RENOVA, Inc. (TYO:9519)

RENOVA Income Statement

Financials in millions JPY. Fiscal year is April - March.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Revenue	86,320	70,246	44,748	33,581	29,207	20,553
Revenue Growth (YoY)	35.12%	56.98%	33.25%	14.98%	42.11%	5.68%
Cost of Revenue	64,096	57,062	34,972	24,786	20,879	12,788
Gross Profit	22,224	13,184	9,776	8,795	8,328	7,765
Selling, General & Admin	768	-	-	-	-	-
Other Operating Expenses	11,953	9,976	4,466	3,612	4,797	2,868
Operating Expenses	13,671	9,976	4,466	3,612	4,797	2,868
Operating Income	8,553	3,208	5,310	5,183	3,531	4,897
Interest Expense	-6,354	-5,536	-3,354	-2,910	-2,353	-2,318
Interest & Investment Income	194	398	235	217	110	50
Earnings From Equity Investments	716	832	-319	-167	-2,656	-293
Currency Exchange Gain (Loss)	1,108	1,108	1,455	99	161	17
Other Non Operating Income (Expenses)	4,435	4,142	8,576	-29	5,135	7,408
EBT Excluding Unusual Items	8,652	4,152	11,903	2,393	3,928	9,761
Gain (Loss) on Sale of Investments	1,702	26	27	3,855	-	-
Asset Writedown	-279	-279	-66	-1,418	1,088	3,147
Pretax Income	10,075	3,899	11,864	4,830	5,016	12,908
Income Tax Expense	1,325	459	1,496	826	2,009	824
Earnings From Continuing Operations	8,750	3,440	10,368	4,004	3,007	12,084
Minority Interest in Earnings	-1,508	-753	-1,511	-1,326	-1,426	-577
Net Income	7,242	2,687	8,857	2,678	1,581	11,507
Net Income to Common	7,242	2,687	8,857	2,678	1,581	11,507
Net Income Growth	269.30%	-69.66%	230.73%	69.39%	-86.26%	213.20%
Shares Outstanding (Basic)	90	90	79	79	78	77
Shares Outstanding (Diluted)	90	90	79	79	79	79
Shares Change (YoY)	3.67%	13.93%	0.07%	-0.15%	0.24%	0.46%
EPS (Basic)	80.10	29.85	112.32	34.08	20.24	149.67
EPS (Diluted)	79.94	29.81	111.97	33.87	19.97	145.69
EPS Growth	255.31%	-73.38%	230.59%	69.60%	-86.29%	211.70%
Free Cash Flow	18,749	23,000	2,947	-722	-3,286	7,909
Free Cash Flow Per Share	207.43	255.20	37.26	-9.13	-41.51	100.14
Gross Margin	-	18.77%	21.85%	26.19%	28.51%	37.78%
Operating Margin	9.91%	4.57%	11.87%	15.43%	12.09%	23.83%
Profit Margin	8.39%	3.82%	19.79%	7.98%	5.41%	55.99%
Free Cash Flow Margin	21.72%	32.74%	6.59%	-2.15%	-11.25%	38.48%
EBITDA	26,016	19,721	16,545	14,414	11,787	10,912
EBITDA Margin	-	28.07%	36.97%	42.92%	40.36%	53.09%
D&A For EBITDA	17,463	16,513	11,235	9,231	8,256	6,015
EBIT	8,553	3,208	5,310	5,183	3,531	4,897
EBIT Margin	-	4.57%	11.87%	15.43%	12.09%	23.83%
Effective Tax Rate	-	11.77%	12.61%	17.10%	40.05%	6.38%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.