Ichitan Group PCL (BKK:ICHI)

Ichitan Group 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	7,115	7,557	7,072	5,519	4,574	4,509
Other Revenue	143.44	58.81	27.5	18.31	22.35	8.42
Revenue	7,259	7,616	7,099	5,538	4,596	4,518
Revenue Growth (YoY)	-6.65%	7.28%	28.20%	20.48%	1.74%	-6.07%
Cost of Revenue	5,116	5,345	5,185	4,333	3,567	3,504
Gross Profit	2,143	2,271	1,914	1,205	1,030	1,014
Selling, General & Admin	584.98	588.18	549.58	465.18	433.69	458.17
Operating Expenses	584.98	588.18	549.58	465.18	433.69	458.17
Operating Income	1,558	1,683	1,365	739.7	596.03	555.93
Interest Expense	-1.23	-1.52	-1.83	-1.75	-2.63	-13.93
Interest & Investment Income	16.36	17.94	7.64	0.93	0.16	0.25
Earnings From Equity Investments	5.99	9.27	4.61	82.25	58.95	27.95
EBT Excluding Unusual Items	1,579	1,708	1,375	821.13	652.51	570.21
Asset Writedown	-	-	-	-	-11.68	-
Pretax Income	1,579	1,708	1,375	821.13	640.84	570.21
Income Tax Expense	361.94	402.22	274.61	179.49	94.06	54.68
Net Income	1,217	1,306	1,100	641.64	546.77	515.53
Net Income to Common	1,217	1,306	1,100	641.64	546.77	515.53
Net Income Growth	-12.75%	18.71%	71.50%	17.35%	6.06%	26.53%
Shares Outstanding (Basic)	1,290	1,300	1,300	1,300	1,300	1,300
Shares Outstanding (Diluted)	1,290	1,300	1,300	1,300	1,300	1,300
Shares Change (YoY)	-1.38%	-	-	-	-	-
EPS (Basic)	0.94	1.00	0.85	0.49	0.42	0.40
EPS (Diluted)	0.94	1.00	0.85	0.49	0.42	0.40
EPS Growth	-11.53%	18.71%	71.50%	17.35%	6.06%	26.53%
Free Cash Flow	1,589	1,264	1,363	1,059	1,034	1,158
Free Cash Flow Per Share	1.23	0.97	1.05	0.81	0.80	0.89
Dividend Per Share	1.050	1.100	1.000	0.600	0.500	0.500
Dividend Growth	-4.54%	10.00%	66.67%	20.00%	-	42.86%
Gross Margin	29.52%	29.82%	26.96%	21.76%	22.40%	22.45%
Operating Margin	21.46%	22.10%	19.22%	13.36%	12.97%	12.31%
Profit Margin	16.77%	17.15%	15.50%	11.59%	11.90%	11.41%
Free Cash Flow Margin	21.89%	16.60%	19.20%	19.13%	22.49%	25.64%
EBITDA	2,132	2,240	1,918	1,294	1,169	1,134
EBITDA Margin	29.38%	29.41%	27.01%	23.37%	25.43%	25.09%
D&A For EBITDA	574.3	556.88	553.18	554.5	572.64	577.77
EBIT	1,558	1,683	1,365	739.7	596.03	555.93
EBIT Margin	21.46%	22.10%	19.22%	13.36%	12.97%	12.31%
Effective Tax Rate	22.92%	23.54%	19.97%	21.86%	14.68%	9.59%
Revenue as Reported	8,312	8,671	8,085	6,360	5,251	5,108
Advertising Expenses	-	345.44	351.45	268.86	257.25	276.73

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.