Artgreen. Income Statement

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

Millions JPY. Fiscal year is Nov - Oct.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jan '26 Jan 31, 2026	Oct '25 Oct 31, 2025	Oct '24 Oct 31, 2024	Oct '23 Oct 31, 2023	Oct '22 Oct 31, 2022	Oct '21 Oct 31, 2021
Revenue	2,533	2,513	2,516	2,484	2,295	2,073
Revenue Growth (YoY)	0.52%	-0.12%	1.29%	8.24%	10.71%	11.87%
Cost of Revenue	1,476	1,471	1,449	1,430	1,339	1,232
Gross Profit	1,057	1,042	1,067	1,054	956	841
Selling, General & Admin	1,005	1,002	1,007	1,011	886	798
Amortization of Goodwill & Intangibles	3	3	3	3	3	3
Other Operating Expenses	4	4	4	3	3	3
Operating Expenses	1,030	1,027	1,028	1,038	898	819
Operating Income	27	15	39	16	58	22
Interest Expense	-6	-6	-4	-4	-2	-2
Interest & Investment Income	1	1	-	-	-	-
Earnings From Equity Investments	-	-	-	-	5	-
Currency Exchange Gain (Loss)	-1	-	-	-	4	2
Other Non Operating Income (Expenses)	1	2	1	-	1	11
EBT Excluding Unusual Items	22	12	36	12	66	33
Gain (Loss) on Sale of Investments	-	-	-	-	-3	-
Asset Writedown	-	-	-	-1	-3	-
Other Unusual Items	-	-	-2	-	-	-
Pretax Income	22	12	34	11	60	33
Income Tax Expense	11	9	20	11	20	18
Net Income	11	3	14	-	40	15
Net Income to Common	11	3	14	-	40	15
Net Income Growth	266.67%	-78.57%	-	-	166.67%	1400.00%
Shares Outstanding (Basic)	1	1	1	1	1	1
Shares Outstanding (Diluted)	1	1	1	1	1	1
Shares Change (YoY)	-0.00%	-0.00%	0.98%	-1.34%	0.07%	0.09%
EPS (Basic)	9.39	2.56	11.95	0.05	35.22	13.21
EPS (Diluted)	9.39	2.56	11.95	-	34.39	12.78
EPS Growth	266.68%	-78.57%	-	-	169.09%	1346.46%
Free Cash Flow	-	-36	38	4	56	17
Free Cash Flow Per Share	-	-30.73	32.44	3.45	47.63	14.47
Gross Margin	41.73%	41.46%	42.41%	42.43%	41.66%	40.57%
Operating Margin	1.07%	0.60%	1.55%	0.64%	2.53%	1.06%
Profit Margin	0.43%	0.12%	0.56%	-	1.74%	0.72%
Free Cash Flow Margin	-	-1.43%	1.51%	0.16%	2.44%	0.82%
EBITDA	47.5	35	57	34	73	36
EBITDA Margin	1.88%	1.39%	2.27%	1.37%	3.18%	1.74%
D&A For EBITDA	20.5	20	18	18	15	14
EBIT	27	15	39	16	58	22
EBIT Margin	1.07%	0.60%	1.55%	0.64%	2.53%	1.06%
Effective Tax Rate	50.00%	75.00%	58.82%	100.00%	33.33%	54.55%

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