Billing System Corporation

3623・Growth Market・Information & Communication

Official website

Billing System Corporation

3623・Growth Market・Information & Communication

Official website

Billing System Corporation3623

Reference Indicators

Market Cap

67¥100M

P/E (Forecast)

11.0x

P/B

2.1x

Dividend Yield (Forecast)

3.17%

ROE

13.7%

EV/EBITDA

-30.6x

Financial Summary

Unit: ¥M

Item	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Net Sales	3,143	3,434	3,782	4,218	4,546
Cost of Sales	2,112	2,228	2,414	2,684	2,925
Gross Profit	1,030	1,206	1,368	1,533	1,620
SG&A Expenses	684	724	902	907	973
Operating Income	345	481	466	626	647
Non-operating Income	1	1	0	2	17
Non-operating Expenses	1	2	2	4	13
Ordinary Income	345	480	464	623	651
Extraordinary Income	4	—	—	—	—
Extraordinary Losses	—	—	1	—	51
Pre-tax Income	349	480	462	623	600
Income Taxes	115	144	146	197	168
Net Income	224	323	300	406	408
EBITDA	397	535	519	674	690
Gross Margin	32.8%	35.1%	36.2%	36.4%	35.6%
Operating Margin	11.0%	14.0%	12.3%	14.8%	14.2%
ROA	1.4%	2.1%	1.4%	1.6%	1.4%
ROE	11.4%	15.1%	12.6%	15.3%	13.7%