Karmarts PCL Income Statement

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

Millions THB. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	3,426	3,174	2,424	1,864	1,291	1,315
Other Revenue	21.08	29.78	24.16	11.48	9.62	10.96
Revenue	3,447	3,204	2,448	1,875	1,301	1,326
Revenue Growth (YoY)	14.83%	30.89%	30.54%	44.17%	-1.92%	-12.98%
Cost of Revenue	1,551	1,464	1,149	954.54	673.09	638.2
Gross Profit	1,896	1,740	1,299	920.62	627.6	687.91
Selling, General & Admin	1,053	870.39	630.73	531.05	458.11	509.02
Other Operating Expenses	-	-	-	-	-202.3	-
Operating Expenses	1,053	870.39	630.73	531.05	255.81	509.02
Operating Income	843.31	869.85	668.3	389.56	371.79	178.89
Interest Expense	-20.27	-17.55	-14.31	-13.24	-6.55	-9.26
Interest & Investment Income	21.91	28.73	7.5	0.38	1.03	1.05
Earnings From Equity Investments	11.04	-6.5	50.32	1.1	0.46	-1.25
Other Non Operating Income (Expenses)	-1.66	-1.66	-1.26	-1.3	-1.15	-1.12
EBT Excluding Unusual Items	854.33	872.87	710.57	376.51	365.59	168.31
Gain (Loss) on Sale of Investments	-39.25	-58.6	92.18	-	-	-
Asset Writedown	39.57	39.57	5.14	33.4	-0.7	0.1
Pretax Income	854.66	853.84	807.89	409.91	364.89	168.41
Income Tax Expense	171.79	172.14	144.72	84.51	72.21	34.01
Earnings From Continuing Operations	682.87	681.7	663.17	325.4	292.68	134.4
Minority Interest in Earnings	-2.88	-3.74	-2.2	1.6	0.19	-1.57
Net Income	679.99	677.96	660.97	327	292.87	132.82
Net Income to Common	679.99	677.96	660.97	327	292.87	132.82
Net Income Growth	-10.02%	2.57%	102.13%	11.65%	120.50%	-49.16%
Shares Outstanding (Basic)	1,282	1,283	1,084	1,027	1,027	1,027
Shares Outstanding (Diluted)	1,282	1,283	1,084	1,027	1,027	1,027
Shares Change (YoY)	0.39%	18.35%	5.62%	-	-	-
EPS (Basic)	0.53	0.53	0.61	0.32	0.29	0.13
EPS (Diluted)	0.53	0.53	0.61	0.32	0.29	0.13
EPS Growth	-10.37%	-13.33%	91.38%	11.65%	120.50%	-49.16%
Free Cash Flow	530.54	209.14	452.38	-64.31	392.79	208.98
Free Cash Flow Per Share	0.41	0.16	0.42	-0.06	0.38	0.20
Dividend Per Share	0.454	0.410	0.309	0.223	0.154	0.120
Dividend Growth	22.31%	32.86%	38.45%	44.46%	28.58%	-50.00%
Gross Margin	55.01%	54.32%	53.07%	49.09%	48.25%	51.87%
Operating Margin	24.46%	27.15%	27.30%	20.77%	28.58%	13.49%
Profit Margin	19.72%	21.16%	27.00%	17.44%	22.52%	10.02%
Free Cash Flow Margin	15.39%	6.53%	18.48%	-3.43%	30.20%	15.76%
EBITDA	881.35	909.91	706.4	427.33	405.97	212.43
EBITDA Margin	25.56%	28.40%	28.86%	22.79%	31.21%	16.02%
D&A For EBITDA	38.05	40.06	38.1	37.77	34.18	33.55
EBIT	843.31	869.85	668.3	389.56	371.79	178.89
EBIT Margin	24.46%	27.15%	27.30%	20.77%	28.58%	13.49%
Effective Tax Rate	20.10%	20.16%	17.91%	20.62%	19.79%	20.20%
Revenue as Reported	3,447	3,204	2,448	1,875	1,503	1,326
Advertising Expenses	-	285.17	145.19	115.55	75.9	103.3

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