MicroAd Income Statement

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

Millions JPY. Fiscal year is Oct - Sep.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021
Revenue	15,670	13,712	12,868	12,227	11,671
Revenue Growth (YoY)	14.28%	6.56%	5.24%	4.76%	6.91%
Cost of Revenue	10,862	9,633	8,739	8,441	8,672
Gross Profit	4,808	4,079	4,129	3,786	2,999
Selling, General & Admin	4,195	3,772	3,296	3,159	2,812
Operating Expenses	4,195	3,772	3,296	3,159	2,812
Operating Income	613	307	833	627	187
Interest Expense	-24	-11	-4	-11	-8
Interest & Investment Income	16	8	3	2	2
Earnings From Equity Investments	-60	-10	-	-14	22
Currency Exchange Gain (Loss)	38	-10	-76	1	-49
Other Non Operating Income (Expenses)	-23	7	5	-13	-
EBT Excluding Unusual Items	560	291	761	592	154
Gain (Loss) on Sale of Investments	-340	75	18	-76	9
Gain (Loss) on Sale of Assets	-20	-9	-	-	-
Asset Writedown	-137	-	-	-	-
Other Unusual Items	-49	-	2	3	-36
Pretax Income	14	357	781	519	127
Income Tax Expense	-216	81	150	-58	116
Earnings From Continuing Operations	230	276	631	577	11
Net Income to Company	230	276	631	577	11
Minority Interest in Earnings	-35	6	-66	-81	-49
Net Income	195	282	565	496	-38
Net Income to Common	195	282	565	496	-38
Net Income Growth	-30.85%	-50.09%	13.91%	-	-
Shares Outstanding (Basic)	27	28	27	25	25
Shares Outstanding (Diluted)	27	28	28	26	25
Shares Change (YoY)	-2.54%	-1.03%	11.07%	3.99%	0.27%
EPS (Basic)	7.10	10.24	20.86	19.63	-1.54
EPS (Diluted)	7.10	10.03	19.85	19.36	-1.54
EPS Growth	-29.21%	-49.47%	2.51%	-	-
Free Cash Flow	697	162	92	656	-
Free Cash Flow Per Share	25.38	5.75	3.23	25.59	-
Gross Margin	30.68%	29.75%	32.09%	30.96%	25.70%
Operating Margin	3.91%	2.24%	6.47%	5.13%	1.60%
Profit Margin	1.24%	2.06%	4.39%	4.06%	-0.33%
Free Cash Flow Margin	4.45%	1.18%	0.71%	5.37%	-
EBITDA	970	571	995	739	-
EBITDA Margin	6.19%	4.16%	7.73%	6.04%	-
D&A For EBITDA	357	264	162	112	-
EBIT	613	307	833	627	187
EBIT Margin	3.91%	2.24%	6.47%	5.13%	1.60%
Effective Tax Rate	-	22.69%	19.21%	-	91.34%

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