Earlyworks Co., Ltd. - Understand $elws stock

$ELWS Market Cap: $8.443 Million

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Financial Snapshot

Revenue

$313.1M

TTM

Gross Margin

59.57%

TTM

Net Earnings

-$1.237B

TTM

Current Assets

$528.0M

Q2 2024

Current Liabilities

$181.9M

Q2 2024

Current Ratio

290.36%

Q2 2024

Total Assets

$564.1M

Q2 2024

Total Liabilities

$228.0M

Q2 2024

Book Value

$336.1M

Q2 2024

Cash

337.9M jpies

Q2 2024

P/E

-0.006827

Nov 29, 2024 EST

Free Cash Flow

-$795.6M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2024	2023	2022	2021
Revenue	$179.4M	$342.4K	$463.7M	$216.2M
YoY Change	52275.45%	-99.93%	114.47%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2024	2023	2022	2021
Revenue	$179.4M	$342.4K	$463.7M	$216.2M
Cost Of Revenue	$49.05M	$224.3K	$108.4M	$33.54M
Gross Profit	$130.3M	$118.1K	$355.3M	$182.7M
Gross Profit Margin	72.65%	34.5%	76.63%	84.49%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2024	2023	2022	2021
Selling, General & Admin	$630.2M	$2.174M	$901.7M	$248.9M
YoY Change	28884.96%	-99.76%	262.27%
% of Gross Profit	483.63%	1840.32%	253.76%	136.26%
Research & Development	$482.9K	$800.2K	$25.75M	$22.89M
YoY Change	-39.65%	-96.89%	12.5%
% of Gross Profit	0.37%	677.34%	7.25%	12.53%
Depreciation & Amortization	$6.876K	$5.725K	$309.5K	$67.93K
YoY Change	20.1%	-98.15%	355.63%
% of Gross Profit	0.01%	4.85%	0.09%	0.04%
Operating Expenses	$630.2M	$2.974M	$927.5M	$271.8M
YoY Change	21086.97%	-99.68%	241.23%
Operating Profit	-$499.9M	-$2.856M	-$572.1M	-$89.13M
YoY Change	17401.29%	-99.5%	541.91%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2024	2023	2022	2021
Interest Expense	$45.16M	$252.00	-$1.259M	-$1.888M
YoY Change	17918947.62%	-100.02%	-33.34%
% of Operating Profit
Other Income/Expense, Net	-$427.0K		-$155.4K	$99.84K
YoY Change			-255.68%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2024	2023	2022	2021
Pretax Income	-$455.2M	-$2.879M	-$573.5M	-$86.14M
YoY Change	15709.17%	-99.5%	565.82%
Income Tax	$950.0K	-$67.82K	$28.94M	-$15.62M
% Of Pretax Income
Net Earnings	-$456.1M	-$2.811M	-$602.5M	-$70.52M
YoY Change	16124.36%	-99.53%	754.36%
Net Earnings / Revenue	-254.31%	-820.95%	-129.92%	-32.62%
Basic Earnings Per Share	-$0.14	-$0.20	-$43.62	-$5.26
Diluted Earnings Per Share	-$151.30	-$0.20	-$40.06	-$4.69

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2024	2023	2022	2021
Cash & Short-Term Investments	$435.4M	$177.9M	$657.4M	$364.3M
YoY Change	144.74%	-72.94%	80.48%
Cash & Equivalents
Short-Term Investments	$100.0M
Other Short-Term Assets	$11.61M	$6.714M	$8.867M	$4.630M
YoY Change	72.86%	-24.28%	91.52%
Inventory
Prepaid Expenses
Receivables	$79.34M	$6.352M	$72.26M	$40.69M
Other Receivables	$1.732M	$43.73M	$0.00	$0.00
Total Short-Term Assets	$528.0M	$234.7M	$738.5M	$409.6M
YoY Change	125.0%	-68.22%	80.32%
Property, Plant & Equipment	$696.0K	$5.534M	$12.86M	$6.351M
YoY Change	-87.42%	-56.96%	102.47%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$10.00K		$0.00	$4.560M
YoY Change			-100.0%
Other Assets	$35.35M	$212.8M	$647.7K	$16.75M
YoY Change	-83.39%	32755.45%	-96.13%
Total Long-Term Assets	$36.05M	$218.4M	$13.51M	$27.66M
YoY Change	-83.49%	1516.58%	-51.16%
Total Assets	$564.1M	$453.0M	$752.1M	$437.2M
YoY Change
Accounts Payable	$33.86M
YoY Change
Accrued Expenses	$15.54M	$48.21M	$59.96M	$34.57M
YoY Change	-67.76%	-19.59%	73.45%
Deferred Revenue
YoY Change
Short-Term Debt	$100.0M	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$22.20M	$123.8M	$11.77M	$10.77M
YoY Change	-82.07%	952.08%	9.29%
Total Short-Term Liabilities	$181.9M	$176.1M	$111.4M	$55.98M
YoY Change	3.28%	58.09%	98.96%
Long-Term Debt	$46.17M	$68.25M	$46.32M	$58.09M
YoY Change	-32.36%	47.35%	-20.26%
Other Long-Term Liabilities	$1.000K	$0.00	$3.467M	$0.00
YoY Change		-100.0%
Total Long-Term Liabilities	$46.17M	$68.25M	$49.79M	$58.09M
YoY Change	-32.36%	37.08%	-14.29%
Total Liabilities	$228.0M	$244.5M	$161.2M	$114.1M
YoY Change	-6.74%	51.66%	41.35%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2024	2023	2022	2021
Basic Shares Outstanding	14.76M shares	13.84M shares	13.81M shares	13.41M shares
Diluted Shares Outstanding	14.76M shares	13.84M shares	13.81M shares	13.41M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $8.4431 Million

About Earlyworks Co., Ltd.

Earlyworks Co Ltd is a JP-based company operating in Professional Services industry. The company is headquartered in Taito-Ku, Tokyo-To and currently employs 15 full-time employees. The company went IPO on 2023-07-25. Earlyworks Co Ltd is a Japan-based company mainly engaged in the planning, proposal, design and development of blockchain system solution. The firm is also engaged in the planning, proposal, design and development through unit type semi-order development.

Industry: Services-Computer Programming Services Peers: PIXIE DUST TECHNOLOGIES, INC.