I.C.C. International PCL 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
Revenue	8,337	8,735	8,843	8,479	6,803
Revenue Growth (YoY)	-4.55%	-1.22%	4.29%	24.65%	-12.89%
Cost of Revenue	5,792	6,351	6,297	5,927	4,861
Gross Profit	2,546	2,384	2,545	2,552	1,942
Selling, General & Admin	3,258	3,023	2,783	2,880	2,415
Other Operating Expenses	-299.32	-283.9	-268.25	-204.29	-260.51
Operating Expenses	2,958	2,739	2,515	2,676	2,154
Operating Income	-412.82	-354.94	30.65	-123.07	-212.88
Interest Expense	-23.92	-20.54	-16.07	-11.48	-10.01
Interest & Investment Income	1,187	1,401	921.03	340.39	379.65
Earnings From Equity Investments	-39.3	8	-2.03	14.99	14.81
EBT Excluding Unusual Items	711.14	1,033	933.57	220.84	171.56
Gain (Loss) on Sale of Investments	-	-	-	28.14	-
Gain (Loss) on Sale of Assets	-	-45.16	-	392.65	-
Other Unusual Items	-	29.68	-	11.47	-
Pretax Income	711.14	1,018	933.57	653.11	171.56
Income Tax Expense	-86.09	22.78	34.12	41.01	57.52
Earnings From Continuing Operations	797.23	994.77	899.45	612.1	114.04
Minority Interest in Earnings	-1.53	-11.81	-5.23	6.72	7.5
Net Income	795.7	982.95	894.22	618.82	121.54
Net Income to Common	795.7	982.95	894.22	618.82	121.54
Net Income Growth	-19.05%	9.92%	44.50%	409.13%	-
Shares Outstanding (Basic)	500	500	500	500	500
Shares Outstanding (Diluted)	500	500	500	500	500
EPS (Basic)	1.59	1.97	1.79	1.24	0.24
EPS (Diluted)	1.59	1.97	1.79	1.24	0.24
EPS Growth	-19.05%	9.92%	44.50%	409.14%	-
Free Cash Flow	11.25	-209.43	46.97	316.94	507.21
Free Cash Flow Per Share	0.02	-0.42	0.09	0.63	1.01
Dividend Per Share	0.700	0.630	0.663	0.581	0.203
Dividend Growth	11.11%	-4.92%	13.99%	185.79%	39.99%
Gross Margin	30.53%	27.30%	28.79%	30.10%	28.54%
Operating Margin	-4.95%	-4.06%	0.35%	-1.45%	-3.13%
Profit Margin	9.54%	11.25%	10.11%	7.30%	1.79%
Free Cash Flow Margin	0.14%	-2.40%	0.53%	3.74%	7.46%
EBITDA	-246.25	-193.88	189.33	46.85	-95.27
EBITDA Margin	-2.95%	-2.22%	2.14%	0.55%	-1.40%
D&A For EBITDA	166.57	161.06	158.68	169.92	117.61
EBIT	-412.82	-354.94	30.65	-123.07	-212.88
EBIT Margin	-4.95%	-4.06%	0.35%	-1.45%	-3.13%
Effective Tax Rate	-	2.24%	3.65%	6.28%	33.53%
Advertising Expenses	822.07	664.59	554.58	571.41	419.79

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