f-code Inc.
9211・Growth Market・Services
f-code Inc.9211
f-code Inc.9211
Reference Indicators
Market Cap
175¥100M
P/E (Forecast)
9.0x
P/B
2.3x
Dividend Yield (Forecast)
0.00%
ROE
19.2%
EV/EBITDA
5.1x
Financial Summary
Unit: ¥M
| Item | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 |
|---|---|---|---|---|---|
Net Sales | 660 | 1,071 | 2,482 | 5,130 | 11,937 |
Cost of Sales | 254 | 452 | 1,011 | 2,289 | 4,812 |
Gross Profit | 405 | 619 | 1,470 | 2,841 | 7,125 |
SG&A Expenses | 245 | 388 | 824 | 1,692 | 5,254 |
Operating Income | 160 | 230 | 651 | 1,432 | 2,309 |
Non-operating Income | 1 | 6 | — | — | — |
Non-operating Expenses | 12 | 11 | — | — | — |
Ordinary Income | 149 | 225 | — | — | — |
Extraordinary Income | 0 | — | — | — | — |
Extraordinary Losses | — | 7 | — | — | — |
Pre-tax Income | 149 | 218 | 612 | 1,322 | 2,103 |
Income Taxes | -2 | 24 | 127 | 388 | 599 |
Net Income | 152 | 194 | 484 | 905 | 1,450 |
EBITDA | 163 | 267 | 717 | 1,521 | 2,521 |
Gross Margin | 61.4% | 57.8% | 59.2% | 55.4% | 59.7% |
Operating Margin | 24.3% | 21.5% | 26.3% | 27.9% | 19.3% |
ROA | 18.1% | 6.8% | 4.4% | 4.2% | 5.5% |
ROE | 55.5% | 31.8% | 15.2% | 18.3% | 19.2% |