Karmarts 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
Operating Revenue	3,459	3,174	2,424	1,864	1,291
Other Revenue	25.63	29.78	24.16	11.48	9.62
Revenue	3,484	3,204	2,448	1,875	1,301
Revenue Growth (YoY)	8.75%	30.89%	30.54%	44.17%	-1.92%
Cost of Revenue	1,550	1,464	1,149	954.54	673.09
Gross Profit	1,934	1,740	1,299	920.62	627.6
Selling, General & Admin	1,067	870.39	630.73	531.05	458.11
Other Operating Expenses	-	-	-	-	-202.3
Operating Expenses	1,067	870.39	630.73	531.05	255.81
Operating Income	867.38	869.85	668.3	389.56	371.79
Interest Expense	-22.02	-17.55	-14.31	-13.24	-6.55
Interest & Investment Income	17.45	28.73	7.5	0.38	1.03
Earnings From Equity Investments	24.55	-6.5	50.32	1.1	0.46
Other Non Operating Income (Expenses)	-	-1.66	-1.26	-1.3	-1.15
EBT Excluding Unusual Items	887.35	872.87	710.57	376.51	365.59
Gain (Loss) on Sale of Investments	-9.44	-58.6	92.18	-	-
Asset Writedown	0.1	39.57	5.14	33.4	-0.7
Pretax Income	878.01	853.84	807.89	409.91	364.89
Income Tax Expense	172.42	172.14	144.72	84.51	72.21
Earnings From Continuing Operations	705.59	681.7	663.17	325.4	292.68
Minority Interest in Earnings	1.11	-3.74	-2.2	1.6	0.19
Net Income	706.69	677.96	660.97	327	292.87
Net Income to Common	706.69	677.96	660.97	327	292.87
Net Income Growth	4.24%	2.57%	102.13%	11.65%	120.50%
Shares Outstanding (Basic)	1,279	1,283	1,084	1,027	1,027
Shares Outstanding (Diluted)	1,285	1,283	1,084	1,027	1,027
Shares Change (YoY)	0.12%	18.35%	5.62%	-	-
EPS (Basic)	0.55	0.53	0.61	0.32	0.29
EPS (Diluted)	0.55	0.53	0.61	0.32	0.29
EPS Growth	4.11%	-13.33%	91.38%	11.65%	120.50%
Free Cash Flow	510.93	209.14	452.38	-64.31	392.79
Free Cash Flow Per Share	0.40	0.16	0.42	-0.06	0.38
Dividend Per Share	-	0.410	0.309	0.223	0.154
Dividend Growth	-	32.86%	38.45%	44.46%	28.58%
Gross Margin	55.52%	54.32%	53.07%	49.09%	48.25%
Operating Margin	24.89%	27.15%	27.30%	20.77%	28.58%
Profit Margin	20.28%	21.16%	27.00%	17.44%	22.52%
Free Cash Flow Margin	14.66%	6.53%	18.48%	-3.43%	30.20%
EBITDA	924.41	909.91	706.4	427.33	405.97
EBITDA Margin	26.53%	28.40%	28.86%	22.79%	31.21%
D&A For EBITDA	57.04	40.06	38.1	37.77	34.18
EBIT	867.38	869.85	668.3	389.56	371.79
EBIT Margin	24.89%	27.15%	27.30%	20.77%	28.58%
Effective Tax Rate	19.64%	20.16%	17.91%	20.62%	19.79%
Revenue as Reported	3,484	3,204	2,448	1,875	1,503
Advertising Expenses	-	285.17	145.19	115.55	75.9

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