CP Axtra 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
Revenue	517,802	508,745	486,472	466,082	265,398
Revenue Growth (YoY)	1.78%	4.58%	4.38%	75.62%	21.60%
Cost of Revenue	434,537	425,070	408,274	389,588	229,384
Gross Profit	83,265	83,675	78,198	76,494	36,014
Selling, General & Admin	69,311	68,339	64,968	62,842	26,490
Other Operating Expenses	-2,905	-3,297	-3,477	-3,050	-969.69
Operating Expenses	66,407	65,042	61,491	59,793	25,520
Operating Income	16,858	18,633	16,707	16,701	10,494
Interest Expense	-5,398	-5,735	-6,319	-7,122	-1,557
Earnings From Equity Investments	580.12	672.76	746.23	831.42	-226.47
EBT Excluding Unusual Items	12,040	13,571	11,134	10,411	8,711
Merger & Restructuring Charges	-70	-	-	-	-
Other Unusual Items	-	-	-	-	7,089
Pretax Income	11,970	13,571	11,134	10,411	15,800
Income Tax Expense	2,645	3,026	2,535	2,729	2,128
Earnings From Continuing Operations	9,325	10,545	8,599	7,682	13,673
Minority Interest in Earnings	31.26	24.3	41	15.06	14.18
Net Income	9,356	10,569	8,640	7,697	13,687
Net Income to Common	9,356	10,569	8,640	7,697	13,687
Net Income Growth	-11.47%	22.33%	12.25%	-43.76%	108.55%
Shares Outstanding (Basic)	10,428	6,582	5,290	10,580	5,755
Shares Outstanding (Diluted)	10,428	6,582	5,290	10,580	5,755
Shares Change (YoY)	58.43%	24.42%	-50.00%	83.84%	19.90%
EPS (Basic)	0.90	1.61	1.63	0.73	2.38
EPS (Diluted)	0.90	1.61	1.63	0.73	2.38
EPS Growth	-44.12%	-1.69%	124.51%	-69.41%	73.95%
Free Cash Flow	7,565	12,769	24,194	9,447	14,392
Free Cash Flow Per Share	0.72	1.94	4.57	0.89	2.50
Dividend Per Share	0.710	0.710	0.570	0.510	0.720
Dividend Growth	-	24.56%	11.77%	-29.17%	-28.00%
Gross Margin	16.08%	16.45%	16.07%	16.41%	13.57%
Operating Margin	3.26%	3.66%	3.43%	3.58%	3.95%
Profit Margin	1.81%	2.08%	1.78%	1.65%	5.16%
Free Cash Flow Margin	1.46%	2.51%	4.97%	2.03%	5.42%
EBITDA	28,127	30,050	28,236	28,580	14,592
EBITDA Margin	5.43%	5.91%	5.80%	6.13%	5.50%
D&A For EBITDA	11,269	11,416	11,529	11,879	4,098
EBIT	16,858	18,633	16,707	16,701	10,494
EBIT Margin	3.26%	3.66%	3.43%	3.58%	3.95%
Effective Tax Rate	22.10%	22.30%	22.77%	26.21%	13.46%
Revenue as Reported	520,706	512,042	489,949	469,131	266,367
Advertising Expenses	3,945	3,406	3,311	3,474	1,239

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