Income Statement for EXDW

	Exceed World, Inc. (EXDW)
	Q1-CY2026	Q4-CY2025	Q3-CY2025	Q2-CY2025	Q1-CY2025	Q4-CY2024	Q3-CY2024	Q2-CY2024	Q1-CY2024	Q4-CY2023	Q3-CY2023	Q2-CY2023	Q1-CY2023	Q4-CY2022	Q3-CY2022	Q2-CY2022	Q1-CY2022	Q4-CY2021	Q3-CY2021	Q2-CY2021	Q1-CY2021	Q4-CY2020	Q3-CY2020	Q2-CY2020	Q1-CY2020	Q4-CY2019	Q3-CY2019	Q2-CY2019	Q1-CY2019	Q4-CY2018	Q3-CY2018	Q2-CY2018	Q1-CY2018	Q4-CY2017	Q3-CY2017	Q2-CY2017	Q1-CY2017	Q4-CY2016	Q3-CY2016	Q2-CY2016	Q1-CY2016	Q4-CY2015	Q3-CY2015	Q2-CY2015	Q1-CY2015	Q4-CY2014	Q3-CY2014	Q2-CY2014	Q1-CY2014
Balance Sheet Date			2025-Sep-30	2025-Jun-30	2025-Mar-31	2024-Dec-31	2024-Sep-30	2024-Jun-30	2024-Mar-31	2023-Dec-31											2021-Mar-31	2020-Dec-31	2020-Sep-30	2020-Jun-30	2020-Mar-31	2019-Dec-31	2019-Sep-30	2019-Jun-30	2019-Mar-31	2018-Dec-31	2018-Sep-30	2018-Jun-30	2018-Mar-31	2017-Dec-31	2017-Sep-30	2017-Jun-30	2017-Mar-31	2016-Dec-31		2016-May-31	2016-Feb-29	2015-Nov-30	2015-Aug-31	2015-May-31
Fiscal Period			Q4-FY2025	Q3-FY2025	Q2-FY2025	Q1-FY2025	Q4-FY2024	Q3-FY2024	Q2-FY2024	Q1-FY2024											Q2-FY2021	Q1-FY2021	Q4-FY2020	Q3-FY2020	Q2-FY2020	Q1-FY2020	Q4-FY2019	Q3-FY2019	Q2-FY2019	Q1-FY2019	Q4-FY2018	Q3-FY2018	Q2-FY2018	Q1-FY2018	Q4-FY2017	Q3-FY2017	Q2-FY2017	Q1-FY2017		Q2-FY2016	Q1-FY2016	Q4-FY2015	Q3-FY2015	Q2-FY2015
Total Revenue			1,090,900$	2,213,108$	2,315,935$	3,005,008$	4,838,635$	8,357,749$	6,359,520$	4,827,149$	4,770,281$	6,998,555$	8,122,082$	6,031,803$							4,243,964$	10,911,737$	5,931,963$	3,908,965$	5,345,918$	5,832,608$	6,491,260$	8,101,607$	5,908,517$	7,892,164$	15,083,909$	8,850,448$	5,338,906$	5,605,725$	36,836,415$	10,018$	5,363$	8,486$		5,354$
QoQ%			(50.71%)	(4.44%)	(22.93%)	(37.90%)	(42.11%)	31.42%	31.75%	1.19%	(31.84%)	(13.83%)	34.65%								(61.11%)	83.95%	51.75%	(26.88%)	(8.34%)	(10.15%)	(19.88%)	37.12%	(25.13%)	(47.68%)	70.43%	65.77%	(4.76%)	(84.78%)	367,602.29%	86.80%	(36.80%)
YoY%			(77.45%)	(73.52%)	(63.58%)	(37.75%)	1.43%	19.42%	(21.70%)	(19.97%)											(20.61%)	87.08%	(8.62%)	(51.75%)	(9.52%)	(26.10%)	(56.97%)	(8.46%)	10.67%	40.79%	(59.05%)	88,245.46%	99,450.74%	65,958.51%			.17%
Cost Of Revenue			889,411$	1,290,922$	1,214,748$	1,145,371$	968,803$	4,593,125$	3,030,856$	2,343,572$	2,602,482$	3,457,870$	4,026,656$	2,899,252$							2,472,679$	5,269,396$	2,751,615$	1,920,974$	3,043,386$	2,819,884$	4,500,284$	4,054,151$	3,050,728$	4,494,705$	7,195,178$	5,238,558$	2,451,179$	3,769,267$	22,203,566$	6,506$	3,285$	5,658$		3,569$
Gross Profit			201,489$	922,186$	1,101,187$	1,859,637$	3,869,832$	3,764,624$	3,328,664$	2,483,577$	2,167,799$	3,540,685$	4,095,426$	3,132,551$							1,771,285$	5,642,341$	3,180,348$	1,987,991$	2,302,532$	3,012,724$	1,990,976$	4,047,456$	2,857,789$	3,397,459$	7,888,731$	3,611,890$	2,887,727$	1,836,458$	14,632,849$	3,512$	2,078$	2,828$		1,785$
Gross Margin			18.47%	41.67%	47.55%	61.89%	79.98%	45.04%	52.34%	51.45%	45.44%	50.59%	50.42%	51.93%							41.74%	51.71%	53.61%	50.86%	43.07%	51.65%	30.67%	49.96%	48.37%	43.05%	52.30%	40.81%	54.09%	32.76%	39.72%	35.06%	38.75%	33.33%		33.34%
Operating Expenses			2,648,558$	2,768,972$	2,719,197$	2,617,743$	1,590,235$	4,367,359$	3,052,440$	2,763,922$	3,109,233$	3,784,560$	3,483,741$	2,944,379$							2,356,966$	2,680,306$	2,772,256$	2,629,248$	3,461,943$	2,488,297$	3,655,300$	2,736,476$	3,011,595$	3,364,636$	4,130,146$	2,482,024$	3,404,876$	3,595,128$	1,082,122$	4,933$	19,796$	14,119$		18,813$	4,196$	8,196$	0$	550$
Operating Income
Operating Margin
Interest Income
Interest Expenses
Income Before Tax			(2,424,127$)	(1,795,088$)	(1,804,787$)	(734,125$)	2,291,019$	(552,336$)	301,715$	(270,772$)	(927,927$)	(215,261$)	662,864$	214,706$							(585,360$)	2,478,855$	626,848$	(496,097$)	(1,801,745$)	717,241$	(1,880,743$)	2,406,921$	78,395$	(290,323$)	3,330,970$	1,295,857$	(444,426$)	(1,896,066$)	4,797,123$	(1,421$)	(17,718$)	(11,291$)		(17,041$)	(4,196$)	(4,196$)	(1,250$)	(1,925$)	(1,375$)
Tax Expenses			48,053$	4,216$	29,987$	40,064$	726,056$	(599,938$)	464,957$	7,174$	(538,273$)	279,491$	422,664$	122,247$							(31,107$)	186,762$	109,166$	53,618$	(381,747$)	227,488$	(220,005$)	513,190$	86,583$	66,499$	(21,252$)	(155,979$)	87,934$		532,493$	480$	56$	410$		(13$)
Net Income			(2,472,180$)	(1,799,304$)	(1,834,774$)	(774,189$)	1,564,963$	47,602$	(163,242$)	(277,946$)	(389,654$)	(494,752$)	240,200$	92,459$							(554,253$)	2,292,093$	517,682$	(549,715$)	(1,419,998$)	489,753$	(1,660,738$)	1,893,731$	(8,188$)	(356,822$)	3,352,222$	1,451,836$	(532,360$)	(1,896,066$)	4,264,630$	(1,901$)	(17,774$)	(11,701$)		(17,028$)	(4,196$)	(4,196$)	(1,250$)	(1,925$)	(1,375$)
Profit Margin			(226.62%)	(81.30%)	(79.22%)	(25.76%)	32.34%	.57%	(2.57%)	(5.76%)	(8.17%)	(7.07%)	2.96%	1.53%							(13.06%)	21.01%	8.73%	(14.06%)	(26.56%)	8.40%	(25.58%)	23.38%	(.14%)	(4.52%)	22.22%	16.40%	(9.97%)	(33.82%)	11.58%	(18.98%)	(331.42%)	(137.89%)		(318.04%)
TTM			(79.77%)	(22.98%)	(5.38%)	2.99%	4.80%	(3.22%)	(5.78%)	(3.73%)	(2.13%)										6.82%	3.22%	(4.58%)	(14.56%)	(2.71%)	2.71%	(.47%)	13.20%	11.76%	10.53%	6.81%	5.81%	3.84%	5.53%	11.49%
Earnings to Minority
Earnings to Common Shareholders			(2,472,180$)	(1,799,304$)	(1,834,774$)	(774,189$)	1,564,963$	47,602$	(163,242$)	(277,946$)	(389,654$)	(494,752$)	240,200$	92,459$							(554,253$)	2,292,093$	517,682$	(549,715$)	(1,419,998$)	489,753$	(1,660,738$)	1,893,731$	(8,188$)	(356,822$)	3,352,222$	1,451,836$	(532,360$)	(1,896,066$)	4,264,630$	(1,901$)	(17,774$)	(11,701$)		(17,028$)	(4,196$)	(4,196$)	(1,250$)	(1,925$)	(1,375$)
QoQ%			(37.40%)	1.93%	(136.99%)	(149.47%)	3,187.60%	129.16%	41.27%	28.67%	21.24%	(305.98%)	159.79%								(124.18%)	342.76%	194.17%	61.29%	(389.94%)	129.49%	(187.70%)	23,228.13%	97.71%	(110.64%)	130.90%	372.72%	71.92%	(144.46%)	224,436.14%	89.31%	(51.90%)			(305.82%)	.00%	(235.68%)	35.07%	(40.00%)
YoY%			(257.97%)	(3,879.89%)	(1,023.96%)	(178.54%)	501.63%	109.62%	(167.96%)	(400.62%)											60.97%	368.01%	131.17%	(129.03%)	(17,242.43%)	237.25%	(149.54%)	30.44%	98.46%	81.18%	(21.40%)	76,472.23%	(2,895.16%)	(16,104.31%)			(4.38%)	(178.86%)		(784.57%)	(205.16%)
Earnings Per Share, Basic																					(0.02$)	0.07$	0.02$	(0.02$)	(0.04$)	0.01$	(0.05$)	0.06$	0.00$	(0.01$)	0.16$	0.07$	(0.03$)	(0.09$)	(0.05$)	0.00$	0.00$	0.00$		0.00$	0.00$	0.00$	0.00$	0.00$	0.00$
Earnings Per Share, Diluted			(0.08$)	(0.06$)	(0.06$)	(0.02$)	0.05$	0.00$	0.00$	(0.01$)	(0.01$)	(0.02$)	0.01$	0.00$							(0.02$)	0.07$	0.02$	(0.02$)	(0.04$)	0.01$	(0.05$)	0.06$	0.00$	(0.01$)
Unlevered FCF Per Share, Basic
Unlevered FCF Per Share, Diluted
Average Shares, Basic																					32,700,000	32,700,000	32,700,000	32,700,000	32,700,000	32,700,000	32,700,000	32,700,000	32,700,000	32,700,000	20,695,892	20,000,000	20,000,000	20,000,000	-80,219,780	20,000,000	20,000,000	120,219,780		400,000,000	400,000,000	1,540,000,000	20,000,000	20,000,000	20,000,000
Average Shares, Diluted			32,700,000	32,700,000	32,700,000	32,700,000	32,700,000	32,700,000	32,700,000	32,700,000	32,700,000	32,700,000	32,700,000	32,700,000							32,700,000	32,700,000	32,700,000	32,700,000	32,700,000	32,700,000	32,700,000	32,700,000	32,700,000	32,700,000
EBIT			(2,424,127$)	(1,795,088$)	(1,804,787$)	(734,125$)	2,291,019$	(552,336$)	301,715$	(270,772$)	(927,927$)	(215,261$)	662,864$	214,706$							(585,360$)	2,478,855$	626,848$	(496,097$)	(1,801,745$)	717,241$	(1,880,743$)	2,406,921$	78,395$	(290,323$)	3,330,970$	1,295,857$	(444,426$)	(1,896,066$)	4,797,123$	(1,421$)	(17,718$)	(11,291$)		(17,041$)	(4,196$)	(4,196$)	(1,250$)	(1,925$)	(1,375$)
EBITDA			(2,072,907$)	(1,564,423$)	(1,626,830$)	(620,387$)	2,505,929$	(505,986$)	348,941$	(224,313$)	(866,004$)	(136,828$)	753,217$	299,223$							(585,360$)	2,478,855$	626,848$	(496,097$)	(1,801,745$)	717,241$	(1,880,743$)	2,406,921$	78,395$	(290,323$)	3,330,970$	1,295,857$	(444,426$)	(1,896,066$)	4,797,123$	(1,421$)	(17,718$)	(11,291$)		(17,041$)	(4,196$)	(4,196$)	(1,250$)	(1,925$)	(1,375$)