Garden Stage Income Statement

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

Millions USD. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep '25 Sep 30, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Revenue	8.16	5.47	1.41	3.26	2.31
Revenue Growth (YoY)	499.27%	288.10%	-56.79%	41.31%	-
Cost of Revenue	2.76	1.43	0.07	0.2	0.87
Gross Profit	5.4	4.04	1.34	3.06	1.44
Selling, General & Admin	12.72	8.14	5.9	3.26	1.94
Depreciation & Amortization Expenses	0.08	0.06	0.01	0.01	0.01
Other Operating Expenses	0.08	0.11	0.01	-	-
Total Operating Expenses	12.88	8.31	5.91	3.27	1.95
Operating Income	-7.48	-4.27	-4.58	-0.21	-0.51
Pretax Income	-7.48	-4.27	-4.58	-0.21	-0.51
Provision for Income Taxes	0.06	0.04	0.01	-0	0
Net Income	-7.54	-4.32	-4.59	-0.21	-0.51
Net Income to Common	-7.54	-4.32	-4.59	-0.21	-0.51
Shares Outstanding (Basic)	0	0	0	0	0
Shares Outstanding (Diluted)	0	0	0	0	0
Shares Change (YoY)	141.98%	14.79%	18.62%	24.68%	-
EPS (Basic)	36.00	56.00	68.00	4.00	-12.00
EPS (Diluted)	36.00	56.00	68.00	4.00	-12.00
EPS Growth	-63.27%	-17.65%	1600.00%	-	-
Shares Outstanding	1.09	0.08	-	-	-
Free Cash Flow	-3.75	-1.37	-7.09	-1.9	-6.94
Free Cash Flow Per Share	-20.52	-17.50	-104.21	-33.09	-150.78
Gross Margin	66.14%	73.88%	95.05%	93.84%	62.33%
Operating Margin	-91.65%	-78.20%	-324.90%	-6.37%	-22.12%
Profit Margin	-92.34%	-78.99%	-325.85%	-6.36%	-22.15%
FCF Margin	-45.96%	-25.00%	-503.54%	-58.25%	-300.82%
EBITDA	-7.3	-4.11	-4.49	-0.13	-0.5
EBITDA Margin	-89.38%	-75.16%	-319.06%	-3.87%	-21.63%
EBIT	-7.48	-4.27	-4.58	-0.21	-0.51
EBIT Margin	-91.65%	-78.20%	-324.90%	-6.37%	-22.12%
Effective Tax Rate	-0.75%	-1.01%	-0.29%	0.25%	-0.16%

Updated Jan 20, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q