Asefa PCL (BKK:ASEFA)

Asefa PCL Income Statement

Financials in millions THB. Fiscal year is January - December.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	3,924	3,306	3,149	3,433	3,091	2,599
Revenue Growth (YoY)	23.09%	4.99%	-8.27%	11.09%	18.92%	-3.34%
Cost of Revenue	2,979	2,484	2,488	2,796	2,559	2,119
Gross Profit	945.65	822.02	661.56	637.01	531.79	480.4
Selling, General & Admin	622.22	582.35	612.62	453.58	426.35	343.89
Other Operating Expenses	-63.49	-60.63	-49.09	-33.22	-27.85	-33.09
Operating Expenses	558.73	521.73	563.53	420.36	398.49	310.8
Operating Income	386.92	300.29	98.03	216.66	133.3	169.6
Interest Expense	-28.53	-25.55	-21.02	-14.3	-3.17	-0.83
Earnings From Equity Investments	1.73	-1.2	11.54	4.76	-0.76	-
EBT Excluding Unusual Items	360.12	273.53	88.55	207.12	129.37	168.77
Gain (Loss) on Sale of Investments	12.17	12.17	-	-	-	-
Pretax Income	372.28	285.7	88.55	207.12	129.37	168.77
Income Tax Expense	75.43	60.15	14.3	38.95	24.36	31.96
Earnings From Continuing Operations	296.85	225.54	74.25	168.17	105.01	136.81
Minority Interest in Earnings	-5.86	-6.33	-3.85	0.23	-1.68	1.53
Net Income	291	219.22	70.4	168.4	103.33	138.34
Net Income to Common	291	219.22	70.4	168.4	103.33	138.34
Net Income Growth	177.99%	211.41%	-58.20%	62.97%	-25.31%	-36.69%
Shares Outstanding (Basic)	521	523	530	537	546	546
Shares Outstanding (Diluted)	521	523	530	537	546	546
Shares Change (YoY)	-1.65%	-1.32%	-1.30%	-1.59%	-	-0.58%
EPS (Basic)	0.56	0.42	0.13	0.31	0.19	0.25
EPS (Diluted)	0.56	0.42	0.13	0.31	0.19	0.25
EPS Growth	182.65%	215.58%	-57.65%	65.61%	-25.31%	-36.32%
Free Cash Flow	256.89	402.85	317.92	-102.27	-88.75	148.69
Free Cash Flow Per Share	0.49	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	24.10%	24.86%	21.01%	18.55%	17.21%	18.48%
Operating Margin	9.86%	9.08%	3.11%	6.31%	4.31%	6.53%
Profit Margin	7.41%	6.63%	2.23%	4.91%	3.34%	5.32%
Free Cash Flow Margin	6.55%	12.18%	10.10%	-2.98%	-2.87%	5.72%
EBITDA	467.71	367.14	139.34	260.08	174.45	214.7
EBITDA Margin	11.92%	11.10%	4.42%	7.58%	5.64%	8.26%
D&A For EBITDA	80.8	66.85	41.31	43.42	41.15	45.1
EBIT	386.92	300.29	98.03	216.66	133.3	169.6
EBIT Margin	9.86%	9.08%	3.11%	6.31%	4.31%	6.53%
Effective Tax Rate	20.26%	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.