Forth Smart Service PCL (BKK: FSMART)

Forth Smart Service 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	2,092	2,030	2,213	2,670	2,861	3,148
Other Revenue	168.74	186.39	234.91	-	-	-
Revenue	2,261	2,217	2,448	2,670	2,861	3,148
Revenue Growth (YoY)	-0.43%	-9.46%	-8.31%	-6.66%	-9.12%	-6.02%
Cost of Revenue	1,614	1,635	1,837	2,143	2,316	2,492
Gross Profit	646.38	581.62	611.21	526.99	545.16	655.88
Selling, General & Admin	313.21	308.32	298.5	281.29	263.68	224.8
Other Operating Expenses	-	-	-	-244.53	-250.66	-271.21
Operating Expenses	313.21	308.32	298.5	36.76	13.02	-46.41
Operating Income	333.17	273.3	312.71	490.23	532.15	702.29
Interest Expense	-12.26	-12.26	-11.4	-19.89	-31.1	-41.43
Interest & Investment Income	58.53	38.38	25.33	12.55	11.66	-
Earnings From Equity Investments	41.53	62.78	44.2	-	-	-
Pretax Income	420.96	362.19	370.85	482.88	512.71	660.86
Income Tax Expense	78.69	62.75	68.97	82.83	49.2	77.65
Earnings From Continuing Operations	342.27	299.44	301.88	400.05	463.51	583.21
Minority Interest in Earnings	0.01	0.01	0.01	0	0.55	1.01
Net Income	342.28	299.45	301.89	400.06	464.06	584.23
Net Income to Common	342.28	299.45	301.89	400.06	464.06	584.23
Net Income Growth	18.00%	-0.81%	-24.54%	-13.79%	-20.57%	0.19%
Shares Outstanding (Basic)	753	753	753	753	760	780
Shares Outstanding (Diluted)	753	753	753	753	760	780
Shares Change (YoY)	-	-	-	-0.91%	-2.56%	-0.98%
EPS (Basic)	0.45	0.40	0.40	0.53	0.61	0.75
EPS (Diluted)	0.45	0.40	0.40	0.53	0.61	0.75
EPS Growth	18.00%	-0.81%	-24.54%	-13.00%	-18.48%	1.19%
Free Cash Flow	206.88	444	459.02	914.39	978.94	796.98
Free Cash Flow Per Share	0.27	0.59	0.61	1.21	1.29	1.02
Dividend Per Share	0.410	0.360	0.360	0.460	0.600	0.660
Dividend Growth	-24.07%	0%	-21.74%	-23.33%	-9.09%	6.45%
Gross Margin	28.59%	26.24%	24.96%	19.73%	19.06%	20.83%
Operating Margin	14.74%	12.33%	12.77%	18.36%	18.60%	22.31%
Profit Margin	15.14%	13.51%	12.33%	14.98%	16.22%	18.56%
Free Cash Flow Margin	9.15%	20.03%	18.75%	34.24%	34.22%	25.32%
EBITDA	663.38	654.21	762.67	978.19	1,042	1,227
EBITDA Margin	29.34%	29.51%	31.15%	36.63%	36.41%	38.98%
D&A For EBITDA	330.21	380.91	449.96	487.96	509.59	524.95
EBIT	333.17	273.3	312.71	490.23	532.15	702.29
EBIT Margin	14.74%	12.33%	12.77%	18.36%	18.60%	22.31%
Effective Tax Rate	18.69%	17.32%	18.60%	17.15%	9.60%	11.75%
Revenue as Reported	2,319	2,255	2,474	2,927	3,123	3,419

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