Earlyworks Co., Ltd (ELWS)

Earlyworks Income Statement

Financials in millions JPY. Fiscal year is May - April.

Year	2023	2022	2021
Revenue	46.57	463.72	216.21
Revenue Growth (YoY)	-89.96%	114.47%	-
Cost of Revenue	30.5	108.38	33.54
Gross Profit	16.07	355.34	182.67
Selling, General & Admin	295.67	231.7	192.9
Research & Development	108.82	25.75	22.89
Other Operating Expenses	0	670	56
Operating Expenses	404.49	927.46	271.8
Operating Income	-388.43	-572.12	-89.13
Interest Expense / Income	2.7	1.26	1.45
Other Expense / Income	0.4	0.16	-4.44
Pretax Income	-391.53	-573.53	-86.14
Income Tax	-9.22	28.94	-15.62
Net Income	-382.31	-602.47	-70.52
Shares Outstanding (Basic)	14	14	13
Shares Outstanding (Diluted)	14	14	13
Shares Change	0.20%	2.98%	-
EPS (Basic)	-27.62	-43.62	-5.26
EPS (Diluted)	-27.62	-43.62	-5.26
Free Cash Flow	-401.36	99.28	33.91
Free Cash Flow Per Share	-29.00	7.19	2.53
Gross Margin	34.50%	76.63%	84.49%
Operating Margin	-834.10%	-123.38%	-41.22%
Profit Margin	-820.95%	-129.92%	-32.62%
Free Cash Flow Margin	-861.88%	21.41%	15.68%
EBITDA	-388.05	-571.96	-84.62
EBITDA Margin	-833.29%	-123.34%	-39.14%
Depreciation & Amortization	0.78	0.31	0.07
EBIT	-388.83	-572.27	-84.69
EBIT Margin	-834.96%	-123.41%	-39.17%

Source: Financials are provided by Nasdaq Data Link and sourced from audited reports submitted to the Securities and Exchange Commission (SEC).