Asset World Corp 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	17,356	15,902	13,989	9,556	4,488
Other Revenue	123.99	115.33	50.64	71.95	89.3
Revenue	17,480	16,018	14,040	9,628	4,578
Revenue Growth (YoY)	9.13%	14.09%	45.82%	110.32%	-25.35%
Cost of Revenue	8,328	7,241	6,692	5,207	3,723
Gross Profit	9,153	8,777	7,347	4,420	854.58
Selling, General & Admin	4,921	4,856	4,247	3,280	2,315
Operating Expenses	4,921	4,856	4,247	3,280	2,315
Operating Income	4,231	3,921	3,100	1,140	-1,461
Interest Expense	-1,960	-1,874	-1,691	-1,298	-1,198
Interest & Investment Income	29.77	5.6	4.32	0.84	0.75
Earnings From Equity Investments	2.47	71.15	-35.42	-0.51	-
Other Non Operating Income (Expenses)	-14.63	-1.55	-0.56	30.82	-8.04
EBT Excluding Unusual Items	2,289	2,122	1,377	-126.01	-2,667
Asset Writedown	5,555	4,988	4,975	4,929	4,062
Other Unusual Items	-0.49	-	-	-	-
Pretax Income	7,844	7,110	6,353	4,803	1,395
Income Tax Expense	1,456	1,260	1,248	868.04	350.3
Earnings From Continuing Operations	6,388	5,850	5,105	3,935	1,045
Net Income	6,388	5,850	5,105	3,935	1,045
Net Income to Common	6,388	5,850	5,105	3,935	1,045
Net Income Growth	9.19%	14.61%	29.72%	276.62%	-
Shares Outstanding (Basic)	32,013	32,013	32,005	32,002	32,000
Shares Outstanding (Diluted)	32,052	32,039	32,014	32,009	32,000
Shares Change (YoY)	0.04%	0.08%	0.01%	0.03%	-
EPS (Basic)	0.20	0.18	0.16	0.12	0.03
EPS (Diluted)	0.20	0.18	0.16	0.12	0.03
EPS Growth	9.15%	16.01%	28.03%	276.52%	-
Free Cash Flow	-1,554	531.63	2,794	-4,426	-2,686
Free Cash Flow Per Share	-0.05	0.02	0.09	-0.14	-0.08
Dividend Per Share	0.080	0.075	0.050	0.032	0.011
Dividend Growth	6.67%	50.00%	56.25%	197.40%	-
Gross Margin	52.36%	54.79%	52.33%	45.91%	18.67%
Operating Margin	24.21%	24.48%	22.08%	11.84%	-31.91%
Profit Margin	36.54%	36.52%	36.36%	40.87%	22.82%
Free Cash Flow Margin	-8.89%	3.32%	19.90%	-45.97%	-58.66%
EBITDA	6,087	5,467	4,494	2,476	-162.47
EBITDA Margin	34.82%	34.13%	32.01%	25.72%	-3.55%
D&A For EBITDA	1,855	1,546	1,394	1,336	1,298
EBIT	4,231	3,921	3,100	1,140	-1,461
EBIT Margin	24.21%	24.48%	22.08%	11.84%	-31.91%
Effective Tax Rate	18.56%	17.72%	19.65%	18.07%	25.11%
Revenue as Reported	23,065	21,011	19,019	14,558	8,640

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