NASDAQ : PCLA
PicoCELA Inc. — Financial statements
Communication Services · Telecom Services · Japan
Last price 11.1 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 106.71M
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Financial statements
PicoCELA Inc. (PCLA) reported revenue of 659.50M JPY (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year October - September; amounts in JPY.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | 659.50M | 544.69M | 784.40M | 559.52M | 682.12M |
| Cost of Revenue | 300.50M | 254.08M | 361.20M | 290.09M | 244.81M |
| Gross Profit | 358.99M | 290.61M | 423.20M | 269.43M | 437.31M |
| Selling, General & Admin | 3.26B | 892.05M | 870.38M | 897.97M | 453.55M |
| Operating Expenses | 3.26B | 892.05M | 870.38M | 897.97M | 453.55M |
| Operating Income | -2.90B | -601.44M | -447.18M | -628.53M | -16.24M |
| Interest Expense | -2.51M | -17.41M | -31.03M | ||
| Interest & Investment Income | 245.00K | 3.24M | |||
| Currency Exchange Gain (Loss) | 3.14M | -8.62M | -2.13M | -4.23M | 7.44M |
| Other Non Operating Income (Expenses) | 1.18M | 1.16M | 421.00K | -1.44M | 386.00K |
| Pretax Income | -2.90B | -626.31M | -479.92M | -633.96M | -5.18M |
| Net Income | -2.90B | -626.31M | -479.92M | -633.96M | -5.18M |
| Net Income to Common | -2.90B | -626.31M | -479.92M | -633.96M | -5.18M |
| Shares Outstanding (Basic) | 1.76M | 916.55K | 359.60K | 236.09K | 235.34K |
| Shares Outstanding (Diluted) | 1.76M | 916.55K | 359.60K | 236.09K | 235.34K |
| EPS (Basic) | -1,648.15 | -683.34 | -1,334.58 | -2,685.18 | -22.01 |
| EPS (Diluted) | -1,648.15 | -683.34 | -1,334.58 | -2,685.19 | -22.01 |
| Free Cash Flow | -450.64M | -572.36M | -261.63M | -760.39M | -118.82M |
| Free Cash Flow Per Share | -255.84 | -624.47 | -727.54 | -3,220.72 | -504.88 |
| Gross Margin | 54.43% | 53.35% | 53.95% | 48.15% | 64.11% |
| Operating Margin | -440.48% | -110.42% | -57.01% | -112.33% | -2.38% |
| Profit Margin | -440.20% | -114.98% | -61.18% | -113.30% | -0.76% |
| Free Cash Flow Margin | -68.33% | -105.08% | -33.35% | -135.90% | -17.42% |
| EBITDA | -2.88B | -574.91M | -426.52M | -616.36M | -8.01M |
| EBITDA Margin | -105.55% | -54.37% | -110.16% | -1.17% | |
| D&A For EBITDA | 27.35M | 26.53M | 20.67M | 12.18M | 8.23M |
| EBIT | -2.90B | -601.44M | -447.18M | -628.53M | -16.24M |
| EBIT Margin | -110.42% | -57.01% | -112.33% | -2.38% | |
| Revenue as Reported | 659.50M | 544.69M | 784.40M | 559.52M | 682.12M |
| Advertising Expenses | 12.50M | 7.90M | 10.30M | 11.20M |
Balance sheet
Fiscal year October - September; amounts in JPY.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Cash & Equivalents | 187.40M | 534.89M | 456.77M | 427.97M | 263.10M |
| Short-Term Investments | 30.89M | ||||
| Cash & Short-Term Investments | 187.40M | 534.89M | 487.67M | 427.97M | 263.10M |
| Accounts Receivable | 97.81M | 80.55M | 219.40M | 267.47M | 271.50M |
| Other Receivables | 27.82M | 6.35M | 27.37M | ||
| Receivables | 97.81M | 108.37M | 225.75M | 294.84M | 271.50M |
| Inventory | 265.26M | 332.03M | 221.05M | 277.41M | 114.30M |
| Prepaid Expenses | 23.14M | 17.05M | 12.98M | 9.59M | 3.21M |
| Other Current Assets | 155.00K | 109.00K | 42.00K | 1.06M | 463.00K |
| Total Current Assets | 573.77M | 992.44M | 947.49M | 1.01B | 652.58M |
| Property, Plant & Equipment | 21.91M | 37.07M | 33.31M | 31.40M | 18.39M |
| Long-Term Investments | 3.00M | 3.00M | 3.00M | 3.00M | 3.00M |
| Other Intangible Assets | 50.46M | 47.45M | 33.49M | 11.94M | 16.16M |
| Long-Term Accounts Receivable | 1.89M | 2.59M | 6.05M | 8.05M | 8.65M |
| Long-Term Deferred Charges | 205.75M | 77.70M | |||
| Other Long-Term Assets | 4.62M | 4.62M | 5.67M | 6.26M | 1.74M |
| Total Assets | 655.65M | 1.09B | 1.23B | 1.15B | 700.51M |
| Accounts Payable | 6.27M | 1.33M | 6.38M | 6.35M | 4.62M |
| Accrued Expenses | 130.07M | 99.91M | 80.72M | 51.89M | 51.60M |
| Current Portion of Long-Term Debt | 69.49M | 261.94M | 217.97M | 215.00M | 95.73M |
| Current Portion of Leases | 4.43M | 7.39M | 7.42M | 8.77M | 6.81M |
| Current Unearned Revenue | 60.85M | 55.08M | 40.30M | 19.92M | 12.36M |
| Other Current Liabilities | 54.03M | 39.38M | 82.20M | 64.74M | 35.38M |
| Total Current Liabilities | 325.15M | 465.03M | 435.00M | 366.67M | 206.49M |
| Long-Term Debt | 10.44M | 328.28M | 26.28M | 4.62M | |
| Long-Term Leases | 249.00K | 1.79M | 3.51M | 2.02M | 3.59M |
| Long-Term Unearned Revenue | 128.18M | 139.96M | 113.18M | 58.25M | 17.90M |
| Total Liabilities | 453.57M | 617.22M | 879.96M | 453.22M | 232.59M |
| Common Stock | 657.60M | 60.00M | 100.00M | 2.31M | 2.08M |
| Additional Paid-In Capital | 3.59B | 3.24B | 2.46B | 2.24B | 1.46B |
| Retained Earnings | -4.05B | -2.83B | -2.20B | -1.72B | -1.09B |
| Total Common Equity | 202.07M | 469.95M | 354.79M | 523.31M | 370.00M |
| Shareholders' Equity | 202.07M | 469.95M | 354.79M | 695.99M | 467.92M |
| Total Liabilities & Equity | 655.65M | 1.09B | 1.23B | 1.15B | 700.51M |
| Total Debt | 74.17M | 281.56M | 557.18M | 252.07M | 110.74M |
| Net Cash (Debt) | 113.23M | 253.33M | -69.52M | 175.90M | 152.36M |
| Net Cash Per Share | 64.28 | 276.40 | -193.31 | 745.03 | 647.41 |
| Filing Date Shares Outstanding | 4.15M | 1.15M | 764.46K | 237.14K | 235.34K |
| Total Common Shares Outstanding | 4.15M | 1.15M | 764.46K | 237.14K | 235.34K |
| Working Capital | 248.62M | 527.41M | 512.49M | 644.20M | 446.08M |
| Book Value Per Share | 48.65 | 407.30 | 464.10 | 2,206.77 | 1,572.21 |
| Tangible Book Value | 151.62M | 422.50M | 321.30M | 511.37M | 353.85M |
| Tangible Book Value Per Share | 36.50 | 366.18 | 420.29 | 2,156.43 | 1,503.56 |
| Machinery | 99.33M | 99.00M | 70.82M | 52.41M | 32.11M |
Cash flow statement
Fiscal year October - September; amounts in JPY.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Net Income | -2.90B | -626.31M | -479.92M | -633.96M | -5.18M |
| Depreciation & Amortization | 27.35M | 26.53M | 20.67M | 12.18M | 8.23M |
| Loss (Gain) From Sale of Assets | 28.00K | 43.00K | |||
| Stock-Based Compensation | 2.33B | 5.21M | |||
| Other Operating Activities | 8.83M | 9.44M | 10.66M | 9.84M | 8.90M |
| Change in Accounts Receivable | 38.21M | 169.68M | -6.60M | 52.73M | -161.94M |
| Change in Inventory | -75.76M | -57.65M | -22.74M | -114.06M | 30.14M |
| Change in Accounts Payable | 4.02M | -5.05M | 30.00K | 1.74M | -4.18M |
| Change in Unearned Revenue | 23.87M | 41.56M | 75.31M | 47.91M | 16.21M |
| Change in Other Net Operating Assets | 113.50M | -107.43M | 159.76M | -116.33M | -7.44M |
| Operating Cash Flow | -432.93M | -544.02M | -242.81M | -739.91M | -115.26M |
| Capital Expenditures | -17.72M | -28.34M | -18.81M | -20.48M | -3.56M |
| Sale (Purchase) of Intangibles | -12.56M | -17.66M | -25.21M | -11.89M | |
| Investing Cash Flow | -30.27M | -46.00M | -44.02M | -20.48M | -15.45M |
| Long-Term Debt Issued | 372.29M | 801.00M | 250.00M | ||
| Long-Term Debt Repaid | -646.17M | -496.02M | -109.07M | -6.59M | |
| Net Debt Issued (Repaid) | -102.22M | -273.88M | 304.98M | 140.93M | -6.59M |
| Issuance of Common Stock | 467.65M | 1.24B | 9.89M | ||
| Other Financing Activities | -41.47M | -299.45M | -128.05M | -77.70M | |
| Financing Cash Flow | 323.97M | 668.13M | 315.65M | 925.26M | -6.59M |
| Net Cash Flow | -139.23M | 78.11M | 28.81M | 164.87M | -137.29M |
| Free Cash Flow | -450.64M | -572.36M | -261.63M | -760.39M | -118.82M |
| Free Cash Flow Margin | -68.33% | -105.08% | -33.35% | -135.90% | -17.42% |
| Free Cash Flow Per Share | -255.84 | -624.47 | -727.54 | -3,220.72 | -504.88 |
| Levered Free Cash Flow | 612.17M | -412.67M | -132.46M | -555.62M | |
| Unlevered Free Cash Flow | 613.74M | -401.79M | -113.06M | -555.62M | |
| Cash Interest Paid | 5.62M | 20.80M | 6.16M | 3.51M | 1.31M |
| Change in Working Capital | 103.83M | 41.11M | 205.75M | -128.01M | -127.21M |
Ratios
Fiscal year October - September; amounts in JPY.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Market Capitalization | 78.74M | 15.33M | |||
| Enterprise Value | 78.02M | 14.39M | |||
| Last Close Price | 8.19 | 13.29 | |||
| PS Ratio | 18.98 | 4.17 | |||
| PB Ratio | 26.77 | 4.83 | |||
| P/TBV Ratio | 82.57 | 5.37 | |||
| EV/Sales Ratio | 18.81 | 3.91 | |||
| Debt / Equity Ratio | 0.37 | 0.60 | 1.57 | 0.36 | 0.24 |
| Debt / EBITDA Ratio | 101.13 | ||||
| Net Debt / Equity Ratio | -0.56 | -0.54 | 0.20 | -0.25 | -0.33 |
| Net Debt / EBITDA Ratio | 0.04 | 0.44 | -0.16 | 0.28 | 19.03 |
| Net Debt / FCF Ratio | 0.25 | 0.44 | -0.27 | 0.23 | 1.28 |
| Asset Turnover | 0.84 | 0.47 | 0.66 | 0.60 | |
| Inventory Turnover | 1.15 | 0.92 | 1.45 | 1.48 | |
| Quick Ratio | 0.88 | 1.38 | 1.64 | 1.97 | 2.59 |
| Current Ratio | 1.76 | 2.13 | 2.18 | 2.76 | 3.16 |
| Return on Equity (ROE) | -890.31% | -151.88% | -91.34% | -108.94% | |
| Return on Assets (ROA) | -230.60% | -32.38% | -23.45% | -42.48% | |
| Return on Capital Employed (ROCE) | -879.00% | -96.70% | -55.90% | -80.30% | -3.30% |
| Earnings Yield | -126.56% | -27.60% | |||
| FCF Yield | -3.63% | -25.22% | |||
| Buyback Yield / Dilution | -177.34% | -154.88% | -52.31% | -0.32% |