Japan Investment Adviser Co., Ltd. (TYO:7172)

Japan Investment Adviser Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	33,137	31,129	21,818	18,045	14,105	17,707
Revenue Growth (YoY)	23.09%	42.68%	20.91%	27.93%	-20.34%	6.37%
Cost of Revenue	10,014	10,296	9,631	11,018	5,445	6,383
Gross Profit	23,123	20,833	12,187	7,027	8,660	11,324
Selling, General & Admin	7,873	7,752	5,998	5,082	4,287	3,749
Other Operating Expenses	970	970	696	646	599	565
Operating Expenses	8,843	8,722	6,694	5,728	4,886	4,314
Operating Income	14,280	12,111	5,493	1,299	3,774	7,010
Interest Expense	-1,896	-1,872	-2,012	-891	-550	-734
Interest & Investment Income	127	118	1,046	510	565	347
Earnings From Equity Investments	-348	391	371	300	-413	-
Currency Exchange Gain (Loss)	55	1,267	-601	5,484	1,849	-439
Other Non Operating Income (Expenses)	-1,176	-1,167	-1,045	-964	-708	-702
EBT Excluding Unusual Items	11,042	10,848	3,252	5,738	4,517	5,482
Gain (Loss) on Sale of Investments	750	-19	131	370	38	-
Gain (Loss) on Sale of Assets	10	787	415	161	187	581
Asset Writedown	-	-	-142	-	-	-
Other Unusual Items	-	-	-1	-	7	-
Pretax Income	11,802	11,616	3,655	6,269	4,749	6,063
Income Tax Expense	3,805	3,640	1,356	1,860	1,757	2,200
Earnings From Continuing Operations	7,997	7,976	2,299	4,409	2,992	3,863
Minority Interest in Earnings	5	79	60	3	-71	-32
Net Income	8,002	8,055	2,359	4,412	2,921	3,831
Net Income to Common	8,002	8,055	2,359	4,412	2,921	3,831
Net Income Growth	36.90%	241.46%	-46.53%	51.04%	-23.75%	-15.90%
Shares Outstanding (Basic)	60	60	30	30	30	30
Shares Outstanding (Diluted)	60	60	30	30	30	30
Shares Change (YoY)	60.12%	100.22%	0.06%	0.03%	0.08%	-0.64%
EPS (Basic)	132.28	133.18	78.09	146.14	97.04	128.10
EPS (Diluted)	132.28	133.18	78.09	146.14	96.77	127.05
EPS Growth	-14.50%	70.54%	-46.56%	51.02%	-23.83%	-15.41%
Free Cash Flow	-	-10,809	-18,155	-49,072	24,091	23,715
Free Cash Flow Per Share	-	-178.72	-601.01	-1625.40	798.18	786.34
Dividend Per Share	27.000	27.000	32.000	32.000	32.000	32.000
Dividend Growth	-15.63%	-15.63%	-	-	-	45.45%
Gross Margin	69.78%	66.92%	55.86%	38.94%	61.40%	63.95%
Operating Margin	43.09%	38.91%	25.18%	7.20%	26.76%	39.59%
Profit Margin	24.15%	25.88%	10.81%	24.45%	20.71%	21.64%
Free Cash Flow Margin	-	-34.72%	-83.21%	-271.94%	170.80%	133.93%
EBITDA	-	12,526	5,909	1,828	4,315	7,111
EBITDA Margin	-	40.24%	27.08%	10.13%	30.59%	40.16%
D&A For EBITDA	414.75	415	416	529	541	101
EBIT	14,280	12,111	5,493	1,299	3,774	7,010
EBIT Margin	43.09%	38.91%	25.18%	7.20%	26.76%	39.59%
Effective Tax Rate	32.24%	31.34%	37.10%	29.67%	37.00%	36.29%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.