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 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Operating Revenue	1,522	1,552	1,610	1,552	1,515	1,555
Other Revenue	25.26	14.26	15.68	10.01	24.39	12.81
Revenue	1,547	1,566	1,625	1,562	1,539	1,568
Revenue Growth (YoY)	-5.29%	-3.67%	4.04%	1.52%	-1.86%	5.63%
Cost of Revenue	340.39	355.39	419.92	408.84	383.65	328.35
Gross Profit	1,206	1,210	1,205	1,154	1,155	1,240
Selling, General & Admin	289.88	293.88	326.97	305.69	298.35	307.39
Operating Expenses	289.91	293.91	326.52	305.96	293.35	310.46
Operating Income	916.49	916.49	878.98	847.55	861.98	929.34
Interest Expense	-190.83	-194.83	-230.42	-209.98	-140.64	-156.9
Interest & Investment Income	109.99	109.99	120.56	100.95	76.49	84.8
Earnings From Equity Investments	1.98	1.98	1.62	1.32	0.79	6.01
EBT Excluding Unusual Items	832.63	833.63	770.74	739.83	798.63	863.25
Asset Writedown	-219.49	-219.49	-161.89	-160.34	152.37	-66.23
Pretax Income	613.14	614.14	608.85	579.49	951	797.02
Income Tax Expense	146.01	152.01	152.89	144.82	197.15	170.32
Earnings From Continuing Operations	467.12	462.12	455.96	434.67	753.84	626.7
Minority Interest in Earnings	-27.98	-27.98	-34.96	-16.7	-40.13	-52.88
Net Income	439.15	434.15	420.99	417.97	713.71	573.82
Net Income to Common	439.15	434.15	420.99	417.97	713.71	573.82
Net Income Growth	-0.08%	3.13%	0.73%	-41.44%	24.38%	-19.85%
Shares Outstanding (Basic)	6,500	6,500	6,500	6,500	6,500	6,500
Shares Outstanding (Diluted)	6,500	6,500	6,500	6,500	6,500	6,500
Shares Change (YoY)	0.39%	-	-	-	-	-
EPS (Basic)	0.07	0.07	0.06	0.06	0.11	0.09
EPS (Diluted)	0.07	0.07	0.06	0.06	0.11	0.09
EPS Growth	-0.47%	3.13%	0.73%	-41.44%	24.38%	-19.85%
Free Cash Flow	-	656.87	680.13	587.81	452.27	580.3
Free Cash Flow Per Share	-	0.10	0.10	0.09	0.07	0.09
Dividend Per Share	0.025	0.025	0.025	0.025	-	-
Gross Margin	77.99%	77.30%	74.17%	73.83%	75.07%	79.06%
Operating Margin	59.25%	58.53%	54.08%	54.25%	56.01%	59.26%
Profit Margin	28.39%	27.73%	25.90%	26.75%	46.38%	36.59%
Free Cash Flow Margin	-	41.95%	41.84%	37.62%	29.39%	37.00%
EBITDA	924.82	924.94	888.6	857.61	872.13	939.23
EBITDA Margin	59.79%	59.07%	54.67%	54.89%	56.67%	59.89%
D&A For EBITDA	8.33	8.45	9.62	10.06	10.15	9.88
EBIT	916.49	916.49	878.98	847.55	861.98	929.34
EBIT Margin	59.25%	58.53%	54.08%	54.25%	56.01%	59.26%
Effective Tax Rate	23.81%	24.75%	25.11%	24.99%	20.73%	21.37%
Revenue as Reported	1,657	1,676	1,746	1,663	1,768	1,653
Advertising Expenses	-	16	28	23	22	23

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