HouseFreedom 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	16,928	14,488	11,788	12,966	11,795
Revenue Growth (YoY)	16.84%	22.91%	-9.09%	9.93%	-3.03%
Cost of Revenue	11,890	10,126	7,901	9,150	8,301
Gross Profit	5,038	4,362	3,887	3,816	3,494
Selling, General & Admin	3,923	3,478	3,200	3,147	2,988
Other Operating Expenses	-	1	-	7	13
Operating Expenses	3,923	3,479	3,200	3,154	3,001
Operating Income	1,115	883	687	662	493
Interest Expense	-182	-132	-119	-112	-87
Interest & Investment Income	4	-	-	-	-
Other Non Operating Income (Expenses)	29	15	15	3	18
EBT Excluding Unusual Items	966	766	583	553	424
Gain (Loss) on Sale of Assets	-	-	2	-	23
Asset Writedown	-	-3	-4	-4	-
Other Unusual Items	-	-8	-	45	-
Pretax Income	966	755	581	594	447
Income Tax Expense	308	271	238	174	166
Net Income	658	484	343	420	281
Net Income to Common	658	484	343	420	281
Net Income Growth	35.95%	41.11%	-18.33%	49.47%	-49.73%
Shares Outstanding (Basic)	4	4	4	4	4
Shares Outstanding (Diluted)	4	4	4	4	4
Shares Change (YoY)	-3.19%	-1.83%	-	-	-
EPS (Basic)	171.66	122.24	85.05	104.14	69.67
EPS (Diluted)	171.66	122.24	85.05	104.14	69.67
EPS Growth	40.43%	43.74%	-18.33%	49.47%	-49.73%
Free Cash Flow	504	1,536	-1,046	-1,008	-3,313
Free Cash Flow Per Share	131.49	387.94	-259.35	-249.93	-821.44
Dividend Per Share	-	40.000	40.000	40.000	40.000
Gross Margin	29.76%	30.11%	32.97%	29.43%	29.62%
Operating Margin	6.59%	6.09%	5.83%	5.11%	4.18%
Profit Margin	3.89%	3.34%	2.91%	3.24%	2.38%
Free Cash Flow Margin	2.98%	10.60%	-8.87%	-7.77%	-28.09%
EBITDA	1,241	1,011	797	821	656
EBITDA Margin	7.33%	6.98%	6.76%	6.33%	5.56%
D&A For EBITDA	126	128	110	159	163
EBIT	1,115	883	687	662	493
EBIT Margin	6.59%	6.09%	5.83%	5.11%	4.18%
Effective Tax Rate	31.88%	35.89%	40.96%	29.29%	37.14%
Advertising Expenses	-	738	673	591	530

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.