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	Dec 31, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Revenue	312,082	296,509	252,338	214,157	207,761	274,796
Revenue Growth (YoY)	7.90%	17.50%	17.83%	3.08%	-24.39%	5.06%
Cost of Revenue	225,946	221,788	198,178	181,034	189,096	207,148
Gross Profit	86,136	74,721	54,160	33,123	18,665	67,648
Selling, General & Admin	51,878	38,602	34,476	38,323	36,721	39,328
Other Operating Expenses	-	3,719	2,680	-	-	-
Operating Expenses	51,878	49,479	43,930	38,323	36,721	39,328
Operating Income	34,258	25,242	10,230	-5,200	-18,056	28,320
Interest Expense	-2,611	-2,558	-2,420	-2,375	-2,453	-2,426
Interest & Investment Income	721	570	468	466	534	675
Earnings From Equity Investments	24,329	25,927	17,401	508	-16,993	13,950
Other Non Operating Income (Expenses)	2,007	2,409	1,084	3,408	4,805	1,184
EBT Excluding Unusual Items	58,704	51,590	26,763	-3,193	-32,163	41,703
Gain (Loss) on Sale of Investments	38,532	70,853	8,128	1,122	-49	643
Gain (Loss) on Sale of Assets	70,778	-	-	30	864	-
Asset Writedown	-2,436	-2,535	-3,379	-2,795	-1,702	-2,062
Other Unusual Items	2,533	2,031	1,345	1,944	717	672
Pretax Income	168,111	121,939	32,857	-2,892	-32,333	40,956
Income Tax Expense	53,864	32,653	4,892	773	-2,034	9,250
Earnings From Continuing Operations	114,247	89,286	27,965	-3,665	-30,299	31,706
Minority Interest in Earnings	-1,899	-1,629	-1,036	-773	10	-1,596
Net Income	112,348	87,657	26,929	-4,438	-30,289	30,110
Net Income to Common	112,348	87,657	26,929	-4,438	-30,289	30,110
Net Income Growth	181.57%	225.51%	-	-	-	-22.08%
Shares Outstanding (Basic)	490	501	500	506	506	507
Shares Outstanding (Diluted)	490	501	500	506	506	507
Shares Change (YoY)	-2.38%	0.35%	-1.19%	-0.04%	-0.29%	-0.10%
EPS (Basic)	229.08	174.86	53.90	-8.78	-59.88	59.36
EPS (Diluted)	229.08	174.86	53.90	-8.78	-59.88	59.36
EPS Growth	188.42%	224.38%	-	-	-	-22.00%
Free Cash Flow	-	5,510	14,406	-9,404	-24,066	4,184
Free Cash Flow Per Share	-	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	27.60%	25.20%	21.46%	15.47%	8.98%	24.62%
Operating Margin	10.98%	8.51%	4.05%	-2.43%	-8.69%	10.31%
Profit Margin	36.00%	29.56%	10.67%	-2.07%	-14.58%	10.96%
Free Cash Flow Margin	-	1.86%	5.71%	-4.39%	-11.58%	1.52%
EBITDA	68,912	58,594	41,846	25,283	12,184	57,405
EBITDA Margin	22.08%	19.76%	16.58%	11.81%	5.86%	20.89%
D&A For EBITDA	34,654	33,352	31,616	30,483	30,240	29,085
EBIT	34,258	25,242	10,230	-5,200	-18,056	28,320
EBIT Margin	10.98%	8.51%	4.05%	-2.43%	-8.69%	10.31%
Effective Tax Rate	32.04%	26.78%	14.89%	-	-	22.59%

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