MTI Ltd. (TYO:9438)

MTI Ltd. Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020
Revenue	29,037	27,669	26,798	26,479	25,743	26,082
Revenue Growth (YoY)	8.82%	3.25%	1.21%	2.86%	-1.30%	-3.80%
Cost of Revenue	7,445	7,264	8,426	7,788	7,002	7,130
Gross Profit	21,592	20,405	18,372	18,691	18,741	18,952
Selling, General & Admin	17,246	16,647	16,802	16,500	15,700	14,841
Operating Expenses	18,609	18,010	18,074	17,820	16,811	16,444
Operating Income	2,983	2,395	298	871	1,930	2,508
Interest Expense	-15	-11	-11	-5	-6	-4
Interest & Investment Income	5	4	4	7	-	10
Earnings From Equity Investments	116	534	102	-457	-569	-431
Currency Exchange Gain (Loss)	-54	-43	38	102	32	-14
Other Non Operating Income (Expenses)	42	-5	28	-31	-17	13
EBT Excluding Unusual Items	3,077	2,874	459	487	1,370	2,082
Gain (Loss) on Sale of Investments	22	-31	189	81	83	674
Gain (Loss) on Sale of Assets	-48	-48	-	-	-5	-
Asset Writedown	-225	-272	-372	-924	-493	-1,582
Other Unusual Items	939	920	923	52	31	39
Pretax Income	3,765	3,443	1,199	-304	986	1,213
Income Tax Expense	1,117	995	631	759	2,515	877
Earnings From Continuing Operations	2,648	2,448	568	-1,063	-1,529	336
Minority Interest in Earnings	-86	-85	185	133	365	170
Net Income	2,562	2,363	753	-930	-1,164	506
Preferred Dividends & Other Adjustments	-	-	0	-	-	-
Net Income to Common	2,562	2,363	753	-930	-1,164	506
Net Income Growth	-2.84%	213.81%	-	-	-	-66.45%
Shares Outstanding (Basic)	55	55	55	55	55	55
Shares Outstanding (Diluted)	55	55	55	55	55	55
Shares Change (YoY)	0.47%	0.21%	0.11%	0.15%	0.07%	-0.20%
EPS (Basic)	46.54	43.03	13.73	-16.98	-21.28	9.26
EPS (Diluted)	46.48	43.02	13.73	-16.98	-21.28	9.26
EPS Growth	-3.30%	213.31%	-	-	-	-66.38%
Free Cash Flow	4,772	4,045	4,664	-1,477	3,382	3,226
Free Cash Flow Per Share	86.57	73.61	85.05	-26.96	61.83	59.02
Dividend Per Share	9.000	17.000	16.000	16.000	16.000	16.000
Dividend Growth	-43.75%	6.25%	-	-	-	-
Gross Margin	74.36%	73.75%	68.56%	70.59%	72.80%	72.66%
Operating Margin	10.27%	8.66%	1.11%	3.29%	7.50%	9.62%
Profit Margin	8.82%	8.54%	2.81%	-3.51%	-4.52%	1.94%
Free Cash Flow Margin	16.43%	14.62%	17.40%	-5.58%	13.14%	12.37%
EBITDA	4,548	4,103	1,998	2,611	3,383	4,509
EBITDA Margin	15.66%	14.83%	7.46%	9.86%	13.14%	17.29%
D&A For EBITDA	1,565	1,708	1,700	1,740	1,453	2,001
EBIT	2,983	2,395	298	871	1,930	2,508
EBIT Margin	10.27%	8.66%	1.11%	3.29%	7.50%	9.62%
Effective Tax Rate	29.67%	28.90%	52.63%	-	255.07%	72.30%
Advertising Expenses	-	2,855	2,189	1,647	1,622	1,264

Source: S&P Global Market Intelligence. Standard template. Financial Sources.