Carabao Group PCL (BKK: CBG)

Carabao Group PCL Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	19,131	17,681	18,077	16,173	15,922	13,676
Other Revenue	2	2	4.59	1.34	1.57	3.2
Revenue	19,133	17,683	18,082	16,174	15,924	13,680
Revenue Growth (YoY)	13.26%	-2.20%	11.79%	1.57%	16.40%	4.48%
Cost of Revenue	13,666	12,801	12,444	9,990	8,864	7,866
Gross Profit	5,467	4,881	5,638	6,185	7,059	5,814
Selling, General & Admin	2,250	2,660	3,078	2,945	2,880	2,753
Other Operating Expenses	-168.4	-157.79	-214.63	-134.1	-89.08	-81.13
Operating Expenses	2,081	2,502	2,864	2,810	2,791	2,671
Operating Income	3,386	2,379	2,774	3,374	4,268	3,142
Interest Expense	-167.33	-183.21	-115.09	-88.71	-106.8	-132.72
Interest & Investment Income	5.75	4.8	0.99	1.01	4.23	1.59
Earnings From Equity Investments	4.38	8.5	4.56	-	-	-
Currency Exchange Gain (Loss)	10.32	10.32	-	64.98	55.15	-11.69
Other Non Operating Income (Expenses)	-	-	-	-	-	29.54
EBT Excluding Unusual Items	3,239	2,219	2,665	3,351	4,221	3,029
Gain (Loss) on Sale of Assets	5.96	5.96	3.78	4.58	5.63	3.35
Pretax Income	3,257	2,237	2,684	3,356	4,227	3,032
Income Tax Expense	563.98	336.84	432.82	513.27	667.45	564.01
Earnings From Continuing Operations	2,693	1,900	2,251	2,843	3,559	2,468
Minority Interest in Earnings	16.6	23.93	35.01	38.2	-34.13	38.2
Net Income	2,709	1,924	2,286	2,881	3,525	2,506
Net Income to Common	2,709	1,924	2,286	2,881	3,525	2,506
Net Income Growth	60.97%	-15.83%	-20.65%	-18.27%	40.64%	116.34%
Shares Outstanding (Basic)	1,000	1,000	1,000	1,000	1,000	1,000
Shares Outstanding (Diluted)	1,000	1,000	1,000	1,000	1,000	1,000
EPS (Basic)	2.71	1.92	2.29	2.88	3.53	2.51
EPS (Diluted)	2.71	1.92	2.29	2.88	3.53	2.51
EPS Growth	60.97%	-15.83%	-20.65%	-18.27%	40.64%	116.34%
Free Cash Flow	3,950	3,049	1,696	1,306	1,981	2,653
Free Cash Flow Per Share	3.95	3.05	1.70	1.31	1.98	2.65
Dividend Per Share	1.100	0.900	1.500	1.900	2.400	1.700
Dividend Growth	-4.35%	-40.00%	-21.05%	-20.83%	41.18%	112.50%
Gross Margin	28.58%	27.61%	31.18%	38.24%	44.33%	42.50%
Operating Margin	17.70%	13.45%	15.34%	20.86%	26.81%	22.97%
Profit Margin	14.16%	10.88%	12.64%	17.81%	22.14%	18.32%
Free Cash Flow Margin	20.64%	17.24%	9.38%	8.07%	12.44%	19.40%
EBITDA	4,001	3,075	3,467	4,016	4,815	3,676
EBITDA Margin	20.91%	17.39%	19.18%	24.83%	30.24%	26.87%
D&A For EBITDA	615.57	696.23	693.15	642.22	546.6	533.73
EBIT	3,386	2,379	2,774	3,374	4,268	3,142
EBIT Margin	17.70%	13.45%	15.34%	20.86%	26.81%	22.97%
Effective Tax Rate	17.32%	15.06%	16.13%	15.29%	15.79%	18.60%
Revenue as Reported	20,501	19,041	19,454	17,569	17,382	15,050
Advertising Expenses	-	673.16	729.63	755.05	825.15	904.44

Source: S&P Capital IQ. Standard template. Financial Sources.