Money Forward Inc (MNFYY) Income Statement
MNFYY FY2025 at a glance
Fiscal year ended November 30, 2025 · Japanese yenMNFYY revenue and net income
Where MNFYY's revenue goes
FY2025Each bar shows an amount and its share of revenue. MNFYY kept 3.2% of revenue as net income.
MNFYY profit margins
MNFYY growth rates
to FY2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +24.7% | +32.8% | — | — |
| Gross profit | +26.5% | +36.7% | — | — |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
MNFYY income statement in Japanese yen
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Revenue | ¥50.35B | ¥40.36B | ¥30.38B | ¥21.48B | ¥15.63B |
| Cost of revenue | ¥16.12B | ¥13.30B | ¥11.30B | ¥8.08B | ¥4.81B |
| Gross profit | ¥34.23B | ¥27.06B | ¥19.08B | ¥13.40B | ¥10.82B |
| Total operating expenses | ¥53.00B | ¥45.10B | ¥36.71B | ¥29.95B | ¥16.69B |
| Operating income | −¥2.65B | −¥4.74B | −¥6.33B | −¥8.47B | −¥1.06B |
| Interest income | ¥58.0M | ¥6.5M | ¥1.3M | ¥549,000 | ¥78,000 |
| Interest expense | ¥263.2M | ¥172.7M | ¥131.5M | ¥83.1M | ¥48.3M |
| Income before taxes | ¥3.39B | −¥5.64B | −¥6.81B | −¥9.62B | −¥1.43B |
| Net income | ¥1.59B | −¥6.33B | −¥6.32B | −¥9.45B | −¥1.48B |
| EBITDA | ¥8.69B | −¥1.92B | −¥4.24B | −¥7.97B | — |
| Gross margin | 68.0% | 67.0% | 62.8% | 62.4% | 69.2% |
| Operating margin | −5.3% | −11.7% | −20.8% | −39.4% | −6.8% |
| Net margin | 3.2% | −15.7% | −20.8% | −44.0% | −9.5% |
| May '24 | Feb '24 | |
|---|---|---|
| Revenue | ¥10.32B | ¥9.54B |
| Cost of revenue | ¥3.47B | ¥3.00B |
| Gross profit | ¥6.85B | ¥6.54B |
| Total operating expenses | ¥11.16B | ¥10.54B |
| Operating income | −¥835.0M | −¥992.6M |
| Interest income | ¥1.1M | ¥1.1M |
| Interest expense | ¥35.7M | ¥35.2M |
| Income before taxes | −¥1.02B | −¥1.14B |
| Net income | −¥1.28B | −¥1.32B |
| Gross margin | 66.4% | 68.5% |
| Operating margin | −8.1% | −10.4% |
| Net margin | −12.4% | −13.8% |
Quarterly columns are labeled by the month the quarter ended. Figures in Japanese yen as reported in MNFYY's financial statements (latest annual report filed —); data from EODHD. Sales, general & administrative expenses include sales and marketing.
MNFYY financial results
In fiscal year 2025 (ended November 30, 2025), Money Forward reported revenue of ¥50.3 billion, up 24.7% from the year before. It had net income of ¥1.6 billion, a net profit margin of 3.2%. Figures are in Japanese yen, the currency of its financial statements.
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MNFYY income statement FAQ
What is Money Forward's annual revenue?
Money Forward reported total revenue of ¥50.3 billion for fiscal year 2025, which ended on November 30, 2025. That was up 24.7% from ¥40.4 billion the previous year.
Is Money Forward profitable?
Yes. Money Forward reported net income of ¥1.6 billion in fiscal 2025, a net profit margin of 3.2%; its operating margin was −5.3%.
What is Money Forward's gross margin?
Money Forward's gross margin was 68.0% in fiscal 2025: for every $100 of revenue, Money Forward kept $68 after the direct cost of its products and services.
When does Money Forward's fiscal year end?
Money Forward's fiscal year ends in November. The latest annual report covers the year ended November 30, 2025.