Grand Canal Land PCL (BKK:GLAND)

Grand Canal Land 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	1,613	1,610	1,552	1,515	1,555	1,469
Other Revenue	20.42	15.68	10.01	24.39	12.81	15.94
Revenue	1,633	1,625	1,562	1,539	1,568	1,485
Revenue Growth (YoY)	3.66%	4.04%	1.52%	-1.86%	5.63%	-17.13%
Cost of Revenue	400.18	419.92	408.84	383.65	328.35	309.02
Gross Profit	1,233	1,205	1,154	1,155	1,240	1,175
Selling, General & Admin	319.53	326.97	305.69	298.35	307.39	245.83
Operating Expenses	319.08	326.52	305.96	293.35	310.46	246.09
Operating Income	913.68	878.98	847.55	861.98	929.34	929.4
Interest Expense	-210	-230.42	-209.98	-140.64	-156.9	-198.94
Interest & Investment Income	118.67	120.56	100.95	76.49	84.8	104.32
Earnings From Equity Investments	9.51	1.62	1.32	0.79	6.01	206.15
EBT Excluding Unusual Items	833.73	770.74	739.83	798.63	863.25	1,041
Asset Writedown	-162.28	-161.89	-160.34	152.37	-66.23	-94.41
Pretax Income	671.45	608.85	579.49	951	797.02	946.52
Income Tax Expense	146.06	152.89	144.82	197.15	170.32	206.83
Earnings From Continuing Operations	525.39	455.96	434.67	753.84	626.7	739.69
Minority Interest in Earnings	-45.24	-34.96	-16.7	-40.13	-52.88	-23.74
Net Income	480.15	420.99	417.97	713.71	573.82	715.95
Net Income to Common	480.15	420.99	417.97	713.71	573.82	715.95
Net Income Growth	11.16%	0.73%	-41.44%	24.38%	-19.85%	-42.90%
Shares Outstanding (Basic)	6,404	6,500	6,500	6,500	6,500	6,500
Shares Outstanding (Diluted)	6,404	6,500	6,500	6,500	6,500	6,500
Shares Change (YoY)	-1.71%	-	-	-	-	-
EPS (Basic)	0.07	0.06	0.06	0.11	0.09	0.11
EPS (Diluted)	0.07	0.06	0.06	0.11	0.09	0.11
EPS Growth	13.10%	0.73%	-41.44%	24.38%	-19.85%	-42.90%
Free Cash Flow	748.07	680.13	587.81	452.27	580.3	620.73
Free Cash Flow Per Share	0.12	0.10	0.09	0.07	0.09	0.10
Dividend Per Share	0.025	0.025	0.025	-	-	-
Gross Margin	75.49%	74.17%	73.83%	75.07%	79.06%	79.18%
Operating Margin	55.95%	54.08%	54.25%	56.01%	59.26%	62.61%
Profit Margin	29.40%	25.90%	26.75%	46.38%	36.59%	48.23%
Free Cash Flow Margin	45.81%	41.84%	37.62%	29.39%	37.00%	41.81%
EBITDA	922.91	888.6	857.61	872.13	939.23	939.61
EBITDA Margin	56.52%	54.67%	54.89%	56.67%	59.89%	63.29%
D&A For EBITDA	9.23	9.62	10.06	10.15	9.88	10.21
EBIT	913.68	878.98	847.55	861.98	929.34	929.4
EBIT Margin	55.95%	54.08%	54.25%	56.01%	59.26%	62.61%
Effective Tax Rate	21.75%	25.11%	24.99%	20.73%	21.37%	21.85%
Revenue as Reported	1,752	1,746	1,663	1,768	1,653	1,589
Advertising Expenses	-	28	23	22	23	14

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