Star Flyer Income Statement

Financials in millions JPY. Fiscal year is April - March.

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Operating Revenue	44,688	42,771	39,943	32,147	21,026
Other Revenue	107	129	76	128	105
Revenue	44,795	42,900	40,019	32,275	21,131
Revenue Growth (YoY)	4.42%	7.20%	23.99%	52.74%	15.50%
Cost of Revenue	39,679	38,383	36,766	31,055	25,109
Gross Profit	5,116	4,517	3,253	1,220	-3,978
Selling, General & Admin	3,726	3,096	2,942	2,296	2,196
Operating Expenses	3,726	3,287	3,162	2,537	2,487
Operating Income	1,390	1,230	91	-1,317	-6,465
Interest Expense	-196	-46	-47	-45	-83
Interest & Investment Income	33	25	4	1	-
Currency Exchange Gain (Loss)	-526	711	941	615	398
Other Non Operating Income (Expenses)	-10	34	77	49	102
EBT Excluding Unusual Items	691	1,954	1,066	-697	-6,048
Gain (Loss) on Sale of Investments	-	-	-	-	-42
Gain (Loss) on Sale of Assets	-6	-21	-6	-7	-7
Asset Writedown	-	-	-	-	-1,433
Other Unusual Items	10	22	1	118	2,556
Pretax Income	695	1,955	1,061	-586	-4,974
Income Tax Expense	261	32	149	-659	12
Net Income	434	1,923	912	73	-4,986
Net Income to Common	434	1,923	912	73	-4,986
Net Income Growth	-77.43%	110.85%	1149.32%	-	-
Shares Outstanding (Basic)	4	4	4	3	3
Shares Outstanding (Diluted)	13	4	4	4	3
Shares Change (YoY)	239.94%	0.92%	6.05%	22.95%	0.30%
EPS (Basic)	115.12	536.50	259.94	21.83	-1734.92
EPS (Diluted)	33.76	508.51	243.38	20.66	-1734.92
EPS Growth	-93.36%	108.94%	1078.03%	-	-
Free Cash Flow	1,468	5,156	409	64	-5,250
Free Cash Flow Per Share	114.19	1363.43	109.15	18.11	-1826.78
Gross Margin	11.42%	10.53%	8.13%	3.78%	-18.82%
Operating Margin	3.10%	2.87%	0.23%	-4.08%	-30.59%
Profit Margin	0.97%	4.48%	2.28%	0.23%	-23.60%
Free Cash Flow Margin	3.28%	12.02%	1.02%	0.20%	-24.84%
EBITDA	2,598	1,983	878	-497	-5,288
EBITDA Margin	5.80%	4.62%	2.19%	-1.54%	-25.02%
D&A For EBITDA	1,208	753	787	820	1,177
EBIT	1,390	1,230	91	-1,317	-6,465
EBIT Margin	3.10%	2.87%	0.23%	-4.08%	-30.59%
Effective Tax Rate	37.55%	1.64%	14.04%	-	-
Advertising Expenses	-	149	154	100	85

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