Valqua, Ltd. (TYO:7995)

Valqua 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	60,495	61,744	62,178	53,167	44,717	48,212
Revenue Growth (YoY)	-3.61%	-0.70%	16.95%	18.90%	-7.25%	-5.92%
Cost of Revenue	36,056	36,438	36,440	31,667	27,199	30,237
Gross Profit	24,439	25,306	25,738	21,500	17,518	17,975
Selling, General & Admin	17,292	16,933	15,703	13,571	13,035	12,695
Research & Development	1,270	1,270	1,157	955	1,006	1,065
Operating Expenses	18,562	18,203	16,860	14,526	14,041	13,760
Operating Income	5,877	7,103	8,878	6,974	3,477	4,215
Interest Expense	-231	-191	-112	-60	-68	-63
Interest & Investment Income	111	101	58	49	46	62
Earnings From Equity Investments	157	207	32	29	13	14
Currency Exchange Gain (Loss)	84	28	19	56	19	-53
Other Non Operating Income (Expenses)	97	150	153	144	185	81
EBT Excluding Unusual Items	6,095	7,398	9,028	7,192	3,672	4,256
Gain (Loss) on Sale of Investments	181	2	175	-	968	127
Gain (Loss) on Sale of Assets	7	-	1,097	-	5	-
Asset Writedown	-336	-300	-257	-39	-88	-67
Legal Settlements	-42	-	-	-31	-54	-50
Other Unusual Items	-257	-1	-1	-1	2	3
Pretax Income	5,648	7,099	10,042	7,121	4,505	4,269
Income Tax Expense	1,878	2,150	2,806	2,085	1,356	1,273
Earnings From Continuing Operations	3,770	4,949	7,236	5,036	3,149	2,996
Minority Interest in Earnings	-44	-40	-490	-195	-59	-78
Net Income	3,726	4,909	6,746	4,841	3,090	2,918
Net Income to Common	3,726	4,909	6,746	4,841	3,090	2,918
Net Income Growth	-29.53%	-27.23%	39.35%	56.67%	5.89%	-28.60%
Shares Outstanding (Basic)	18	18	18	18	18	18
Shares Outstanding (Diluted)	18	18	18	18	18	18
Shares Change (YoY)	0.07%	-0.64%	0.04%	0.22%	0.22%	0.06%
EPS (Basic)	211.83	279.44	381.56	273.94	175.24	165.85
EPS (Diluted)	211.83	279.44	381.56	273.94	175.24	165.85
EPS Growth	-29.58%	-26.76%	39.29%	56.32%	5.66%	-28.65%
Free Cash Flow	-	-2,104	2,056	2,514	1,646	2,624
Free Cash Flow Per Share	-	-119.77	116.29	142.26	93.35	149.14
Dividend Per Share	150.000	150.000	150.000	125.000	95.000	100.000
Dividend Growth	-33.33%	-	20.00%	31.58%	-5.00%	5.26%
Gross Margin	40.40%	40.98%	41.39%	40.44%	39.17%	37.28%
Operating Margin	9.71%	11.50%	14.28%	13.12%	7.78%	8.74%
Profit Margin	6.16%	7.95%	10.85%	9.11%	6.91%	6.05%
Free Cash Flow Margin	-	-3.41%	3.31%	4.73%	3.68%	5.44%
EBITDA	8,443	9,715	11,551	9,473	5,943	6,314
EBITDA Margin	13.96%	15.73%	18.58%	17.82%	13.29%	13.10%
D&A For EBITDA	2,566	2,612	2,673	2,499	2,466	2,099
EBIT	5,877	7,103	8,878	6,974	3,477	4,215
EBIT Margin	9.71%	11.50%	14.28%	13.12%	7.78%	8.74%
Effective Tax Rate	33.25%	30.29%	27.94%	29.28%	30.10%	29.82%

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