Greenland Resort Company Limited (TYO:9656)

Greenland Resort Company Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	6,452	6,412	6,406	5,732	5,754
Revenue Growth (YoY)	0.62%	0.09%	11.76%	-0.38%	24.65%
Cost of Revenue	5,027	4,957	4,871	4,364	5,171
Gross Profit	1,425	1,455	1,535	1,368	583
Selling, General & Admin	690	680	646	604	548
Operating Expenses	690	680	646	604	548
Operating Income	735	775	889	764	35
Interest Expense	-63	-41	-35	-39	-43
Interest & Investment Income	17	12	9	9	9
Other Non Operating Income (Expenses)	27	33	27	85	201
EBT Excluding Unusual Items	716	779	890	819	202
Gain (Loss) on Sale of Investments	-	-1	2	-	-1
Gain (Loss) on Sale of Assets	-38	-16	44	-1	2
Asset Writedown	-1	-16	-241	-180	-1,484
Other Unusual Items	-	-1	44	12	9
Pretax Income	677	745	739	650	-1,272
Income Tax Expense	190	211	276	222	205
Net Income	487	534	463	428	-1,477
Net Income to Common	487	534	463	428	-1,477
Net Income Growth	-8.80%	15.33%	8.18%	-	-
Shares Outstanding (Basic)	10	10	10	10	10
Shares Outstanding (Diluted)	10	10	10	10	10
EPS (Basic)	47.11	51.66	44.79	41.40	-142.88
EPS (Diluted)	47.11	51.66	44.79	41.40	-142.88
EPS Growth	-8.80%	15.33%	8.18%	-	-
Free Cash Flow	-435	239	481	970	759
Free Cash Flow Per Share	-42.08	23.12	46.53	93.84	73.43
Dividend Per Share	15.000	16.000	14.000	12.000	4.000
Dividend Growth	-6.25%	14.29%	16.67%	200.00%	-
Gross Margin	22.09%	22.69%	23.96%	23.87%	10.13%
Operating Margin	11.39%	12.09%	13.88%	13.33%	0.61%
Profit Margin	7.55%	8.33%	7.23%	7.47%	-25.67%
Free Cash Flow Margin	-6.74%	3.73%	7.51%	16.92%	13.19%
EBITDA	1,090	1,109	1,213	1,093	430
EBITDA Margin	16.89%	17.30%	18.93%	19.07%	7.47%
D&A For EBITDA	355	334	324	329	395
EBIT	735	775	889	764	35
EBIT Margin	11.39%	12.09%	13.88%	13.33%	0.61%
Effective Tax Rate	28.07%	28.32%	37.35%	34.15%	-

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