Income Statement AVIX,Inc.

Stocks

7836

JP3122530003

Electronic Equipment & Parts

Market Closed - Japan Exchange 02:30:00 2026-10-08 EDT			5-day change	1st Jan Change
72.00 ^JPY	0.00%		-1.37%	-15.29%

23-05-12	AVIX,Inc. Reports Earnings Results for the Full Year Ended March 31, 2023	CI
16-05-12	AViX Inc. announced that it has received funding	CI

530daf9a371ce5a3da41.E4VD8QNQbnf0GUVjwC7IOQBzx9ALR429WM6_3WlnHLU.QMEJknVkOzKfbXYMiRyfCkkEqaphdPv1EPr4tz1XU8V6sDmeMh0ZOMVQfQ

Published financial data: AVIX,INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2022 (JPY)	2023 (JPY)	2024 (JPY)	2025 (JPY)	2026 (JPY)
Revenues	1.8B	3.32B	3.73B	4.35B	5.41B
Total Revenues	1.8B	3.32B	3.73B	4.35B	5.41B
Cost of Goods Sold, Total	1.16B	2.37B	2.68B	3.08B	4.07B
Gross Profit	632M	952M	1.05B	1.27B	1.34B
Selling General & Admin Expenses, Total	644M	830M	839M	892M	1B
Provision for Bad Debts	-	-	-	25M	-2M
Amortization of Goodwill and Intangible Assets - (IS)	44M	107M	107M	107M	107M
Other Operating Expenses, Total	688M	937M	946M	1.02B	1.11B
Operating Income	-56M	15M	106M	244M	231M
Interest Expense, Total	-6M	-8M	-8M	-4M	-5M
Interest And Investment Income	-	1M	1M	1M	2M
Net Interest Expenses	-6M	-7M	-7M	-3M	-3M
Income (Loss) On Equity Invest.	-	-	5M	-1M	-1M
Currency Exchange Gains (Loss)	-	1M	-	-	1M
Other Non Operating Income (Expenses)	-1M	2M	-1M	4M	-2M
EBT, Excl. Unusual Items	-63M	11M	103M	244M	226M
Gain (Loss) On Sale Of Investments	-	-	-	-8M	-
Asset Writedown	-	-	-	-	-
Other Unusual Items	-7M	-	-	-5M	-10M
EBT, Incl. Unusual Items	-70M	11M	103M	231M	216M
Income Tax Expense	3M	19M	21M	50M	-19M
Earnings From Continuing Operations	-73M	-8M	82M	181M	235M
Net Income to Company	-73M	-8M	82M	181M	235M
Minority Interest	-	1M	-2M	-	-2M
Net Income - (IS)	-73M	-7M	80M	181M	233M
Net Income to Common Incl Extra Items	-73M	-7M	80M	181M	233M
Net Income to Common Excl. Extra Items	-73M	-7M	80M	181M	233M
Per Share Items
Net EPS - Basic	-2.49	-0.2	2.28	5.15	6.63
Basic EPS - Continuing Operations	-2.49	-0.2	2.28	5.15	6.63
Basic Weighted Average Shares Outstanding	29.36M	35.13M	35.13M	35.13M	35.13M
Net EPS - Diluted	-2.49	-0.2	2.28	5.15	6.63
Diluted EPS - Continuing Operations	-2.49	-0.2	2.28	5.15	6.63
Diluted Weighted Average Shares Outstanding	29.36M	35.13M	35.13M	35.13M	35.13M
Normalized Basic EPS	-1.34	0.22	1.78	4.34	3.96
Normalized Diluted EPS	-1.34	0.22	1.78	4.34	3.96
Supplemental Items
EBITDA	23M	171M	270M	412M	409M
EBITA	-12M	122M	213M	351M	338M
EBIT	-56M	15M	106M	244M	231M
Effective Tax Rate - (Ratio)	-4.29	172.73	20.39	21.64	-8.8
Normalized Net Income	-39.38M	7.88M	62.38M	152M	139M
Non-Cash Pension Expense	11M	13M	12M	13M	16M
Supplemental Operating Expense Items
General and Administrative Expenses	68M	61M	41M	29M	17M
Research And Development Expense From Footnotes	8M	5M	4M	10M	12M

Fiscal Period: March	2022 (JPY)	2023 (JPY)	2024 (JPY)	2025 (JPY)	2026 (JPY)
Assets
Cash And Equivalents	874M	421M	702M	661M	1.13B
Total Cash And Short Term Investments	874M	421M	702M	661M	1.13B
Accounts Receivable, Total	513M	1.34B	920M	1.19B	1.34B
Total Receivables	513M	1.34B	920M	1.19B	1.34B
Inventory	82M	214M	181M	355M	387M
Other Current Assets, Total	102M	202M	246M	364M	306M
Total Current Assets	1.57B	2.18B	2.05B	2.57B	3.16B
Net Property Plant And Equipment	108M	137M	139M	162M	190M
Long-term Investments	62M	99M	95M	51M	51M
Goodwill	705M	598M	491M	384M	276M
Other Intangibles, Total	27M	45M	21M	18M	13M
Deferred Tax Assets Long-Term	-	-	-	-	4M
Other Long-Term Assets, Total	1M	1M	2M	2M	2M
Total Assets	2.47B	3.06B	2.8B	3.18B	3.7B
Liabilities
Accounts Payable, Total	164M	321M	229M	495M	710M
Accrued Expenses, Total	28M	25M	30M	38M	38M
Short-term Borrowings	-	200M	-	-	300M
Current Portion of Long-Term Debt	277M	250M	199M	143M	122M
Current Portion of Leases	17M	14M	5M	3M	-
Current Income Taxes Payable	12M	14M	17M	39M	15M
Other Current Liabilities	111M	203M	207M	285M	251M
Total Current Liabilities	609M	1.03B	687M	1B	1.44B
Long-Term Debt	355M	389M	375M	231M	108M
Long-Term Leases	26M	10M	3M	-	-
Deferred Tax Liability Non Current	-	13M	27M	43M	7M
Other Non Current Liabilities	4M	152M	152M	170M	165M
Total Liabilities	994M	1.59B	1.24B	1.45B	1.72B
Common Stock, Total	1.21B	1.21B	1.21B	1.21B	1.21B
Additional Paid In Capital	617M	617M	615M	615M	615M
Retained Earnings	-348M	-355M	-275M	-93M	139M
Comprehensive Income and Other	1M	-6M	3M	5M	10M
Total Common Equity	1.48B	1.46B	1.55B	1.73B	1.97B
Minority Interest	3M	2M	3M	2M	11M
Total Equity	1.48B	1.46B	1.55B	1.74B	1.98B
Total Liabilities And Equity	2.47B	3.06B	2.8B	3.18B	3.7B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	35.13M	35.13M	35.13M	35.13M	35.13M
ECS Total Common Shares Outstanding	35.13M	35.13M	35.13M	35.13M	35.13M
Book Value / Share	42.04	41.65	44.12	49.36	56.11
Tangible Book Value	745M	820M	1.04B	1.33B	1.68B
Tangible Book Value Per Share	21.21	23.34	29.55	37.92	47.88
Total Debt	675M	863M	582M	377M	530M
Net Debt	-199M	442M	-120M	-284M	-604M
Minority Interest, Total (Incl. Fin. Div)	3M	2M	3M	2M	11M
Inventories - Raw Materials, Total	8M	3M	3M	3M	3M
Inventories - Work In Process, Total	2M	8M	23M	27M	79M
Inventories - Finished Goods, Total	72M	202M	154M	323M	304M
Inventories - Others	-	1M	1M	2M	1M
Full Time Employees	45	43	49	58	65

Fiscal Period: March	2022 (JPY)	2023 (JPY)	2024 (JPY)	2025 (JPY)	2026 (JPY)
Net Income	-70M	10M	104M	231M	216M
Depreciation & Amortization - CF	35M	49M	57M	61M	71M
Amortization of Goodwill and Intangible Assets - (CF)	44M	107M	107M	107M	107M
Depreciation & Amortization, Total	79M	156M	164M	168M	178M
(Gain) Loss From Sale Of Asset	-	-	-	-	-
(Gain) Loss on Sale of Investments - (CF)	-	-	-	8M	-
(Income) Loss On Equity Investments - (CF)	-	-	-5M	1M	1M
Other Operating Activities, Total	1M	-2M	-6M	-16M	-47M
Change In Accounts Receivable	-191M	-826M	417M	-265M	-149M
Change In Inventories	108M	-131M	24M	-173M	-32M
Change In Accounts Payable	-29M	156M	-91M	265M	215M
Change in Other Net Operating Assets	113M	124M	-4M	0	16M
Cash from Operations	11M	-513M	603M	219M	398M
Capital Expenditure	-45M	-73M	-41M	-67M	-76M
Cash Acquisitions	1M	-	-4M	-	-
Sale (Purchase) of Intangible assets	-	-24M	-1M	-5M	-2M
Investment in Marketable and Equity Securities, Total	-1M	-31M	-2M	-1M	0
Other Investing Activities, Total	-15M	-1M	10M	18M	-
Cash from Investing	-60M	-129M	-38M	-55M	-78M
Short Term Debt Issued, Total	-	200M	-	-	300M
Long-Term Debt Issued, Total	150M	300M	200M	-	-
Total Debt Issued	150M	500M	200M	-	300M
Short Term Debt Repaid, Total	-	-	-200M	-	-
Long-Term Debt Repaid, Total	-304M	-293M	-265M	-199M	-143M
Total Debt Repaid	-304M	-293M	-465M	-199M	-143M
Issuance of Common Stock	-	-	-	-	-
Other Financing Activities, Total	-29M	-18M	-18M	-5M	-5M
Cash from Financing	-183M	189M	-283M	-204M	152M
Miscellaneous Cash Flow Adjustments	200M	-	-1M	-1M	-
Net Change in Cash	-32M	-453M	281M	-41M	472M
Supplemental Items
Cash Interest Paid	6M	8M	7M	4M	5M
Cash Income Tax Paid (Refund)	-	3M	6M	14M	47M
Levered Free Cash Flow	-129M	-747M	511M	62M	275M
Unlevered Free Cash Flow	-125M	-742M	516M	64.5M	278M
Change In Net Working Capital	124M	810M	-328M	184M	-34M
Net Debt Issued / Repaid	-154M	207M	-265M	-199M	157M

Fiscal Period: March	2022 (JPY)	2023 (JPY)	2024 (JPY)	2025 (JPY)	2026 (JPY)
Profitability
Return on Assets	-1.73	0.34	2.26	5.1	4.2
Return on Total Capital	-2.02	0.42	2.97	7.18	6.24
Return On Equity %	-7.53	-0.54	5.43	11.01	12.64
Return on Common Equity	-7.55	-0.48	5.31	11.02	12.58
Margin Analysis
Gross Profit Margin %	35.17	28.63	28.23	29.17	24.75
SG&A Margin	35.84	24.96	22.51	20.52	18.53
EBITDA Margin %	1.28	5.14	7.24	9.48	7.57
EBITA Margin %	-0.67	3.67	5.72	8.07	6.25
EBIT Margin %	-3.12	0.45	2.84	5.61	4.27
Income From Continuing Operations Margin %	-4.06	-0.24	2.2	4.16	4.35
Net Income Margin %	-4.06	-0.21	2.15	4.16	4.31
Net Avail. For Common Margin %	-4.06	-0.21	2.15	4.16	4.31
Normalized Net Income Margin	-2.19	0.24	1.67	3.51	2.58
Levered Free Cash Flow Margin	-7.16	-22.45	13.72	1.43	5.09
Unlevered Free Cash Flow Margin	-6.96	-22.3	13.85	1.48	5.15
Asset Turnover
Asset Turnover	0.89	1.2	1.27	1.45	1.57
Fixed Assets Turnover	18.34	27.14	27.01	28.88	30.72
Receivables Turnover (Average Receivables)	4.32	3.59	3.3	4.13	4.29
Inventory Turnover (Average Inventory)	8.57	16.03	13.54	11.49	10.96
Short Term Liquidity
Current Ratio	2.58	2.12	2.98	2.56	2.2
Quick Ratio	2.28	1.71	2.36	1.84	1.72
Operating Cash Flow to Current Liabilities	0.02	-0.5	0.88	0.22	0.28
Days Sales Outstanding (Average Receivables)	84.39	101.65	110.92	88.42	85.11
Days Outstanding Inventory (Average Inventory)	42.61	22.76	27.02	31.77	33.29
Average Days Payable Outstanding	61.81	35.33	38.1	40.62	53.64
Cash Conversion Cycle (Average Days)	65.19	89.08	99.85	79.57	64.76
Long Term Solvency
Total Debt/Equity	45.61	58.91	37.48	21.72	26.74
Total Debt / Total Capital	31.32	37.07	27.26	17.84	21.1
LT Debt/Equity	25.74	27.24	24.34	13.31	5.45
Long-Term Debt / Total Capital	17.68	17.14	17.7	10.93	4.3
Total Liabilities / Total Assets	40.18	52.06	44.48	45.46	46.4
EBIT / Interest Expense	-9.33	1.88	13.25	61	46.2
EBITDA / Interest Expense	3.83	21.38	33.75	103	81.8
(EBITDA - Capex) / Interest Expense	-3.67	12.25	28.62	86.25	66.6
Total Debt / EBITDA	29.35	5.05	2.16	0.92	1.3
Net Debt / EBITDA	-8.65	2.58	-0.44	-0.69	-1.48
Total Debt / (EBITDA - Capex)	-30.68	8.81	2.54	1.09	1.59
Net Debt / (EBITDA - Capex)	9.05	4.51	-0.52	-0.82	-1.81
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	48.51	85.03	12.09	16.64	24.36
Gross Profit, 1 Yr. Growth %	21.07	50.63	10.5	20.53	5.52
EBITDA, 1 Yr. Growth %	-58.18	643.48	57.89	52.59	-0.73
EBITA, 1 Yr. Growth %	-154.55	-1.12K	74.59	64.79	-3.7
EBIT, 1 Yr. Growth %	-354.55	-126.79	606.67	130.19	-5.33
Earnings From Cont. Operations, 1 Yr. Growth %	-621.43	-89.04	-1.12K	120.73	29.83
Net Income, 1 Yr. Growth %	-586.67	-90.41	-1.24K	126.25	28.73
Normalized Net Income, 1 Yr. Growth %	-479.52	-120	692.06	144.49	-8.69
Diluted EPS Before Extra, 1 Yr. Growth %	-514.36	-91.99	-1.24K	126.25	28.73
Accounts Receivable, 1 Yr. Growth %	61.32	161.01	-31.29	28.91	12.56
Inventory, 1 Yr. Growth %	-56.84	160.98	-15.42	96.13	9.01
Net Property, Plant and Equip., 1 Yr. Growth %	22.73	26.85	1.46	16.55	17.28
Total Assets, 1 Yr. Growth %	57.08	23.52	-8.48	13.8	16.18
Tangible Book Value, 1 Yr. Growth %	64.1	10.07	26.59	28.32	26.28
Common Equity, 1 Yr. Growth %	222.49	-0.95	5.95	11.87	13.67
Cash From Operations, 1 Yr. Growth %	-123.4	-4.76K	-217.54	-63.68	81.74
Capital Expenditures, 1 Yr. Growth %	164.71	62.22	-43.84	63.41	13.43
Levered Free Cash Flow, 1 Yr. Growth %	92.52	479.9	-168.47	-87.87	343.95
Unlevered Free Cash Flow, 1 Yr. Growth %	104.08	493.3	-169.61	-87.51	331.59
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	48.49	65.77	44.01	14.34	20.44
Gross Profit, 2 Yr. CAGR %	26.65	35.05	29.02	15.41	12.78
EBITDA, 2 Yr. CAGR %	-42.68	76.33	242.62	55.22	23.08
EBITA, 2 Yr. CAGR %	-68.64	135.49	321.31	69.62	25.97
EBIT, 2 Yr. CAGR %	-32.25	-17.43	37.58	303.32	47.62
Earnings From Cont. Operations, 2 Yr. CAGR %	-40.18	-24.41	5.99	375.66	69.29
Net Income, 2 Yr. CAGR %	-39.88	-31.69	4.68	408.5	70.66
Normalized Net Income, 2 Yr. CAGR %	-29.51	-12.88	25.86	340.06	49.41
Diluted EPS Before Extra, 2 Yr. CAGR %	-44.86	-42.37	-4.29	408.5	70.66
Accounts Receivable, 2 Yr. CAGR %	80.19	105.2	33.92	-5.89	20.46
Inventory, 2 Yr. CAGR %	1.88	6.13	48.57	28.8	46.22
Net Property, Plant and Equip., 2 Yr. CAGR %	14.76	24.77	13.45	8.74	16.91
Total Assets, 2 Yr. CAGR %	35.22	39.3	6.33	2.06	14.98
Tangible Book Value, 2 Yr. CAGR %	41.33	34.39	18.04	27.45	27.3
Common Equity, 2 Yr. CAGR %	97.93	78.73	2.44	8.87	12.77
Cash From Operations, 2 Yr. CAGR %	-64.64	230.38	640.39	-34.66	-18.76
Capital Expenditures, 2 Yr. CAGR %	29.1	107.22	-4.55	-4.2	36.15
Levered Free Cash Flow, 2 Yr. CAGR %	118.88	234.13	99.27	-71.18	-26.63
Unlevered Free Cash Flow, 2 Yr. CAGR %	142.54	247.97	103.22	-70.51	-26.57
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	21.37	59.79	45.5	34.24	17.59
Gross Profit, 3 Yr. CAGR %	8.12	34.19	26.31	26.12	12.01
EBITDA, 3 Yr. CAGR %	-31.32	34.68	69.95	161.65	33.73
EBITA, 3 Yr. CAGR %	-5.01	0	113.13	208.11	40.45
EBIT, 3 Yr. CAGR %	58.74	-50.27	68.9	63.33	148.79
Earnings From Cont. Operations, 3 Yr. CAGR %	144.41	-66.03	80.26	35.35	208.55
Net Income, 3 Yr. CAGR %	93.99	-67.4	74.72	35.35	221.68
Normalized Net Income, 3 Yr. CAGR %	69.23	-53.68	81.83	57.04	160.52
Diluted EPS Before Extra, 3 Yr. CAGR %	82.67	-71.01	55.99	27.49	221.68
Accounts Receivable, 3 Yr. CAGR %	46.25	103.88	42.49	32.23	-0.1
Inventory, 3 Yr. CAGR %	-7.62	39.4	-1.6	62.98	21.83
Net Property, Plant and Equip., 3 Yr. CAGR %	-8.93	18.66	16.46	14.47	11.52
Total Assets, 3 Yr. CAGR %	20.36	31.21	21.1	8.76	6.56
Tangible Book Value, 3 Yr. CAGR %	10.58	30.03	31.74	21.37	27.06
Common Equity, 3 Yr. CAGR %	38.08	57.15	50.14	5.49	10.45
Cash From Operations, 3 Yr. CAGR %	-51.26	79.97	134.1	171.03	-8.11
Capital Expenditures, 3 Yr. CAGR %	-11.54	39.31	34.1	14.19	1.35
Levered Free Cash Flow, 3 Yr. CAGR %	71.84	202.87	97	-21.62	-28.3
Unlevered Free Cash Flow, 3 Yr. CAGR %	61.36	226.79	103.51	-19.79	-27.86
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	29.96	29.97	39.77	34.9
Gross Profit, 5 Yr. CAGR %	-	14.92	16.04	26.34	20.71
EBITDA, 5 Yr. CAGR %	-	14.47	30.62	42.55	49.37
EBITA, 5 Yr. CAGR %	-	45.05	72.37	23.53	72.7
EBIT, 5 Yr. CAGR %	-	-4.62	49.91	14.87	60.04
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-4.36	74.97	-2.36	75.79
Net Income, 5 Yr. CAGR %	-	-12.94	51.57	-2.17	73.08
Normalized Net Income, 5 Yr. CAGR %	-	-5.14	50.33	13.99	68.1
Diluted EPS Before Extra, 5 Yr. CAGR %	-	-19.28	41.05	-8.82	61.7
Accounts Receivable, 5 Yr. CAGR %	-	51.82	41.19	49.65	33.23
Inventory, 5 Yr. CAGR %	-	13.62	11.72	35.06	15.29
Net Property, Plant and Equip., 5 Yr. CAGR %	-	0.59	-0.57	14.59	16.64
Total Assets, 5 Yr. CAGR %	-	17.79	14.54	18.66	18.61
Tangible Book Value, 5 Yr. CAGR %	-	9.29	13.5	28.99	29.94
Common Equity, 5 Yr. CAGR %	-	22.38	22.54	35.69	33.9
Cash From Operations, 5 Yr. CAGR %	-	31.59	44.72	20	53.31
Capital Expenditures, 5 Yr. CAGR %	-	29.56	-8.8	19.93	34.92
Levered Free Cash Flow, 5 Yr. CAGR %	-	-	82.32	18.2	32.71
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	-	76.96	24.86	35.36