ELWS Chart
About

Earlyworks Co., Ltd operates as a blockchain-based technology company in Japan. The company builds products; delivers services; and develops solutions based on grid ledger system for blockchain technology in various business settings, including advertisement tracking, online visitor management, and sales of non-fungible tokens. It also provides software and system development; and consulting and solution services. The company serves the information technology, metaverse, advertisement, real estate, telecommunication, and entertainment industries. Earlyworks Co., Ltd was incorporated in 2018 and is headquartered in Tokyo, Japan.

Fundamentals
Scroll to Statements
Sector Technology Industry Software - Application Market Cap 21.54M
Enterprise Value 37.99M Income -256.70M Sales 440.36M
Book/sh 0.16 Cash/sh 7.13 Dividend Yield
Payout 0.00% Employees 19 IPO Jul 25, 2023
P/E Forward P/E PEG
P/S 0.05 P/B 45.50 P/C
EV/EBITDA -0.15 EV/Sales 0.09 Quick Ratio 1.62
Current Ratio 1.74 Debt/Eq 70.03 LT Debt/Eq
EPS (ttm) -0.54 EPS next Y EPS Growth
Revenue Growth 73.10% Earnings ROA -40.12%
ROE -126.84% ROIC Gross Margin 51.57%
Oper. Margin -66.07% Profit Margin -58.29% Shs Outstand 3.05M
Shs Float 5.47M Short Float 1.74% Short Ratio 0.42
Short Interest 52W High 10.50 52W Low 1.64
Beta 1.79 Avg Volume 86.82K Volume 74.43K
Target Price Recom None Prev Close $6.49
Price $7.06 Change 8.87%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
Mean price target
2. Current target
$7.06
Latest analyst target
3. DCF / Fair value
$-780.41
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$7.06
Low
High
Mean
Insider Transactions

No recent insider transactions.

Financials
Line Item2025-04-302024-04-302023-04-302022-04-30
TaxEffectOfUnusualItems0.0046.60K-9.77K0.00
TaxRateForCalcs0.000.000.020.23
NormalizedEBITDA-242.59M-380.27M-387.64M-571.96M
TotalUnusualItems-10.38M46.60M-407.12K0.00
TotalUnusualItemsExcludingGoodwill-10.38M46.60M-407.12K0.00
NetIncomeFromContinuingOperationNetMinorityInterest-256.70M-336.15M-382.31M-602.47M
ReconciledDepreciation2.01M1.08M778.61K309.51K
ReconciledCostOfRevenue213.26M37.58M30.50M108.38M
EBITDA-252.97M-333.67M-388.05M-571.96M
EBIT-254.98M-334.75M-388.83M-572.27M
NetInterestIncome-1.72M-1.59M-2.70M-1.26M
InterestExpense1.72M1.59M2.70M1.26M
NormalizedIncome-246.31M-382.71M-381.91M-602.47M
NetIncomeFromContinuingAndDiscontinuedOperation-256.70M-336.15M-382.31M-602.47M
TotalExpenses684.96M560.84M435.00M1.04B
RentExpenseSupplemental9.54M6.35M6.41M8.69M
TotalOperatingIncomeAsReported-245.85M-381.49M-388.43M-572.12M
DilutedAverageShares2.89M3.04M3.04M3.04M
BasicAverageShares2.89M2.77M2.77M3.04M
DilutedEPS-157.70-138.10-217.67-23.17
BasicEPS-157.70-138.10-217.67-23.17
DilutedNIAvailtoComStockholders-256.70M-336.15M-382.31M-602.47M
NetIncomeCommonStockholders-256.70M-336.15M-382.31M-602.47M
NetIncome-256.70M-336.15M-382.31M-602.47M
NetIncomeIncludingNoncontrollingInterests-256.70M-336.15M-382.31M-602.47M
NetIncomeContinuousOperations-256.70M-336.15M-382.31M-602.47M
TaxProvision0.00-188.50K-9.22M28.94M
PretaxIncome-256.70M-336.34M-391.53M-573.53M
OtherIncomeExpense-10.38M46.74M-400.25K-155.43K
OtherNonOperatingIncomeExpenses1.16K132.32K6.86K-155.43K
SpecialIncomeCharges-156.21K-61.86K-629.20K0.00
GainOnSaleOfPPE-156.21K-61.86K-629.20K0.00
EarningsFromEquityInterest0.000.00-440.27K
GainOnSaleOfSecurity-10.23M46.67M222.08K
NetNonOperatingInterestIncomeExpense-1.72M-1.59M-2.70M-1.26M
InterestExpenseNonOperating1.72M1.59M2.70M1.26M
OperatingIncome-244.60M-381.49M-388.43M-572.12M
OperatingExpense471.70M523.26M404.49M927.46M
OtherOperatingExpenses-1.25M-4.78M
OtherTaxes1.49M7.08M431.92K7.56M
ResearchAndDevelopment43.25M76.08M108.82M25.75M
SellingGeneralAndAdministration428.21M440.09M295.24M894.15M
SellingAndMarketingExpense45.74M34.36M29.86M0.00
GeneralAndAdministrativeExpense382.47M405.74M265.38M894.15M
OtherGandA209.73M237.30M90.09M82.88M
InsuranceAndClaims28.10M26.89M16.90K0.00
RentAndLandingFees8.53M5.53M5.07M7.10M
SalariesAndWages136.11M136.01M170.21M804.17M
GrossProfit227.10M141.77M16.07M355.34M
CostOfRevenue213.26M37.58M30.50M108.38M
TotalRevenue440.36M179.36M46.57M463.72M
OperatingRevenue440.36M179.36M46.57M463.72M
Line Item2025-04-302024-04-302023-04-302022-04-30
OrdinarySharesNumber15.08M15.08M15.04M15.04M
ShareIssued15.08M15.08M15.04M15.04M
NetDebt14.19M
TotalDebt51.84M179.27M195.54M69.79M
TangibleBookValue63.41M330.72M208.51M590.82M
InvestedCapital123.09M498.98M400.59M648.91M
WorkingCapital60.72M337.39M58.60M627.17M
NetTangibleAssets63.41M330.72M208.51M590.82M
CapitalLeaseObligations2.78M11.01M3.47M11.70M
CommonStockEquity74.03M330.72M208.51M590.82M
TotalCapitalization107.89M379.79M276.77M637.14M
TotalEquityGrossMinorityInterest74.03M330.72M208.51M590.82M
StockholdersEquity74.03M330.72M208.51M590.82M
RetainedEarnings-2.19B-1.93B-1.59B-1.27B
AdditionalPaidInCapital2.21B2.21B1.70B1.52B
CapitalStock50.00M50.00M100.00M334.58M
CommonStock50.00M50.00M100.00M334.58M
TotalLiabilitiesNetMinorityInterest116.47M244.84M244.52M161.23M
TotalNonCurrentLiabilitiesNetMinorityInterest33.86M51.84M68.44M49.86M
NonCurrentDeferredLiabilities0.00188.50K66.23K0.00
NonCurrentDeferredTaxesLiabilities0.00188.50K66.23K0.00
LongTermDebtAndCapitalLeaseObligation33.86M51.84M68.25M49.79M
LongTermCapitalLeaseObligation0.002.78M0.003.47M
LongTermDebt33.86M49.06M68.25M46.32M
CurrentLiabilities82.61M193.00M176.08M111.38M
CurrentDeferredLiabilities0.001.40M0.00108.54K
CurrentDeferredRevenue0.001.40M0.00108.54K
CurrentDebtAndCapitalLeaseObligation17.98M127.43M127.29M20.00M
CurrentCapitalLeaseObligation2.78M8.24M3.47M8.23M
CurrentDebt15.20M119.19M123.82M11.77M
OtherCurrentBorrowings15.20M119.19M123.82M11.77M
PayablesAndAccruedExpenses64.63M65.57M47.40M91.38M
CurrentAccruedExpenses16.81M19.80M19.09M23.58M
Payables47.82M45.78M28.30M91.38M
OtherPayable20.20M24.98M25.81M52.83M
TotalTaxPayable15.45M2.37M2.49M38.55M
IncomeTaxPayable950.00K950.00K145.00K38.55M
AccountsPayable12.17M18.42M
TotalAssets190.50M575.57M453.04M752.05M
TotalNonCurrentAssets47.16M45.17M218.35M13.51M
OtherNonCurrentAssets31.49M31.49M
NonCurrentPrepaidAssets657.74K657.74K657.74K647.74K
NonCurrentDeferredAssets0.00212.16M0.0015.91M
NonCurrentDeferredTaxesAssets0.0015.91M
InvestmentsAndAdvances0.004.56M
LongTermEquityInvestment0.004.56M
InvestmentsinJointVenturesatCost0.004.56M
GoodwillAndOtherIntangibleAssets10.62M0.00
OtherIntangibleAssets10.62M
NetPPE4.40M13.03M5.53M12.86M
AccumulatedDepreciation-3.07M-2.24M-1.16M-377.44K
GrossPPE7.47M15.27M6.69M13.24M
OtherProperties3.47M11.71M3.47M11.64M
MachineryFurnitureEquipment3.99M3.56M3.22M1.60M
CurrentAssets143.34M530.39M234.68M738.54M
OtherCurrentAssets153.76K84.26K1.03M329.95K
PrepaidAssets12.45M11.32M5.69M8.54M
Receivables26.36M81.07M50.08M72.26M
OtherReceivables17.21M40.36M
TaxesReceivable8.28K1.73M43.73M0.00
AccountsReceivable9.14M38.98M6.35M72.26M
AllowanceForDoubtfulAccountsReceivable0.000.000.000.00
GrossAccountsReceivable9.14M38.98M6.35M72.26M
CashCashEquivalentsAndShortTermInvestments104.38M437.91M177.89M657.42M
OtherShortTermInvestments0.00100.00M0.00
CashAndCashEquivalents104.38M337.91M177.89M657.42M
CashFinancial104.38M337.91M177.89M657.42M
Line Item2025-04-302024-04-302023-04-302022-04-30
FreeCashFlow-223.97M-394.20M-401.36M99.28M
RepaymentOfDebt-119.31M-24.05M-16.25M-11.00M
IssuanceOfDebt0.000.00150.00M0.00
IssuanceOfCapitalStock0.00781.20M0.00200.13M
CapitalExpenditure-32.24M-336.19K-1.63M-984.37K
InterestPaidSupplementalData1.48M3.33M2.48M1.03M
IncomeTaxPaidSupplementalData7.95K22.62M290.00K173.90K
EndCashPosition135.87M369.40M177.89M657.42M
BeginningCashPosition369.40M177.89M657.42M364.26M
EffectOfExchangeRateChanges-10.26M40.86M243.16K0.00
ChangesInCash-223.27M150.65M-479.77M293.16M
FinancingCashFlow-119.31M644.85M-78.41M189.13M
CashFlowFromContinuingFinancingActivities-119.31M644.85M-78.41M189.13M
NetOtherFinancingCharges-114.17M-212.16M
ProceedsFromStockOptionExercised0.001.88M0.000.00
NetCommonStockIssuance0.00781.20M0.00200.13M
CommonStockIssuance0.00781.20M0.00200.13M
NetIssuancePaymentsOfDebt-119.31M-24.05M133.75M-11.00M
NetLongTermDebtIssuance-119.31M-24.05M133.75M-11.00M
LongTermDebtPayments-119.31M-24.05M-16.25M-11.00M
LongTermDebtIssuance0.000.00150.00M0.00
InvestingCashFlow87.76M-100.34M-1.63M3.76M
CashFlowFromContinuingInvestingActivities87.76M-100.34M-1.63M3.76M
NetOtherInvestingChanges20.00M187.00K
NetInvestmentPurchaseAndSale100.00M-100.00M0.000.00
SaleOfInvestment100.00M0.000.00
PurchaseOfInvestment0.00-100.00M0.000.00
NetBusinessPurchaseAndSale0.000.004.56M0.00
SaleOfBusiness0.000.004.56M0.00
NetIntangiblesPurchaseAndSale-31.80M0.000.00
PurchaseOfIntangibles-31.80M0.000.00
NetPPEPurchaseAndSale-435.09K-336.19K-1.63M-984.37K
PurchaseOfPPE-435.09K-336.19K-1.63M-984.37K
OperatingCashFlow-191.73M-393.86M-399.74M100.27M
CashFlowFromContinuingOperatingActivities-191.73M-393.86M-399.74M100.27M
ChangeInWorkingCapital52.42M-19.74M-18.95M16.21M
ChangeInOtherWorkingCapital-7.95K17.61M-56.16M28.04M
ChangeInOtherCurrentLiabilities0.00-696.25K-54.17K8.37K
ChangeInOtherCurrentAssets-230.96K935.39K-1.33M-87.30K
ChangeInPayablesAndAccruedExpense-939.80K18.19M-5.57M24.00M
ChangeInPayable-939.80K18.19M-5.57M24.00M
ChangeInAccountPayable-6.26M12.87M-4.91M
ChangeInTaxPayable-57.56M28.15M664.20K
ChangeInIncomeTaxPayable-57.56M28.15M664.20K
ChangeInPrepaidAssets-1.12M-5.64M2.84M-4.18M
ChangeInReceivables54.72M-50.14M41.32M-31.57M
ChangesInAccountReceivables31.57M-9.78M41.32M-31.57M
OtherNonCashItems115.50K231.00K231.00K244.23K
StockBasedCompensation0.001.62M0.00670.00M
DeferredTax0.00-188.50K122.26K15.98M
DeferredIncomeTax0.00-188.50K122.26K15.98M
DepreciationAmortizationDepletion2.01M1.08M778.61K309.51K
DepreciationAndAmortization2.01M1.08M778.61K309.51K
Depreciation2.01M1.08M778.61K309.51K
OperatingGainsLosses10.42M-40.71M386.04K440.27K
EarningsLossesFromEquityInvestments0.000.00440.27K
GainLossOnInvestmentSecurities161.46K6.24K629.20K
NetForeignCurrencyExchangeGainLoss10.26M-40.72M-243.16K0.00
NetIncomeFromContinuingOperations-256.70M-336.15M-382.31M-602.47M
SEC Filings

No SEC filings found for this symbol (may be non-US or ticker not in SEC index).

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