Applied DB 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	832.79	925.91	961.53	2,155	1,678
Other Revenue	11.06	12.56	6.97	11.81	11.82
Revenue	843.85	938.47	968.5	2,167	1,690
Revenue Growth (YoY)	-10.08%	-3.10%	-55.30%	28.21%	22.73%
Cost of Revenue	715.49	867.28	912.75	1,954	1,404
Gross Profit	128.36	71.2	55.75	212.45	286.31
Selling, General & Admin	113.4	138.15	127.62	201.73	193.79
Operating Expenses	113.4	138.15	127.62	201.73	193.79
Operating Income	14.97	-66.96	-71.87	10.73	92.51
Interest Expense	-7.12	-16.68	-17.27	-13.67	-7.39
Earnings From Equity Investments	21.11	1.3	-	-	-
Currency Exchange Gain (Loss)	-	-	-	-3.02	10.23
EBT Excluding Unusual Items	28.95	-82.33	-89.13	-5.96	95.35
Gain (Loss) on Sale of Assets	0.58	65.1	1.37	-	-
Pretax Income	29.53	-17.23	-87.76	-5.96	95.35
Income Tax Expense	1.79	7.01	6.47	0.97	19.67
Earnings From Continuing Operations	27.74	-24.25	-94.23	-6.93	75.68
Earnings From Discontinued Operations	-0.05	58.47	47.53	-	-
Net Income	27.69	34.22	-46.71	-6.93	75.68
Net Income to Common	27.69	34.22	-46.71	-6.93	75.68
Net Income Growth	-19.08%	-	-	-	8.65%
Shares Outstanding (Basic)	726	726	726	726	726
Shares Outstanding (Diluted)	726	726	726	726	726
EPS (Basic)	0.04	0.05	-0.06	-0.01	0.10
EPS (Diluted)	0.04	0.05	-0.06	-0.01	0.10
EPS Growth	-19.08%	-	-	-	8.65%
Free Cash Flow	80.57	363.62	159.53	-155.87	-30.99
Free Cash Flow Per Share	0.11	0.50	0.22	-0.21	-0.04
Dividend Per Share	0.030	0.020	-	-	0.054
Dividend Growth	50.00%	-	-	-	-
Gross Margin	15.21%	7.59%	5.76%	9.81%	16.94%
Operating Margin	1.77%	-7.13%	-7.42%	0.50%	5.47%
Profit Margin	3.28%	3.65%	-4.82%	-0.32%	4.48%
Free Cash Flow Margin	9.55%	38.75%	16.47%	-7.19%	-1.83%
EBITDA	37.95	-21.43	-20.17	61.54	141.4
EBITDA Margin	4.50%	-2.28%	-2.08%	2.84%	8.37%
D&A For EBITDA	22.98	45.52	51.7	50.82	48.89
EBIT	14.97	-66.96	-71.87	10.73	92.51
EBIT Margin	1.77%	-7.13%	-7.42%	0.50%	5.47%
Effective Tax Rate	6.06%	-	-	-	20.63%
Revenue as Reported	844.43	1,004	969.88	2,167	1,700

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.