SYLA Technologies Co., Ltd. (SYT) Income Statement
SYT 2024 at a glance
Fiscal year ended December 31, 2024 · Japanese yenSYT revenue and net income
Where SYT's revenue goes
2024Each bar shows an amount and its share of revenue. SYT kept 3.6% of revenue as net income.
SYT profit margins
SYT growth rates
to 2024| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +35.7% | +22.8% | — | — |
| Gross profit | +19.3% | +28.0% | — | — |
| Operating income | +60.2% | +50.1% | — | — |
| Net income | +63.6% | +59.0% | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
SYT income statement in Japanese yen
| 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
| Revenue | ¥30.87B | ¥22.74B | ¥22.06B | ¥16.67B | ¥13.14B |
| Cost of revenue | ¥24.27B | ¥17.21B | ¥18.45B | ¥13.52B | ¥10.33B |
| Gross profit | ¥6.61B | ¥5.54B | ¥3.60B | ¥3.15B | ¥2.81B |
| Sales, general & admin | ¥3.70B | ¥3.57B | ¥2.25B | ¥2.07B | ¥1.61B |
| Total operating expenses | ¥4.30B | ¥4.10B | ¥2.83B | ¥2.47B | ¥1.93B |
| Operating income | ¥2.31B | ¥1.44B | ¥778.7M | ¥682.4M | ¥888.4M |
| Income before taxes | ¥1.84B | ¥1.02B | ¥655.9M | ¥500.1M | ¥740.9M |
| Income taxes | ¥591.1M | ¥266.0M | ¥345.2M | ¥221.4M | ¥305.1M |
| Net income | ¥1.11B | ¥681.4M | ¥395.0M | ¥277.5M | ¥435.7M |
| EBITDA | ¥2.72B | ¥1.74B | ¥1.09B | ¥834.0M | ¥1.03B |
| Gross margin | 21.4% | 24.3% | 16.3% | 18.9% | 21.4% |
| Operating margin | 7.5% | 6.3% | 3.5% | 4.1% | 6.8% |
| Net margin | 3.6% | 3.0% | 1.8% | 1.7% | 3.3% |
| Jun '24 | Mar '24 | Jun '22 | Dec '21 | Jun '21 | |
|---|---|---|---|---|---|
| Revenue | ¥11.12B | ¥12.78B | ¥9.80B | ¥10.46B | ¥6.70B |
| Cost of revenue | ¥9.07B | ¥9.74B | ¥8.21B | ¥8.44B | ¥5.62B |
| Gross profit | ¥2.05B | ¥3.04B | ¥1.58B | ¥2.02B | ¥1.07B |
| Total operating expenses | −¥1.84B | −¥2.09B | ¥1.28B | ¥84.1M | −¥1.07B |
| Operating income | ¥204.8M | ¥958.2M | ¥111.7M | ¥278.5M | ¥6.6M |
| Income before taxes | ¥98.7M | ¥541.2M | ¥5 | ¥12 | ¥0 |
| Income taxes | ¥134.3M | ¥111.3M | ¥4 | ¥10 | ¥0 |
| Net income | −¥70.8M | ¥410.8M | ¥3.25B | ¥2.66B | ¥2.53B |
| EBITDA | ¥204.8M | ¥958.2M | ¥109.0M | ¥87.0M | ¥72.2M |
| Gross margin | 18.4% | 23.8% | 16.2% | 19.3% | 16.0% |
| Operating margin | 1.8% | 7.5% | 1.1% | 2.7% | 0.1% |
| Net margin | −0.6% | 3.2% | 33.2% | 25.4% | 37.8% |
Quarterly columns are labeled by the month the quarter ended. Figures in Japanese yen as reported in SYT's financial statements (latest annual report filed April 30, 2025); data from EODHD. Sales, general & administrative expenses include sales and marketing.
SYT financial results
In fiscal year 2024 (ended December 31, 2024), SYLA Technologies Co. Ltd. reported revenue of ¥30.9 billion, up 35.7% from the year before. It had net income of ¥1.1 billion (up 63.6%), a net profit margin of 3.6%. Figures are in Japanese yen, the currency of its financial statements.
See the SYT stock overview for the latest quote and news, or the SYT chart for price history and technical indicators.
SYT income statement FAQ
What is SYLA Technologies Co. Ltd.'s annual revenue?
SYLA Technologies Co. Ltd. reported total revenue of ¥30.9 billion for fiscal year 2024, which ended on December 31, 2024. That was up 35.7% from ¥22.7 billion the previous year.
Is SYLA Technologies Co. Ltd. profitable?
Yes. SYLA Technologies Co. Ltd. reported net income of ¥1.1 billion in fiscal 2024, a net profit margin of 3.6%; its operating margin was 7.5%.
What is SYLA Technologies Co. Ltd.'s gross margin?
SYLA Technologies Co. Ltd.'s gross margin was 21.4% in fiscal 2024: for every $100 of revenue, SYLA Technologies Co. Ltd. kept $21 after the direct cost of its products and services.
When does SYLA Technologies Co. Ltd.'s fiscal year end?
SYLA Technologies Co. Ltd.'s fiscal year ends in December. The latest annual report covers the year ended December 31, 2024 and was filed on April 30, 2025.