Don Muang Tollway 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	2,648	2,469	2,325	1,832	1,202
Revenue Growth (YoY)	7.23%	6.20%	26.91%	52.37%	-41.26%
Cost of Revenue	1,071	1,099	839.27	654.96	518.14
Gross Profit	1,577	1,370	1,486	1,177	684.24
Selling, General & Admin	263.42	250.69	243	211.96	180.74
Other Operating Expenses	-3.76	-2.11	-5.61	-4.52	-3.12
Operating Expenses	259.66	248.58	237.4	207.44	177.63
Operating Income	1,317	1,121	1,248	969.68	506.62
Interest Expense	-4.36	-20.87	-22.58	-2.04	-24.19
Interest & Investment Income	28.37	25.72	25.86	9.39	6.87
EBT Excluding Unusual Items	1,341	1,126	1,252	977.03	489.31
Gain (Loss) on Sale of Investments	-	2.01	-	-	-
Pretax Income	1,341	1,128	1,252	977.03	489.31
Income Tax Expense	267.36	230.96	251.59	196.46	85.01
Earnings From Continuing Operations	1,074	897.07	1,000	780.58	404.3
Minority Interest in Earnings	-0.69	0.36	0.93	-	-
Net Income	1,073	897.43	1,001	780.58	404.3
Net Income to Common	1,073	897.43	1,001	780.58	404.3
Net Income Growth	19.58%	-10.35%	28.24%	93.07%	-48.91%
Shares Outstanding (Basic)	1,181	1,181	1,181	1,181	1,136
Shares Outstanding (Diluted)	1,181	1,181	1,181	1,181	1,136
Shares Change (YoY)	-	-	-	3.98%	9.10%
EPS (Basic)	0.91	0.76	0.85	0.66	0.36
EPS (Diluted)	0.91	0.76	0.85	0.66	0.36
EPS Growth	19.58%	-10.35%	28.24%	85.67%	-53.18%
Free Cash Flow	1,742	1,567	1,475	1,148	474.43
Free Cash Flow Per Share	1.48	1.33	1.25	0.97	0.42
Dividend Per Share	0.880	0.830	1.200	1.130	0.320
Dividend Growth	6.02%	-30.83%	6.19%	253.13%	-36.00%
Gross Margin	59.56%	55.47%	63.90%	64.25%	56.91%
Operating Margin	49.75%	45.41%	53.69%	52.93%	42.13%
Profit Margin	40.53%	36.35%	43.05%	42.61%	33.63%
Free Cash Flow Margin	65.80%	63.47%	63.42%	62.65%	39.46%
EBITDA	2,039	1,858	1,778	1,334	732.93
EBITDA Margin	77.02%	75.25%	76.47%	72.80%	60.96%
D&A For EBITDA	721.93	736.81	529.55	364.06	226.31
EBIT	1,317	1,121	1,248	969.68	506.62
EBIT Margin	49.75%	45.41%	53.69%	52.93%	42.13%
Effective Tax Rate	19.93%	20.47%	20.10%	20.11%	17.37%
Revenue as Reported	2,648	2,469	-	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.