MICREED 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	7,671	6,776	5,936	4,668	3,029
Revenue Growth (YoY)	13.21%	14.15%	27.16%	54.11%	8.88%
Cost of Revenue	5,064	4,451	3,894	3,081	2,012
Gross Profit	2,607	2,325	2,042	1,587	1,017
Selling, General & Admin	2,199	1,889	1,645	1,318	1,012
Operating Expenses	2,199	1,952	1,720	1,393	1,076
Operating Income	408	373	322	194	-59
Interest & Investment Income	2	-	-	-	-
Other Non Operating Income (Expenses)	-1	-1	-1	1	3
EBT Excluding Unusual Items	409	372	321	195	-56
Asset Writedown	-2	-6	-6	-	-
Pretax Income	407	366	315	195	-56
Income Tax Expense	128	108	93	61	-19
Net Income	279	258	222	134	-37
Net Income to Common	279	258	222	134	-37
Net Income Growth	8.14%	16.22%	65.67%	-	-
Shares Outstanding (Basic)	7	7	2	2	2
Shares Outstanding (Diluted)	7	7	2	2	2
Shares Change (YoY)	0.15%	200.65%	0.58%	0.54%	2.47%
EPS (Basic)	42.23	39.13	101.36	61.53	-17.01
EPS (Diluted)	42.12	39.01	100.92	61.27	-17.01
EPS Growth	7.97%	-61.35%	64.71%	-	-
Free Cash Flow	393	199	356	154	65
Free Cash Flow Per Share	59.33	30.09	161.84	70.42	29.88
Gross Margin	33.98%	34.31%	34.40%	34.00%	33.58%
Operating Margin	5.32%	5.50%	5.42%	4.16%	-1.95%
Profit Margin	3.64%	3.81%	3.74%	2.87%	-1.22%
Free Cash Flow Margin	5.12%	2.94%	6.00%	3.30%	2.15%
EBITDA	468	432	394	268	5
EBITDA Margin	6.10%	6.38%	6.64%	5.74%	0.17%
D&A For EBITDA	60	59	72	74	64
EBIT	408	373	322	194	-59
EBIT Margin	5.32%	5.50%	5.42%	4.16%	-1.95%
Effective Tax Rate	31.45%	29.51%	29.52%	31.28%	-