Income Statement Pixela Corporation

Stocks

6731

JP3801620000

Household Electronics

Market Closed - Japan Exchange 02:30:00 2026-08-17 EDT			5-day change	1st Jan Change
108.00 ^JPY	-6.09%		+2.86%	-68.24%

02-02	Pixela Corporation announced that it expects to receive ¥750 million in funding	CI
25-06-13	Pixela Corporation announced that it has received ¥300 million in funding	CI

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Published financial data: PIXELA CORPORATION

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: September	2021	2022	2023	2024	2025
Revenues	3.33B	2.01B	1.45B	1.16B	1B
Total Revenues	3.33B	2.01B	1.45B	1.16B	1B
Cost of Goods Sold, Total	2.88B	1.82B	1.32B	932M	725M
Gross Profit	449M	187M	135M	231M	276M
Selling General & Admin Expenses, Total	1.3B	1.43B	1.37B	1.08B	937M
Provision for Bad Debts	-	-	-	-	-
R&D Expenses	-	-	-	-	135M
Other Operating Expenses, Total	1.3B	1.43B	1.37B	1.08B	1.07B
Operating Income	-853M	-1.24B	-1.24B	-846M	-796M
Interest Expense, Total	-4M	-4M	-4M	-	-7M
Interest And Investment Income	-	-	-	-	-
Net Interest Expenses	-4M	-4M	-4M	-	-7M
Income (Loss) On Equity Invest.	-	1M	-	6M	-6M
Currency Exchange Gains (Loss)	-6M	-8M	2M	-	-
Other Non Operating Income (Expenses)	-31M	-13M	-11M	-8M	-12M
EBT, Excl. Unusual Items	-894M	-1.26B	-1.25B	-848M	-821M
Gain (Loss) On Sale Of Investments	-	-	-	-	3M
Gain (Loss) On Sale Of Assets	-	-	4M	-	-
Asset Writedown	-37M	-61M	-24M	-178M	-30M
Legal Settlements	-	-	-82M	-	-
Other Unusual Items	-	-	-55M	-173M	-
EBT, Incl. Unusual Items	-931M	-1.32B	-1.41B	-1.2B	-848M
Income Tax Expense	6M	6M	4M	3M	5M
Earnings From Continuing Operations	-937M	-1.33B	-1.41B	-1.2B	-853M
Net Income to Company	-937M	-1.33B	-1.41B	-1.2B	-853M
Net Income - (IS)	-937M	-1.33B	-1.41B	-1.2B	-853M
Net Income to Common Incl Extra Items	-937M	-1.33B	-1.41B	-1.2B	-853M
Net Income to Common Excl. Extra Items	-937M	-1.33B	-1.41B	-1.2B	-853M
Per Share Items
Net EPS - Basic	-7.13K	-6.99K	-3.49K	-643.38	-135.13
Basic EPS - Continuing Operations	-7.13K	-6.99K	-3.49K	-643.38	-135.13
Basic Weighted Average Shares Outstanding	131K	190K	405K	1.87M	6.31M
Net EPS - Diluted	-7.13K	-6.99K	-3.49K	-643.38	-135.13
Diluted EPS - Continuing Operations	-7.13K	-6.99K	-3.49K	-643.38	-135.13
Diluted Weighted Average Shares Outstanding	131K	190K	405K	1.87M	6.31M
Normalized Basic EPS	-4.25K	-4.15K	-1.93K	-283.69	-81.29
Normalized Diluted EPS	-4.25K	-4.15K	-1.93K	-283.69	-81.29
Supplemental Items
EBITDA	-727M	-1.17B	-1.14B	-822M	-773M
EBITA	-853M	-1.24B	-1.24B	-846M	-796M
EBIT	-853M	-1.24B	-1.24B	-846M	-796M
EBITDAR	-603M	-1.05B	-1.01B	-752M	-
Effective Tax Rate - (Ratio)	-0.64	-0.45	-0.28	-0.25	-0.59
Normalized Net Income	-559M	-790M	-782M	-530M	-513M
Non-Cash Pension Expense	5M	5M	3M	2M	2M
Supplemental Operating Expense Items
Advertising Expense	51M	80M	102M	45M	126M
Selling and Marketing Expenses	193M	207M	197M	119M	126M
General and Administrative Expenses	98M	110M	94M	73M	83M
Research And Development Expense From Footnotes	77M	114M	118M	67M	135M
Net Rental Expense, Total	124M	123M	128M	70M	-
Imputed Operating Lease Interest Expense	-	-	-	-	-
Imputed Operating Lease Depreciation	-	-	-	-	-

Fiscal Period: September	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	962M	367M	44M	94M	575M
Total Cash And Short Term Investments	962M	367M	44M	94M	575M
Accounts Receivable, Total	359M	298M	197M	120M	90M
Other Receivables	-	-	-	61M	5M
Total Receivables	359M	298M	197M	181M	95M
Inventory	560M	650M	529M	170M	266M
Other Current Assets, Total	293M	208M	110M	133M	155M
Total Current Assets	2.17B	1.52B	880M	578M	1.09B
Net Property Plant And Equipment	-	-	-	-	-
Long-term Investments	141M	142M	77M	31M	23M
Goodwill	-	-	-	-	-
Other Intangibles, Total	53M	59M	9M	-	-
Deferred Charges Long-Term	16M	17M	12M	8M	11M
Other Long-Term Assets, Total	1M	1M	2M	2M	1M
Total Assets	2.38B	1.74B	980M	619M	1.13B
Liabilities
Accounts Payable, Total	225M	146M	142M	56M	11M
Accrued Expenses, Total	14M	15M	69M	77M	57M
Short-term Borrowings	-	-	-	-	-
Current Portion of Long-Term Debt	-	-	115M	-	-
Current Income Taxes Payable	34M	35M	34M	78M	74M
Other Current Liabilities	189M	197M	73M	134M	96M
Total Current Liabilities	462M	393M	433M	345M	238M
Deferred Tax Liability Non Current	-	-	-	-	-
Other Non Current Liabilities	39M	42M	19M	75M	43M
Total Liabilities	501M	435M	452M	420M	281M
Common Stock, Total	5.05B	5.42B	5.74B	451M	1.2B
Additional Paid In Capital	3.95B	4.32B	4.64B	1.09B	1.84B
Retained Earnings	-6.99B	-8.32B	-9.73B	-1.21B	-2.06B
Treasury Stock	-125M	-125M	-125M	-133M	-133M
Comprehensive Income and Other	-1M	2M	1M	1M	1M
Total Common Equity	1.88B	1.31B	528M	199M	845M
Total Equity	1.88B	1.31B	528M	199M	845M
Total Liabilities And Equity	2.38B	1.74B	980M	619M	1.13B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	172K	248K	694K	3.75M	10.24M
ECS Total Common Shares Outstanding	168K	238K	662K	2.74M	10.24M
Book Value / Share	11.19K	5.5K	797.69	72.67	82.54
Tangible Book Value	1.83B	1.25B	519M	199M	845M
Tangible Book Value Per Share	10.87K	5.25K	784.1	72.67	82.54
Total Debt	0	0	115M	0	0
Net Debt	-962M	-367M	71M	-94M	-575M
Debt Equivalent Oper. Leases	992M	984M	1.02B	560M	-
Inventories - Raw Materials, Total	100M	74M	158M	22M	6M
Inventories - Work In Process, Total	16M	-	-	-	-
Inventories - Finished Goods, Total	442M	576M	370M	147M	259M
Inventories - Others	2M	-	1M	1M	1M
Full Time Employees	125	120	76	56	50
Order Backlog	155M	135M	66.2M	80.67M	127M

Fiscal Period: September	2021	2022	2023	2024	2025
Net Income	-930M	-1.32B	-1.41B	-1.2B	-848M
Depreciation & Amortization - CF	126M	66M	101M	24M	23M
Amortization of Goodwill and Intangible Assets - (CF)	-	-	-	-	-
Depreciation & Amortization, Total	126M	66M	101M	24M	23M
(Gain) Loss From Sale Of Asset	37M	61M	20M	68M	30M
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-	-3M
(Income) Loss On Equity Investments - (CF)	-	-1M	-	-6M	6M
Other Operating Activities, Total	-6M	-7M	-145M	-21M	-5M
Change In Accounts Receivable	136M	60M	101M	76M	29M
Change In Inventories	-118M	-155M	52M	126M	-131M
Change In Accounts Payable	-139M	-44M	-19M	-86M	-48M
Change in Other Net Operating Assets	149M	104M	281M	362M	-50M
Cash from Operations	-745M	-1.24B	-1.02B	-655M	-997M
Capital Expenditure	-19M	-35M	-23M	-46M	-31M
Sale of Property, Plant, and Equipment	-	-	4M	-	-
Cash Acquisitions	-	-	-	-	-
Sale (Purchase) of Intangible assets	-79M	-57M	-21M	-	-
Investment in Marketable and Equity Securities, Total	-	-	-	-	3M
Net (Increase) Decrease in Loans Originated / Sold - Investing	-	-	-	-	-
Other Investing Activities, Total	-	-	20M	3M	30M
Cash from Investing	-98M	-92M	-20M	-43M	2M
Long-Term Debt Issued, Total	595M	495M	695M	150M	1.04B
Total Debt Issued	595M	495M	695M	150M	1.04B
Short Term Debt Repaid, Total	-	-	-	-	-
Long-Term Debt Repaid, Total	-	-	-335M	-265M	-1.05B
Total Debt Repaid	-	-	-335M	-265M	-1.05B
Issuance of Common Stock	864M	243M	368M	875M	1.48B
Repurchase of Common Stock	-	-	-	-9M	-
Other Financing Activities, Total	1M	-2M	-15M	-1M	-3M
Cash from Financing	1.46B	736M	713M	750M	1.47B
Foreign Exchange Rate Adjustments	2M	2M	-	-1M	-
Miscellaneous Cash Flow Adjustments	-1M	-	1M	-1M	1M
Net Change in Cash	618M	-594M	-323M	50M	480M
Supplemental Items
Cash Interest Paid	-	-	-	1M	-
Cash Income Tax Paid (Refund)	7M	6M	7M	5M	4M
Levered Free Cash Flow	-463M	-816M	-475M	-172M	-649M
Unlevered Free Cash Flow	-460M	-814M	-472M	-172M	-644M
Change In Net Working Capital	-45M	13M	-245M	-379M	139M
Net Debt Issued / Repaid	595M	495M	360M	-115M	-7M

Fiscal Period: September	2021	2022	2023	2024	2025
Profitability
Return on Assets	-24.42	-37.56	-56.9	-66.14	-57.02
Return on Total Capital	-33.03	-48.57	-79.42	-125.59	-95.31
Return On Equity %	-58.05	-83.42	-154.01	-330.67	-163.41
Return on Common Equity	-58.05	-83.42	-154.01	-330.67	-163.41
Margin Analysis
Gross Profit Margin %	13.49	9.32	9.3	19.86	27.57
SG&A Margin	39.11	71.1	94.69	92.61	93.61
EBITDA Margin %	-21.84	-58.5	-78.43	-70.68	-77.22
EBITA Margin %	-25.62	-61.78	-85.39	-72.74	-79.52
EBIT Margin %	-25.62	-61.78	-85.39	-72.74	-79.52
Income From Continuing Operations Margin %	-28.15	-66.32	-97.38	-103.35	-85.21
Net Income Margin %	-28.15	-66.32	-97.38	-103.35	-85.21
Net Avail. For Common Margin %	-28.15	-66.32	-97.38	-103.35	-85.21
Normalized Net Income Margin	-16.78	-39.36	-53.93	-45.57	-51.26
Levered Free Cash Flow Margin	-13.9	-40.68	-32.73	-14.77	-64.82
Unlevered Free Cash Flow Margin	-13.82	-40.56	-32.56	-14.77	-64.39
Asset Turnover
Asset Turnover	1.52	0.97	1.07	1.45	1.15
Fixed Assets Turnover	-	-	-	-	-
Receivables Turnover (Average Receivables)	7.79	6.11	5.86	7.34	9.53
Inventory Turnover (Average Inventory)	5.11	3.01	2.23	2.67	3.33
Short Term Liquidity
Current Ratio	4.71	3.88	2.03	1.68	4.58
Quick Ratio	2.86	1.69	0.56	0.8	2.82
Operating Cash Flow to Current Liabilities	-1.61	-3.16	-2.35	-1.9	-4.19
Days Sales Outstanding (Average Receivables)	46.87	59.74	62.26	49.88	38.29
Days Outstanding Inventory (Average Inventory)	71.42	121.33	163.5	137.25	109.75
Average Days Payable Outstanding	36.33	35.45	43.98	63.24	14.89
Cash Conversion Cycle (Average Days)	81.95	145.63	181.78	123.9	133.15
Long Term Solvency
Total Debt/Equity	-	-	21.78	-	-
Total Debt / Total Capital	-	-	17.88	-	-
Total Liabilities / Total Assets	21.01	24.97	46.12	67.85	24.96
EBIT / Interest Expense	-213.25	-310	-309.75	-	-113.71
EBITDA / Interest Expense	-181.75	-293.5	-284.5	-	-110.43
(EBITDA - Capex) / Interest Expense	-186.5	-302.25	-290.25	-	-114.86
Total Debt / EBITDA	-	-	-0.1	-	-
Net Debt / EBITDA	1.32	0.31	-0.06	0.11	0.74
Total Debt / (EBITDA - Capex)	-	-	-0.1	-	-
Net Debt / (EBITDA - Capex)	1.29	0.3	-0.06	0.11	0.72
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-10.87	-39.71	-27.7	-19.85	-13.93
Gross Profit, 1 Yr. Growth %	103.17	-58.35	-27.81	71.11	19.48
EBITDA, 1 Yr. Growth %	12.19	61.49	-3.07	-27.77	-5.96
EBITA, 1 Yr. Growth %	-18.68	45.37	-0.08	-31.72	-5.91
EBIT, 1 Yr. Growth %	-18.99	45.37	-0.08	-31.72	-5.91
Earnings From Cont. Operations, 1 Yr. Growth %	-24.44	42.05	6.16	-14.93	-29.04
Net Income, 1 Yr. Growth %	-24.44	42.05	6.16	-14.93	-29.04
Normalized Net Income, 1 Yr. Growth %	-18.36	41.39	-0.95	-32.27	-3.18
Diluted EPS Before Extra, 1 Yr. Growth %	-54.18	-1.98	-50.06	-81.57	-79
Accounts Receivable, 1 Yr. Growth %	-27.62	-16.99	-33.89	-39.09	-25
Inventory, 1 Yr. Growth %	-1.23	16.07	-18.62	-67.86	56.47
Net Property, Plant and Equip., 1 Yr. Growth %	-	-	-	-	-
Total Assets, 1 Yr. Growth %	20.39	-26.96	-43.74	-36.84	81.91
Tangible Book Value, 1 Yr. Growth %	44.86	-31.84	-58.41	-61.66	324.62
Common Equity, 1 Yr. Growth %	40.18	-30.63	-59.6	-62.31	324.62
Cash From Operations, 1 Yr. Growth %	45.22	66.44	-17.98	-35.59	52.21
Capital Expenditures, 1 Yr. Growth %	-29.63	84.21	-34.29	100	-32.61
Levered Free Cash Flow, 1 Yr. Growth %	66.94	76.49	-41.84	-63.83	277.8
Unlevered Free Cash Flow, 1 Yr. Growth %	66.04	76.91	-41.97	-63.64	275.25
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-18.99	-26.7	-33.98	-23.88	-16.94
Gross Profit, 2 Yr. CAGR %	62.52	-8.01	-45.17	11.14	42.98
EBITDA, 2 Yr. CAGR %	-8.59	34.6	25.11	-16.32	-17.58
EBITA, 2 Yr. CAGR %	-19.52	8.72	20.52	-17.4	-19.85
EBIT, 2 Yr. CAGR %	-19.7	8.52	20.52	-17.4	-19.85
Earnings From Cont. Operations, 2 Yr. CAGR %	-22.6	3.6	22.8	-4.97	-22.3
Net Income, 2 Yr. CAGR %	-22.6	3.6	22.8	-4.97	-22.3
Normalized Net Income, 2 Yr. CAGR %	-21.88	7.44	18.34	-18.09	-19.02
Diluted EPS Before Extra, 2 Yr. CAGR %	-48.22	-32.98	-30.03	-69.66	-80.32
Accounts Receivable, 2 Yr. CAGR %	-16.1	-22.49	-25.92	-36.54	-32.41
Inventory, 2 Yr. CAGR %	-14.27	7.07	-2.81	-48.86	-29.09
Net Property, Plant and Equip., 2 Yr. CAGR %	-	-	-	-	-
Total Assets, 2 Yr. CAGR %	1.92	-6.23	-35.9	-40.39	7.19
Tangible Book Value, 2 Yr. CAGR %	14.12	-0.64	-46.76	-60.07	27.6
Common Equity, 2 Yr. CAGR %	4.45	-1.39	-47.06	-60.98	26.51
Cash From Operations, 2 Yr. CAGR %	7.56	55.47	16.84	-27.32	-0.99
Capital Expenditures, 2 Yr. CAGR %	-58.81	13.86	10.02	14.64	16.1
Levered Free Cash Flow, 2 Yr. CAGR %	-14.84	71.65	1.32	-54.14	16.89
Unlevered Free Cash Flow, 2 Yr. CAGR %	-15.07	71.39	1.32	-54.07	16.81
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	9.28	-26.59	-27.03	-29.57	-20.7
Gross Profit, 3 Yr. CAGR %	11.95	3.23	-15.15	-19.87	13.86
EBITDA, 3 Yr. CAGR %	-7.58	10.51	20.65	4.18	-13
EBITA, 3 Yr. CAGR %	-5.22	-1.99	5.71	-0.27	-13.74
EBIT, 3 Yr. CAGR %	-5.32	-2.14	5.57	-0.27	-13.74
Earnings From Cont. Operations, 3 Yr. CAGR %	-3.66	-5.24	4.45	8.66	-13.78
Net Income, 3 Yr. CAGR %	-3.66	-5.24	4.45	8.66	-13.78
Normalized Net Income, 3 Yr. CAGR %	-4.64	-4.8	4.57	-1.75	-13.4
Diluted EPS Before Extra, 3 Yr. CAGR %	-29.84	-35.94	-39.24	-55.15	-73.16
Accounts Receivable, 3 Yr. CAGR %	-14.13	-16.4	-26.49	-30.6	-32.91
Inventory, 3 Yr. CAGR %	-12.26	-5.16	-2.29	-32.79	-25.76
Net Property, Plant and Equip., 3 Yr. CAGR %	-	-	-	-	-
Total Assets, 3 Yr. CAGR %	-13.61	-8.79	-20.91	-36.21	-13.54
Tangible Book Value, 3 Yr. CAGR %	-11.66	-3.9	-25.67	-52.28	-12.19
Common Equity, 3 Yr. CAGR %	-13.72	-8.87	-26.76	-52.73	-13.53
Cash From Operations, 3 Yr. CAGR %	-4.04	24.41	25.62	-4.2	-7.01
Capital Expenditures, 3 Yr. CAGR %	-44.31	-32.14	-5.2	34.28	-3.96
Levered Free Cash Flow, 3 Yr. CAGR %	-33	8.58	19.67	-28.13	-7.37
Unlevered Free Cash Flow, 3 Yr. CAGR %	-33.12	8.47	19.45	-28	-7.49
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	11.86	-3.7	-10.67	-25.52	-23.15
Gross Profit, 5 Yr. CAGR %	0.27	-25.3	-15.85	6.32	4.54
EBITDA, 5 Yr. CAGR %	15.03	86.52	4.32	-1.13	3.59
EBITA, 5 Yr. CAGR %	16.35	130.64	4.34	-8.47	-5.37
EBIT, 5 Yr. CAGR %	16.35	130.64	4.28	-8.55	-5.44
Earnings From Cont. Operations, 5 Yr. CAGR %	14.27	185.64	6.16	-5.13	-7.21
Net Income, 5 Yr. CAGR %	14.27	185.64	6.16	-5.13	-7.21
Normalized Net Income, 5 Yr. CAGR %	14.51	234.91	3.96	-10.36	-5.6
Diluted EPS Before Extra, 5 Yr. CAGR %	-19.58	103.56	-29.91	-52.49	-61.3
Accounts Receivable, 5 Yr. CAGR %	-4.29	-18.37	-19.06	-25.13	-28.92
Inventory, 5 Yr. CAGR %	20.88	35.37	-8.59	-25.92	-14.05
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	-	-	-
Total Assets, 5 Yr. CAGR %	13.98	-11.16	-23.33	-23.06	-10.68
Tangible Book Value, 5 Yr. CAGR %	22.79	-13.34	-27.86	-32.36	-7.74
Common Equity, 5 Yr. CAGR %	22.46	-12.8	-29.03	-35.09	-8.86
Cash From Operations, 5 Yr. CAGR %	9.6	37.21	3.82	0.34	14.21
Capital Expenditures, 5 Yr. CAGR %	6.3	-11.91	-26.87	-16.3	2.8
Levered Free Cash Flow, 5 Yr. CAGR %	8.39	22.24	-20.95	-23.08	18.55
Unlevered Free Cash Flow, 5 Yr. CAGR %	8.36	22.17	-21.03	-23.08	18.39