Income Statement Soracom, Inc.

Equities

147A

JP3436240000

IT Services & Consulting

Delayed Japan Exchange Other stock markets 09:30:00 2026-03-05 pm EST			5-day change	1st Jan Change
1,010.00 ^JPY	+2.02%		-0.59%	-18.48%

Mar. 03	Soracom Opens Pre-Orders For SGP.32-Compatible Connectivity Hypervisor	CI
Feb. 24	Soracom Inc. Partners with Bridgepointe Technologies to Bring Enterprises More Complete IoT Connectivity Solution	CI

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Published financial data: SORACOM, INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2022	2023	2024	2025
Revenues	5.45B	6.3B	7.93B	8.99B
Total Revenues	5.45B	6.3B	7.93B	8.99B
Cost of Goods Sold, Total	2.72B	3.03B	3.44B	3.96B
Gross Profit	2.73B	3.27B	4.49B	5.03B
Selling General & Admin Expenses, Total	2.23B	3.17B	3.76B	4.37B
Provision for Bad Debts	-	-	-	2M
Other Operating Expenses	-	-	-	1M
Other Operating Expenses, Total	2.23B	3.17B	3.76B	4.38B
Operating Income	501M	102M	727M	657M
Interest Expense, Total	-8M	-7M	-6M	-5M
Interest And Investment Income	2M	2M	-	4M
Net Interest Expenses	-6M	-5M	-6M	-1M
Currency Exchange Gains (Loss)	-28M	16M	-58M	-26M
Other Non Operating Income (Expenses)	-2M	-1M	-26M	-12M
EBT, Excl. Unusual Items	465M	112M	637M	618M
Gain (Loss) On Sale Of Investments	1M	54M	-	-198M
Other Unusual Items	-	1M	-	-
EBT, Incl. Unusual Items	466M	167M	637M	420M
Income Tax Expense	129M	97M	152M	82M
Earnings From Continuing Operations	337M	70M	485M	338M
Net Income to Company	337M	70M	485M	338M
Minority Interest	-	-	-	14M
Net Income - (IS)	337M	70M	485M	352M
Net Income to Common Incl Extra Items	337M	70M	485M	352M
Net Income to Common Excl. Extra Items	337M	70M	485M	352M
Per Share Items
Net EPS - Basic	8.76	1.82	12.58	7.82
Basic EPS - Continuing Operations	8.76	1.82	12.58	7.82
Basic Weighted Average Shares Outstanding	38.49M	38.49M	38.56M	44.99M
Net EPS - Diluted	8.76	1.82	12.57	7.48
Diluted EPS - Continuing Operations	8.76	1.82	12.57	7.48
Diluted Weighted Average Shares Outstanding	38.49M	38.49M	38.63M	47.18M
Normalized Basic EPS	7.55	1.82	10.32	8.9
Normalized Diluted EPS	7.55	1.82	10.31	8.48
Supplemental Items
EBITDA	-	-	814M	777M
EBITA	501M	102M	727M	660M
EBIT	501M	102M	727M	657M
Effective Tax Rate - (Ratio)	27.68	58.08	23.86	19.52
Normalized Net Income	291M	70M	398M	400M
Supplemental Operating Expense Items
Advertising Expense	-	-	433M	516M
Selling and Marketing Expenses	-	-	433M	516M
Research And Development Expense From Footnotes	-	-	36M	17M

Fiscal Period: March	2022	2023	2024	2025
Assets
Cash And Equivalents	1.62B	3.53B	7.7B	8.92B
Total Cash And Short Term Investments	1.62B	3.53B	7.7B	8.92B
Accounts Receivable, Total	779M	887M	1.74B	2.42B
Notes Receivable	2.14B	-	-	-
Total Receivables	2.92B	887M	1.74B	2.42B
Inventory	357M	373M	388M	386M
Other Current Assets, Total	191M	282M	272M	581M
Total Current Assets	5.09B	5.07B	10.09B	12.31B
Net Property Plant And Equipment	61M	94M	96M	85M
Long-term Investments	342M	306M	329M	332M
Goodwill	-	-	-	47M
Other Intangibles, Total	140M	187M	282M	507M
Deferred Tax Assets Long-Term	-	-	94M	105M
Deferred Charges Long-Term	-	-	20M	17M
Other Long-Term Assets, Total	1M	2M	2M	2M
Total Assets	5.63B	5.66B	10.92B	13.4B
Liabilities
Accounts Payable, Total	156M	196M	579M	814M
Accrued Expenses, Total	16M	42M	69M	67M
Current Portion of Long-Term Debt	-	-	-	249M
Current Portion of Leases	11M	8M	12M	12M
Other Current Liabilities	1.55B	1.4B	1.8B	1.18B
Total Current Liabilities	1.74B	1.65B	2.46B	2.32B
Long-Term Debt	-	-	-	687M
Long-Term Leases	30M	16M	12M	-
Other Non Current Liabilities	29M	37M	41M	44M
Total Liabilities	1.8B	1.7B	2.51B	3.05B
Common Stock, Total	100M	100M	2B	2.75B
Additional Paid In Capital	3.63B	3.63B	5.53B	6.28B
Retained Earnings	-54M	16M	502M	855M
Comprehensive Income and Other	166M	218M	365M	437M
Total Common Equity	3.84B	3.96B	8.4B	10.32B
Minority Interest	-	-	-	38M
Total Equity	3.84B	3.96B	8.4B	10.35B
Total Liabilities And Equity	5.63B	5.66B	10.92B	13.4B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	38.49M	38.49M	45.08M	45.24M
ECS Total Common Shares Outstanding	38.49M	38.49M	43.22M	45.15M
Book Value / Share	99.75	102.92	194.42	228.44
Tangible Book Value	3.7B	3.77B	8.12B	9.76B
Tangible Book Value Per Share	96.11	98.06	187.9	216.17
Total Debt	41M	24M	24M	948M
Net Debt	-1.58B	-3.51B	-7.67B	-7.97B
Minority Interest, Total (Incl. Fin. Div)	-	-	-	38M
Inventories - Finished Goods, Total	357M	373M	388M	386M
Full Time Employees	-	143	150	176
Accumulated Allowance for Doubtful Accounts (Supple)	9M	2M	1M	4M

Fiscal Period: March	2022	2023	2024	2025
Net Income	-	-	638M	421M
Depreciation & Amortization - CF	-	-	87M	117M
Amortization of Goodwill and Intangible Assets - (CF)	-	-	-	3M
Depreciation & Amortization, Total	-	-	87M	120M
(Gain) Loss on Sale of Investments - (CF)	-	-	-	198M
Other Operating Activities, Total	-	-	-211M	-88M
Change In Accounts Receivable	-	-	-814M	-683M
Change In Inventories	-	-	12M	9M
Change In Accounts Payable	-	-	370M	223M
Change in Other Net Operating Assets	-	-	374M	-928M
Cash from Operations	-	-	456M	-728M
Capital Expenditure	-	-	-18M	-18M
Cash Acquisitions	-	-	-	59M
Sale (Purchase) of Intangible assets	-	-	-154M	-306M
Investment in Marketable and Equity Securities, Total	-	-	-	-160M
Other Investing Activities, Total	-	-	2M	-49M
Cash from Investing	-	-	-170M	-474M
Long-Term Debt Issued, Total	-	-	-	1B
Total Debt Issued	-	-	-	1B
Long-Term Debt Repaid, Total	-	-	-	-63M
Total Debt Repaid	-	-	-	-63M
Issuance of Common Stock	-	-	3.8B	1.51B
Other Financing Activities, Total	-	-	-12M	6M
Cash from Financing	-	-	3.79B	2.45B
Foreign Exchange Rate Adjustments	-	-	87M	-27M
Miscellaneous Cash Flow Adjustments	-	-	-	-2M
Net Change in Cash	-	-	4.16B	1.22B
Supplemental Items
Cash Interest Paid	-	-	1M	1M
Cash Income Tax Paid (Refund)	-	-	217M	94M
Levered Free Cash Flow	-	-	319M	-1.18B
Unlevered Free Cash Flow	-	-	322M	-1.18B
Change In Net Working Capital	-	-1.84B	47M	1.38B
Net Debt Issued / Repaid	-	-	-	937M

Fiscal Period: March	2022	2023	2024	2025
Profitability
Return on Assets	-	1.13	5.48	3.38
Return on Total Capital	-	1.62	7.32	4.16
Return On Equity %	-	1.79	7.85	3.6
Return on Common Equity	-	1.79	7.85	3.76
Margin Analysis
Gross Profit Margin %	50.04	51.91	56.66	55.97
SG&A Margin	40.84	50.29	47.49	48.63
EBITDA Margin %	-	-	10.27	8.64
EBITA Margin %	9.19	1.62	9.17	7.34
EBIT Margin %	9.19	1.62	9.17	7.31
Income From Continuing Operations Margin %	6.18	1.11	6.12	3.76
Net Income Margin %	6.18	1.11	6.12	3.91
Net Avail. For Common Margin %	6.18	1.11	6.12	3.91
Normalized Net Income Margin	5.33	1.11	5.02	4.45
Levered Free Cash Flow Margin	-	-	4.02	-13.14
Unlevered Free Cash Flow Margin	-	-	4.07	-13.1
Asset Turnover
Asset Turnover	-	1.12	0.96	0.74
Fixed Assets Turnover	-	81.28	83.45	99.37
Receivables Turnover (Average Receivables)	-	7.56	6.04	4.32
Inventory Turnover (Average Inventory)	-	8.3	9.03	10.23
Short Term Liquidity
Current Ratio	2.93	3.08	4.1	5.31
Quick Ratio	1.38	2.68	3.83	4.89
Operating Cash Flow to Current Liabilities	-	-	0.19	-0.31
Days Sales Outstanding (Average Receivables)	-	48.27	60.57	84.44
Days Outstanding Inventory (Average Inventory)	-	43.98	40.53	35.67
Average Days Payable Outstanding	-	21.1	41.1	64.23
Cash Conversion Cycle (Average Days)	-	71.15	60	55.88
Long Term Solvency
Total Debt/Equity	1.07	0.61	0.29	9.16
Total Debt / Total Capital	1.06	0.6	0.28	8.39
LT Debt/Equity	0.78	0.4	0.14	6.64
Long-Term Debt / Total Capital	0.77	0.4	0.14	6.08
Total Liabilities / Total Assets	31.86	30.05	23.03	22.76
EBIT / Interest Expense	62.62	14.57	121.17	131.4
EBITDA / Interest Expense	-	-	135.67	155.4
(EBITDA - Capex) / Interest Expense	-	-	132.67	151.8
Total Debt / EBITDA	-	-	0.03	1.22
Net Debt / EBITDA	-	-	-9.43	-10.26
Total Debt / (EBITDA - Capex)	-	-	0.03	1.25
Net Debt / (EBITDA - Capex)	-	-	-9.64	-10.5
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-	15.58	25.86	13.43
Gross Profit, 1 Yr. Growth %	-	19.91	37.37	12.04
EBITDA, 1 Yr. Growth %	-	-	-	-4.55
EBITA, 1 Yr. Growth %	-	-79.64	612.74	-9.22
EBIT, 1 Yr. Growth %	-	-79.64	612.74	-9.63
Earnings From Cont. Operations, 1 Yr. Growth %	-	-79.23	592.86	-30.31
Net Income, 1 Yr. Growth %	-	-79.23	592.86	-27.42
Normalized Net Income, 1 Yr. Growth %	-	-75.91	468.75	0.53
Diluted EPS Before Extra, 1 Yr. Growth %	-	-79.23	591.12	-40.49
Accounts Receivable, 1 Yr. Growth %	-	13.86	95.83	39.55
Inventory, 1 Yr. Growth %	-	4.48	4.02	-0.52
Net Property, Plant and Equip., 1 Yr. Growth %	-	54.1	2.13	-11.46
Total Assets, 1 Yr. Growth %	-	0.51	92.78	22.77
Tangible Book Value, 1 Yr. Growth %	-	2.03	115.18	20.19
Common Equity, 1 Yr. Growth %	-	3.18	112.14	22.75
Cash From Operations, 1 Yr. Growth %	-	-	-	-259.65
Capital Expenditures, 1 Yr. Growth %	-	-	-	0
Levered Free Cash Flow, 1 Yr. Growth %	-	-	-	-470.81
Unlevered Free Cash Flow, 1 Yr. Growth %	-	-	-	-465.53
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	-	20.61	19.49
Gross Profit, 2 Yr. CAGR %	-	-	28.34	24.06
EBITA, 2 Yr. CAGR %	-	-	20.46	154.37
EBIT, 2 Yr. CAGR %	-	-	20.46	153.79
Earnings From Cont. Operations, 2 Yr. CAGR %	-	-	19.97	119.74
Net Income, 2 Yr. CAGR %	-	-	19.97	124.24
Normalized Net Income, 2 Yr. CAGR %	-	-	17.04	139.12
Diluted EPS Before Extra, 2 Yr. CAGR %	-	-	19.81	102.8
Accounts Receivable, 2 Yr. CAGR %	-	-	49.32	65.31
Inventory, 2 Yr. CAGR %	-	-	4.25	1.73
Net Property, Plant and Equip., 2 Yr. CAGR %	-	-	25.45	-4.91
Total Assets, 2 Yr. CAGR %	-	-	39.2	53.84
Tangible Book Value, 2 Yr. CAGR %	-	-	48.17	60.82
Common Equity, 2 Yr. CAGR %	-	-	47.95	61.37
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	-	-	18.17
Gross Profit, 3 Yr. CAGR %	-	-	-	22.66
EBITA, 3 Yr. CAGR %	-	-	-	9.62
EBIT, 3 Yr. CAGR %	-	-	-	9.46
Earnings From Cont. Operations, 3 Yr. CAGR %	-	-	-	0.1
Net Income, 3 Yr. CAGR %	-	-	-	1.46
Normalized Net Income, 3 Yr. CAGR %	-	-	-	11.26
Diluted EPS Before Extra, 3 Yr. CAGR %	-	-	-	-5.12
Accounts Receivable, 3 Yr. CAGR %	-	-	-	45.99
Inventory, 3 Yr. CAGR %	-	-	-	2.64
Net Property, Plant and Equip., 3 Yr. CAGR %	-	-	-	11.69
Total Assets, 3 Yr. CAGR %	-	-	-	33.49
Tangible Book Value, 3 Yr. CAGR %	-	-	-	38.19
Common Equity, 3 Yr. CAGR %	-	-	-	39.02