Asian Star Co. Income Statement

Financials in millions JPY. Fiscal year is January - December.

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	4,541	3,351	2,125	2,490	2,543
Revenue Growth (YoY)	35.51%	57.69%	-14.66%	-2.08%	30.34%
Cost of Revenue	3,415	2,504	1,305	1,669	1,730
Gross Profit	1,126	847	820	821	813
Selling, General & Admin	854	719	672	675	745
Amortization of Goodwill & Intangibles	31	32	29	27	23
Other Operating Expenses	29	34	37	41	34
Operating Expenses	930	796	767	772	816
Operating Income	196	51	53	49	-3
Interest Expense	-15	-6	-8	-12	-7
Interest & Investment Income	6	2	1	1	4
Currency Exchange Gain (Loss)	-2	4	2	-11	-3
Other Non Operating Income (Expenses)	-1	8	-2	15	13
EBT Excluding Unusual Items	184	59	46	42	4
Gain (Loss) on Sale of Investments	-22	-1	-	-	-2
Gain (Loss) on Sale of Assets	1	-	-	-	-
Asset Writedown	-	-	-	-3	-1
Other Unusual Items	-	-	-	35	1
Pretax Income	163	58	46	74	2
Income Tax Expense	42	26	6	19	23
Earnings From Continuing Operations	121	32	40	55	-21
Minority Interest in Earnings	-8	-14	-	-	-
Net Income	113	18	40	55	-21
Net Income to Common	113	18	40	55	-21
Net Income Growth	527.78%	-55.00%	-27.27%	-	-
Shares Outstanding (Basic)	24	24	21	19	19
Shares Outstanding (Diluted)	24	24	21	19	19
Shares Change (YoY)	0.06%	12.31%	9.88%	-	6.72%
EPS (Basic)	4.76	0.76	1.89	2.86	-1.09
EPS (Diluted)	4.76	0.76	1.89	2.86	-1.09
EPS Growth	527.39%	-59.93%	-33.81%	-	-
Free Cash Flow	-214	566	141	445	119
Free Cash Flow Per Share	-9.02	23.86	6.67	23.15	6.19
Gross Margin	24.80%	25.28%	38.59%	32.97%	31.97%
Operating Margin	4.32%	1.52%	2.49%	1.97%	-0.12%
Profit Margin	2.49%	0.54%	1.88%	2.21%	-0.83%
Free Cash Flow Margin	-4.71%	16.89%	6.64%	17.87%	4.68%
EBITDA	248	113	126	123	68
EBITDA Margin	5.46%	3.37%	5.93%	4.94%	2.67%
D&A For EBITDA	52	62	73	74	71
EBIT	196	51	53	49	-3
EBIT Margin	4.32%	1.52%	2.49%	1.97%	-0.12%
Effective Tax Rate	25.77%	44.83%	13.04%	25.68%	1150.00%
Advertising Expenses	25	17	18	19	19

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