Japan M&A Solution Income Statement

Financials in millions JPY. Fiscal year is November - October.

Millions JPY. Fiscal year is Nov - Oct.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jan '26 Jan 31, 2026	Oct '25 Oct 31, 2025	Oct '24 Oct 31, 2024	Oct '23 Oct 31, 2023	Oct '22 Oct 31, 2022	Oct '21 Oct 31, 2021
Revenue	695	654	602	752	434	342
Revenue Growth (YoY)	19.01%	8.64%	-19.95%	73.27%	26.90%	-
Cost of Revenue	472	471	418	401	214	176
Gross Profit	223	183	184	351	220	166
Selling, General & Admin	223	237	198	174	158	127
Operating Expenses	225	239	199	175	158	127
Operating Income	-2	-56	-15	176	62	39
Other Non Operating Income (Expenses)	12	2	1	-8	-2	8
EBT Excluding Unusual Items	10	-54	-14	168	60	47
Asset Writedown	-11	-11	-	-	-	-
Pretax Income	-1	-65	-14	168	60	47
Income Tax Expense	39	20	-3	43	17	16
Net Income	-40	-85	-11	125	43	31
Net Income to Common	-40	-85	-11	125	43	31
Net Income Growth	-	-	-	190.70%	38.71%	-
Shares Outstanding (Basic)	1	2	1	1	1	1
Shares Outstanding (Diluted)	1	2	1	1	1	1
Shares Change (YoY)	-0.27%	1.37%	14.28%	8.25%	0.89%	-
EPS (Basic)	-26.76	-56.58	-7.42	104.00	35.89	26.11
EPS (Diluted)	-26.76	-56.58	-7.42	96.39	35.89	26.11
EPS Growth	-	-	-	168.55%	37.49%	-
Free Cash Flow	-	5	-119	198	-	-
Free Cash Flow Per Share	-	3.33	-80.30	152.68	-	-
Gross Margin	32.09%	27.98%	30.56%	46.68%	50.69%	48.54%
Operating Margin	-0.29%	-8.56%	-2.49%	23.40%	14.29%	11.40%
Profit Margin	-5.75%	-13.00%	-1.83%	16.62%	9.91%	9.06%
Free Cash Flow Margin	-	0.77%	-19.77%	26.33%	-	-
EBITDA	-	-54	-13	178	-	-
EBITDA Margin	-	-8.26%	-2.16%	23.67%	-	-
D&A For EBITDA	2	2	2	2	-	-
EBIT	-2	-56	-15	176	62	39
EBIT Margin	-0.29%	-8.56%	-2.49%	23.40%	14.29%	11.40%
Effective Tax Rate	-	-	-	25.60%	28.33%	34.04%