JAS Asset 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
Rental Revenue	426.19	385.2	383.23	345.21	271.72
Other Revenue	260.67	242.87	149.76	176.23	111.87
Total Revenue	686.86	628.07	532.99	521.44	383.59
Revenue Growth (YoY	9.36%	17.84%	2.21%	35.94%	-25.15%
Property Expenses	363.6	316.35	214.22	195.27	113.93
Selling, General & Administrative	235.46	232.46	227.82	164.29	122.44
Other Operating Expenses	-13.86	-14.62	-28.78	-34.58	-49.9
Total Operating Expenses	585.2	534.2	413.26	324.98	186.47
Operating Income	101.66	93.88	119.73	196.46	197.12
Interest Expense	-163.66	-123.77	-93.48	-70.19	-66.07
Interest & Investment Income	-	0.32	1.25	-	1.28
Income (Loss) on Equity Investments	-2.34	-	-	-	-
Other Non-Operating Income	1.02	-	-	-	-
EBT Excluding Unusual Items	-63.32	-29.57	27.49	126.28	132.33
Asset Writedown	-666.9	241.26	235.45	135.6	65.59
Pretax Income	-730.22	211.68	262.94	261.87	197.92
Income Tax Expense	54.75	46.07	70.34	59.54	36.48
Earnings From Continuing Operations	-784.97	165.61	192.6	202.34	161.44
Net Income	-784.97	165.61	192.6	202.34	161.44
Net Income to Common	-784.97	165.61	192.6	202.34	161.44
Net Income Growth	-	-14.01%	-4.81%	25.33%	186.05%
Basic Shares Outstanding	1,461	1,434	1,140	1,064	912
Diluted Shares Outstanding	1,461	1,434	1,140	1,069	933
Shares Change (YoY)	1.83%	25.79%	6.65%	14.56%	17.58%
EPS (Basic)	-0.54	0.12	0.17	0.19	0.18
EPS (Diluted)	-0.54	0.12	0.17	0.19	0.17
EPS Growth	-	-31.64%	-10.74%	9.36%	143.33%
Dividend Per Share	-	-	-	0.030	0.030
Operating Margin	14.80%	14.95%	22.46%	37.68%	51.39%
Profit Margin	-114.28%	26.37%	36.14%	38.80%	42.09%
EBITDA	161.23	137.07	135.18	206.02	211.4
EBITDA Margin	23.47%	21.82%	25.36%	39.51%	55.11%
D&A For Ebitda	59.57	43.19	15.45	9.56	14.29
EBIT	101.66	93.88	119.73	196.46	197.12
EBIT Margin	14.80%	14.95%	22.46%	37.68%	51.39%
Effective Tax Rate	-	21.76%	26.75%	22.73%	18.43%
Revenue as Reported	686.86	631.18	552.33	522.19	383.59

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