Iceco Income Statement

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

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Revenue	56,981	54,717	50,498	44,886	42,264	40,551
Revenue Growth (YoY)	5.52%	8.36%	12.50%	6.20%	4.22%	10.41%
Cost of Revenue	47,081	45,144	41,843	37,082	34,684	33,104
Gross Profit	9,900	9,573	8,655	7,804	7,580	7,447
Selling, General & Admin	8,718	8,569	7,888	7,350	6,887	6,281
Operating Expenses	9,094	8,945	8,203	7,687	7,227	6,647
Operating Income	806	628	452	117	353	800
Interest Expense	-35	-23	-15	-16	-20	-25
Interest & Investment Income	14	10	10	10	11	10
Other Non Operating Income (Expenses)	44	66	49	68	64	69
EBT Excluding Unusual Items	829	681	496	179	408	854
Gain (Loss) on Sale of Investments	-	9	-	-	-	-
Gain (Loss) on Sale of Assets	-16	-	-	-	-	-
Asset Writedown	-	-	-50	-3	-46	-
Other Unusual Items	-	-	30	44	-3	2
Pretax Income	813	690	476	220	359	856
Income Tax Expense	254	209	158	76	104	333
Net Income to Company	-	481	318	144	255	523
Net Income	559	481	318	144	255	523
Net Income to Common	559	481	318	144	255	523
Net Income Growth	66.87%	51.26%	120.83%	-43.53%	-51.24%	263.19%
Shares Outstanding (Basic)	4	4	2	2	2	2
Shares Outstanding (Diluted)	4	4	2	2	2	2
Shares Change (YoY)	15.59%	104.82%	0.76%	0.10%	21.41%	-
EPS (Basic)	142.75	123.29	164.21	75.10	134.77	325.86
EPS (Diluted)	138.14	119.48	161.79	73.82	130.86	325.86
EPS Growth	44.36%	-26.15%	119.17%	-43.59%	-59.84%	263.19%
Free Cash Flow	-	-562	545	84	661	876
Free Cash Flow Per Share	-	-139.60	277.28	43.06	339.21	545.79
Gross Margin	17.37%	17.50%	17.14%	17.39%	17.94%	18.37%
Operating Margin	1.42%	1.15%	0.90%	0.26%	0.83%	1.97%
Profit Margin	0.98%	0.88%	0.63%	0.32%	0.60%	1.29%
Free Cash Flow Margin	-	-1.03%	1.08%	0.19%	1.56%	2.16%
EBITDA	1,233	1,009	772	459	698	1,170
EBITDA Margin	2.16%	1.84%	1.53%	1.02%	1.65%	2.89%
D&A For EBITDA	426.75	381	320	342	345	370
EBIT	806	628	452	117	353	800
EBIT Margin	1.42%	1.15%	0.90%	0.26%	0.83%	1.97%
Effective Tax Rate	31.24%	30.29%	33.19%	34.54%	28.97%	38.90%

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