GRCS Inc. Income Statement

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

Millions JPY. Fiscal year is Dec - Nov.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2018	FY 2017	2016
Period Ending	May '25 May 31, 2025	Nov '24 Nov 30, 2024	Nov '23 Nov 30, 2023	Nov '22 Nov 30, 2022	Nov '18 Nov 30, 2018	Nov '17 Nov 30, 2017	2016
Revenue	3,273	3,288	2,783	2,398	770.66	694.41	Upgrade
Revenue Growth (YoY)	7.91%	18.15%	16.05%	211.16%	10.98%	10.14%	Upgrade
Cost of Revenue	2,301	2,216	1,992	1,963	609.05	567.83	Upgrade
Gross Profit	972	1,072	791	435	161.61	126.57	Upgrade
Selling, General & Admin	1,055	1,028	937	623	-	-	Upgrade
Other Operating Expenses	-	-	-	-	318.51	220.14	Upgrade
Operating Expenses	1,055	1,028	937	623	318.51	220.14	Upgrade
Operating Income	-83	44	-146	-188	-156.9	-93.57	Upgrade
Interest Expense	-13	-7	-7	-3	-2.55	-2.02	Upgrade
Currency Exchange Gain (Loss)	-2	-4	-21	-9	-	-	Upgrade
Other Non Operating Income (Expenses)	-2	-7	-	11	-1.69	-0.48	Upgrade
EBT Excluding Unusual Items	-100	26	-174	-189	-161.14	-96.07	Upgrade
Asset Writedown	-	-	-	-3	-	-	Upgrade
Pretax Income	-100	26	-174	-192	-161.14	-96.07	Upgrade
Income Tax Expense	-126	-86	98	11	0.42	1.32	Upgrade
Earnings From Continuing Operations	26	112	-272	-203	-161.55	-97.39	Upgrade
Net Income to Company	-	112	-272	-203	-	-	Upgrade
Minority Interest in Earnings	-	-	-8	-6	-	-	Upgrade
Net Income	26	112	-280	-209	-161.55	-97.39	Upgrade
Net Income to Common	26	112	-280	-209	-161.55	-97.39	Upgrade
Shares Outstanding (Basic)	1	1	1	1	-	-	Upgrade
Shares Outstanding (Diluted)	1	1	1	1	-	-	Upgrade
Shares Change (YoY)	4.70%	3.18%	-1.49%	-	-	-	Upgrade
EPS (Basic)	19.25	84.67	-218.39	-160.59	-	-	Upgrade
EPS (Diluted)	19.25	84.67	-218.39	-160.59	-	-	Upgrade
Free Cash Flow	-11	305	-150	-280	-	-	Upgrade
Free Cash Flow Per Share	-8.15	230.57	-117.00	-215.14	-	-	Upgrade
Gross Margin	29.70%	32.60%	28.42%	18.14%	20.97%	18.23%	Upgrade
Operating Margin	-2.54%	1.34%	-5.25%	-7.84%	-20.36%	-13.48%	Upgrade
Profit Margin	0.79%	3.41%	-10.06%	-8.72%	-20.96%	-14.03%	Upgrade
Free Cash Flow Margin	-0.34%	9.28%	-5.39%	-11.68%	-	-	Upgrade
EBITDA	69	152	-101	-172	-	-	Upgrade
EBITDA Margin	2.11%	4.62%	-3.63%	-7.17%	-	-	Upgrade
D&A For EBITDA	152	108	45	16	-	-	Upgrade
EBIT	-83	44	-146	-188	-156.9	-93.57	Upgrade
EBIT Margin	-2.54%	1.34%	-5.25%	-7.84%	-20.36%	-13.48%	Upgrade

Updated Feb 28, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.