Nulab Inc. (5033.T) Financial Statements

Income statement

Metric	TTM	2026	2025	2024	2023
Revenue
Total Revenue	4.3B	4.4B	4.1B	3.7B	2.7B
Cost of Revenue	261.7M	1.2B	1.1B	1.0B	972.5M
Gross Profit	805.0M	3.2B	3.0B	2.6B	1.7B
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	685.4M	2.9B	2.3B	2.3B	1.6B
General & Admin Expense	—	—	—	—	—
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	—	—	—	—	—
Total Operating Expenses	685.4M	2.9B	2.3B	2.3B	1.6B
Cost and Expenses	3.9B	4.0B	3.5B	3.3B	2.6B
Operating Income (EBIT)	379.0M	354.0M	640.0M	332.0M	101.0M
Non-Operating
Interest Income	77.0K	5.9M	1.5M	19.0K	11.0K
Interest Expense	8.0K	210.0K	56.0K	132.0K	345.0K
Net Interest Income	69.0K	5.7M	1.4M	(113.0K)	(334.0K)
Other Non-Op Income/Expense	(383.0K)	19.8M	1.6M	(1.5M)	(8.6M)
Non-Operating Income (excl Interest)	293.0K	15.5M	824.0K	1.7M	3.8M
EBT (Pre-Tax Income)	119.2M	262.7M	649.9M	323.2M	86.3M
Income Tax Expense	35.4M	84.1M	97.2M	15.0M	(2.1M)
Bottom Line
Net Income	367.0M	178.0M	552.0M	308.0M	88.0M
Earnings from Cont. Ops	—	—	—	—	—
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	367.0M	178.0M	552.0M	308.0M	88.0M
Per Share
Basic EPS	¥57	¥28	¥85	¥48	¥14
Diluted EPS	¥57	¥28	¥85	¥47	—
Revenue Per Share	¥667	¥681	¥634	¥567	¥428
Shares
Basic Shares Outstanding	6.5M	6.5M	6.5M	6.5M	6.3M
Diluted Shares Outstanding	—	—	—	—	—
Profitability Metrics
EBITDA	—	474.2M	743.0M	432.8M	193.5M
D&A	—	120.2M	103.0M	100.8M	92.5M
EBIT	379.0M	354.0M	640.0M	332.0M	101.0M

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Mar 1, 2026