Asefa 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	3,306	3,149	3,433	3,091	2,599
Revenue Growth (YoY)	4.99%	-8.27%	11.09%	18.92%	-3.34%
Cost of Revenue	2,484	2,488	2,796	2,559	2,119
Gross Profit	822.02	661.56	637.01	531.79	480.4
Selling, General & Admin	582.35	612.62	453.58	426.35	343.89
Other Operating Expenses	-60.63	-49.09	-33.22	-27.85	-33.09
Operating Expenses	521.73	563.53	420.36	398.49	310.8
Operating Income	300.29	98.03	216.66	133.3	169.6
Interest Expense	-25.55	-21.02	-14.3	-3.17	-0.83
Earnings From Equity Investments	-1.2	11.54	4.76	-0.76	-
EBT Excluding Unusual Items	273.53	88.55	207.12	129.37	168.77
Gain (Loss) on Sale of Investments	12.17	-	-	-	-
Pretax Income	285.7	88.55	207.12	129.37	168.77
Income Tax Expense	60.15	14.3	38.95	24.36	31.96
Earnings From Continuing Operations	225.54	74.25	168.17	105.01	136.81
Minority Interest in Earnings	-6.33	-3.85	0.23	-1.68	1.53
Net Income	219.22	70.4	168.4	103.33	138.34
Net Income to Common	219.22	70.4	168.4	103.33	138.34
Net Income Growth	211.41%	-58.20%	62.97%	-25.31%	-36.69%
Shares Outstanding (Basic)	523	530	537	546	546
Shares Outstanding (Diluted)	523	530	537	546	546
Shares Change (YoY)	-1.32%	-1.30%	-1.59%	-	-0.58%
EPS (Basic)	0.42	0.13	0.31	0.19	0.25
EPS (Diluted)	0.42	0.13	0.31	0.19	0.25
EPS Growth	215.58%	-57.65%	65.61%	-25.31%	-36.32%
Free Cash Flow	402.85	317.92	-102.27	-88.75	148.69
Free Cash Flow Per Share	0.77	0.60	-0.19	-0.16	0.27
Dividend Per Share	-	0.140	0.190	0.180	0.220
Dividend Growth	-	-26.32%	5.56%	-18.18%	-21.43%
Gross Margin	24.86%	21.01%	18.55%	17.21%	18.48%
Operating Margin	9.08%	3.11%	6.31%	4.31%	6.53%
Profit Margin	6.63%	2.23%	4.91%	3.34%	5.32%
Free Cash Flow Margin	12.18%	10.10%	-2.98%	-2.87%	5.72%
EBITDA	367.14	139.34	260.08	174.45	214.7
EBITDA Margin	11.10%	4.42%	7.58%	5.64%	8.26%
D&A For EBITDA	66.85	41.31	43.42	41.15	45.1
EBIT	300.29	98.03	216.66	133.3	169.6
EBIT Margin	9.08%	3.11%	6.31%	4.31%	6.53%
Effective Tax Rate	21.05%	16.15%	18.80%	18.83%	18.94%
Advertising Expenses	65	44.71	52.14	59.06	54.19

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