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 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	5,955	6,166	6,502	5,316	5,457	4,645
Other Revenue	418.65	416.73	414.94	411.04	401.23	410.38
Revenue	6,374	6,583	6,917	5,727	5,858	5,055
Revenue Growth (YoY)	-6.61%	-4.83%	20.78%	-2.24%	15.88%	4.59%
Selling, General & Admin	400.77	428.16	438.16	350.35	322.25	330.36
Depreciation & Amortization	16.63	16.63	-	-	-	-
Other Operating Expenses	4,728	4,800	5,044	3,808	4,067	3,429
Total Operating Expenses	5,145	5,245	5,482	4,158	4,389	3,760
Operating Income	1,229	1,338	1,435	1,569	1,469	1,296
Interest Expense	-264.2	-193.78	-130.62	-141.37	-102.13	-412.57
Interest Income	4.3	4.3	2.11	1.66	1.53	6.35
Net Interest Expense	-259.9	-189.48	-128.51	-139.71	-100.6	-406.22
Currency Exchange Gain (Loss)	-190.08	-24.35	53.47	155.76	18.77	-103.51
Other Non-Operating Income (Expenses)	10.27	7.56	14.18	23.19	-11.51	1.47
EBT Excluding Unusual Items	788.95	1,131	1,374	1,608	1,376	787.31
Gain (Loss) on Sale of Investments	1.78	1.78	0.4	0.1	0.3	1.13
Gain (Loss) on Sale of Assets	-	-	0.13	-	0.08	-
Insurance Settlements	-	-	-	-	171.95	23.95
Other Unusual Items	-	-	-	-	2.18	-
Pretax Income	790.73	1,133	1,374	1,608	1,550	812.39
Income Tax Expense	40.97	60.8	92.76	102.52	42.61	-2.91
Earnings From Continuing Ops.	749.76	1,072	1,281	1,505	1,508	815.31
Minority Interest in Earnings	0.45	0.3	0.55	0.26	-	-
Net Income	750.21	1,073	1,282	1,506	1,508	815.31
Net Income to Common	750.21	1,073	1,282	1,506	1,508	815.31
Net Income Growth	-31.90%	-16.34%	-14.86%	-0.13%	84.92%	49.17%
Shares Outstanding (Basic)	10,076	10,076	10,169	10,038	10,176	9,309
Shares Outstanding (Diluted)	10,076	10,076	10,169	10,038	10,176	9,309
Shares Change (YoY)	-0.19%	-0.91%	1.30%	-1.36%	9.32%	1.64%
EPS (Basic)	0.07	0.11	0.13	0.15	0.15	0.09
EPS (Diluted)	0.07	0.11	0.13	0.15	0.15	0.09
EPS Growth	-31.78%	-15.57%	-15.95%	1.24%	69.15%	46.76%
Free Cash Flow	-2,583	419.87	-247.17	92.53	1,239	1,087
Free Cash Flow Per Share	-0.26	0.04	-0.02	0.01	0.12	0.12
Dividend Per Share	-	-	-	0.020	0.048	-
Dividend Growth	-	-	-	-58.33%	-	-
Profit Margin	11.77%	16.29%	18.53%	26.29%	25.74%	16.13%
Free Cash Flow Margin	-40.52%	6.38%	-3.57%	1.62%	21.15%	21.50%
EBITDA	2,024	2,079	2,148	2,236	2,008	1,823
EBITDA Margin	31.75%	31.58%	31.06%	39.04%	34.28%	36.05%
D&A For EBITDA	794.9	741	713.71	667.2	539.17	527
EBIT	1,229	1,338	1,435	1,569	1,469	1,296
EBIT Margin	19.28%	20.32%	20.74%	27.39%	25.08%	25.63%
Effective Tax Rate	5.18%	5.37%	6.75%	6.38%	2.75%	-

Source: S&P Capital IQ. Utility template. Financial Sources.