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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	2,133	2,030	2,213	2,670	2,861	3,148
Other Revenue	166.05	186.39	234.91	-	-	-
Revenue	2,299	2,217	2,448	2,670	2,861	3,148
Revenue Growth (YoY)	3.78%	-9.46%	-8.31%	-6.66%	-9.12%	-6.02%
Cost of Revenue	1,612	1,635	1,837	2,143	2,316	2,492
Gross Profit	686.94	581.62	611.21	526.99	545.16	655.88
Selling, General & Admin	316.63	308.32	298.5	281.29	263.68	224.8
Other Operating Expenses	-	-	-	-244.53	-250.66	-271.21
Operating Expenses	316.63	308.32	298.5	36.76	13.02	-46.41
Operating Income	370.31	273.3	312.71	490.23	532.15	702.29
Interest Expense	-14.41	-12.26	-11.4	-19.89	-31.1	-41.43
Interest & Investment Income	87.89	38.38	25.33	12.55	11.66	-
Earnings From Equity Investments	34.26	62.78	44.2	-	-	-
Pretax Income	478.06	362.19	370.85	482.88	512.71	660.86
Income Tax Expense	89.73	62.75	68.97	82.83	49.2	77.65
Earnings From Continuing Operations	388.33	299.44	301.88	400.05	463.51	583.21
Minority Interest in Earnings	0	0.01	0.01	0	0.55	1.01
Net Income	388.33	299.45	301.89	400.06	464.06	584.23
Net Income to Common	388.33	299.45	301.89	400.06	464.06	584.23
Net Income Growth	40.96%	-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)	0.52	0.40	0.40	0.53	0.61	0.75
EPS (Diluted)	0.52	0.40	0.40	0.53	0.61	0.75
EPS Growth	40.96%	-0.81%	-24.54%	-13.00%	-18.48%	1.19%
Free Cash Flow	-144.49	444	459.02	914.39	978.94	796.98
Free Cash Flow Per Share	-0.19	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	20.59%	0%	-21.74%	-23.33%	-9.09%	6.45%
Gross Margin	29.88%	26.24%	24.96%	19.73%	19.06%	20.83%
Operating Margin	16.11%	12.33%	12.77%	18.36%	18.60%	22.31%
Profit Margin	16.89%	13.51%	12.33%	14.98%	16.22%	18.56%
Free Cash Flow Margin	-6.28%	20.03%	18.75%	34.24%	34.22%	25.32%
EBITDA	673.9	654.21	762.67	978.19	1,042	1,227
EBITDA Margin	29.31%	29.51%	31.15%	36.63%	36.41%	38.98%
D&A For EBITDA	303.59	380.91	449.96	487.96	509.59	524.95
EBIT	370.31	273.3	312.71	490.23	532.15	702.29
EBIT Margin	16.11%	12.33%	12.77%	18.36%	18.60%	22.31%
Effective Tax Rate	18.77%	17.32%	18.60%	17.15%	9.60%	11.75%
Revenue as Reported	2,387	2,255	2,474	2,927	3,123	3,419

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