Liberaware Income Statement

Financials in millions JPY. Fiscal year is August - July.

Millions JPY. Fiscal year is Aug - Jul.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jul '25 Jul 31, 2025	Jul '24 Jul 31, 2024	Jul '23 Jul 31, 2023	Jul '22 Jul 31, 2022
Revenue	1,407	815.31	379.6	260.46
Revenue Growth (YoY)	72.57%	114.78%	45.74%	-
Cost of Revenue	737	455.42	328.83	217.37
Gross Profit	669.95	359.89	50.77	43.09
Selling, General & Admin	650	800.68	681.68	505.98
Research & Development	1,603	-	-	-
Operating Expenses	2,258	800.68	681.68	505.98
Operating Income	-1,588	-440.79	-630.91	-462.89
Interest Expense	-11	-5.81	-2.98	-0.24
Interest & Investment Income	-	0	0	0
Earnings From Equity Investments	30	-	-	-
Other Non Operating Income (Expenses)	1,616	11.86	-1.98	7.39
EBT Excluding Unusual Items	46.95	-434.73	-635.86	-455.74
Asset Writedown	-	-	-3.34	-
Pretax Income	46.95	-434.73	-639.21	-455.74
Income Tax Expense	-	3.24	1.9	0.34
Net Income	46.95	-437.97	-641.11	-456.07
Net Income to Common	46.95	-437.97	-641.11	-456.07
Shares Outstanding (Basic)	19	17	14	13
Shares Outstanding (Diluted)	20	17	14	13
Shares Change (YoY)	18.14%	25.04%	8.89%	-
EPS (Basic)	2.49	-25.53	-46.74	-36.20
EPS (Diluted)	2.32	-25.53	-46.74	-36.20
Free Cash Flow	-410	-260.17	-825.02	-536.6
Free Cash Flow Per Share	-20.23	-15.17	-60.14	-42.59
Gross Margin	47.62%	44.14%	13.38%	16.54%
Operating Margin	-112.87%	-54.06%	-166.20%	-177.72%
Profit Margin	3.34%	-53.72%	-168.89%	-175.10%
Free Cash Flow Margin	-29.14%	-31.91%	-217.34%	-206.02%
EBITDA	-1,541	-376.63	-566.64	-446.09
EBITDA Margin	-109.53%	-46.19%	-149.27%	-171.27%
D&A For EBITDA	47	64.16	64.27	16.8
EBIT	-1,588	-440.79	-630.91	-462.89
EBIT Margin	-112.87%	-54.06%	-166.20%	-177.72%

Source: S&P Capital IQ. Standard template. Financial Sources.