Income Statement

Earnings Waterfall
ispace Inc

Income Statement
ispace Inc

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Income Statement
Currency: JPY
Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024 Dec-2024 Mar-2025 Jun-2025 Sep-2025 Dec-2025
Revenue
Interest Expense
192
299
368
492
667
818
920
0
0
0
Revenue
2 319
N/A
1 991
-14%
2 357
+18%
2 177
-8%
2 369
+9%
2 520
+6%
4 743
+88%
5 273
+11%
5 595
+6%
5 498
-2%
Gross Profit
Cost of Revenue
(1 080)
(1 057)
(1 429)
(1 713)
(1 922)
(2 028)
(2 499)
(2 904)
(3 173)
(4 289)
Gross Profit
1 239
N/A
934
-25%
928
-1%
464
-50%
447
-4%
492
+10%
2 245
+356%
2 369
+6%
2 423
+2%
1 209
-50%
Operating Income
Operating Expenses
(14 304)
(6 355)
(6 430)
(7 151)
(7 642)
(8 679)
(12 040)
(12 112)
(12 646)
(11 519)
Selling, General & Administrative
(14 304)
(6 355)
(2 596)
(7 151)
(7 642)
(8 679)
(4 309)
(12 112)
(12 646)
(11 519)
Research & Development
0
0
(3 834)
0
0
0
(7 731)
0
0
0
Other Operating Expenses
0
0
(0)
0
0
(0)
(0)
0
(0)
(0)
Operating Income
(13 065)
N/A
(5 420)
+59%
(5 502)
-2%
(6 687)
-22%
(7 195)
-8%
(8 187)
-14%
(9 795)
-20%
(9 743)
+1%
(10 223)
-5%
(10 310)
-1%
Pre-Tax Income
Interest Income Expense
168
(327)
292
652
(1 853)
419
(1 469)
(2 792)
7
(522)
Non-Reccuring Items
3 793
3 750
3 750
3 749
(641)
(597)
(622)
(621)
(24)
(26)
Total Other Income
(739)
(503)
(888)
(263)
(583)
(520)
(70)
(101)
212
36
Pre-Tax Income
(9 843)
N/A
(2 501)
+75%
(2 348)
+6%
(2 549)
-9%
(10 272)
-303%
(8 885)
+14%
(11 957)
-35%
(13 258)
-11%
(10 028)
+24%
(10 822)
-8%
Net Income
Tax Provision
(18)
(17)
(19)
(21)
(24)
(10)
12
13
11
(5)
Income from Continuing Operations
(9 860)
(2 518)
(2 366)
(2 571)
(10 296)
(8 895)
(11 945)
(13 246)
(10 017)
(10 827)
Net Income (Common)
(9 860)
N/A
(2 518)
+74%
(2 366)
+6%
(2 571)
-9%
(10 296)
-301%
(8 895)
+14%
(11 945)
-34%
(13 246)
-11%
(10 017)
+24%
(10 827)
-8%
EPS (Diluted)
-118.46
N/A
-33.06
+72%
-29.05
+12%
-27.59
+5%
-110.45
-300%
-92.46
+16%
-124.32
-34%
-125.19
-1%
-94.59
+24%
-79.08
+16%
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