Asia Biomass PCL Income Statement

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

Millions THB. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	2,028	2,591	2,391	2,704	1,908
Other Revenue	10.94	17.34	5.43	11.39	20.28
Revenue	2,039	2,609	2,397	2,716	1,928
Revenue Growth (YoY)	-21.86%	8.84%	-11.74%	40.85%	24.29%
Cost of Revenue	1,791	2,222	2,097	2,329	1,596
Gross Profit	247.91	387.17	300.14	386.62	331.98
Selling, General & Admin	343.09	414.14	362.67	319.74	287.58
Operating Expenses	343.09	414.14	362.67	319.74	287.58
Operating Income	-95.18	-26.96	-62.53	66.87	44.4
Interest Expense	-28.37	-39.4	-27.25	-19.96	-13.29
Interest & Investment Income	0.8	2.05	0.68	-	-
Earnings From Equity Investments	6.93	27.19	21.44	-0.03	-
EBT Excluding Unusual Items	-115.82	-37.12	-67.65	46.89	31.11
Other Unusual Items	-	-	-	-	-0.34
Pretax Income	-115.82	-37.12	-67.65	46.89	30.78
Income Tax Expense	-11.51	3.96	-7.91	11.94	8.59
Earnings From Continuing Operations	-104.31	-41.08	-59.74	34.95	22.19
Minority Interest in Earnings	-0.02	0.15	-0	0.94	4.61
Net Income	-104.33	-40.93	-59.74	35.89	26.8
Net Income to Common	-104.33	-40.93	-59.74	35.89	26.8
Net Income Growth	-	-	-	33.92%	43.94%
Shares Outstanding (Basic)	692	450	400	307	300
Shares Outstanding (Diluted)	692	450	400	319	300
Shares Change (YoY)	53.66%	12.61%	25.28%	6.43%	-
EPS (Basic)	-0.15	-0.09	-0.15	0.12	0.09
EPS (Diluted)	-0.15	-0.09	-0.15	0.11	0.09
EPS Growth	-	-	-	23.15%	43.94%
Free Cash Flow	-26.71	158.61	-146.14	-142.33	-57.32
Free Cash Flow Per Share	-0.04	0.35	-0.36	-0.45	-0.19
Gross Margin	12.16%	14.84%	12.52%	14.24%	17.22%
Operating Margin	-4.67%	-1.03%	-2.61%	2.46%	2.30%
Profit Margin	-5.12%	-1.57%	-2.49%	1.32%	1.39%
Free Cash Flow Margin	-1.31%	6.08%	-6.10%	-5.24%	-2.97%
EBITDA	-62.08	7.46	-37.53	85.01	61.46
EBITDA Margin	-3.04%	0.29%	-1.57%	3.13%	3.19%
D&A For EBITDA	33.1	34.42	25	18.14	17.06
EBIT	-95.18	-26.96	-62.53	66.87	44.4
EBIT Margin	-4.67%	-1.03%	-2.61%	2.46%	2.30%
Effective Tax Rate	-	-	-	25.46%	27.91%
Revenue as Reported	2,039	2,609	2,397	2,716	1,928

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