Balance Sheet GMO Payment Gateway, Inc.

Equities

3769

JP3385890003

Business Support Services

Market Closed - Japan Exchange Other stock markets 06:30:00 13/03/2026 GMT			5-day change	1st Jan Change
7,647.00 ^JPY	-3.12%		-6.40%	-21.59%

02-20	Certain Common Stock of Infcurion, Inc. are subject to a Lock-Up Agreement Ending on 20-FEB-2026.	CI
02-12	GMO Payment Gateway, Inc. Reports Earnings Results for the First Quarter Ended December 31, 2025	CI

8944b561ce3c5f0e5880739156d56d.fU9afj7u8DWgpOTpr_gbhosTqbZyuhsOOmT_1Tv0oIY.DwU-SXutr1rMzdaG-59_s9la_fgIzV9-eVCTilWy8f5IIGoUaridQMbjiw

Published financial data: GMO PAYMENT GATEWAY, INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: September	2021	2022	2023	2024	2025
Revenues	41.67B	50.3B	63.12B	73.78B	82.5B
Total Revenues	41.67B	50.3B	63.12B	73.78B	82.5B
Cost of Goods Sold, Total	13.57B	16.66B	23.13B	25.68B	27B
Gross Profit	28.1B	33.64B	39.98B	48.1B	55.49B
Selling General & Admin Expenses, Total	12.2B	14.26B	15.75B	19.84B	20.8B
Provision for Bad Debts	1.97B	2.4B	3.06B	2.19B	2.39B
Depreciation & Amortization - (IS)	862M	945M	-	1.2B	1.23B
Other Operating Expenses	-248M	-265M	795M	-348M	-306M
Other Operating Expenses, Total	14.78B	17.34B	19.6B	22.88B	24.12B
Operating Income	13.32B	16.3B	20.38B	25.22B	31.38B
Interest Expense, Total	-151M	-180M	-233M	-288M	-509M
Interest And Investment Income	36M	223M	993M	1.12B	776M
Net Interest Expenses	-115M	43M	760M	837M	267M
Income (Loss) On Equity Invest.	17M	184M	107M	181M	399M
Currency Exchange Gains (Loss)	7M	975M	-495M	-37M	43M
Other Non Operating Income (Expenses)	-50M	-46M	-71M	-111M	-102M
EBT, Excl. Unusual Items	13.17B	17.45B	20.68B	26.09B	31.98B
Gain (Loss) On Sale Of Investments	-	16.93B	-	1.63B	-
Gain (Loss) On Sale Of Assets	415M	371M	-50M	-216M	-56M
Asset Writedown	-305M	-	-	-	-19M
Other Unusual Items	-	-	-	-	-
EBT, Incl. Unusual Items	13.28B	34.76B	20.64B	27.5B	31.91B
Income Tax Expense	4.3B	10.4B	6.81B	8.27B	9.37B
Earnings From Continuing Operations	8.98B	24.36B	13.82B	19.23B	22.54B
Earnings Of Discontinued Operations	-	-	-	-	-
Net Income to Company	8.98B	24.36B	13.82B	19.23B	22.54B
Minority Interest	-164M	-208M	-347M	-529M	-709M
Net Income - (IS)	8.82B	24.15B	13.48B	18.7B	21.83B
Net Income to Common Incl Extra Items	8.82B	24.15B	13.48B	18.7B	21.83B
Net Income to Common Excl. Extra Items	8.82B	24.15B	13.48B	18.7B	21.83B
Per Share Items
Net EPS - Basic	117.97	318.45	177.67	246.62	287.78
Basic EPS - Continuing Operations	117.97	318.45	177.67	246.62	287.78
Basic Weighted Average Shares Outstanding	74.75M	75.84M	75.84M	75.85M	75.85M
Net EPS - Diluted	116.17	314.66	175.86	243.85	284.43
Diluted EPS - Continuing Operations	116.17	314.66	175.86	243.85	284.43
Diluted Weighted Average Shares Outstanding	76.17M	76.94M	76.95M	76.95M	76.96M
Normalized Basic EPS	107.96	141.08	165.88	208.02	254.2
Normalized Diluted EPS	105.94	139.07	163.51	205.03	250.55
Dividend Per Share	59	79	89	116	144
Payout Ratio	43.39	18.51	90	36.07	43.06
Supplemental Items
EBITDA	15.21B	18.44B	22.8B	28.57B	35.3B
EBITA	13.32B	16.3B	20.38B	25.22B	31.38B
EBIT	13.32B	16.3B	20.38B	25.22B	31.38B
Effective Tax Rate - (Ratio)	32.38	29.91	33.02	30.07	29.37
Normalized Net Income	8.07B	10.7B	12.58B	15.78B	19.28B
Non-Cash Pension Expense	118M	134M	174M	183M	194M
Supplemental Operating Expense Items
Advertising Expense	-	988M	-	1.17B	1.34B
Selling and Marketing Expenses	-	988M	-	1.17B	1.34B

Fiscal Period: September	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	105B	114B	134B	174B	220B
Short Term Investments	2B	16.5B	5.3B	-	-
Total Cash And Short Term Investments	107B	130B	139B	174B	220B
Accounts Receivable, Total	10.31B	13.96B	18.95B	21.11B	24.14B
Other Receivables	24.89B	30.33B	33.4B	37.49B	37.66B
Total Receivables	35.2B	44.3B	52.35B	58.6B	61.8B
Inventory	1.66B	1.53B	2.4B	3.18B	3.21B
Prepaid Expenses	-	-	-	-	-
Deferred Tax Assets Current	-	-	-	-	-
Other Current Assets, Total	46.12B	67.96B	64.76B	62.26B	67.89B
Total Current Assets	190B	244B	258B	298B	353B
Net Property Plant And Equipment	3.95B	3.54B	3.35B	3.92B	3.35B
Long-term Investments	14.95B	17.32B	19.52B	29.27B	33.65B
Goodwill	1.26B	1.26B	1.26B	1.26B	3.49B
Other Intangibles, Total	4.26B	5.69B	8.05B	9.78B	10.28B
Deferred Tax Assets Long-Term	1.53B	1.34B	1.7B	2.38B	3.09B
Other Long-Term Assets, Total	1M	2M	1M	2M	2M
Total Assets	215B	273B	292B	345B	407B
Liabilities
Accounts Payable, Total	5.23B	5.6B	6.56B	8.02B	9.02B
Accrued Expenses, Total	-	-	-	-	-
Short-term Borrowings	15B	17B	19.9B	23.8B	12.4B
Current Portion of Long-Term Debt	138M	-	495M	540M	20.94B
Current Portion of Leases	-	-	-	-	-
Current Income Taxes Payable	23.14B	28.2B	33.26B	30.04B	34.68B
Unearned Revenue Current, Total	-	-	-	-	-
Other Current Liabilities	89.21B	97.03B	103B	142B	179B
Total Current Liabilities	133B	148B	163B	204B	256B
Long-Term Debt	19.61B	25.68B	28.72B	28.76B	29.82B
Long-Term Leases	-	-	-	-	-
Deferred Tax Liability Non Current	78M	5.64B	1.22B	1.42B	31M
Other Non Current Liabilities	5.23B	5.01B	4.31B	4.34B	5.2B
Total Liabilities	158B	184B	198B	239B	291B
Common Stock, Total	13.32B	13.32B	13.32B	13.32B	13.32B
Additional Paid In Capital	15.19B	15.27B	15.25B	15.2B	14.94B
Retained Earnings	26.55B	49.42B	50.77B	62.71B	75.38B
Treasury Stock	-1.15B	-1.15B	-1.15B	-1.12B	-1.07B
Comprehensive Income and Other	1.94B	10.26B	14.09B	12.77B	10.44B
Total Common Equity	55.84B	87.12B	92.27B	103B	113B
Minority Interest	1.97B	2.14B	2.53B	2.92B	3.16B
Total Equity	57.82B	89.26B	94.8B	106B	116B
Total Liabilities And Equity	215B	273B	292B	345B	407B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	75.84M	75.84M	75.84M	75.85M	75.85M
ECS Total Common Shares Outstanding	75.84M	75.84M	75.84M	75.85M	75.85M
Book Value / Share	736.33	1.15K	1.22K	1.36K	1.49K
Tangible Book Value	50.32B	80.18B	82.96B	91.86B	99.24B
Tangible Book Value Per Share	663.53	1.06K	1.09K	1.21K	1.31K
Total Debt	34.75B	42.68B	49.11B	53.1B	63.16B
Net Debt	-71.77B	-87.79B	-89.84B	-121B	-157B
Minority Interest, Total (Incl. Fin. Div)	1.97B	2.14B	2.53B	2.92B	3.16B
Equity Method Investments, Total	4.59B	8.61B	9.19B	9.54B	5.27B
Inventories - Finished Goods, Total	1.62B	1.51B	2.4B	3.18B	3.2B
Inventories - Others	49M	25M	3M	4M	5M
Full Time Employees	714	799	825	853	882
Accumulated Allowance for Doubtful Accounts (Supple)	-	-	-	-	-

Fiscal Period: September	2021	2022	2023	2024	2025
Net Income	13.28B	34.76B	20.64B	27.5B	31.91B
Depreciation & Amortization - CF	1.9B	2.15B	2.41B	3.35B	3.92B
Amortization of Goodwill and Intangible Assets - (CF)	-	-	-	-	-
Depreciation & Amortization, Total	1.9B	2.15B	2.41B	3.35B	3.92B
(Gain) Loss From Sale Of Asset	187M	-	-	-	-
(Gain) Loss on Sale of Investments - (CF)	-	-16.93B	-	-1.63B	-
(Income) Loss On Equity Investments - (CF)	-17M	-184M	-107M	-181M	-399M
Net Cash From Discontinued Operations	-	-	-	-	-
Other Operating Activities, Total	-5.03B	-6.6B	-8.33B	-13.41B	-6.42B
Change In Accounts Receivable	-1.5B	-1.62B	-4.62B	-5.81B	-9.42B
Change In Inventories	-223M	132M	-872M	-776M	-28M
Change In Accounts Payable	1.76B	2.76B	3.26B	3.41B	2.34B
Change in Other Net Operating Assets	-16.71B	-6.81B	-6.25B	37.01B	31.85B
Cash from Operations	-6.34B	7.66B	6.13B	49.47B	53.76B
Capital Expenditure	-245M	-321M	-529M	-495M	-279M
Cash Acquisitions	-108M	-500M	-	-400M	-2.22B
Divestitures	-	-	-	-	-
Sale (Purchase) of Intangible assets	-1.68B	-2.65B	-4.1B	-3.95B	-3.37B
Investment in Marketable and Equity Securities, Total	395M	12.52B	10.98B	-5.79B	-2.06B
Net (Increase) Decrease in Loans Originated / Sold - Investing	-	-	-	-	-
Other Investing Activities, Total	3.86B	-11.5B	11.41B	5.41B	596M
Cash from Investing	2.23B	-2.44B	17.76B	-5.23B	-7.33B
Short Term Debt Issued, Total	-	2B	2.9B	3.9B	-
Long-Term Debt Issued, Total	21.06B	6B	3.45B	500M	22.26B
Total Debt Issued	21.06B	8B	6.35B	4.4B	22.26B
Short Term Debt Repaid, Total	-3.02B	-	-	-	-11.4B
Long-Term Debt Repaid, Total	-803M	-159M	-	-495M	-1.2B
Total Debt Repaid	-3.82B	-159M	-	-495M	-12.6B
Issuance of Common Stock	-	-	-	-	-
Repurchase of Common Stock	-	-	-	-	-
Common Dividends Paid	-3.83B	-4.47B	-12.13B	-6.75B	-9.4B
Common & Preferred Stock Dividends Paid	-3.83B	-4.47B	-12.13B	-6.75B	-9.4B
Other Financing Activities, Total	-627M	-735M	-641M	-887M	-1.5B
Cash from Financing	12.78B	2.64B	-6.42B	-3.73B	-1.24B
Foreign Exchange Rate Adjustments	23M	1.6B	2.22B	-116M	798M
Miscellaneous Cash Flow Adjustments	2M	-1M	1M	-2M	-1M
Net Change in Cash	8.69B	9.44B	19.69B	40.4B	45.99B
Supplemental Items
Cash Interest Paid	138M	98M	149M	207M	339M
Cash Income Tax Paid (Refund)	4.65B	5.23B	9.01B	13.87B	6.86B
Levered Free Cash Flow	-6.02B	-8.31B	16.74B	47.08B	52.93B
Unlevered Free Cash Flow	-5.93B	-8.2B	16.88B	47.26B	53.24B
Change In Net Working Capital	14.22B	17.56B	-6.36B	-32.59B	-33.36B
Net Debt Issued / Repaid	17.23B	7.84B	6.35B	3.9B	9.66B

Fiscal Period: September	2021	2022	2023	2024	2025
Profitability
Return on Assets	4.08	4.17	4.5	4.95	5.22
Return on Total Capital	10.29	9.07	9.24	10.41	11.6
Return On Equity %	19.68	33.13	15.02	19.17	20.3
Return on Common Equity	20.14	33.79	15.02	19.17	20.22
Margin Analysis
Gross Profit Margin %	67.43	66.87	63.35	65.19	67.27
SG&A Margin	29.27	28.35	24.95	26.89	25.21
EBITDA Margin %	36.51	36.67	36.12	38.72	42.79
EBITA Margin %	31.96	32.4	32.29	34.18	38.03
EBIT Margin %	31.96	32.4	32.29	34.18	38.03
Income From Continuing Operations Margin %	21.56	48.43	21.9	26.07	27.32
Net Income Margin %	21.16	48.02	21.35	25.35	26.46
Net Avail. For Common Margin %	21.16	48.02	21.35	25.35	26.46
Normalized Net Income Margin	19.37	21.27	19.93	21.38	23.37
Levered Free Cash Flow Margin	-14.45	-16.53	26.51	63.8	64.15
Unlevered Free Cash Flow Margin	-14.23	-16.31	26.74	64.04	64.54
Asset Turnover
Asset Turnover	0.2	0.21	0.22	0.23	0.22
Fixed Assets Turnover	10.88	13.43	18.31	20.29	22.7
Receivables Turnover (Average Receivables)	3.95	4.14	3.84	3.68	3.65
Inventory Turnover (Average Inventory)	8.74	10.43	11.75	9.19	8.45
Short Term Liquidity
Current Ratio	1.43	1.65	1.58	1.46	1.38
Quick Ratio	1.07	1.18	1.17	1.14	1.1
Operating Cash Flow to Current Liabilities	-0.05	0.05	0.04	0.24	0.21
Days Sales Outstanding (Average Receivables)	92.37	88.07	95.17	99.36	100.09
Days Outstanding Inventory (Average Inventory)	41.75	35	31.06	39.81	43.2
Average Days Payable Outstanding	126.04	119.51	92.36	100.8	115.05
Cash Conversion Cycle (Average Days)	8.08	3.56	33.87	38.37	28.24
Long Term Solvency
Total Debt/Equity	60.1	47.81	51.8	50.18	54.37
Total Debt / Total Capital	37.54	32.35	34.13	33.42	35.22
LT Debt/Equity	33.92	28.77	30.29	27.18	25.67
Long-Term Debt / Total Capital	21.19	19.46	19.95	18.1	16.63
Total Liabilities / Total Assets	73.16	67.35	67.57	69.3	71.44
EBIT / Interest Expense	88.18	90.53	87.48	87.57	61.65
EBITDA / Interest Expense	100.74	102.47	97.84	99.19	69.35
(EBITDA - Capex) / Interest Expense	99.11	100.68	95.57	97.47	68.8
Total Debt / EBITDA	2.28	2.31	2.15	1.86	1.79
Net Debt / EBITDA	-4.72	-4.76	-3.94	-4.23	-4.44
Total Debt / (EBITDA - Capex)	2.32	2.35	2.21	1.89	1.8
Net Debt / (EBITDA - Capex)	-4.8	-4.84	-4.03	-4.31	-4.48
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	26.09	20.71	25.49	16.9	11.81
Gross Profit, 1 Yr. Growth %	17.83	19.71	18.88	20.3	15.36
EBITDA, 1 Yr. Growth %	26.24	21.25	23.6	25.31	23.56
EBITA, 1 Yr. Growth %	26.46	22.39	25.09	23.72	24.42
EBIT, 1 Yr. Growth %	26.46	22.39	25.09	23.72	24.42
Earnings From Cont. Operations, 1 Yr. Growth %	14.1	171.21	-43.26	39.15	17.18
Net Income, 1 Yr. Growth %	15.66	173.89	-44.21	38.81	16.7
Normalized Net Income, 1 Yr. Growth %	20.46	32.59	17.59	25.4	22.21
Diluted EPS Before Extra, 1 Yr. Growth %	12.46	170.87	-44.11	38.66	16.64
Accounts Receivable, 1 Yr. Growth %	-4.4	35.47	35.73	11.38	14.34
Inventory, 1 Yr. Growth %	15.56	-7.93	56.98	32.31	0.88
Net Property, Plant and Equip., 1 Yr. Growth %	6.3	-10.28	-5.34	16.91	-14.59
Total Assets, 1 Yr. Growth %	12.2	26.9	6.93	17.91	18.01
Tangible Book Value, 1 Yr. Growth %	87.22	59.33	3.47	10.73	8.03
Common Equity, 1 Yr. Growth %	75.98	56.01	5.91	11.51	9.83
Cash From Operations, 1 Yr. Growth %	-112.9	-220.7	-19.96	707.31	8.67
Capital Expenditures, 1 Yr. Growth %	-42.76	31.02	64.8	-6.43	-43.64
Levered Free Cash Flow, 1 Yr. Growth %	-112.52	38.06	-301.28	181.29	12.43
Unlevered Free Cash Flow, 1 Yr. Growth %	-112.3	38.36	-305.82	179.93	12.67
Dividend Per Share, 1 Yr. Growth %	13.46	33.9	12.66	30.34	24.14
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	13.89	23.37	23.08	21.12	14.33
Gross Profit, 2 Yr. CAGR %	17.06	18.76	19.29	19.59	17.81
EBITDA, 2 Yr. CAGR %	20.02	23.72	22.42	24.45	24.43
EBITA, 2 Yr. CAGR %	18.73	24.41	23.73	24.4	24.07
EBIT, 2 Yr. CAGR %	18.73	24.41	23.73	24.4	24.07
Earnings From Cont. Operations, 2 Yr. CAGR %	33.34	75.91	24.05	-11.14	27.69
Net Income, 2 Yr. CAGR %	29.39	77.99	23.62	-12	27.28
Normalized Net Income, 2 Yr. CAGR %	17.27	26.38	24.86	21.43	23.8
Diluted EPS Before Extra, 2 Yr. CAGR %	28.74	74.54	23.04	-11.97	27.18
Accounts Receivable, 2 Yr. CAGR %	-13.14	13.8	35.6	22.95	12.85
Inventory, 2 Yr. CAGR %	183.53	3.14	20.22	44.12	15.53
Net Property, Plant and Equip., 2 Yr. CAGR %	176.34	-2.34	-7.84	5.2	-0.07
Total Assets, 2 Yr. CAGR %	24.06	19.32	16.49	12.28	17.96
Tangible Book Value, 2 Yr. CAGR %	50.78	72.71	28.4	7.04	9.37
Common Equity, 2 Yr. CAGR %	45.19	65.69	28.54	8.68	10.67
Cash From Operations, 2 Yr. CAGR %	119.96	-60.55	-1.71	154.2	196.19
Capital Expenditures, 2 Yr. CAGR %	25.32	-13.4	46.94	24.18	-27.38
Levered Free Cash Flow, 2 Yr. CAGR %	459.15	-58.42	66.7	137.95	77.84
Unlevered Free Cash Flow, 2 Yr. CAGR %	372.3	-58.75	68.75	140.03	77.6
Dividend Per Share, 2 Yr. CAGR %	28.02	23.26	22.82	21.18	27.2
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	16.4	16.12	24.07	20.98	17.93
Gross Profit, 3 Yr. CAGR %	17.46	17.94	18.8	19.63	18.16
EBITDA, 3 Yr. CAGR %	24.16	20.43	23.68	23.38	24.16
EBITA, 3 Yr. CAGR %	24	19.93	24.63	23.73	24.41
EBIT, 3 Yr. CAGR %	24	19.93	24.63	23.73	24.41
Earnings From Cont. Operations, 3 Yr. CAGR %	28.36	68.94	20.64	28.89	-2.56
Net Income, 3 Yr. CAGR %	27.49	66.14	20.91	28.49	-3.31
Normalized Net Income, 3 Yr. CAGR %	24.23	22.17	23.38	25.04	21.69
Diluted EPS Before Extra, 3 Yr. CAGR %	26.45	64.96	19.41	28.04	-3.31
Accounts Receivable, 3 Yr. CAGR %	-8	0.73	20.69	26.99	20.01
Inventory, 3 Yr. CAGR %	196.25	94.88	18.65	24.12	27.96
Net Property, Plant and Equip., 3 Yr. CAGR %	106.25	89.93	-3.35	-0.24	-1.86
Total Assets, 3 Yr. CAGR %	22.62	25	15.04	16.96	14.16
Tangible Book Value, 3 Yr. CAGR %	36.33	53.58	45.6	22.21	7.37
Common Equity, 3 Yr. CAGR %	31.08	48.71	42.73	22.59	9.06
Cash From Operations, 3 Yr. CAGR %	10.5	80.08	-50.06	98.31	91.49
Capital Expenditures, 3 Yr. CAGR %	47.08	27.19	7.32	26.42	-4.57
Levered Free Cash Flow, 3 Yr. CAGR %	24.21	250.79	-29.66	98.46	85.33
Unlevered Free Cash Flow, 3 Yr. CAGR %	23.09	213.68	-29.51	99.76	86.55
Dividend Per Share, 3 Yr. CAGR %	26.71	29.95	19.62	25.28	22.16
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	28.03	18.21	19.03	18.1	20.08
Gross Profit, 5 Yr. CAGR %	24.63	17.36	18.19	18.6	18.4
EBITDA, 5 Yr. CAGR %	29.42	25.53	23.46	22.02	23.98
EBITA, 5 Yr. CAGR %	28.36	25.8	23.89	21.7	24.41
EBIT, 5 Yr. CAGR %	28.37	26.58	23.89	21.7	24.41
Earnings From Cont. Operations, 5 Yr. CAGR %	25.28	52.21	26.62	30.65	23.41
Net Income, 5 Yr. CAGR %	24.82	52.29	25.93	28.85	23.42
Normalized Net Income, 5 Yr. CAGR %	27.85	29.59	24.48	21.87	23.54
Diluted EPS Before Extra, 5 Yr. CAGR %	24.29	51.31	25.07	28.32	22.46
Accounts Receivable, 5 Yr. CAGR %	-1.09	6.3	7.44	9.09	17.49
Inventory, 5 Yr. CAGR %	111.84	74.75	106.53	72.72	17.39
Net Property, Plant and Equip., 5 Yr. CAGR %	62.17	54.76	49.43	49.95	-2.05
Total Assets, 5 Yr. CAGR %	31.51	26.89	20.13	19.75	16.2
Tangible Book Value, 5 Yr. CAGR %	28.32	37.89	33.1	32.93	29.85
Common Equity, 5 Yr. CAGR %	25.19	33.44	30.06	31.18	28.92
Cash From Operations, 5 Yr. CAGR %	53.35	34.35	5.44	106.71	1.79
Capital Expenditures, 5 Yr. CAGR %	53.23	26.52	47.03	25.98	-8.2
Levered Free Cash Flow, 5 Yr. CAGR %	189.97	55	39.72	200.34	1.93
Unlevered Free Cash Flow, 5 Yr. CAGR %	184.38	53.99	39.65	181.84	2.01
Dividend Per Share, 5 Yr. CAGR %	34.31	31.62	25.14	26.37	22.59