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 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	2,211	2,181	2,026	2,213	2,670	2,861
Other Revenue	160.76	159.73	190.88	234.91	-	-
Revenue	2,371	2,340	2,217	2,448	2,670	2,861
Revenue Growth (YoY)	5.88%	5.57%	-9.46%	-8.31%	-6.66%	-9.12%
Cost of Revenue	1,634	1,629	1,635	1,837	2,143	2,316
Gross Profit	737.01	711.06	581.62	611.21	526.99	545.16
Selling, General & Admin	311.54	310.85	308.32	298.5	281.29	263.68
Other Operating Expenses	-	-	-	-	-244.53	-250.66
Operating Expenses	311.54	310.85	308.32	298.5	36.76	13.02
Operating Income	425.47	400.2	273.3	312.71	490.23	532.15
Interest Expense	-22.56	-17.7	-12.26	-11.4	-19.89	-31.1
Interest & Investment Income	191.35	134.83	38.38	25.33	12.55	11.66
Earnings From Equity Investments	22.18	27.27	62.78	44.2	-	-
Pretax Income	616.44	544.6	362.19	370.85	482.88	512.71
Income Tax Expense	126.67	114.14	62.75	68.97	82.83	49.2
Earnings From Continuing Operations	489.77	430.46	299.44	301.88	400.05	463.51
Minority Interest in Earnings	-0.01	-0.01	0.01	0.01	0	0.55
Net Income	489.76	430.45	299.45	301.89	400.06	464.06
Net Income to Common	489.76	430.45	299.45	301.89	400.06	464.06
Net Income Growth	55.37%	43.74%	-0.81%	-24.54%	-13.79%	-20.57%
Shares Outstanding (Basic)	753	753	753	753	753	760
Shares Outstanding (Diluted)	753	753	753	753	753	760
Shares Change (YoY)	-	-	-	-	-0.91%	-2.56%
EPS (Basic)	0.65	0.57	0.40	0.40	0.53	0.61
EPS (Diluted)	0.65	0.57	0.40	0.40	0.53	0.61
EPS Growth	55.37%	43.75%	-0.81%	-24.54%	-13.00%	-18.48%
Free Cash Flow	-337.25	-289.93	444	459.02	914.39	978.94
Free Cash Flow Per Share	-0.45	-0.39	0.59	0.61	1.21	1.29
Dividend Per Share	-	-	0.360	0.360	0.460	0.600
Dividend Growth	-	-	-	-21.74%	-23.33%	-9.09%
Gross Margin	31.08%	30.38%	26.24%	24.96%	19.73%	19.05%
Operating Margin	17.94%	17.10%	12.33%	12.77%	18.36%	18.60%
Profit Margin	20.65%	18.39%	13.51%	12.33%	14.98%	16.22%
Free Cash Flow Margin	-14.22%	-12.39%	20.03%	18.75%	34.24%	34.22%
EBITDA	675.74	676.56	654.21	762.67	978.19	1,042
EBITDA Margin	28.50%	28.91%	29.51%	31.15%	36.63%	36.41%
D&A For EBITDA	250.27	276.36	380.91	449.96	487.96	509.59
EBIT	425.47	400.2	273.3	312.71	490.23	532.15
EBIT Margin	17.94%	17.10%	12.33%	12.77%	18.36%	18.60%
Effective Tax Rate	20.55%	20.96%	17.32%	18.60%	17.15%	9.60%
Revenue as Reported	2,563	2,475	2,255	2,474	2,927	3,123

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