BKK:GRAND Income Statement

Financials in millions THB. Fiscal year is January - December.

Millions THB. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	2,055	2,637	2,621	1,726	514.65
Revenue	2,055	2,637	2,621	1,726	514.65
Revenue Growth (YoY)	-22.07%	0.58%	51.88%	235.36%	-48.52%
Cost of Revenue	1,055	1,272	1,359	1,142	841.25
Gross Profit	999.42	1,365	1,262	583.5	-326.6
Selling, General & Admin	1,200	1,418	1,334	1,033	642.9
Other Operating Expenses	-114.4	-101.78	-	-	-
Operating Expenses	1,495	1,316	1,332	1,033	642.38
Operating Income	-495.87	48.79	-69.81	-449.6	-968.98
Interest Expense	-788.07	-1,030	-1,032	-883.06	-687.9
Interest & Investment Income	5.62	11.06	85.66	92.69	75.73
Earnings From Equity Investments	-53.71	32.66	62.82	31.87	-28.32
Other Non Operating Income (Expenses)	-	-	57.48	75.4	59.17
EBT Excluding Unusual Items	-1,332	-937.25	-895.65	-1,133	-1,550
Asset Writedown	-150	156.9	-	-	-560
Other Unusual Items	-	-	-	-	0.05
Pretax Income	-1,482	-780.35	-895.65	-1,133	-2,110
Income Tax Expense	90.87	-105.29	-140.3	-181.22	-375.42
Earnings From Continuing Operations	-1,573	-675.06	-755.35	-951.47	-1,735
Minority Interest in Earnings	29.43	1.78	2.34	5.25	6.53
Net Income	-1,543	-673.28	-753.01	-946.22	-1,728
Net Income to Common	-1,543	-673.28	-753.01	-946.22	-1,728
Shares Outstanding (Basic)	9,341	9,341	9,341	8,895	7,232
Shares Outstanding (Diluted)	9,341	9,341	9,341	8,895	7,232
Shares Change (YoY)	-	-	5.02%	22.99%	-
EPS (Basic)	-0.17	-0.07	-0.08	-0.11	-0.24
EPS (Diluted)	-0.17	-0.07	-0.08	-0.11	-0.24
Free Cash Flow	-98.22	-958.07	-25.48	-380.2	-921.04
Free Cash Flow Per Share	-0.01	-0.10	-0.00	-0.04	-0.13
Gross Margin	48.64%	51.77%	48.15%	33.81%	-63.46%
Operating Margin	-24.14%	1.85%	-2.66%	-26.05%	-188.28%
Profit Margin	-75.12%	-25.54%	-28.73%	-54.82%	-335.82%
Free Cash Flow Margin	-4.78%	-36.34%	-0.97%	-22.03%	-178.97%
EBITDA	-206.04	412.37	163.92	-192.5	-636.13
EBITDA Margin	-10.03%	15.64%	6.25%	-11.15%	-123.60%
D&A For EBITDA	289.83	363.58	233.72	257.1	332.86
EBIT	-495.87	48.79	-69.81	-449.6	-968.98
EBIT Margin	-24.14%	1.85%	-2.66%	-26.05%	-188.28%
Revenue as Reported	2,055	2,637	2,621	1,726	514.65
Advertising Expenses	-	-	107.71	81.97	30.35

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.