GMO internet group, Inc. (TYO: 9449)

GMO internet group Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	272,202	258,643	245,696	241,446	210,559	196,171
Revenue Growth (YoY)	6.70%	5.27%	1.76%	14.67%	7.33%	5.94%
Cost of Revenue	107,419	105,512	95,809	112,630	104,883	100,378
Gross Profit	164,783	153,131	149,887	128,816	105,676	95,793
Selling, General & Admin	100,544	94,631	90,250	79,233	70,289	65,016
Operating Expenses	116,886	110,973	106,139	87,718	77,782	70,514
Operating Income	47,897	42,158	43,748	41,098	27,894	25,279
Interest Expense	-2,972	-2,319	-954	-767	-390	-190
Interest & Investment Income	2,548	3,034	1,878	1,450	660	255
Earnings From Equity Investments	-1,884	-1,174	-414	-693	-760	-877
Currency Exchange Gain (Loss)	-621	525	1,371	1,540	-658	-148
Other Non Operating Income (Expenses)	-726	115	1,042	765	389	186
EBT Excluding Unusual Items	44,242	42,339	46,671	43,393	27,135	24,505
Gain (Loss) on Sale of Investments	5,586	2,813	20,620	619	6,222	-138
Asset Writedown	-2,009	-2,003	-3,938	-725	-3,787	-2,476
Other Unusual Items	-60	-167	-5,695	427	355	728
Pretax Income	47,759	42,982	57,658	43,714	29,925	22,619
Income Tax Expense	18,809	16,729	17,967	15,259	11,258	6,253
Earnings From Continuing Operations	28,950	26,253	39,691	28,455	18,667	16,366
Minority Interest in Earnings	-14,184	-12,062	-26,482	-10,928	-8,383	-8,029
Net Income	14,766	14,191	13,209	17,527	10,284	8,337
Net Income to Common	14,766	14,191	13,209	17,527	10,284	8,337
Net Income Growth	64.29%	7.43%	-24.64%	70.43%	23.35%	-
Shares Outstanding (Basic)	106	106	107	110	111	114
Shares Outstanding (Diluted)	107	106	107	110	111	114
Shares Change (YoY)	0.44%	-0.73%	-2.32%	-0.75%	-2.96%	-0.97%
EPS (Basic)	139.23	133.33	123.21	159.68	92.99	73.16
EPS (Diluted)	137.50	132.20	121.58	158.48	91.75	72.08
EPS Growth	65.39%	8.74%	-23.28%	72.73%	27.29%	-
Free Cash Flow	-	-812	21,325	-28,473	34,771	380
Free Cash Flow Per Share	-	-7.63	198.90	-259.41	314.40	3.33
Dividend Per Share	46.000	44.100	47.600	52.700	30.800	24.200
Dividend Growth	-40.65%	-7.35%	-9.68%	71.10%	27.27%	-17.97%
Gross Margin	60.54%	59.21%	61.00%	53.35%	50.19%	48.83%
Operating Margin	17.60%	16.30%	17.81%	17.02%	13.25%	12.89%
Profit Margin	5.42%	5.49%	5.38%	7.26%	4.88%	4.25%
Free Cash Flow Margin	-	-0.31%	8.68%	-11.79%	16.51%	0.19%
EBITDA	61,413	55,738	57,414	50,614	36,552	32,531
EBITDA Margin	22.56%	21.55%	23.37%	20.96%	17.36%	16.58%
D&A For EBITDA	13,516	13,580	13,666	9,516	8,658	7,252
EBIT	47,897	42,158	43,748	41,098	27,894	25,279
EBIT Margin	17.60%	16.30%	17.81%	17.02%	13.25%	12.89%
Effective Tax Rate	39.38%	38.92%	31.16%	34.91%	37.62%	27.64%
Advertising Expenses	-	11,527	12,568	10,047	6,196	5,686

Source: S&P Capital IQ. Standard template. Financial Sources.