f-code Income Statement

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2019
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '19 Dec 31, 2019
Revenue	6,511	5,130	2,482	459
Revenue Growth (YoY)	107.89%	106.69%	440.74%	-
Cost of Revenue	2,697	2,289	1,012	176
Gross Profit	3,815	2,841	1,470	283
Selling, General & Admin	2,468	1,603	759	343
Other Operating Expenses	-713.69	-566	-6	-
Operating Expenses	1,843	1,126	818	343
Operating Income	1,971	1,715	652	-60
Interest Expense	-118.71	-106	-41	-3
Interest & Investment Income	3.46	2	1	-
Currency Exchange Gain (Loss)	2	2	1	-
Other Non Operating Income (Expenses)	-9	-9	-2	-2
EBT Excluding Unusual Items	1,849	1,604	611	-65
Gain (Loss) on Sale of Investments	-	-	-	24
Gain (Loss) on Sale of Assets	-36	-36	-	-
Asset Writedown	-247	-247	-	-
Pretax Income	1,566	1,321	611	-41
Income Tax Expense	471.23	388	127	-
Earnings From Continuing Operations	1,095	933	484	-41
Minority Interest in Earnings	-47.96	-28	-	-
Net Income	1,047	905	484	-41
Net Income to Common	1,047	905	484	-41
Net Income Growth	64.33%	86.98%	-	-
Shares Outstanding (Basic)	12	12	10	8
Shares Outstanding (Diluted)	12	13	11	8
Shares Change (YoY)	11.21%	16.55%	43.28%	-
EPS (Basic)	86.83	77.88	46.89	-5.44
EPS (Diluted)	80.99	71.94	44.88	-5.44
EPS Growth	40.98%	60.28%	-	-
Free Cash Flow	-	911	860	-
Free Cash Flow Per Share	-	72.36	79.61	-
Gross Margin	-	55.38%	59.23%	61.66%
Operating Margin	30.28%	33.43%	26.27%	-13.07%
Profit Margin	16.08%	17.64%	19.50%	-8.93%
Free Cash Flow Margin	-	17.76%	34.65%	-
EBITDA	2,061	1,804	717	-
EBITDA Margin	-	35.17%	28.89%	-
D&A For EBITDA	90.25	89	65	-
EBIT	1,971	1,715	652	-60
EBIT Margin	-	33.43%	26.27%	-13.07%
Effective Tax Rate	-	29.37%	20.79%	-
Advertising Expenses	-	161	72	-

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