Micware Co., Ltd. (MWC)

Micware Income Statement

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

Year Ending	TTM	Feb 28, 2025	Feb 29, 2024
Revenue	21,852	21,119	17,517
Revenue Growth (YoY)	-	20.57%	-
Cost of Revenue	-	13,730	12,193
Gross Profit	7,552	7,389	5,323
Selling, General & Admin	-	4,171	2,470
Research & Development	-	1,058	960.94
Operating Expenses	-	5,229	3,431
Operating Income	1,914	2,160	1,892
Interest Expense (Income)	-	49.5	36.98
Other Expense (Income)	570.97	74.26	-83.65
Pretax Income	1,337	2,013	1,910
Income Tax	-	682.22	539.53
Net Income	1,343	1,354	1,400
Net Income Common	1,337	1,331	1,371
Net Income Growth	-	-2.92%	-
Free Cash Flow	1,712	1,596	207.61
Gross Margin	34.56%	34.99%	30.39%
Operating Margin	8.76%	10.23%	10.80%
Profit Margin	6.12%	6.30%	7.83%
Free Cash Flow Margin	7.83%	7.56%	1.19%
Effective Tax Rate	-	33.89%	28.24%
EBITDA	-	3,458	3,051
EBITDA Margin	-	16.37%	17.42%
Depreciation & Amortization	-	1,372	1,075
EBIT	-	2,086	1,976
EBIT Margin	-	9.88%	11.28%

Source: IPO financials are sourced from S-1 and S-1/A filings submitted to the Securities and Exchange Commission (SEC).