KOZO Holdings 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	19,139	18,109	13,054	10,293	8,019	6,130
Revenue Growth (YoY)	8.92%	38.72%	26.82%	28.36%	30.82%	5.62%
Cost of Revenue	11,732	11,300	7,880	5,191	4,347	2,950
Gross Profit	7,407	6,809	5,174	5,102	3,672	3,180
Selling, General & Admin	7,764	7,232	5,408	5,574	3,670	3,135
Operating Expenses	7,774	7,242	5,411	5,714	3,711	3,122
Operating Income	-367	-433	-237	-612	-39	58
Interest Expense	-17	-23	-14	-28	-35	-4
Interest & Investment Income	7	10	7	7	-	1
Currency Exchange Gain (Loss)	-9	-9	28	48	-	-
Other Non Operating Income (Expenses)	-3	-4	5	6	-24	-13
EBT Excluding Unusual Items	-389	-459	-211	-579	-98	42
Gain (Loss) on Sale of Investments	-	-	82	14	37	-
Gain (Loss) on Sale of Assets	-	-	-	4	7	2
Asset Writedown	-171	-171	-79	-251	-314	-
Other Unusual Items	-108	-91	-63	-88	-177	-17
Pretax Income	-668	-721	-271	-900	-545	27
Income Tax Expense	55	61	67	53	74	-
Earnings From Continuing Operations	-723	-782	-338	-953	-619	27
Net Income	-723	-782	-338	-953	-619	27
Net Income to Common	-723	-782	-338	-953	-619	27
Shares Outstanding (Basic)	256	227	203	174	144	108
Shares Outstanding (Diluted)	256	227	203	174	144	140
Shares Change (YoY)	16.76%	11.88%	16.98%	20.82%	3.04%	197.37%
EPS (Basic)	-2.83	-3.44	-1.66	-5.48	-4.30	0.25
EPS (Diluted)	-2.83	-3.44	-1.66	-5.48	-4.30	0.19
Free Cash Flow	-	-257	151	-766	-159	-318
Free Cash Flow Per Share	-	-1.13	0.74	-4.41	-1.10	-2.28
Gross Margin	38.70%	37.60%	39.63%	49.57%	45.79%	51.88%
Operating Margin	-1.92%	-2.39%	-1.82%	-5.95%	-0.49%	0.95%
Profit Margin	-3.78%	-4.32%	-2.59%	-9.26%	-7.72%	0.44%
Free Cash Flow Margin	-	-1.42%	1.16%	-7.44%	-1.98%	-5.19%
EBITDA	-185.75	-290	-145	-433	70	96
EBITDA Margin	-0.97%	-1.60%	-1.11%	-4.21%	0.87%	1.57%
D&A For EBITDA	181.25	143	92	179	109	38
EBIT	-367	-433	-237	-612	-39	58
EBIT Margin	-1.92%	-2.39%	-1.81%	-5.95%	-0.49%	0.95%

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