SYLA Technologies Income Statement

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '24 Jun 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	23,989	22,743	22,056	16,665	13,140
Revenue Growth (YoY)	3.11%	3.12%	32.34%	26.83%	-
Cost of Revenue	18,848	17,206	18,452	13,516	10,326
Gross Profit	5,142	5,537	3,604	3,149	2,814
Selling, General & Admin	3,411	3,567	2,478	2,157	1,605
Other Operating Expenses	423.72	423.72	269	246.48	177.81
Operating Expenses	3,941	4,096	2,825	2,467	1,926
Operating Income	1,201	1,441	778.71	682.36	888.43
Earnings From Equity Investments	39.89	-1.69	-0.75	0.11	-
Other Non Operating Income (Expenses)	-701.91	-451.3	-105.32	-193.33	-178.98
EBT Excluding Unusual Items	538.94	988.11	672.65	489.14	709.45
Gain (Loss) on Sale of Investments	123.23	27.23	-16.71	10.94	31.41
Pretax Income	662.17	1,015	655.94	500.07	740.86
Income Tax Expense	244.49	265.98	345.18	221.38	305.13
Earnings From Continuing Operations	417.68	749.36	310.76	278.69	435.73
Earnings From Discontinued Operations	-	-6.74	78.63	-	-
Net Income to Company	417.68	742.62	389.39	278.69	435.73
Minority Interest in Earnings	-53.49	-61.19	5.57	-1.2	-
Net Income	364.2	681.43	394.96	277.49	435.73
Net Income to Common	364.2	681.43	394.96	277.49	435.73
Net Income Growth	-33.01%	72.53%	42.33%	-36.32%	-
Shares Outstanding (Basic)	26	26	24	23	23
Shares Outstanding (Diluted)	29	30	28	27	27
Shares Change (YoY)	-2.58%	7.30%	4.40%	2.36%	-
EPS (Basic)	13.91	26.72	16.50	12.01	19.27
EPS (Diluted)	12.75	22.41	13.94	10.22	16.43
EPS Growth	-31.24%	60.79%	36.33%	-37.78%	-
Free Cash Flow	-	-10,095	-5,331	-1,803	-1,364
Free Cash Flow Per Share	-	-332.01	-188.14	-66.42	-51.44
Gross Margin	21.43%	24.35%	16.34%	18.90%	21.42%
Operating Margin	5.01%	6.34%	3.53%	4.09%	6.76%
Profit Margin	1.52%	3.00%	1.79%	1.67%	3.32%
Free Cash Flow Margin	-	-44.39%	-24.17%	-10.82%	-10.38%
EBITDA	1,498	1,742	1,087	834	1,031
EBITDA Margin	6.25%	7.66%	4.93%	5.00%	7.85%
D&A For EBITDA	297.51	300.94	307.79	151.64	142.79
EBIT	1,201	1,441	778.71	682.36	888.43
EBIT Margin	5.01%	6.34%	3.53%	4.09%	6.76%
Effective Tax Rate	36.92%	26.20%	52.62%	44.27%	41.19%
Advertising Expenses	-	365.07	336.97	494.25	269.59

Updated Sep 27, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

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