SpacemarketSpacemarket Inc.4487東証グロース情報・通信業FY ending Dec 2025, consolidated, J-GAAP
Out of every ¥100 of sales, about ¥10 is left as operating profit. Revenue changed +30.3% from the prior year, operating profit +39.6%.
Net margin × asset turnover = ROA; ROA × financial leverage = ROE
Denominators: average assets and average equity. Derived from reported values; ROE is shown only for positive profit and equity.
| Period | Net margin | Asset turnover | ROA | Financial leverage | ROE |
|---|---|---|---|---|---|
| 2021 | 3.1% | 0.72× | 2.3% | 2.13× | 4.8% |
| 2022 | — | —× | -6.8% | —× | — |
| 2023 | — | —× | -9.0% | —× | — |
| 2024 | 9.2% | 0.86× | 7.9% | 3.75× | 29.8% |
| 2025 | 8.3% | 0.82× | 6.8% | 3.87× | 26.4% |
Financial leverage can raise ROE; a higher value alone does not describe a company's overall condition.
Annual trends in tangible-asset ratios and goodwill balance.
Ratios are derived from reported values. Goodwill is shown only when separately reported; it is not inferred from combined intangible assets. Definition
| Item | FY ending Dec 2021 | FY ending Dec 2022 | FY ending Dec 2023 | FY ending Dec 2024 | FY ending Dec 2025 |
|---|---|---|---|---|---|
| Revenue | 1,228 | 1,233 | 1,564 | 1,970 | 2,568 |
| Cost of revenue | 341 | 325 | 325 | 437 | 612 |
| Gross profit | 887 | 908 | 1,239 | 1,533 | 1,955 |
| SG&A | 828 | 1,022 | 1,137 | 1,356 | 1,708 |
| Operating income | 60 | -114 | 102 | 177 | 247 |
| Pretax income | 66 | -114 | -204 | 178 | 231 |
| Income tax | 27 | 1 | -35 | -4 | 17 |
| Net income attributable to owners | 39 | -115 | -168 | 182 | 214 |
| Operating margin | 4.9% | -9.3% | 6.5% | 9.0% | 9.6% |
Year-end figures from filings. Unreported items are omitted. Interest-bearing debt excludes lease liabilities.
Each bar totals 100% of assets; other is the residual.
| Item | FY ending Dec 2021 | FY ending Dec 2022 | FY ending Dec 2023 | FY ending Dec 2024 | FY ending Dec 2025 |
|---|---|---|---|---|---|
| Cash and equivalents | ¥571.5M | ¥445M | ¥558.1M | ¥911.3M | ¥1.16B |
| Total assets | ¥1.7B | ¥1.7B | ¥2.05B | ¥2.53B | ¥3.74B |
| Net assets | ¥800.7M | ¥698.3M | ¥551.9M | ¥762.7M | ¥1.01B |
| Share capital | ¥254.1M | ¥255.7M | ¥49.3M | ¥50.9M | ¥52.6M |
| Property, plant and equipment | ¥75.4M | ¥65.2M | ¥71.3M | ¥71.4M | ¥113.5M |
| Intangible assets excluding goodwill | ¥205.5M | ¥204.2M | ¥168.4M | ¥180.4M | ¥583.1M |
| Goodwill | ¥140.4M | ¥118.8M | ¥97.2M | ¥75.6M | ¥417.7M |
| Investment securities | ¥5.1M | ¥5.1M | ¥5.1M | ¥5.1M | ¥2M |
| Current assets | ¥1.36B | ¥1.38B | ¥1.7B | ¥2.15B | ¥2.87B |
| Current liabilities | ¥818.4M | ¥987M | ¥1.47B | ¥1.7B | ¥1.94B |
| Short-term borrowings | — | ¥150M | ¥150M | ¥150M | ¥150M |
| Long-term borrowings | ¥41.9M | ¥9.8M | ¥22.7M | ¥69.6M | ¥628.1M |
| Total liabilities | ¥898.4M | ¥998.8M | ¥1.49B | ¥1.77B | ¥2.73B |
| Equity attributable to owners of parent | ¥797.2M | ¥685.4M | ¥517.1M | ¥702.1M | ¥919.4M |
| Retained earnings | -¥62.6M | -¥177.5M | -¥192M | -¥10.3M | ¥203.7M |
| Treasury stock | -¥94K | -¥94K | -¥94K | -¥94K | -¥94K |
EDINET (FSA Japan)
有価証券報告書－第12期(2025/01/01－2025/12/31)
EDINET (FSA Japan)
有価証券報告書－第11期(2024/01/01－2024/12/31)
EDINET (FSA Japan)
有価証券報告書－第10期(2023/01/01－2023/12/31)
EDINET (FSA Japan)
有価証券報告書－第9期(2022/01/01－2022/12/31)
EDINET (FSA Japan)
有価証券報告書－第8期(令和3年1月1日－令和3年12月31日)
EDINET (FSA Japan)
有価証券報告書－第7期(令和2年1月1日－令和2年12月31日)
Extracted from XBRL: 46 / Derived from other figures: 1
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