Mercuria Holdings Income Statement

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	5,565	5,842	4,598	4,169
Revenue Growth (YoY)	-4.74%	27.05%	10.29%	-
Cost of Revenue	1,039	1,809	203	531
Gross Profit	4,526	4,033	4,395	3,638
Selling, General & Admin	3,551	2,689	2,340	1,875
Operating Expenses	3,551	2,689	2,340	1,875
Operating Income	975	1,344	2,055	1,763
Interest Expense	-4	-7	-10	-16
Interest & Investment Income	35	60	7	7
Earnings From Equity Investments	24	63	-	-
Currency Exchange Gain (Loss)	129	74	157	83
Other Non Operating Income (Expenses)	-4	-15	-3	-22
EBT Excluding Unusual Items	1,155	1,519	2,206	1,815
Gain (Loss) on Sale of Investments	-	-19	-	-
Pretax Income	1,155	1,500	2,206	1,815
Income Tax Expense	551	299	501	425
Earnings From Continuing Operations	604	1,201	1,705	1,390
Minority Interest in Earnings	-99	-146	-143	-86
Net Income	505	1,055	1,562	1,304
Net Income to Common	505	1,055	1,562	1,304
Net Income Growth	-52.13%	-32.46%	19.79%	-
Shares Outstanding (Basic)	19	20	20	17
Shares Outstanding (Diluted)	19	20	20	17
Shares Change (YoY)	-1.18%	-4.34%	20.49%	-
EPS (Basic)	26.12	53.99	76.45	77.09
EPS (Diluted)	26.12	53.85	76.30	76.74
EPS Growth	-51.50%	-29.42%	-0.57%	-
Free Cash Flow	653	1,190	-371	145
Free Cash Flow Per Share	33.73	60.74	-18.11	8.53
Dividend Per Share	22.000	21.000	20.000	20.000
Dividend Growth	4.76%	5.00%	-	-
Gross Margin	81.33%	69.03%	95.58%	87.26%
Operating Margin	17.52%	23.01%	44.69%	42.29%
Profit Margin	9.07%	18.06%	33.97%	31.28%
Free Cash Flow Margin	11.73%	20.37%	-8.07%	3.48%
EBITDA	1,055	1,414	2,121	1,815
EBITDA Margin	18.96%	24.20%	46.13%	43.54%
D&A For EBITDA	80	70	66	52
EBIT	975	1,344	2,055	1,763
EBIT Margin	17.52%	23.01%	44.69%	42.29%
Effective Tax Rate	47.71%	19.93%	22.71%	23.42%

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