147A.T | SORACOM INC Annual & Quarterly Income Statements

Annual Income Statements

(In JPY)

Breakdown	2024	2023	2022
Revenue	7.92 Billion	6.29 Billion	5.45 Billion
Cost of Revenue	3.43 Billion	3.02 Billion	2.72 Billion
Gross Profit	4.49 Billion	3.27 Billion	2.72 Billion
Operating Expenses	3.76 Billion	3.16 Billion	2.22 Billion
Selling, General and Administrative Expenses	3.72 Billion	3.16 Billion	2.22 Billion
Research and Development Expenses	36.25 Million	-	1.57 Million
Other Expenses	-	-376 Thousand	-1.24 Million
Cost and Expenses	7.2 Billion	6.19 Billion	4.94 Billion
Operating Income	727.33 Million	101.37 Million	501.07 Million
Interest Expense	6.35 Million	7.22 Million	8.68 Million
Income Tax Expense	152.84 Million	97.75 Million	130.09 Million
Earnings before Tax	638.4 Million	168.63 Million	467.24 Million
Net Income	485.56 Million	70.87 Million	337.15 Million
Earnings Per Share Basic	12.58	1.64	7.80
Earnings Per Share Diluted	12.57	1.64	7.80
Weighted Average Shares Outstanding	38.58 Million	43.22 Million	43.22 Million
Weighted Average Shares Outstanding (Diluted)	38.63 Million	43.22 Million	43.22 Million
Gross Margin	0.57	0.52	0.50
EBIT Margin	0.10	0.03	0.10
Profit Margin	0.06	0.01	0.06
EBITDA	814.76 Million	244.66 Million	556.63 Million
Earnings Before Tax Margin	0.09	0.02	0.09

Breakdown	2024 Q1	2023 FY	2023 Q4	2022 FY	2021 FY
Revenue	1.89 Billion	7.92 Billion	2.47 Billion	6.29 Billion	5.45 Billion
Cost of Revenue	771.67 Million	3.43 Billion	1.27 Billion	3.02 Billion	2.72 Billion
Gross Profit	1.11 Billion	4.49 Billion	1.19 Billion	3.27 Billion	2.72 Billion
Operating Expenses	1.02 Billion	3.76 Billion	1.11 Billion	3.16 Billion	2.22 Billion
Selling, General and Administrative Expenses	1.02 Billion	-	1.09 Billion	-	-
Research and Development Expenses	-	-	15 Million	-	-
Other Expenses	-	-23.96 Million	-18.8 Million	-376 Thousand	-1.24 Million
Cost and Expenses	1.79 Billion	7.2 Billion	2.39 Billion	6.19 Billion	4.94 Billion
Operating Income	94.44 Million	727.33 Million	82.78 Million	101.37 Million	501.07 Million
Interest Expense	1.02 Million	6.35 Million	2.21 Million	7.22 Million	8.68 Million
Income Tax Expense	21.58 Million	152.84 Million	-23.27 Million	97.75 Million	130.09 Million
Earnings before Tax	24.38 Million	638.4 Million	5.95 Million	168.63 Million	467.24 Million
Net Income	2.8 Million	485.56 Million	29.23 Million	70.87 Million	337.15 Million
Earnings Per Share Basic	0.06	-	0.68	-	-
Earnings Per Share Diluted	0.06	-	0.68	-	-
Weighted Average Shares Outstanding	44.56 Million	43.22 Million	43.22 Million	43.22 Million	43.22 Million
Weighted Average Shares Outstanding (Diluted)	44.56 Million	43.22 Million	43.22 Million	43.22 Million	43.22 Million
Gross Margin	0.59	0.57	0.48	0.52	0.50
EBIT Margin	0.06	-	0.04	-	-
Profit Margin	0.00	0.06	0.01	0.01	0.06
EBITDA	119.39 Million	-	105.01 Million	-	-
Earnings Before Tax Margin	0.05	0.09	0.03	0.02	0.09