Ekarat Engineering 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
Revenue	1,918	2,571	2,284	2,105	1,414
Revenue Growth (YoY)	-25.42%	12.58%	8.53%	48.82%	-4.93%
Cost of Revenue	1,327	1,848	1,701	1,629	1,069
Gross Profit	590.53	723.12	583.55	475.58	345.62
Selling, General & Admin	379.91	363.08	289.77	270.23	229.09
Other Operating Expenses	-63.71	-15.94	-11.35	-16.31	-11.3
Operating Expenses	316.2	347.14	278.41	253.92	217.79
Operating Income	274.33	375.97	305.14	221.66	127.84
Interest Expense	-6.59	-24.53	-28.31	-22.52	-12.77
Currency Exchange Gain (Loss)	0.85	11.98	5.53	-	-
Other Non Operating Income (Expenses)	-9.64	1.22	-4.52	-	-
EBT Excluding Unusual Items	258.94	364.64	277.84	199.14	115.07
Asset Writedown	-3.74	-6.29	3.62	-0.13	-5.99
Pretax Income	255.2	358.35	281.46	199.01	109.08
Income Tax Expense	65.91	77.41	60.78	39.59	19.27
Earnings From Continuing Operations	189.29	280.95	220.68	159.43	89.81
Minority Interest in Earnings	0.03	-0.97	-0.17	0.03	0.08
Net Income	189.32	279.98	220.51	159.46	89.89
Net Income to Common	189.32	279.98	220.51	159.46	89.89
Net Income Growth	-32.38%	26.97%	38.28%	77.39%	-8.69%
Shares Outstanding (Basic)	1,472	1,472	1,472	1,472	1,420
Shares Outstanding (Diluted)	1,472	1,472	1,472	1,472	1,420
Shares Change (YoY)	0.01%	0.01%	-	3.64%	5.70%
EPS (Basic)	0.13	0.19	0.15	0.11	0.06
EPS (Diluted)	0.13	0.19	0.15	0.11	0.06
EPS Growth	-32.39%	26.96%	38.28%	71.16%	-13.61%
Free Cash Flow	335.63	217.16	280.74	61.7	-205.48
Free Cash Flow Per Share	0.23	0.15	0.19	0.04	-0.14
Dividend Per Share	0.065	0.100	0.080	0.060	0.030
Dividend Growth	-35.00%	25.00%	33.33%	100.00%	-
Gross Margin	30.80%	28.12%	25.55%	22.60%	24.44%
Operating Margin	14.31%	14.62%	13.36%	10.53%	9.04%
Profit Margin	9.87%	10.89%	9.65%	7.58%	6.36%
Free Cash Flow Margin	17.50%	8.45%	12.29%	2.93%	-14.53%
EBITDA	325.3	439.76	370.14	286.12	192.17
EBITDA Margin	16.96%	17.10%	16.20%	13.59%	13.59%
D&A For EBITDA	50.97	63.79	65	64.46	64.33
EBIT	274.33	375.97	305.14	221.66	127.84
EBIT Margin	14.31%	14.62%	13.36%	10.53%	9.04%
Effective Tax Rate	25.83%	21.60%	21.60%	19.89%	17.67%
Revenue as Reported	1,918	2,571	2,284	2,105	1,414

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