Recovery International Income Statement

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	2,689	2,043	1,605	1,385	1,122
Revenue Growth	31.62%	27.29%	15.88%	23.44%	46.48%
Cost of Revenue	1,523	1,183	958	839	667
Gross Profit	1,166	860	647	546	455
Selling, General & Admin	963	674	489	382	306
Operating Expenses	963	679	496	391	310
Operating Income	203	181	151	155	145
Interest Expense	-1	-	-	-	-1
Other Non Operating Income (Expenses)	4	19	2	-7	4
EBT Excluding Unusual Items	206	200	153	148	148
Pretax Income	206	200	153	148	148
Income Tax Expense	79	55	43	40	48
Net Income to Company	127	145	110	108	100
Net Income	127	145	110	108	100
Net Income to Common	127	145	110	108	100
Net Income Growth	-12.41%	31.82%	1.85%	8.00%	270.37%
Shares Outstanding (Basic)	1	1	1	1	1
Shares Outstanding (Diluted)	1	1	1	1	1
Shares Change	-2.05%	-2.38%	0.92%	29.71%	6.29%
EPS (Basic)	92.84	104.52	77.80	78.15	90.81
EPS (Diluted)	92.65	103.04	76.31	75.61	90.81
EPS Growth	-10.08%	35.03%	0.93%	-16.74%	248.44%

Additional Metrics

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Free Cash Flow	65	115	108	78	99
Free Cash Flow Per Share	47.16	81.72	74.92	54.61	89.90
Gross Margin	43.36%	42.09%	40.31%	39.42%	40.55%
Operating Margin	7.55%	8.86%	9.41%	11.19%	12.92%
Profit Margin	4.72%	7.10%	6.85%	7.80%	8.91%
Free Cash Flow Margin	2.42%	5.63%	6.73%	5.63%	8.82%
EBITDA	214	186	158	164	149
EBITDA Margin	7.96%	9.10%	9.84%	11.84%	13.28%
D&A For EBITDA	11	5	7	9	4
EBIT	203	181	151	155	145
EBIT Margin	7.55%	8.86%	9.41%	11.19%	12.92%
Effective Tax Rate	38.35%	27.50%	28.11%	27.03%	32.43%