GLAD CUBE Income Statement

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	1,755	1,559	1,523	1,480	1,215
Revenue Growth (YoY)	12.57%	2.36%	2.90%	21.81%	37.76%
Cost of Revenue	523	339	216	89	57
Gross Profit	1,232	1,220	1,307	1,391	1,158
Selling, General & Admin	1,266	1,426	1,165	930	866
Operating Expenses	1,266	1,487	1,164	930	866
Operating Income	-34	-267	143	461	292
Interest Expense	-8	-6	-5	-4	-3
Interest & Investment Income	2	-	-	-	-
Currency Exchange Gain (Loss)	2	-	-	-	-
Other Non Operating Income (Expenses)	1	-1	3	-2	8
EBT Excluding Unusual Items	-37	-274	141	455	297
Asset Writedown	-	-209	-48	-	-
Other Unusual Items	-	-4	-	-	-9
Pretax Income	-37	-487	93	455	288
Income Tax Expense	-6	142	34	158	87
Net Income	-31	-629	59	297	201
Net Income to Common	-31	-629	59	297	201
Net Income Growth	-	-	-80.14%	47.76%	133.72%
Shares Outstanding (Basic)	8	8	8	8	7
Shares Outstanding (Diluted)	8	8	8	8	7
Shares Change (YoY)	2.21%	-2.70%	10.04%	3.52%	-
EPS (Basic)	-3.68	-76.37	7.23	39.11	27.05
EPS (Diluted)	-3.68	-76.37	6.97	38.61	27.05
EPS Growth	-	-	-81.95%	42.74%	133.72%
Free Cash Flow	-25	-23	-153	207	-
Free Cash Flow Per Share	-2.97	-2.79	-18.07	26.91	-
Gross Margin	70.20%	78.25%	85.82%	93.99%	95.31%
Operating Margin	-1.94%	-17.13%	9.39%	31.15%	24.03%
Profit Margin	-1.77%	-40.35%	3.87%	20.07%	16.54%
Free Cash Flow Margin	-1.43%	-1.47%	-10.05%	13.99%	-
EBITDA	-9	-184	183	477	-
EBITDA Margin	-0.51%	-11.80%	12.02%	32.23%	-
D&A For EBITDA	25	83	40	16	-
EBIT	-34	-267	143	461	292
EBIT Margin	-1.94%	-17.13%	9.39%	31.15%	24.03%
Effective Tax Rate	-	-	36.56%	34.73%	30.21%