Carabao Group PCL (BKK:CBG)

Carabao Group PCL Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	20,662	19,645	17,681	18,077	16,173	15,922
Other Revenue	1.36	1.36	2	4.59	1.34	1.57
Revenue	20,663	19,647	17,683	18,082	16,174	15,924
Revenue Growth (YoY)	10.25%	11.11%	-2.21%	11.79%	1.57%	16.40%
Cost of Revenue	14,668	13,924	12,801	12,444	9,990	8,864
Gross Profit	5,996	5,722	4,881	5,638	6,185	7,059
Selling, General & Admin	2,329	2,349	2,660	3,078	2,945	2,880
Other Operating Expenses	-198.96	-188.96	-157.79	-214.63	-134.1	-89.08
Operating Expenses	2,130	2,160	2,502	2,864	2,810	2,791
Operating Income	3,865	3,562	2,379	2,774	3,374	4,268
Interest Expense	-105.31	-145.73	-183.21	-115.09	-88.71	-106.8
Interest & Investment Income	5.77	5.77	4.8	0.99	1.01	4.23
Earnings From Equity Investments	16.13	14.45	8.5	4.56	-	-
Currency Exchange Gain (Loss)	4.27	4.27	10.32	-	64.98	55.15
EBT Excluding Unusual Items	3,786	3,441	2,219	2,665	3,351	4,221
Gain (Loss) on Sale of Assets	5.79	5.79	5.96	3.78	4.58	5.63
Pretax Income	3,792	3,447	2,237	2,684	3,356	4,227
Income Tax Expense	726.97	619.46	336.84	432.82	513.27	667.45
Earnings From Continuing Operations	3,065	2,827	1,900	2,251	2,843	3,559
Minority Interest in Earnings	19.88	15.48	23.93	35.01	38.2	-34.13
Net Income	3,085	2,843	1,924	2,286	2,881	3,525
Net Income to Common	3,085	2,843	1,924	2,286	2,881	3,525
Net Income Growth	23.49%	47.73%	-15.83%	-20.65%	-18.27%	40.64%
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)	3.08	2.84	1.92	2.29	2.88	3.53
EPS (Diluted)	3.08	2.84	1.92	2.29	2.88	3.53
EPS Growth	23.49%	47.73%	-15.83%	-20.65%	-18.27%	40.64%
Free Cash Flow	4,041	4,197	3,049	1,696	1,306	1,981
Free Cash Flow Per Share	4.04	4.20	3.05	1.70	1.31	1.98
Dividend Per Share	0.700	1.300	0.900	1.500	1.900	2.400
Dividend Growth	-36.36%	44.44%	-40.00%	-21.05%	-20.83%	41.18%
Gross Margin	29.02%	29.13%	27.61%	31.18%	38.24%	44.33%
Operating Margin	18.70%	18.13%	13.45%	15.34%	20.86%	26.81%
Profit Margin	14.93%	14.47%	10.88%	12.64%	17.81%	22.14%
Free Cash Flow Margin	19.56%	21.36%	17.24%	9.38%	8.07%	12.44%
EBITDA	4,507	4,272	3,075	3,467	4,016	4,815
EBITDA Margin	21.81%	21.74%	17.39%	19.18%	24.83%	30.24%
D&A For EBITDA	641.97	709.84	696.23	693.15	642.22	546.6
EBIT	3,865	3,562	2,379	2,774	3,374	4,268
EBIT Margin	18.70%	18.13%	13.45%	15.34%	20.86%	26.81%
Effective Tax Rate	19.17%	17.97%	15.06%	16.13%	15.29%	15.79%
Revenue as Reported	22,191	21,165	19,041	19,454	17,569	17,382
Advertising Expenses	-	465.91	673.16	729.63	755.05	825.15

Updated Feb 21, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.