GLAD CUBE Income Statement

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	1,684	1,559	1,523	1,480	1,215	882
Revenue Growth (YoY)	3.31%	2.36%	2.90%	21.81%	37.76%	-
Cost of Revenue	509	339	216	89	57	49
Gross Profit	1,175	1,220	1,307	1,391	1,158	833
Selling, General & Admin	1,257	1,426	1,165	930	866	712
Operating Expenses	1,318	1,487	1,164	930	866	712
Operating Income	-143	-267	143	461	292	121
Interest Expense	-8	-6	-5	-4	-3	-2
Other Non Operating Income (Expenses)	-	-1	3	-2	8	7
EBT Excluding Unusual Items	-149	-274	141	455	297	126
Asset Writedown	-209	-209	-48	-	-	-2
Other Unusual Items	-4	-4	-	-	-9	-3
Pretax Income	-362	-487	93	455	288	121
Income Tax Expense	186	142	34	158	87	35
Net Income	-548	-629	59	297	201	86
Net Income to Common	-548	-629	59	297	201	86
Net Income Growth	-	-	-80.14%	47.76%	133.72%	-
Shares Outstanding (Basic)	8	8	8	8	7	7
Shares Outstanding (Diluted)	8	8	8	8	7	7
Shares Change (YoY)	2.09%	-2.70%	10.04%	3.52%	-	-
EPS (Basic)	-65.36	-76.37	7.23	39.11	27.05	11.57
EPS (Diluted)	-65.36	-76.37	6.97	38.61	27.05	11.57
EPS Growth	-	-	-81.95%	42.74%	133.72%	-
Free Cash Flow	-	-23	-153	207	-	-
Free Cash Flow Per Share	-	-2.79	-18.07	26.91	-	-
Gross Margin	69.77%	78.25%	85.82%	93.99%	95.31%	94.44%
Operating Margin	-8.49%	-17.13%	9.39%	31.15%	24.03%	13.72%
Profit Margin	-32.54%	-40.35%	3.87%	20.07%	16.54%	9.75%
Free Cash Flow Margin	-	-1.47%	-10.05%	13.99%	-	-
EBITDA	-27.75	-184	183	477	-	-
EBITDA Margin	-1.65%	-11.80%	12.02%	32.23%	-	-
D&A For EBITDA	115.25	83	40	16	-	-
EBIT	-143	-267	143	461	292	121
EBIT Margin	-8.49%	-17.13%	9.39%	31.15%	24.03%	13.72%
Effective Tax Rate	-	-	36.56%	34.73%	30.21%	28.93%

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