Business Online 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	756.77	680.38	727.19	653.85	608
Other Revenue	49.35	43.13	56.09	43.41	41.28
Revenue	806.12	723.5	783.27	697.26	649.28
Revenue Growth (YoY)	11.42%	-7.63%	12.34%	7.39%	3.94%
Cost of Revenue	297.52	242.13	267.95	215.43	222.79
Gross Profit	508.6	481.37	515.32	481.82	426.49
Selling, General & Admin	188.52	169.05	164.54	165.7	151.75
Operating Expenses	188.52	169.05	164.54	165.7	151.75
Operating Income	320.08	312.32	350.78	316.12	274.73
Interest Expense	-1.45	-1.35	-1.55	-1.71	-1.63
Interest & Investment Income	8.68	10.36	6.08	1.91	1.21
Earnings From Equity Investments	-1.27	-1.84	-2.13	-2.16	-2.55
Pretax Income	326.04	319.49	353.17	314.16	271.76
Income Tax Expense	35.05	43.75	62.86	43.47	38.55
Net Income	290.99	275.74	290.31	270.69	233.21
Net Income to Common	290.99	275.74	290.31	270.69	233.21
Net Income Growth	5.53%	-5.02%	7.25%	16.07%	30.65%
Shares Outstanding (Basic)	821	821	821	821	821
Shares Outstanding (Diluted)	821	821	821	821	821
EPS (Basic)	0.35	0.34	0.35	0.33	0.28
EPS (Diluted)	0.35	0.34	0.35	0.33	0.28
EPS Growth	5.53%	-5.02%	7.25%	16.07%	30.65%
Free Cash Flow	85.89	192.36	219.67	268.41	296.24
Free Cash Flow Per Share	0.10	0.23	0.27	0.33	0.36
Dividend Per Share	0.325	0.310	0.320	0.295	0.255
Dividend Growth	4.84%	-3.13%	8.48%	15.69%	30.77%
Gross Margin	63.09%	66.53%	65.79%	69.10%	65.69%
Operating Margin	39.71%	43.17%	44.78%	45.34%	42.31%
Profit Margin	36.10%	38.11%	37.06%	38.82%	35.92%
Free Cash Flow Margin	10.66%	26.59%	28.04%	38.50%	45.63%
EBITDA	333.19	322.98	361.18	328.9	291.07
EBITDA Margin	41.33%	44.64%	46.11%	47.17%	44.83%
D&A For EBITDA	13.11	10.66	10.4	12.78	16.34
EBIT	320.08	312.32	350.78	316.12	274.73
EBIT Margin	39.71%	43.17%	44.78%	45.34%	42.31%
Effective Tax Rate	10.75%	13.69%	17.80%	13.84%	14.18%
Revenue as Reported	806.12	723.5	783.27	697.26	649.28

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