BKK:BAFS 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	3,620	3,451	2,976	2,194	1,617
Other Revenue	87.14	56.23	66.03	89.6	46.88
Revenue	3,707	3,507	3,042	2,284	1,664
Revenue Growth (YoY)	5.72%	15.27%	33.21%	37.25%	-11.60%
Cost of Revenue	2,038	1,980	1,833	1,652	1,631
Gross Profit	1,669	1,527	1,210	631.65	33.28
Selling, General & Admin	822.01	797.07	792	623.19	648.09
Operating Expenses	822.01	797.07	792	623.19	648.09
Operating Income	847.34	729.6	417.63	8.46	-614.8
Interest Expense	-552.23	-585.46	-613.9	-528.19	-382.3
Interest & Investment Income	87.95	81.9	117.81	126.31	14.81
Earnings From Equity Investments	-6.94	-4.19	-3.64	-4.24	-9.19
Other Non Operating Income (Expenses)	-0	0	-0.44	-4.78	-28.85
EBT Excluding Unusual Items	376.12	221.86	-82.54	-402.44	-1,020
Gain (Loss) on Sale of Investments	-39.3	-28.54	-45.4	-	-
Pretax Income	336.82	193.31	-127.94	-402.44	-1,020
Income Tax Expense	181.27	169.18	137.93	-1.54	-136.09
Earnings From Continuing Operations	155.56	24.14	-265.87	-400.89	-884.25
Minority Interest in Earnings	56.39	78.72	127.82	119.47	99.47
Net Income	211.94	102.86	-138.05	-281.43	-784.78
Preferred Dividends & Other Adjustments	54.8	54.8	26.72	-	-
Net Income to Common	157.14	48.06	-164.77	-281.43	-784.78
Net Income Growth	106.05%	-	-	-	-
Shares Outstanding (Basic)	637	637	637	637	637
Shares Outstanding (Diluted)	637	637	637	637	637
EPS (Basic)	0.25	0.08	-0.26	-0.44	-1.23
EPS (Diluted)	0.25	0.08	-0.26	-0.44	-1.23
EPS Growth	226.97%	-	-	-	-
Free Cash Flow	837.45	968.56	869.94	293.89	1,154
Free Cash Flow Per Share	1.31	1.52	1.36	0.46	1.81
Dividend Per Share	0.330	0.300	0.220	-	-
Dividend Growth	10.00%	36.36%	-	-	-
Gross Margin	45.03%	43.53%	39.76%	27.66%	2.00%
Operating Margin	22.86%	20.80%	13.73%	0.37%	-36.95%
Profit Margin	4.24%	1.37%	-5.42%	-12.32%	-47.16%
Free Cash Flow Margin	22.59%	27.62%	28.59%	12.87%	69.34%
EBITDA	1,648	1,522	1,197	833.26	233.08
EBITDA Margin	44.44%	43.41%	39.36%	36.48%	14.01%
D&A For EBITDA	800.28	792.6	779.79	824.8	847.89
EBIT	847.34	729.6	417.63	8.46	-614.8
EBIT Margin	22.86%	20.80%	13.73%	0.37%	-36.94%
Effective Tax Rate	53.82%	87.51%	-	-	-
Revenue as Reported	3,707	3,507	3,074	2,334	1,664

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