Absolute Clean Energy PCL (BKK:ACE)

Absolute Clean Energy PCL Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	6,275	6,034	6,166	6,502	5,316	5,457
Other Revenue	409.12	416.55	416.73	414.94	411.04	401.23
Revenue	6,685	6,451	6,583	6,917	5,727	5,858
Revenue Growth (YoY)	6.67%	-2.00%	-4.83%	20.78%	-2.24%	15.88%
Selling, General & Admin	469.44	418.83	428.16	438.16	350.35	322.25
Depreciation & Amortization	16.66	16.66	16.63	-	-	-
Other Operating Expenses	4,894	4,826	4,800	5,044	3,808	4,067
Total Operating Expenses	5,380	5,262	5,245	5,482	4,158	4,389
Operating Income	1,304	1,189	1,338	1,435	1,569	1,469
Interest Expense	-333.05	-299.01	-193.78	-130.62	-141.37	-102.13
Interest Income	5.09	5.09	4.3	2.11	1.66	1.53
Net Interest Expense	-327.96	-293.93	-189.48	-128.51	-139.71	-100.6
Currency Exchange Gain (Loss)	-177.57	-7.98	-24.35	53.47	155.76	18.77
Other Non-Operating Income (Expenses)	-24.76	6.47	7.56	14.18	23.19	-11.51
EBT Excluding Unusual Items	773.99	893.49	1,131	1,374	1,608	1,376
Gain (Loss) on Sale of Investments	5.53	5.53	1.78	0.4	0.1	0.3
Gain (Loss) on Sale of Assets	0.46	0.46	-	0.13	-	0.08
Insurance Settlements	-	-	-	-	-	171.95
Other Unusual Items	-	-	-	-	-	2.18
Pretax Income	779.98	899.47	1,133	1,374	1,608	1,550
Income Tax Expense	43.67	61.9	60.8	92.76	102.52	42.61
Earnings From Continuing Ops.	736.31	837.58	1,072	1,281	1,505	1,508
Minority Interest in Earnings	2.5	1.14	0.3	0.55	0.26	-
Net Income	738.81	838.72	1,073	1,282	1,506	1,508
Net Income to Common	738.81	838.72	1,073	1,282	1,506	1,508
Net Income Growth	-22.76%	-21.80%	-16.34%	-14.86%	-0.13%	84.92%
Shares Outstanding (Basic)	10,056	10,076	10,076	10,169	10,038	10,176
Shares Outstanding (Diluted)	10,056	10,076	10,076	10,169	10,038	10,176
Shares Change (YoY)	-0.20%	-	-0.92%	1.30%	-1.36%	9.32%
EPS (Basic)	0.07	0.08	0.11	0.13	0.15	0.15
EPS (Diluted)	0.07	0.08	0.11	0.13	0.15	0.15
EPS Growth	-22.61%	-21.80%	-15.57%	-15.95%	1.24%	69.16%
Free Cash Flow	-839.55	-3,008	419.87	-247.17	92.53	1,239
Free Cash Flow Per Share	-0.08	-0.30	0.04	-0.02	0.01	0.12
Dividend Per Share	-	-	-	-	0.020	0.048
Dividend Growth	-	-	-	-	-58.33%	-
Profit Margin	11.05%	13.00%	16.29%	18.53%	26.29%	25.74%
Free Cash Flow Margin	-12.56%	-46.62%	6.38%	-3.57%	1.62%	21.15%
EBITDA	2,170	2,010	2,079	2,148	2,236	2,008
EBITDA Margin	32.46%	31.16%	31.57%	31.06%	39.04%	34.28%
D&A For EBITDA	865.59	821.15	741	713.71	667.2	539.17
EBIT	1,304	1,189	1,338	1,435	1,569	1,469
EBIT Margin	19.51%	18.43%	20.32%	20.74%	27.39%	25.08%
Effective Tax Rate	5.60%	6.88%	5.37%	6.75%	6.38%	2.75%

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