Welby Inc.

4438・Growth Market・Information & Communication

Official website

Welby Inc.

4438・Growth Market・Information & Communication

Official website

Welby Inc.4438

Reference Indicators

Market Cap

21¥100M

P/E (Forecast)

—

P/B

9.4x

Dividend Yield (Forecast)

0.00%

ROE

-245.3%

EV/EBITDA

—

Financial Summary

Unit: ¥M

Item	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Net Sales	1,139	1,050	575	528	635
Cost of Sales	455	295	199	148	187
Gross Profit	683	755	376	379	448
SG&A Expenses	797	694	813	1,034	901
Operating Income	-113	60	-437	-654	-452
Non-operating Income	3	19	0	1	1
Non-operating Expenses	0	6	1	2	2
Ordinary Income	-109	73	-438	-655	-454
Extraordinary Income	0	—	17	—	16
Extraordinary Losses	18	35	81	161	94
Pre-tax Income	-128	38	-502	-816	-532
Income Taxes	2	4	2	2	1
Net Income	-130	33	-505	-804	-539
EBITDA	-112	62	-434	-631	-423
Gross Margin	60.0%	71.9%	65.4%	71.9%	70.6%
Operating Margin	-9.9%	5.8%	-76.0%	-123.9%	-71.2%
ROA	-9.4%	2.4%	-41.9%	-68.9%	-51.2%
ROE	-10.8%	2.8%	-47.5%	-105.9%	-245.3%