GRCS Inc. (TYO:9250)

GRCS Inc. Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2018
Period Ending	Nov 30, 2025	Nov 30, 2024	Nov 30, 2023	Nov 30, 2022	Nov 30, 2018
Revenue	3,333	3,288	2,783	2,398	770.66
Revenue Growth (YoY)	1.37%	18.15%	16.05%	211.16%	10.98%
Cost of Revenue	2,380	2,216	1,992	1,963	609.05
Gross Profit	953	1,072	791	435	161.61
Selling, General & Admin	872	1,028	937	623	-
Amortization of Goodwill & Intangibles	149	-	-	-	-
Other Operating Expenses	-	-	-	-	318.51
Operating Expenses	1,021	1,028	937	623	318.51
Operating Income	-68	44	-146	-188	-156.9
Interest Expense	-17	-7	-7	-3	-2.55
Currency Exchange Gain (Loss)	-4	-4	-21	-9	-
Other Non Operating Income (Expenses)	-9	-7	-	11	-1.69
EBT Excluding Unusual Items	-98	26	-174	-189	-161.14
Asset Writedown	-245	-	-	-3	-
Other Unusual Items	-108	-	-	-	-
Pretax Income	-451	26	-174	-192	-161.14
Income Tax Expense	76	-86	98	11	0.42
Earnings From Continuing Operations	-527	112	-272	-203	-161.55
Net Income to Company	-527	112	-272	-203	-
Minority Interest in Earnings	-	-	-8	-6	-
Net Income	-527	112	-280	-209	-161.55
Net Income to Common	-527	112	-280	-209	-161.55
Shares Outstanding (Basic)	1	1	1	1	-
Shares Outstanding (Diluted)	1	1	1	1	-
Shares Change (YoY)	2.08%	3.18%	-1.49%	-	-
EPS (Basic)	-390.28	84.67	-218.39	-160.59	-
EPS (Diluted)	-390.28	84.67	-218.39	-160.59	-
Free Cash Flow	11	305	-150	-280	-
Free Cash Flow Per Share	8.15	230.57	-117.00	-215.14	-
Gross Margin	28.59%	32.60%	28.42%	18.14%	20.97%
Operating Margin	-2.04%	1.34%	-5.25%	-7.84%	-20.36%
Profit Margin	-15.81%	3.41%	-10.06%	-8.72%	-20.96%
Free Cash Flow Margin	0.33%	9.28%	-5.39%	-11.68%	-
EBITDA	136	152	-101	-172	-
EBITDA Margin	4.08%	4.62%	-3.63%	-7.17%	-
D&A For EBITDA	204	108	45	16	-
EBIT	-68	44	-146	-188	-156.9
EBIT Margin	-2.04%	1.34%	-5.25%	-7.84%	-20.36%

Updated Nov 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.