88(Thailand) PCL Income Statement

Financials in millions THB. Fiscal year is January - December.

Millions THB. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	653.22	657.6	477.82	364.05	268.77	243
Other Revenue	0.99	1.18	1.26	1.03	2.8	52.2
Revenue	654.21	658.78	479.08	365.08	271.57	295.2
Revenue Growth (YoY)	24.12%	37.51%	31.23%	34.43%	-8.00%	107.22%
Cost of Revenue	201.26	205.18	155.24	119.05	76.16	69.82
Gross Profit	452.95	453.59	323.84	246.03	195.41	225.37
Selling, General & Admin	337.96	326.24	254.95	210.59	176.73	160.54
Operating Expenses	337.96	326.24	252.06	210.59	176.73	160.54
Operating Income	114.99	127.35	71.78	35.44	18.67	64.83
Interest Expense	-0.48	-0.46	-0.55	-0.29	-0.35	-
Pretax Income	114.51	126.89	71.24	35.15	18.32	64.83
Income Tax Expense	23.44	25.89	15.46	9.24	5.12	13.7
Net Income	91.06	101	55.77	25.91	13.2	51.13
Net Income to Common	91.06	101	55.77	25.91	13.2	51.13
Net Income Growth	25.18%	81.10%	115.22%	96.32%	-74.18%	352.86%
Shares Outstanding (Basic)	194	181	166	150	1	0
Shares Outstanding (Diluted)	194	181	166	150	1	0
Shares Change (YoY)	16.52%	8.78%	10.82%	18717.34%	564.28%	-
EPS (Basic)	0.47	0.56	0.34	0.17	16.56	426.07
EPS (Diluted)	0.47	0.56	0.34	0.17	16.56	426.07
EPS Growth	7.44%	66.48%	94.21%	-98.96%	-96.11%	-
Free Cash Flow	113.92	115.78	31.58	57.04	-49.34	-
Free Cash Flow Per Share	0.59	0.64	0.19	0.38	-61.90	-
Dividend Per Share	0.185	0.185	-	22.400	104.080	-
Dividend Growth	-	-	-	-78.48%	-	-
Gross Margin	69.24%	68.85%	67.60%	67.39%	71.95%	76.35%
Operating Margin	17.58%	19.33%	14.98%	9.71%	6.88%	21.96%
Profit Margin	13.92%	15.33%	11.64%	7.10%	4.86%	17.32%
Free Cash Flow Margin	17.41%	17.57%	6.59%	15.62%	-18.17%	-
EBITDA	119.43	131.33	75.7	39.67	22.2	-
EBITDA Margin	18.26%	19.93%	15.80%	10.87%	8.18%	-
D&A For EBITDA	4.44	3.98	3.91	4.23	3.53	-
EBIT	114.99	127.35	71.78	35.44	18.67	64.83
EBIT Margin	17.58%	19.33%	14.98%	9.71%	6.88%	21.96%
Effective Tax Rate	20.47%	20.40%	21.71%	26.28%	27.96%	21.13%
Revenue as Reported	654.21	658.78	479.08	365.08	271.57	295.2
Advertising Expenses	-	237.76	155.79	132.39	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.