Garden Stage Limited (GSIW)

Garden Stage Income Statement

Financials in millions USD. Fiscal year is April - March.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Interest and Dividend Income	0.11	0.06	0.04	0.1	0.06	0.12
Net Interest Income	0.11	0.06	0.04	0.1	0.06	0.12
Brokerage Commission	0.78	0.33	0.4	0.9	1.48	1.41
Asset Management Fee	0.1	0.06	-	0.03	0.02	-
Underwriting & Investment Banking Fee	0.54	0.11	0.15	1.57	0.36	4.37
Other Revenue	6.64	4.9	0.81	0.65	0.39	0.22
Revenue Before Loan Losses	8.16	5.47	1.41	3.26	2.31	6.13
Provision for Loan Losses	0.08	0.1	0.01	-	-	-
Revenue	8.09	5.37	1.4	3.26	2.31	6.13
Revenue Growth (YoY)	515.58%	283.23%	-57.02%	41.31%	-62.36%	-
Salaries & Employee Benefits	3.99	3.72	3.29	2.1	1.41	2.33
Cost of Services Provided	11.5	5.85	2.68	1.35	1.4	4.12
Total Operating Expenses	15.57	9.63	5.98	3.47	2.82	6.46
Operating Income	-7.48	-4.26	-4.58	-0.21	-0.51	-0.33
EBT Excluding Unusual Items	-7.48	-4.26	-4.58	-0.21	-0.51	-0.33
Pretax Income	-7.48	-4.27	-4.58	-0.21	-0.51	-0.33
Income Tax Expense	0.06	0.04	0.01	-0	0	-0
Net Income	-7.54	-4.32	-4.59	-0.21	-0.51	-0.33
Net Income to Common	-7.54	-4.32	-4.59	-0.21	-0.51	-0.33
Shares Outstanding (Basic)	37	16	14	11	9	-
Shares Outstanding (Diluted)	37	16	14	11	9	-
Shares Change (YoY)	141.98%	14.79%	18.62%	24.68%	-	-
EPS (Basic)	-0.21	-0.28	-0.34	-0.02	-0.06	-
EPS (Diluted)	-0.21	-0.28	-0.34	-0.02	-0.06	-
Free Cash Flow	-3.75	-1.37	-7.09	-1.9	-6.94	10.49
Free Cash Flow Per Share	-0.10	-0.09	-0.52	-0.17	-0.75	-
Operating Margin	-92.51%	-79.34%	-326.68%	-6.37%	-22.12%	-5.37%
Profit Margin	-93.20%	-80.43%	-327.63%	-6.36%	-22.15%	-5.38%
Free Cash Flow Margin	-46.39%	-25.46%	-506.30%	-58.25%	-300.82%	171.16%
Revenue as Reported	8.16	5.47	1.41	3.26	2.31	6.13

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Capital Markets template. Financial Sources.

SEC Filings: 10-K · 10-Q