Cash flow GMO internet, Inc.

Equities

4784

JP3863050005

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Market Closed - Japan Exchange Other stock markets 02:30:00 2025-07-14 am EDT			5-day change	1st Jan Change
2,330.00 ^JPY	+20.73%		+49.26%	+94.33%

May. 29	GMO Financial Gate Gets Nod to Transfer Tokyo Bourse Listing to Prime Market	MT
May. 26	GMO Internet Cancels Share Offering Amid Market Conditions	MT

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Published financial data: GMO INTERNET, INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	34.52B	34.52B	16.63B	14.9B	13B
Total Revenues	34.52B	34.52B	16.63B	14.9B	13B
Cost of Goods Sold, Total	28.59B	28.37B	9.43B	8.57B	7.02B
Gross Profit	5.93B	6.16B	7.2B	6.33B	5.97B
Selling General & Admin Expenses, Total	5.57B	5.67B	6.49B	6.36B	5.83B
Provision for Bad Debts	-	-	-	-	-
Depreciation & Amortization - (IS)	-	-	-	-	-
Amortization of Goodwill and Intangible Assets - (IS)	-	-	-	-	-
Other Operating Expenses, Total	5.57B	5.67B	6.49B	6.36B	5.83B
Operating Income	365M	487M	711M	-26M	140M
Interest Expense, Total	-	-	-	-	-
Interest And Investment Income	170M	34M	11M	119M	6M
Net Interest Expenses	170M	34M	11M	119M	6M
Income (Loss) On Equity Invest.	-11M	-1M	1M	-1M	2M
Currency Exchange Gains (Loss)	34M	8M	2M	54M	-
Other Non Operating Income (Expenses)	13M	13M	19M	33M	4M
EBT, Excl. Unusual Items	571M	541M	744M	179M	152M
Gain (Loss) On Sale Of Investments	-179M	-	-	-	-34M
Gain (Loss) On Sale Of Assets	-1M	-	-	-	-
Asset Writedown	-	-	-34M	-	-8M
Other Unusual Items	-	23M	-	1M	4M
EBT, Incl. Unusual Items	391M	564M	710M	180M	114M
Income Tax Expense	115M	219M	307M	135M	106M
Earnings From Continuing Operations	276M	345M	403M	45M	8M
Net Income to Company	276M	345M	403M	45M	8M
Minority Interest	-16M	-17M	-8M	-5M	-12M
Net Income - (IS)	260M	328M	395M	40M	-4M
Net Income to Common Incl Extra Items	260M	328M	395M	40M	-4M
Net Income to Common Excl. Extra Items	260M	328M	395M	40M	-4M
Per Share Items
Net EPS - Basic	16.2	20.51	24.93	2.48	-0.25
Basic EPS - Continuing Operations	16.2	20.51	24.93	2.48	-0.25
Basic Weighted Average Shares Outstanding	16.05M	15.99M	15.85M	16.11M	16.12M
Net EPS - Diluted	16.2	20.5	24.85	2.48	-0.25
Diluted EPS - Continuing Operations	16.2	20.5	24.85	2.48	-0.25
Diluted Weighted Average Shares Outstanding	16.07M	16M	15.93M	16.12M	16.12M
Normalized Basic EPS	21.24	20.08	28.84	6.63	5.15
Normalized Diluted EPS	21.21	20.07	28.68	6.63	5.15
Dividend Per Share	8.2	-	12.5	1.3	6.9
Payout Ratio	46.15	39.94	43.29	500	-525
Supplemental Items
EBITDA	577M	622M	856M	125M	299M
EBITA	399M	487M	719M	-18M	148M
EBIT	365M	487M	711M	-26M	140M
EBITDAR	1.13B	1.15B	1.37B	-	-
Effective Tax Rate - (Ratio)	29.41	38.83	43.24	75	92.98
Normalized Net Income	341M	321M	457M	107M	83M
Supplemental Operating Expense Items
Advertising Expense	-	-	-	-	-
Selling and Marketing Expenses	-	-	-	-	-
General and Administrative Expenses	-	-	-	-	-
Net Rental Expense, Total	557M	529M	516M	-	-

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	5.01B	4.71B	5.34B	4.18B	4.02B
Short Term Investments	-	860M	860M	860M	900M
Total Cash And Short Term Investments	5.01B	5.57B	6.2B	5.04B	4.92B
Accounts Receivable, Total	3.63B	3.84B	4.08B	3.58B	3.49B
Total Receivables	3.63B	3.84B	4.08B	3.58B	3.49B
Inventory	3M	7M	3M	1M	-
Deferred Tax Assets Current	-	-	-	-	-
Other Current Assets, Total	123M	210M	215M	455M	249M
Total Current Assets	8.77B	9.63B	10.5B	9.08B	8.66B
Net Property Plant And Equipment	362M	325M	302M	288M	270M
Long-term Investments	2.28B	1.08B	1.07B	1.02B	1.05B
Goodwill	-	43M	34M	25M	16M
Other Intangibles, Total	272M	346M	310M	305M	194M
Deferred Tax Assets Long-Term	207M	199M	200M	128M	161M
Other Long-Term Assets, Total	2M	2M	1M	2M	2M
Total Assets	11.9B	11.63B	12.42B	10.85B	10.36B
Liabilities
Accounts Payable, Total	3.99B	4.04B	4.3B	3.69B	3.31B
Accrued Expenses, Total	130M	148M	191M	98M	91M
Short-term Borrowings	-	-	-	-	-
Current Income Taxes Payable	592M	579M	798M	395M	622M
Deferred Tax Liability Current	-	-	-	-	-
Other Current Liabilities	1.11B	1.16B	1.26B	977M	741M
Total Current Liabilities	5.82B	5.92B	6.55B	5.16B	4.77B
Deferred Tax Liability Non Current	47M	23M	17M	12M	8M
Other Non Current Liabilities	647M	482M	421M	436M	335M
Total Liabilities	6.52B	6.43B	6.99B	5.61B	5.11B
Common Stock, Total	1.3B	1.3B	1.3B	1.3B	1.3B
Additional Paid In Capital	2.13B	2.14B	2.15B	2.15B	2.15B
Retained Earnings	1.7B	1.9B	2.06B	1.9B	1.88B
Treasury Stock	-253M	-395M	-280M	-252M	-251M
Comprehensive Income and Other	469M	227M	165M	103M	123M
Total Common Equity	5.35B	5.17B	5.4B	5.2B	5.2B
Minority Interest	29M	37M	35M	35M	44M
Total Equity	5.38B	5.2B	5.43B	5.24B	5.24B
Total Liabilities And Equity	11.9B	11.63B	12.42B	10.85B	10.36B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	16.05M	15.76M	16.11M	16.12M	274M
ECS Total Common Shares Outstanding	16.05M	-	16.05M	16.12M	16.12M
Book Value / Share	333.4	327.86	336.32	322.8	322.55
Tangible Book Value	5.08B	4.78B	5.05B	4.87B	4.99B
Tangible Book Value Per Share	316.45	303.18	314.89	302.33	309.53
Total Debt	0	0	0	0	0
Net Debt	-5.01B	-5.57B	-6.2B	-5.04B	-4.92B
Debt Equivalent Oper. Leases	4.46B	4.23B	4.13B	-	-
Minority Interest, Total (Incl. Fin. Div)	29M	37M	35M	35M	44M
Inventories - Raw Materials, Total	2M	3M	-	1M	-
Inventories - Work In Process, Total	-	4M	3M	-	-
Inventories - Finished Goods, Total	-	-	-	-	-
Inventories - Others	1M	-	-	-	-
Full Time Employees	620	613	611	563	453
Accumulated Allowance for Doubtful Accounts (Supple)	37M	35M	35M	37M	34M

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	392M	565M	712M	181M	113M
Depreciation & Amortization - CF	178M	135M	137M	143M	151M
Amortization of Goodwill and Intangible Assets - (CF)	34M	-	8M	8M	8M
Depreciation & Amortization, Total	212M	135M	145M	151M	159M
(Gain) Loss From Sale Of Asset	1M	-	34M	-	8M
(Gain) Loss on Sale of Investments - (CF)	179M	-	-	-	34M
(Income) Loss On Equity Investments - (CF)	11M	1M	-1M	1M	-2M
Other Operating Activities, Total	-54M	-229M	-104M	-374M	212M
Change In Accounts Receivable	21M	-129M	-193M	390M	-19M
Change In Inventories	-	-	-	-	-
Change In Accounts Payable	-27M	23M	284M	-608M	-376M
Change in Other Net Operating Assets	498M	-171M	4M	-653M	-123M
Cash from Operations	1.23B	195M	881M	-912M	6M
Capital Expenditure	-67M	-27M	-13M	-22M	-9M
Cash Acquisitions	-	-	-	-	-
Divestitures	-	-	-	-	-
Sale (Purchase) of Intangible assets	-142M	-206M	-102M	-127M	-31M
Investment in Marketable and Equity Securities, Total	-	-65M	-99M	-66M	-90M
Net (Increase) Decrease in Loans Originated / Sold - Investing	-	-	-	-	-
Other Investing Activities, Total	262M	92M	17M	147M	-14M
Cash from Investing	53M	-206M	-197M	-68M	-144M
Short Term Debt Issued, Total	-	-	-	-	-
Total Debt Issued	-	-	-	-	-
Short Term Debt Repaid, Total	-	-	-	-	-
Long-Term Debt Repaid, Total	-	-	-	-	-
Total Debt Repaid	-	-	-	-	-
Issuance of Common Stock	-	20M	126M	28M	1M
Repurchase of Common Stock	-	-164M	-	-	-
Common & Preferred Stock Dividends Paid	-120M	-131M	-171M	-200M	-21M
Common & Preferred Stock Dividends Paid	-120M	-131M	-171M	-200M	-21M
Other Financing Activities, Total	-206M	-10M	-10M	-5M	-2M
Cash from Financing	-326M	-285M	-55M	-177M	-22M
Foreign Exchange Rate Adjustments	-	-	-	-	-
Miscellaneous Cash Flow Adjustments	-	-	-1M	-	-
Net Change in Cash	960M	-296M	628M	-1.16B	-160M
Supplemental Items
Cash Interest Paid	-	-	-	-	-
Cash Income Tax Paid (Refund)	63M	235M	123M	383M	-202M
Levered Free Cash Flow	890M	6.38M	863M	-1.15B	118M
Unlevered Free Cash Flow	890M	6.38M	863M	-1.15B	118M
Change In Net Working Capital	-659M	200M	-389M	1.13B	89M
Net Debt Issued / Repaid	-	-	-	-	-

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	1.97	2.59	3.69	-0.14	0.83
Return on Total Capital	4.32	5.75	8.36	-0.3	1.67
Return On Equity %	5.22	6.52	7.58	0.84	0.15
Return on Common Equity	5.04	6.24	7.48	0.75	-0.08
Margin Analysis
Gross Profit Margin %	17.18	17.83	43.29	42.47	45.96
SG&A Margin	16.13	16.42	39.01	42.64	44.89
EBITDA Margin %	1.67	1.8	5.15	0.84	2.3
EBITA Margin %	1.16	1.41	4.32	-0.12	1.14
EBIT Margin %	1.06	1.41	4.28	-0.17	1.08
Income From Continuing Operations Margin %	0.8	1	2.42	0.3	0.06
Net Income Margin %	0.75	0.95	2.38	0.27	-0.03
Net Avail. For Common Margin %	0.75	0.95	2.38	0.27	-0.03
Normalized Net Income Margin	0.99	0.93	2.75	0.72	0.64
Levered Free Cash Flow Margin	2.58	0.02	5.19	-7.68	0.9
Unlevered Free Cash Flow Margin	2.58	0.02	5.19	-7.68	0.9
Asset Turnover
Asset Turnover	2.98	2.93	1.38	1.28	1.23
Fixed Assets Turnover	88.97	100.51	53.04	50.52	46.58
Receivables Turnover (Average Receivables)	9.51	9.24	4.2	3.89	3.68
Inventory Turnover (Average Inventory)	6.35K	5.67K	1.89K	4.29K	-
Short Term Liquidity
Current Ratio	1.51	1.63	1.6	1.76	1.82
Quick Ratio	1.48	1.59	1.57	1.67	1.76
Operating Cash Flow to Current Liabilities	0.21	0.03	0.13	-0.18	0
Days Sales Outstanding (Average Receivables)	38.5	39.52	86.96	93.86	99.55
Days Outstanding Inventory (Average Inventory)	0.06	0.06	0.19	0.09	-
Average Days Payable Outstanding	51.27	51.63	161.42	170.15	-
Cash Conversion Cycle (Average Days)	-12.71	-12.05	-74.26	-76.2	-
Long Term Solvency
Total Debt/Equity	-	-	-	-	-
Total Debt / Total Capital	-	-	-	-	-
Total Liabilities / Total Assets	54.78	55.26	56.27	51.7	49.35
EBIT / Interest Expense	-	-	-	-	-
EBITDA / Interest Expense	-	-	-	-	-
(EBITDA - Capex) / Interest Expense	-	-	-	-	-
Total Debt / EBITDA	-	-	-	-	-
Net Debt / EBITDA	-8.68	-8.96	-7.25	-40.36	-16.47
Total Debt / (EBITDA - Capex)	-	-	-	-	-
Net Debt / (EBITDA - Capex)	-9.83	-9.37	-7.36	-48.98	-16.98
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-0.06	0.01	-51.83	-10.38	-12.79
Gross Profit, 1 Yr. Growth %	-2.69	3.76	16.95	-12.07	-5.61
EBITDA, 1 Yr. Growth %	-25.16	7.8	37.62	-85.4	139.2
EBITA, 1 Yr. Growth %	-22.52	22.06	47.64	-102.5	-922.22
EBIT, 1 Yr. Growth %	-18.16	33.42	46	-103.66	-638.46
Earnings From Cont. Operations, 1 Yr. Growth %	9.09	25	16.81	-88.83	-82.22
Net Income, 1 Yr. Growth %	8.33	26.15	20.43	-89.87	-110
Normalized Net Income, 1 Yr. Growth %	22.78	-5.79	42.31	-76.61	-22.34
Diluted EPS Before Extra, 1 Yr. Growth %	8.87	26.54	21.22	-90.01	-109.99
Accounts Receivable, 1 Yr. Growth %	0.17	5.72	6.25	-12.22	-2.68
Inventory, 1 Yr. Growth %	-50	133.33	-57.14	-66.67	-
Net Property, Plant and Equip., 1 Yr. Growth %	-12.56	-10.22	-7.08	-4.64	-6.25
Total Assets, 1 Yr. Growth %	5.47	-2.24	6.81	-12.69	-4.53
Tangible Book Value, 1 Yr. Growth %	8.92	-5.93	5.78	-3.56	2.4
Common Equity, 1 Yr. Growth %	7.67	-3.44	4.47	-3.59	-0.06
Cash From Operations, 1 Yr. Growth %	156.34	-84.18	351.79	-203.52	-100.66
Capital Expenditures, 1 Yr. Growth %	13.56	-59.7	-51.85	69.23	-59.09
Levered Free Cash Flow, 1 Yr. Growth %	113.59	-99.28	13.44K	-232.65	-110.26
Unlevered Free Cash Flow, 1 Yr. Growth %	113.59	-99.28	13.44K	-232.65	-110.26
Dividend Per Share, 1 Yr. Growth %	9.33	-	-	-89.6	430.77
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	0.75	-0.02	-30.59	-34.3	-11.59
Gross Profit, 2 Yr. CAGR %	-6.52	0.48	10.16	1.4	-8.9
EBITDA, 2 Yr. CAGR %	-20.76	-10.18	21.8	-55.17	-40.9
EBITA, 2 Yr. CAGR %	-22.48	-2.76	34.24	-80.78	-54.63
EBIT, 2 Yr. CAGR %	-15.24	4.5	39.57	-76.89	-55.63
Earnings From Cont. Operations, 2 Yr. CAGR %	1.86	16.77	20.84	-63.88	-85.91
Net Income, 2 Yr. CAGR %	5.18	16.9	23.26	-65.08	-89.94
Normalized Net Income, 2 Yr. CAGR %	7.11	7.55	15.79	-42.31	-57.38
Diluted EPS Before Extra, 2 Yr. CAGR %	6.38	17.37	23.85	-65.2	-90.01
Accounts Receivable, 2 Yr. CAGR %	-3.02	2.91	5.98	-3.43	-7.58
Inventory, 2 Yr. CAGR %	-29.29	8.01	0	-62.2	-
Net Property, Plant and Equip., 2 Yr. CAGR %	28.57	-11.4	-8.66	-5.86	-5.45
Total Assets, 2 Yr. CAGR %	3.5	1.54	2.19	-3.43	-8.7
Tangible Book Value, 2 Yr. CAGR %	5.79	1.23	-0.25	1	-0.63
Common Equity, 2 Yr. CAGR %	4.74	1.96	0.44	0.36	-1.84
Cash From Operations, 2 Yr. CAGR %	-3.72	-36.33	-15.47	116.26	-91.75
Capital Expenditures, 2 Yr. CAGR %	78.62	-32.35	-55.95	-9.73	-16.8
Levered Free Cash Flow, 2 Yr. CAGR %	-18.08	-87.63	-1.51	1.24K	-63.11
Unlevered Free Cash Flow, 2 Yr. CAGR %	-18.08	-87.63	-1.51	1.24K	-63.11
Dividend Per Share, 2 Yr. CAGR %	6.72	-	23.47	-	-25.7
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	2.6	0.51	-21.62	-24.42	-27.79
Gross Profit, 3 Yr. CAGR %	-5.35	-3.22	5.7	2.18	-0.99
EBITDA, 3 Yr. CAGR %	-19.03	-12.2	3.55	-39.94	-21.66
EBITA, 3 Yr. CAGR %	-22.34	-9.82	11.77	-64.4	-32.77
EBIT, 3 Yr. CAGR %	-12.4	-1.4	16.82	-58.55	-34
Earnings From Cont. Operations, 3 Yr. CAGR %	15.74	9.06	16.79	-45.37	-71.48
Net Income, 3 Yr. CAGR %	16.84	11.76	18.07	-46.42	-76.98
Normalized Net Income, 3 Yr. CAGR %	0.71	2.62	18.07	-32.06	-36.3
Diluted EPS Before Extra, 3 Yr. CAGR %	17.92	12.72	18.64	-46.49	-77.04
Accounts Receivable, 3 Yr. CAGR %	0.57	-0.19	4.01	-0.47	-3.18
Inventory, 3 Yr. CAGR %	-15.66	5.27	-20.63	-30.66	-
Net Property, Plant and Equip., 3 Yr. CAGR %	15.82	14.06	-9.98	-7.34	-5.99
Total Assets, 3 Yr. CAGR %	5.51	1.55	3.27	-3.03	-3.8
Tangible Book Value, 3 Yr. CAGR %	6.45	1.73	2.72	-1.36	1.46
Common Equity, 3 Yr. CAGR %	3.97	1.94	2.79	-0.92	0.22
Cash From Operations, 3 Yr. CAGR %	-0.61	-47.27	22.35	-9.56	-68.66
Capital Expenditures, 3 Yr. CAGR %	21.89	8.74	-39.6	-31.01	-30.66
Levered Free Cash Flow, 3 Yr. CAGR %	-5.44	-83.13	27.48	8.76	164.15
Unlevered Free Cash Flow, 3 Yr. CAGR %	-5.46	-83.13	27.48	8.76	164.15
Dividend Per Share, 3 Yr. CAGR %	17.93	-	18.56	-45.88	-
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	4.19	2.51	-12.25	-15.21	-17.76
Gross Profit, 5 Yr. CAGR %	-2.7	-2.03	0.57	-1.39	-0.4
EBITDA, 5 Yr. CAGR %	-8.38	-5.03	-4.67	-32.9	-17.26
EBITA, 5 Yr. CAGR %	-10.71	-3.73	-3.34	-51.4	-22.07
EBIT, 5 Yr. CAGR %	4.14	12.94	5.54	-44.81	-20.68
Earnings From Cont. Operations, 5 Yr. CAGR %	30.83	221.78	17.75	-29.91	-49.88
Net Income, 5 Yr. CAGR %	21.06	73.27	19.37	-29.82	-55.91
Normalized Net Income, 5 Yr. CAGR %	11.59	15.52	6.49	-18.49	-21.45
Diluted EPS Before Extra, 5 Yr. CAGR %	21.56	74.17	20.26	-29.56	-55.9
Accounts Receivable, 5 Yr. CAGR %	-0.39	-0.24	2.7	-1.5	-0.79
Inventory, 5 Yr. CAGR %	-26.52	-4.9	-9.71	-30.12	-
Net Property, Plant and Equip., 5 Yr. CAGR %	7.18	5.47	5.32	5.63	-8.19
Total Assets, 5 Yr. CAGR %	2.08	1.74	4.17	-0.47	-1.69
Tangible Book Value, 5 Yr. CAGR %	8.39	6.24	3.72	1.44	1.37
Common Equity, 5 Yr. CAGR %	2.95	2.74	2.54	1.3	0.91
Cash From Operations, 5 Yr. CAGR %	8.42	-19.62	-6.85	-7.27	-58.39
Capital Expenditures, 5 Yr. CAGR %	-4.65	-17.35	-18.88	0.93	-31.34
Levered Free Cash Flow, 5 Yr. CAGR %	1.63	-53.67	-3.89	-2.9	-22.37
Unlevered Free Cash Flow, 5 Yr. CAGR %	1.55	-53.76	-3.9	-2.9	-22.37
Dividend Per Share, 5 Yr. CAGR %	-	-	20.11	-28.99	-1.65