Keisei Electric Railway Co., Ltd. (TYO: 9009)

Keisei Electric Railway 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	Sep 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Revenue	306,593	296,509	252,338	214,157	207,761	274,796
Revenue Growth (YoY)	9.01%	17.50%	17.83%	3.08%	-24.39%	5.06%
Cost of Revenue	223,508	221,788	198,178	181,034	189,096	207,148
Gross Profit	83,085	74,721	54,160	33,123	18,665	67,648
Selling, General & Admin	40,137	38,602	34,476	38,323	36,721	39,328
Other Operating Expenses	3,719	3,719	2,680	-	-	-
Operating Expenses	51,014	49,479	43,930	38,323	36,721	39,328
Operating Income	32,071	25,242	10,230	-5,200	-18,056	28,320
Interest Expense	-2,528	-2,558	-2,420	-2,375	-2,453	-2,426
Interest & Investment Income	596	570	468	466	534	675
Earnings From Equity Investments	23,614	25,927	17,401	508	-16,993	13,950
Other Non Operating Income (Expenses)	2,207	2,409	1,084	3,408	4,805	1,184
EBT Excluding Unusual Items	55,960	51,590	26,763	-3,193	-32,163	41,703
Gain (Loss) on Sale of Investments	68,713	70,853	8,128	1,122	-49	643
Gain (Loss) on Sale of Assets	-70	-	-	30	864	-
Asset Writedown	-2,394	-2,535	-3,379	-2,795	-1,702	-2,062
Other Unusual Items	2,366	2,031	1,345	1,944	717	672
Pretax Income	124,575	121,939	32,857	-2,892	-32,333	40,956
Income Tax Expense	34,654	32,653	4,892	773	-2,034	9,250
Earnings From Continuing Operations	89,921	89,286	27,965	-3,665	-30,299	31,706
Minority Interest in Earnings	-1,860	-1,629	-1,036	-773	10	-1,596
Net Income	88,061	87,657	26,929	-4,438	-30,289	30,110
Net Income to Common	88,061	87,657	26,929	-4,438	-30,289	30,110
Net Income Growth	171.59%	225.51%	-	-	-	-22.08%
Shares Outstanding (Basic)	494	501	500	506	506	507
Shares Outstanding (Diluted)	494	501	500	506	506	507
Shares Change (YoY)	-1.67%	0.35%	-1.19%	-0.04%	-0.29%	-0.10%
EPS (Basic)	178.31	174.86	53.90	-8.78	-59.88	59.36
EPS (Diluted)	178.31	174.86	53.90	-8.78	-59.88	59.36
EPS Growth	176.19%	224.38%	-	-	-	-22.00%
Free Cash Flow	-13,017	5,510	14,406	-9,404	-24,066	4,184
Free Cash Flow Per Share	-26.36	10.99	28.84	-18.60	-47.58	8.25
Dividend Per Share	12.000	10.333	6.667	5.667	5.667	5.667
Dividend Growth	46.94%	55.00%	17.65%	0%	0%	0%
Gross Margin	27.10%	25.20%	21.46%	15.47%	8.98%	24.62%
Operating Margin	10.46%	8.51%	4.05%	-2.43%	-8.69%	10.31%
Profit Margin	28.72%	29.56%	10.67%	-2.07%	-14.58%	10.96%
Free Cash Flow Margin	-4.25%	1.86%	5.71%	-4.39%	-11.58%	1.52%
EBITDA	64,984	58,594	41,846	25,283	12,184	57,405
EBITDA Margin	21.20%	19.76%	16.58%	11.81%	5.86%	20.89%
D&A For EBITDA	32,913	33,352	31,616	30,483	30,240	29,085
EBIT	32,071	25,242	10,230	-5,200	-18,056	28,320
EBIT Margin	10.46%	8.51%	4.05%	-2.43%	-8.69%	10.31%
Effective Tax Rate	27.82%	26.78%	14.89%	-	-	22.59%

Source: S&P Capital IQ. Standard template. Financial Sources.