TRE Holdings Income Statement

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

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun '25 Jun 30, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Revenue	125,203	118,678	92,860	90,712	68,234
Revenue Growth (YoY)	29.76%	27.80%	2.37%	32.94%	-
Cost of Revenue	83,473	82,434	73,580	72,378	52,285
Gross Profit	41,730	36,244	19,280	18,334	15,949
Selling, General & Admin	13,051	12,695	10,939	10,253	7,812
Operating Expenses	13,784	13,428	11,598	10,899	8,387
Operating Income	27,946	22,816	7,682	7,435	7,562
Interest Expense	-547	-487	-362	-286	-278
Interest & Investment Income	18	18	8	9	8
Earnings From Equity Investments	99	119	179	231	147
Other Non Operating Income (Expenses)	5	19	279	225	107
EBT Excluding Unusual Items	27,521	22,485	7,786	7,614	7,546
Gain (Loss) on Sale of Investments	-	-	58	-	-
Gain (Loss) on Sale of Assets	112	106	138	106	106
Asset Writedown	-3,209	-3,209	-18	-28	-
Other Unusual Items	-189	-189	-1,959	192	9
Pretax Income	24,235	19,193	6,005	7,884	7,661
Income Tax Expense	8,252	6,719	2,169	2,565	2,760
Earnings From Continuing Operations	15,983	12,474	3,836	5,319	4,901
Minority Interest in Earnings	-182	-189	-213	-122	-159
Net Income	15,801	12,285	3,623	5,197	4,742
Net Income to Common	15,801	12,285	3,623	5,197	4,742
Net Income Growth	278.88%	239.08%	-30.29%	9.59%	-
Shares Outstanding (Basic)	49	51	51	51	43
Shares Outstanding (Diluted)	49	51	51	51	43
Shares Change (YoY)	-5.00%	-1.11%	0.01%	19.99%	-
EPS (Basic)	315.05	241.85	70.53	101.19	110.78
EPS (Diluted)	315.05	241.85	70.53	101.19	110.78
EPS Growth	288.05%	242.90%	-30.30%	-8.66%	-
Free Cash Flow	-	7,957	239	3,477	6,622
Free Cash Flow Per Share	-	156.65	4.65	67.70	154.71
Dividend Per Share	45.000	45.000	40.000	40.000	20.000
Dividend Growth	50.00%	12.50%	-	100.00%	-
Gross Margin	-	30.54%	20.76%	20.21%	23.37%
Operating Margin	22.32%	19.23%	8.27%	8.20%	11.08%
Profit Margin	12.62%	10.35%	3.90%	5.73%	6.95%
Free Cash Flow Margin	-	6.71%	0.26%	3.83%	9.71%
EBITDA	37,071	31,409	14,148	13,745	13,054
EBITDA Margin	-	26.47%	15.24%	15.15%	19.13%
D&A For EBITDA	9,125	8,593	6,466	6,310	5,492
EBIT	27,946	22,816	7,682	7,435	7,562
EBIT Margin	-	19.23%	8.27%	8.20%	11.08%
Effective Tax Rate	-	35.01%	36.12%	32.53%	36.03%

Updated Feb 14, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.