BTS Group Holdings PCL Income Statement

Financials in millions THB. Fiscal year is April - March.

Millions THB. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2016 - 2020
Period Ending	Sep '25 Sep 30, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021	2016 - 2020
Revenue	26,146	19,012	18,175	18,311	26,056	35,128	Upgrade
Revenue Growth (YoY)	56.09%	4.61%	-0.74%	-29.73%	-25.83%	-0.78%	Upgrade
Cost of Revenue	15,008	12,828	12,804	12,311	20,267	28,674	Upgrade
Gross Profit	11,138	6,184	5,371	6,000	5,789	6,454	Upgrade
Selling, General & Admin	6,242	5,135	4,625	4,139	2,622	2,467	Upgrade
Other Operating Expenses	-199.46	90.11	-449.81	-174.92	-140.78	-352.16	Upgrade
Operating Expenses	6,043	5,225	4,175	3,964	2,481	2,115	Upgrade
Operating Income	5,095	959.2	1,196	2,036	3,308	4,338	Upgrade
Interest Expense	-3,629	-6,919	-5,996	-3,813	-3,197	-2,505	Upgrade
Interest & Investment Income	3,160	5,984	6,053	4,936	3,942	3,519	Upgrade
Earnings From Equity Investments	627.05	454.16	-2,063	350.1	-131.44	-1,664	Upgrade
Other Non Operating Income (Expenses)	-4,707	-689.65	-403.34	-751.61	510.37	930.18	Upgrade
EBT Excluding Unusual Items	578.13	-211.47	-1,214	2,758	4,431	4,619	Upgrade
Gain (Loss) on Sale of Investments	3,951	3,620	-4,312	-260	-	-	Upgrade
Gain (Loss) on Sale of Assets	-	-	-	663.78	663.9	2,668	Upgrade
Pretax Income	4,529	3,409	-5,526	3,162	5,095	7,286	Upgrade
Income Tax Expense	2,232	1,945	1,707	1,539	1,214	1,927	Upgrade
Earnings From Continuing Operations	2,297	1,464	-7,233	1,623	3,881	5,359	Upgrade
Net Income to Company	2,297	1,464	-7,233	1,623	3,881	5,359	Upgrade
Minority Interest in Earnings	522.66	652.89	1,992	213.58	-55.37	-783.13	Upgrade
Net Income	2,820	2,117	-5,241	1,836	3,826	4,576	Upgrade
Net Income to Common	2,820	2,117	-5,241	1,836	3,826	4,576	Upgrade
Net Income Growth	-	-	-	-52.00%	-16.40%	-43.93%	Upgrade
Shares Outstanding (Basic)	15,704	14,338	13,168	13,168	13,163	13,159	Upgrade
Shares Outstanding (Diluted)	15,704	14,338	13,168	13,168	13,164	13,161	Upgrade
Shares Change (YoY)	19.26%	8.88%	-	0.03%	0.03%	2.94%	Upgrade
EPS (Basic)	0.18	0.15	-0.40	0.14	0.29	0.35	Upgrade
EPS (Diluted)	0.18	0.15	-0.40	0.14	0.29	0.35	Upgrade
EPS Growth	-	-	-	-52.01%	-16.43%	-45.51%	Upgrade
Free Cash Flow	15,216	37,697	-4,280	-14,000	-24,322	-32,369	Upgrade
Free Cash Flow Per Share	0.97	2.63	-0.33	-1.06	-1.85	-2.46	Upgrade
Dividend Per Share	-	-	-	0.310	0.310	0.310	Upgrade
Dividend Growth	-	-	-	-	-	-6.06%	Upgrade
Gross Margin	42.60%	32.53%	29.55%	32.77%	22.22%	18.37%	Upgrade
Operating Margin	19.49%	5.04%	6.58%	11.12%	12.69%	12.35%	Upgrade
Profit Margin	10.79%	11.14%	-28.84%	10.03%	14.68%	13.03%	Upgrade
Free Cash Flow Margin	58.20%	198.28%	-23.55%	-76.46%	-93.34%	-92.15%	Upgrade
EBITDA	7,088	2,148	1,746	2,506	3,783	4,784	Upgrade
EBITDA Margin	27.11%	11.30%	9.60%	13.69%	14.52%	13.62%	Upgrade
D&A For EBITDA	1,993	1,189	550.04	469.94	475.24	445.91	Upgrade
EBIT	5,095	959.2	1,196	2,036	3,308	4,338	Upgrade
EBIT Margin	19.49%	5.04%	6.58%	11.12%	12.69%	12.35%	Upgrade
Effective Tax Rate	49.28%	57.05%	-	48.67%	23.83%	26.45%	Upgrade
Revenue as Reported	33,146	28,998	24,382	24,139	31,195	42,250	Upgrade
Advertising Expenses	-	708	518	524	350	231.69	Upgrade

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.