Qualtec Co.,Ltd. (TYO:9165)

Qualtec Income Statement

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

Fiscal Year	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015
Period Ending	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015
Revenue	3,022	3,271	3,294	3,076	2,776
Revenue Growth (YoY)	-7.61%	-0.70%	7.08%	10.79%	38.63%
Cost of Revenue	2,100	2,468	2,525	2,439	2,245
Gross Profit	921.86	802.43	768.43	637.39	531.21
Other Operating Expenses	710.73	583.97	576.19	506.95	439.54
Operating Expenses	784.84	583.97	576.19	506.95	439.54
Operating Income	137.01	218.46	192.24	130.45	91.67
Interest Expense	-7.49	-7.84	-7.96	-9.02	-9.25
Other Non Operating Income (Expenses)	254.38	116.1	33.64	9.52	10.39
Pretax Income	383.9	326.71	217.91	130.94	92.81
Income Tax Expense	161.32	93.53	47.35	31.75	11.24
Net Income	222.58	233.18	170.56	99.19	81.57
Net Income to Common	222.58	233.18	170.56	99.19	81.57
Net Income Growth	-4.54%	36.71%	71.96%	21.60%	-6.20%
Gross Margin	30.51%	24.53%	23.33%	20.72%	19.13%
Operating Margin	4.53%	6.68%	5.84%	4.24%	3.30%
Profit Margin	7.37%	7.13%	5.18%	3.23%	2.94%
EBITDA	211.13	-	-	-	-
EBITDA Margin	6.99%	-	-	-	-
EBIT	137.01	218.46	192.24	130.45	91.67
EBIT Margin	4.53%	6.68%	5.84%	4.24%	3.30%

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