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Definitive Analysis

Financial Statements

Periods / Units / Analysis

Ticker

Industry

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Page: Company Financials

Eui

Ticker: 7738.TWO | Industry: Banks - Regional | Sector: Financial Services
$169.00 -1.50 (-0.88%)
As of: 2026-01-27

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Enterprise Value

Metric 2025 2024 2023
Stock Price 211.00 178.50 207.50
Market Capitalization 5,245.29M 4,418.25M 4,423.74M
(-) Cash & Equivalents 999.66M 949.96M 320.58M
(+) Total Debt 66.80M 83.72M 124.55M
Enterprise Value 4,312.43M 3,552.01M 4,227.72M

Income Statement

Metric TTM TTM-1 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Revenue 535M 418M 434M 341M 164M 155M 138M
Cost of Revenue 245M 281M 222M 195M 115M 116M 91M
Gross Profit 291M 137M 213M 145M 48M 39M 47M
Gross Profit Margin 54.3% 32.7% 49.0% 42.6% 29.5% 25.1% 34.3%
R&D Expenses 0M 0M 0M 0M 0M 0M 0M
SG&A Expenses 158M 250M 120M 211M 84M 64M 51M
Operating Expenses -173M 75M -110M 41M 33M 89M 66M
Operating Income (EBIT) 464M 62M 322M 105M 16M -50M -19M
Operating Income Margin 86.6% 14.8% 74.2% 30.7% 9.7% -32.2% -13.5%
Interest Income 5M 3M 6M 1M 1M 0M 0M
Interest Expense 17M 32M 23M 26M 5M 5M 0M
Net Interest Income -12M -29M -18M -25M -4M -5M 0M
Unusual Items -3M 185M -8M -1M 16M 0M -4M
EBT Excluding Unusual Items 451M 33M 305M 80M 12M -55M -19M
Pre-Tax Income 448M 218M 297M 79M 27M -55M -23M
Pre-Tax Margin 83.7% 52.1% 68.4% 23.1% 16.7% -35.1% -16.4%
Income Tax Expense 99M 48M 64M 18M 7M -9M -4M
Net Income 349M 168M 234M 60M 20M -45M -19M
Net Income Margin 65.2% 40.2% 53.8% 17.7% 12.3% -29.0% -13.6%
Depreciation & Amortization 4M 7M 4M 3M 4M 4M 0M
EBITDA 467M 69M 326M 108M 20M -47M -18M
EBITDA Margin 87.3% 16.5% 75.1% 31.7% 11.9% -29.9% -13.2%
NOPAT 361M 48M 253M 80M 12M -40M -15M
NOPAT Margin 67.4% 11.6% 58.3% 23.6% 7.1% -25.4% -10.7%
Owner's Earnings 352M 174M 236M 64M 24M -42M -18M
Owner's Earnings Margin 65.8% 41.6% 54.4% 18.7% 14.5% -26.8% -13.3%
EPS (Basic) 14.04 6.84 9.51 3.01 1.02 -1.82 -1.67
EPS (Diluted) 14.02 7.11 9.40 2.43 1.01 -1.82 -1.67
Shares (Basic) 25M 24M 25M 20M 20M 25M 11M
Shares (Diluted) 25M 24M 25M 25M 20M 25M 11M

Balance Sheet

Metric MRQ MRQ-1 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Cash & Cash Equivalents 997.21M 961.21M 1,039.85M 447.64M 347.55M 394.67M 274.70M
Short-Term Investments 4.71M 4.56M 5.22M 5.09M 4.88M 5.50M 0.00M
Cash & Short-Term Investments 1,001.92M 965.77M 1,045.07M 452.72M 352.43M 400.17M 274.70M
Net Receivables 469.44M 522.42M 377.22M 284.41M 140.66M 60.77M 0.81M
Inventory 0.06M 0.19M 0.06M 0.23M 0.19M 0.05M 1.49M
Other Current Assets 3.20M 2.60M 0.83M 0.19M 0.26M 0.29M 61.47M
Total Current Assets 1,474.61M 1,490.98M 1,423.18M 737.56M 493.54M 461.28M 338.46M
Property, Plant & Equipment 12.74M 8.24M 10.70M 5.08M 3.21M 5.97M 3.43M
Goodwill 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Intangible Assets 0.21M 0.23M 0.28M 0.00M 0.00M 0.00M 0.00M
Long-Term Investments 116.31M 0.00M 90.01M 0.00M 0.00M 0.00M 5.98M
Tax Assets 0.49M 1.37M 0.26M 0.40M 17.61M 24.46M 0.00M
Other Non-Current Assets 5.82M 112.43M 18.79M 79.04M 59.52M 45.36M 20.21M
Other Assets 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Total Non-Current Assets 135.56M 122.27M 120.04M 84.52M 80.34M 75.80M 29.62M
Total Assets 1,610.18M 1,613.26M 1,543.22M 822.08M 573.88M 537.08M 368.09M
Accounts Payable 8.59M 8.45M 8.50M 8.40M 0.03M 0.07M 0.00M
Short-Term Debt 0.00M 10.45M 151.08M 164.08M 148.00M 135.00M 120.00M
Tax Payables 51.73M 55.67M 61.64M 1.41M 0.00M 0.00M 0.00M
Deferred Revenue 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Current Liabilities 5.71M 5.13M 4.62M 14.61M 2.79M 9.10M 19.74M
Total Current Liabilities 66.03M 79.70M 225.85M 188.50M 150.82M 144.17M 139.74M
Long-Term Debt 0.00M 0.00M 0.00M 0.00M 13.00M 0.00M 0.00M
Capital Lease Obligations 11.61M 6.89M 9.27M 4.71M 3.03M 5.79M 3.03M
Deferred Tax Liabilities 0.00M 0.00M 0.82M 0.00M 0.37M 0.00M 0.00M
Other Non-Current Liabilities 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Total Non-Current Liabilities 11.61M 6.89M 10.10M 4.71M 16.40M 5.79M 3.03M
Total Liabilities 77.63M 86.59M 235.94M 193.21M 167.21M 149.96M 142.77M
Preferred Stock 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Common Stock 248.56M 248.56M 248.56M 218.56M 198.56M 198.56M 171.28M
Retained Earnings 392.67M 288.19M 235.83M 62.06M 12.92M -45.20M -18.80M
Accumulated OCI 61.31M 49.67M 31.47M 0.00M 0.00M 0.00M 0.00M
Minority Interest 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Total Shareholders’ Equity 702.54M 586.42M 515.86M 280.62M 211.47M 153.36M 152.48M
Total Equity 702.54M 586.42M 515.86M 280.62M 211.47M 153.36M 152.48M
Total Liabilities & Equity 780.17M 673.01M 751.80M 473.83M 378.69M 303.32M 295.25M
Tangible Assets 1,609.97M 1,613.02M 1,542.94M 822.08M 573.88M 537.08M 368.09M
Tangible Equity 702.33M 586.19M 515.58M 280.62M 211.47M 153.36M 152.48M
Tangible Book Value 702.33M 586.19M 515.58M 280.62M 211.47M 153.36M 152.48M
Total Investments 121.01M 4.56M 95.23M 73.94M 57.79M 43.61M 5.98M
Net Debt -997.21M -950.76M -888.76M -283.55M -186.55M -259.67M -154.70M

Capital Metrics

Metric MRQ MRQ-1 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Working Capital 1,325.9M 1,220.9M 1,154.4M 519.0M 317.7M 301.7M 186.8M
Total Capital 1,465.8M 1,355.5M 1,427.9M 778.3M 548.3M 516.0M 338.6M
Capital Employed 1,461.5M 1,343.1M 1,274.4M 611.6M 398.1M 377.5M 216.4M
Invested Capital 468.6M 394.2M 388.1M 330.7M 200.7M 121.3M 63.9M

Cash Flow Statement

Metric TTM TTM-1 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Net Income 430.97M 168.17M 297.14M 60.44M 20.16M -54.63M -18.81M
Depreciation & Amortization 3.56M 5.28M 3.86M 3.27M 3.70M 3.50M 3.04M
Deferred Income Tax 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Stock-Based Compensation 0.00M 0.00M 0.00M 117.96M 0.00M 0.00M 0.00M
Change in Working Capital -89.90M -149.32M -90.80M -132.05M -84.03M 2.49M -2.11M
Accounts Receivable -92.51M -96.69M -92.47M 0.00M -1.53M 0.00M -0.40M
Inventory 0.06M 0.18M 0.17M 0.00M -0.14M -0.05M 0.00M
Accounts Payable 0.09M -0.01M 0.11M 0.00M 0.00M 0.00M 0.00M
Other Working Capital 2.46M -52.81M 1.39M -132.05M -82.36M 0.00M -1.71M
Other Non-Cash Items -72.61M 166.58M 5.32M 19.98M 7.95M 5.00M -3.79M
Net Cash from Operating Activities 272.03M 190.70M 215.53M 69.60M -52.23M -48.47M -21.67M
Capital Expenditures (PPE) -0.13M -1.24M -1.06M 0.00M -0.11M 0.00M 0.00M
Acquisitions (Net) 0.00M 1.81M 0.00M 1.81M 0.00M 0.00M 0.00M
Purchases of Investments -1.07M -10.04M -9.22M 0.00M 0.00M -40.00M 0.00M
Sales / Maturities of Investments 0.00M 0.00M 2.87M 0.00M 0.00M 0.36M 0.00M
Other Investing Activities -2.43M 4.69M 0.34M -11.08M -16.84M -8.27M -5.03M
Net Cash from Investing Activities -3.63M -4.78M -7.06M -9.27M -16.96M -48.13M -5.03M
Net Debt Issuance -151.08M 4.66M -13.00M -15.41M 22.30M 15.00M -2.75M
Long-Term Debt Issuance -1.08M -6.50M -13.00M -15.41M 22.30M 0.00M -2.75M
Short-Term Debt Issuance -150.00M 11.16M 0.00M 0.00M 0.00M 15.00M 0.00M
Net Stock Issuance 0.00M 50.00M 450.00M 0.00M 0.00M 204.59M 0.00M
Common Stock Issuance 0.00M 50.00M 450.00M 0.00M 0.00M 204.59M 0.00M
Common Stock Repurchased 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Preferred Stock Issuance 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Net Dividends Paid -136.71M -34.78M -49.71M -9.93M 0.00M 0.00M 0.00M
Common Dividends Paid -136.71M -34.78M -49.71M -9.93M 0.00M 0.00M 0.00M
Preferred Dividends Paid 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Financing Activities 67.48M 360.96M -3.85M 65.00M 0.00M -3.13M 120.00M
Net Cash from Financing Activities -220.31M 380.84M 383.44M 39.66M 22.30M 216.46M 117.25M
Effect of FX on Cash 0.47M -0.23M 0.31M 0.10M -0.24M 0.12M 0.00M
Net Change in Cash -42.64M 409.83M 592.21M 100.09M -47.13M 119.97M 90.56M
Cash at Beginning of Period 3,041.61M 381.94M 447.64M 347.55M 394.67M 274.70M 184.14M
Cash at End of Period 2,998.97M 857.47M 1,039.85M 447.64M 347.55M 394.67M 274.70M
Operating Cash Flow 272.03M 190.70M 215.53M 69.60M -52.23M -48.47M -21.67M
Capital Expenditure -0.13M -1.24M -1.37M 0.00M -0.11M 0.00M 0.00M
Free Cash Flow 271.89M 190.70M 214.16M 69.60M -52.34M -48.47M -21.67M

Free Cash Flow

Metric TTM TTM-1 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
EBITDA 136.29M -106.25M 96.36M -62.83M -31.51M -21.65M -2.80M
(-) Tax Adjustment 30.17M -23.22M 20.60M -14.61M -8.31M -3.76M -0.47M
(-) Change In Working Capital -89.90M -149.32M -90.80M -132.05M -84.03M 2.49M -2.11M
(-) Capital Expenditure -0.13M -1.24M -1.37M 0.00M -0.11M 0.00M 0.00M
Unlevered Free Cash Flow 195.89M 65.05M 165.19M 83.83M 60.71M -20.38M -0.22M
(-) Net Interest Income After Taxes -9.65M -22.88M -13.76M -19.16M -3.15M -4.13M 0.00M
Net Debt Issuance -151.08M 4.66M -13.00M -15.41M 22.30M 15.00M -2.75M
Levered Free Cash Flow 54.45M 92.59M 165.96M 87.57M 86.16M -1.25M -2.97M