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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	18,739	17,681	18,077	16,173	15,922	13,676
Other Revenue	2	2	4.59	1.34	1.57	3.2
Revenue	18,741	17,683	18,082	16,174	15,924	13,680
Revenue Growth (YoY)	11.02%	-2.20%	11.79%	1.57%	16.40%	4.48%
Cost of Revenue	13,443	12,801	12,444	9,990	8,864	7,866
Gross Profit	5,298	4,881	5,638	6,185	7,059	5,814
Selling, General & Admin	2,329	2,660	3,078	2,945	2,880	2,753
Other Operating Expenses	-134.54	-157.79	-214.63	-134.1	-89.08	-81.13
Operating Expenses	2,194	2,502	2,864	2,810	2,791	2,671
Operating Income	3,104	2,379	2,774	3,374	4,268	3,142
Interest Expense	-185.69	-183.21	-115.09	-88.71	-106.8	-132.72
Interest & Investment Income	6.04	4.8	0.99	1.01	4.23	1.59
Earnings From Equity Investments	2.5	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	2,937	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	2,955	2,237	2,684	3,356	4,227	3,032
Income Tax Expense	476.37	336.84	432.82	513.27	667.45	564.01
Earnings From Continuing Operations	2,478	1,900	2,251	2,843	3,559	2,468
Minority Interest in Earnings	19.58	23.93	35.01	38.2	-34.13	38.2
Net Income	2,498	1,924	2,286	2,881	3,525	2,506
Net Income to Common	2,498	1,924	2,286	2,881	3,525	2,506
Net Income Growth	53.36%	-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)	2.50	1.92	2.29	2.88	3.53	2.51
EPS (Diluted)	2.50	1.92	2.29	2.88	3.53	2.51
EPS Growth	53.36%	-15.83%	-20.65%	-18.27%	40.64%	116.34%
Free Cash Flow	3,609	3,049	1,696	1,306	1,981	2,653
Free Cash Flow Per Share	3.61	3.05	1.70	1.31	1.98	2.65
Dividend Per Share	0.500	0.900	1.500	1.900	2.400	1.700
Dividend Growth	-56.52%	-40.00%	-21.05%	-20.83%	41.18%	112.50%
Gross Margin	28.27%	27.61%	31.18%	38.24%	44.33%	42.50%
Operating Margin	16.56%	13.45%	15.34%	20.86%	26.81%	22.97%
Profit Margin	13.33%	10.88%	12.64%	17.81%	22.14%	18.32%
Free Cash Flow Margin	19.26%	17.24%	9.38%	8.07%	12.44%	19.40%
EBITDA	3,746	3,075	3,467	4,016	4,815	3,676
EBITDA Margin	19.99%	17.39%	19.18%	24.83%	30.24%	26.87%
D&A For EBITDA	641.91	696.23	693.15	642.22	546.6	533.73
EBIT	3,104	2,379	2,774	3,374	4,268	3,142
EBIT Margin	16.56%	13.45%	15.34%	20.86%	26.81%	22.97%
Effective Tax Rate	16.12%	15.06%	16.13%	15.29%	15.79%	18.60%
Revenue as Reported	20,076	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.