.03%	-0.12%	-	-
EPS (Basic)	128.57	166.26	201.54	97.91	47.79
EPS (Diluted)	128.57	166.26	201.54	97.91	47.79
EPS Growth	-22.67%	-17.51%	105.84%	104.86%	19.01%
Free Cash Flow	3,962	-73	1,179	734	-2,344
Free Cash Flow Per Share	654.77	-12.13	195.89	121.80	-388.98
Dividend Per Share	30.000	30.000	28.000	24.000	22.000
Dividend Growth	-	7.14%	16.67%	9.09%	10.00%
Gross Margin	11.14%	11.32%	11.57%	11.54%	11.73%
Operating Margin	1.05%	1.28%	1.60%	0.89%	0.51%
Profit Margin	0.73%	0.94%	1.13%	0.61%	0.31%
Free Cash Flow Margin	3.74%	-0.07%	1.10%	0.76%	-2.55%
EBITDA	1,203	1,442	1,787	930	549
EBITDA Margin	1.14%	1.35%	1.66%	0.96%	0.60%
D&A For EBITDA	93	82	67	72	82
EBIT	1,110	1,360	1,720	858	467
EBIT Margin	1.05%	1.28%	1.60%	0.89%	0.51%
Effective Tax Rate	34.13%	35.17%	27.37%	32.80%	37.66%

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