Absolute Clean Energy 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	6,138	6,034	6,166	6,502	5,316
Other Revenue	416.72	416.55	416.73	414.94	411.04
Revenue	6,554	6,451	6,583	6,917	5,727
Revenue Growth (YoY)	1.61%	-2.00%	-4.83%	20.78%	-2.24%
Selling, General & Admin	554.04	418.83	428.16	438.16	350.35
Depreciation & Amortization	-	16.66	16.63	-	-
Other Operating Expenses	4,647	4,826	4,800	5,044	3,808
Total Operating Expenses	5,201	5,262	5,245	5,482	4,158
Operating Income	1,353	1,189	1,338	1,435	1,569
Interest Expense	-331.24	-299.01	-193.78	-130.62	-141.37
Interest Income	-	5.09	4.3	2.11	1.66
Net Interest Expense	-331.24	-293.93	-189.48	-128.51	-139.71
Currency Exchange Gain (Loss)	-102.89	-7.98	-24.35	53.47	155.76
Other Non-Operating Income (Expenses)	0.55	6.47	7.56	14.18	23.19
EBT Excluding Unusual Items	919.39	893.49	1,131	1,374	1,608
Gain (Loss) on Sale of Investments	-	5.53	1.78	0.4	0.1
Gain (Loss) on Sale of Assets	-	0.46	-	0.13	-
Pretax Income	919.39	899.47	1,133	1,374	1,608
Income Tax Expense	123.78	61.9	60.8	92.76	102.52
Earnings From Continuing Ops.	795.61	837.58	1,072	1,281	1,505
Minority Interest in Earnings	3	1.14	0.3	0.55	0.26
Net Income	798.61	838.72	1,073	1,282	1,506
Net Income to Common	798.61	838.72	1,073	1,282	1,506
Net Income Growth	-4.78%	-21.80%	-16.34%	-14.86%	-0.13%
Shares Outstanding (Basic)	9,983	10,076	10,076	10,169	10,038
Shares Outstanding (Diluted)	9,983	10,076	10,076	10,169	10,038
Shares Change (YoY)	-0.92%	-	-0.92%	1.30%	-1.36%
EPS (Basic)	0.08	0.08	0.11	0.13	0.15
EPS (Diluted)	0.08	0.08	0.11	0.13	0.15
EPS Growth	-3.90%	-21.80%	-15.57%	-15.95%	1.24%
Free Cash Flow	1,444	-3,008	419.87	-247.17	92.53
Free Cash Flow Per Share	0.14	-0.30	0.04	-0.02	0.01
Dividend Per Share	-	-	-	-	0.020
Dividend Growth	-	-	-	-	-58.33%
Profit Margin	12.18%	13.00%	16.29%	18.53%	26.29%
Free Cash Flow Margin	22.03%	-46.62%	6.38%	-3.57%	1.62%
EBITDA	2,282	2,010	2,079	2,148	2,236
EBITDA Margin	34.82%	31.16%	31.57%	31.06%	39.04%
D&A For EBITDA	928.94	821.15	741	713.71	667.2
EBIT	1,353	1,189	1,338	1,435	1,569
EBIT Margin	20.64%	18.43%	20.32%	20.74%	27.39%
Effective Tax Rate	13.46%	6.88%	5.37%	6.75%	6.38%

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