Bitcoin Japan 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	Sep '25 Sep 30, 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	3,020	3,098	3,693	3,867	3,701	3,779
Revenue Growth (YoY)	-8.93%	-16.11%	-4.50%	4.49%	-2.06%	-31.87%
Cost of Revenue	2,039	2,089	2,590	2,673	2,581	2,806
Gross Profit	981	1,009	1,103	1,194	1,120	973
Selling, General & Admin	1,334	1,355	1,288	1,308	1,292	1,516
Operating Expenses	1,343	1,364	1,294	1,310	1,294	1,509
Operating Income	-362	-355	-191	-116	-174	-536
Interest & Investment Income	63	63	60	45	19	1
Currency Exchange Gain (Loss)	-3	-6	-	2	-	3
Other Non Operating Income (Expenses)	-31	-3	1	-1	8	2
EBT Excluding Unusual Items	-333	-301	-130	-70	-147	-530
Gain (Loss) on Sale of Investments	-	-	39	-	-	-
Gain (Loss) on Sale of Assets	-	-	1	-	-	-2
Asset Writedown	-42	-	-	-	-	-29
Other Unusual Items	-102	-97	116	-6	-47	-239
Pretax Income	-477	-398	26	-76	-194	-800
Income Tax Expense	7	9	7	2	13	9
Net Income	-484	-407	19	-78	-207	-809
Net Income to Common	-484	-407	19	-78	-207	-809
Shares Outstanding (Basic)	56	56	56	56	56	56
Shares Outstanding (Diluted)	56	56	56	56	56	56
EPS (Basic)	-8.61	-7.24	0.34	-1.39	-3.68	-14.38
EPS (Diluted)	-8.61	-7.24	0.34	-1.39	-3.68	-14.38
Free Cash Flow	-285	-348	62	-275	-223	-127
Free Cash Flow Per Share	-5.07	-6.19	1.10	-4.89	-3.96	-2.26
Gross Margin	32.48%	32.57%	29.87%	30.88%	30.26%	25.75%
Operating Margin	-11.99%	-11.46%	-5.17%	-3.00%	-4.70%	-14.18%
Profit Margin	-16.03%	-13.14%	0.51%	-2.02%	-5.59%	-21.41%
Free Cash Flow Margin	-9.44%	-11.23%	1.68%	-7.11%	-6.02%	-3.36%
EBITDA	-350	-346	-185	-112	-173	-519
EBITDA Margin	-11.59%	-11.17%	-5.01%	-2.90%	-4.67%	-13.73%
D&A For EBITDA	12	9	6	4	1	17
EBIT	-362	-355	-191	-116	-174	-536
EBIT Margin	-11.99%	-11.46%	-5.17%	-3.00%	-4.70%	-14.18%
Effective Tax Rate	-	-	26.92%	-	-	-
Advertising Expenses	-	47	61	80	36	45

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.