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	3,334	3,288	2,783	2,398	770.66
Revenue Growth (YoY)	1.39%	18.15%	16.05%	211.16%	10.98%
Cost of Revenue	2,380	2,216	1,992	1,963	609.05
Gross Profit	953.8	1,072	791	435	161.61
Selling, General & Admin	1,022	1,028	937	623	-
Other Operating Expenses	8.06	-	-	-	318.51
Operating Expenses	1,030	1,028	937	623	318.51
Operating Income	-75.89	44	-146	-188	-156.9
Interest Expense	-17.38	-7	-7	-3	-2.55
Interest & Investment Income	0.72	-	-	-	-
Currency Exchange Gain (Loss)	-4.52	-4	-21	-9	-
Other Non Operating Income (Expenses)	-0.64	-7	-	11	-1.69
EBT Excluding Unusual Items	-97.72	26	-174	-189	-161.14
Merger & Restructuring Charges	-108.42	-	-	-	-
Asset Writedown	-245.32	-	-	-3	-
Pretax Income	-451.45	26	-174	-192	-161.14
Income Tax Expense	76.45	-86	98	11	0.42
Earnings From Continuing Operations	-527.9	112	-272	-203	-161.55
Net Income to Company	-527.9	112	-272	-203	-
Minority Interest in Earnings	-	-	-8	-6	-
Net Income	-527.9	112	-280	-209	-161.55
Net Income to Common	-527.9	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)	-390.94	84.67	-218.39	-160.59	-
EPS (Diluted)	-390.94	84.67	-218.39	-160.59	-
Free Cash Flow	10.99	305	-150	-280	-
Free Cash Flow Per Share	8.14	230.57	-117.00	-215.14	-
Gross Margin	28.61%	32.60%	28.42%	18.14%	20.97%
Operating Margin	-2.28%	1.34%	-5.25%	-7.84%	-20.36%
Profit Margin	-15.83%	3.41%	-10.06%	-8.72%	-20.96%
Free Cash Flow Margin	0.33%	9.28%	-5.39%	-11.68%	-
EBITDA	128.45	152	-101	-172	-
EBITDA Margin	3.85%	4.62%	-3.63%	-7.17%	-
D&A For EBITDA	204.34	108	45	16	-
EBIT	-75.89	44	-146	-188	-156.9
EBIT Margin	-2.28%	1.34%	-5.25%	-7.84%	-20.36%

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