Bitcoin Japan 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	2,959	3,098	3,693	3,867	3,701
Revenue Growth (YoY)	-4.49%	-16.11%	-4.50%	4.49%	-2.06%
Cost of Revenue	1,967	2,089	2,590	2,673	2,581
Gross Profit	992	1,009	1,103	1,194	1,120
Selling, General & Admin	1,445	1,355	1,288	1,308	1,292
Operating Expenses	1,454	1,364	1,294	1,310	1,294
Operating Income	-462	-355	-191	-116	-174
Interest & Investment Income	58	63	60	45	19
Currency Exchange Gain (Loss)	4	-6	-	2	-
Other Non Operating Income (Expenses)	-84	-3	1	-1	8
EBT Excluding Unusual Items	-484	-301	-130	-70	-147
Gain (Loss) on Sale of Investments	-	-	39	-	-
Gain (Loss) on Sale of Assets	-	-	1	-	-
Asset Writedown	-42	-	-	-	-
Other Unusual Items	-5	-97	116	-6	-47
Pretax Income	-531	-398	26	-76	-194
Income Tax Expense	6	9	7	2	13
Net Income	-537	-407	19	-78	-207
Net Income to Common	-537	-407	19	-78	-207
Shares Outstanding (Basic)	58	56	56	56	56
Shares Outstanding (Diluted)	58	56	56	56	56
Shares Change (YoY)	3.19%	-	-	-	-
EPS (Basic)	-9.25	-7.24	0.34	-1.39	-3.68
EPS (Diluted)	-9.25	-7.24	0.34	-1.39	-3.68
Free Cash Flow	-421	-348	62	-275	-223
Free Cash Flow Per Share	-7.25	-6.19	1.10	-4.89	-3.96
Gross Margin	33.52%	32.57%	29.87%	30.88%	30.26%
Operating Margin	-15.61%	-11.46%	-5.17%	-3.00%	-4.70%
Profit Margin	-18.15%	-13.14%	0.51%	-2.02%	-5.59%
Free Cash Flow Margin	-14.23%	-11.23%	1.68%	-7.11%	-6.02%
EBITDA	-453	-346	-185	-112	-173
EBITDA Margin	-15.31%	-11.17%	-5.01%	-2.90%	-4.67%
D&A For EBITDA	9	9	6	4	1
EBIT	-462	-355	-191	-116	-174
EBIT Margin	-15.61%	-11.46%	-5.17%	-3.00%	-4.70%
Effective Tax Rate	-	-	26.92%	-	-
Advertising Expenses	61	47	61	80	36

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