Shofu Inc. (TYO:7979)

Shofu Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Revenue	38,522	35,080	31,678	28,137	24,680	26,108
Revenue Growth (YoY)	15.55%	10.74%	12.58%	14.01%	-5.47%	4.79%
Cost of Revenue	15,568	14,084	12,979	11,970	11,083	11,423
Gross Profit	22,954	20,996	18,699	16,167	13,597	14,685
Selling, General & Admin	17,358	14,359	13,028	11,212	9,733	10,937
Research & Development	-	1,927	1,846	1,738	1,563	1,537
Operating Expenses	17,358	16,286	14,874	12,950	11,296	12,474
Operating Income	5,596	4,710	3,825	3,217	2,301	2,211
Interest Expense	-12	-22	-18	-12	-14	-11
Interest & Investment Income	275	251	198	136	116	123
Earnings From Equity Investments	5	-7	9	1	11	-
Currency Exchange Gain (Loss)	141	225	178	206	146	-135
Other Non Operating Income (Expenses)	-90	-41	46	108	-37	-202
EBT Excluding Unusual Items	5,915	5,116	4,238	3,656	2,523	1,986
Gain (Loss) on Sale of Investments	378	285	59	-	-	42
Gain (Loss) on Sale of Assets	-	-	-	-	11	-
Asset Writedown	-173	-173	-	-47	-63	-846
Other Unusual Items	52	52	112	-	-101	-
Pretax Income	6,172	5,280	4,409	3,609	2,370	1,182
Income Tax Expense	1,772	1,604	1,250	1,043	672	460
Earnings From Continuing Operations	4,400	3,676	3,159	2,566	1,698	722
Minority Interest in Earnings	-8	-21	-24	-20	-24	-18
Net Income	4,392	3,655	3,135	2,546	1,674	704
Net Income to Common	4,392	3,655	3,135	2,546	1,674	704
Net Income Growth	42.32%	16.59%	23.13%	52.09%	137.78%	-41.38%
Shares Outstanding (Basic)	36	35	36	36	35	32
Shares Outstanding (Diluted)	36	36	36	36	35	32
Shares Change (YoY)	-0.08%	-0.51%	0.07%	2.26%	9.04%	0.18%
EPS (Basic)	123.67	103.07	88.04	71.60	48.15	22.09
EPS (Diluted)	123.23	102.63	87.56	71.17	47.84	21.96
EPS Growth	42.43%	17.20%	23.04%	48.76%	117.80%	-41.42%
Free Cash Flow	-	1,473	1,625	2,772	1,781	490
Free Cash Flow Per Share	-	41.35	45.38	77.47	50.90	15.27
Dividend Per Share	39.000	31.000	23.500	18.500	14.500	13.000
Dividend Growth	50.00%	31.91%	27.03%	27.59%	11.54%	13.04%
Gross Margin	59.59%	59.85%	59.03%	57.46%	55.09%	56.25%
Operating Margin	14.53%	13.43%	12.07%	11.43%	9.32%	8.47%
Profit Margin	11.40%	10.42%	9.90%	9.05%	6.78%	2.70%
Free Cash Flow Margin	-	4.20%	5.13%	9.85%	7.22%	1.88%
EBITDA	6,811	5,878	4,796	4,118	3,256	3,189
EBITDA Margin	17.68%	16.76%	15.14%	14.64%	13.19%	12.21%
D&A For EBITDA	1,215	1,168	971	901	955	978
EBIT	5,596	4,710	3,825	3,217	2,301	2,211
EBIT Margin	14.53%	13.43%	12.07%	11.43%	9.32%	8.47%
Effective Tax Rate	28.71%	30.38%	28.35%	28.90%	28.35%	38.92%

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