Nulab Inc.

5033・Growth Market・Information & Communication

Official website

Nulab Inc.

5033・Growth Market・Information & Communication

Official website

Nulab Inc.5033

Reference Indicators

Market Cap

60¥100M

P/E (Forecast)

12.4x

P/B

3.0x

Dividend Yield (Forecast)

0.00%

ROE

9.2%

EV/EBITDA

6.5x

Financial Summary

Unit: ¥M

Item	2022Mar 2022	2023Mar 2023	2024Mar 2024	2025Mar 2025	2026Mar 2026
Net Sales	2,328	2,706	3,662	4,112	4,393
Cost of Sales	911	972	1,025	1,148	1,150
Gross Profit	1,416	1,733	2,637	2,963	3,242
SG&A Expenses	1,248	1,632	2,305	2,323	2,888
Operating Income	167	101	332	640	354
Non-operating Income	1	3	1	2	21
Non-operating Expenses	5	12	3	0	1
Ordinary Income	164	92	330	641	374
Extraordinary Income	—	—	—	7	—
Extraordinary Losses	—	6	7	—	111
Pre-tax Income	164	86	323	649	262
Income Taxes	-33	-2	15	97	84
Net Income	197	88	308	552	178
EBITDA	268	193	432	743	474
Gross Margin	60.8%	64.1%	72.0%	72.1%	73.8%
Operating Margin	7.2%	3.7%	9.1%	15.6%	8.1%
ROA	12.2%	3.4%	8.9%	13.0%	4.0%
ROE	50.6%	9.2%	26.9%	34.1%	9.2%