Upcon Income Statement

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

Millions JPY. Fiscal year is Feb - Jan.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jan '26 Jan 31, 2026	Jan '25 Jan 31, 2025	Jan '24 Jan 31, 2024	Jan '23 Jan 31, 2023	Jan '22 Jan 31, 2022
Operating Revenue	1,387	1,192	849	915	673
Other Revenue	-	2	3	2	-
Revenue	1,387	1,194	852	917	673
Revenue Growth (YoY)	16.16%	40.14%	-7.09%	36.26%	-26.37%
Cost of Revenue	476	440	430	412	297
Gross Profit	911	754	422	505	376
Selling, General & Admin	460	412	321	320	302
Research & Development	26	9	11	9	18
Other Operating Expenses	3	-	-	7	-
Operating Expenses	490	422	332	336	320
Operating Income	421	332	90	169	56
Interest & Investment Income	7	5	4	4	-
Other Non Operating Income (Expenses)	-3	-1	-1	2	-1
EBT Excluding Unusual Items	425	336	93	175	55
Gain (Loss) on Sale of Investments	3	1	-	2	-2
Pretax Income	428	337	93	177	53
Income Tax Expense	124	93	26	61	16
Net Income to Company	304	244	67	116	37
Net Income	304	244	67	116	37
Net Income to Common	304	244	67	116	37
Net Income Growth	24.59%	264.18%	-42.24%	213.51%	-79.56%
Shares Outstanding (Basic)	4	1	1	1	1
Shares Outstanding (Diluted)	4	1	1	1	1
Shares Change (YoY)	201.09%	0.11%	7.12%	0.78%	-
EPS (Basic)	71.90	173.75	47.76	88.58	28.47
EPS (Diluted)	71.90	173.75	47.76	88.58	28.47
EPS Growth	-58.62%	263.80%	-46.08%	211.09%	-79.56%
Free Cash Flow	111	333	-40	261	-170
Free Cash Flow Per Share	26.25	237.13	-28.51	199.31	-130.83
Gross Margin	65.68%	63.15%	49.53%	55.07%	55.87%
Operating Margin	30.35%	27.81%	10.56%	18.43%	8.32%
Profit Margin	21.92%	20.44%	7.86%	12.65%	5.50%
Free Cash Flow Margin	8.00%	27.89%	-4.70%	28.46%	-25.26%
EBITDA	429	343	98	183	64
EBITDA Margin	30.93%	28.73%	11.50%	19.96%	9.51%
D&A For EBITDA	8	11	8	14	8
EBIT	421	332	90	169	56
EBIT Margin	30.35%	27.81%	10.56%	18.43%	8.32%
Effective Tax Rate	28.97%	27.60%	27.96%	34.46%	30.19%
Advertising Expenses	45	43	35	32	29