Villa Kunalai 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	514.01	663.09	728.45	1,002	991.62
Revenue	514.01	663.09	728.45	1,002	991.62
Revenue Growth (YoY)	-22.48%	-8.97%	-27.27%	1.01%	24.01%
Cost of Revenue	379.45	505.88	551.71	735.62	672.23
Gross Profit	134.57	157.2	176.74	266	319.39
Selling, General & Admin	113.7	117.23	117.95	131.07	128.77
Operating Expenses	113.7	117.23	117.95	131.07	128.77
Operating Income	20.86	39.97	58.79	134.93	190.62
Interest Expense	-18.29	-7.36	-3.8	-4.86	-0.19
Other Non Operating Income (Expenses)	2.43	4.72	8.81	3.56	4.77
Pretax Income	5	37.33	63.8	133.64	195.2
Income Tax Expense	1.47	7.68	12.96	27.01	39.46
Earnings From Continuing Operations	3.53	29.66	50.84	106.63	155.74
Minority Interest in Earnings	0.08	0.06	-0.16	-0.2	0.05
Net Income	3.61	29.72	50.68	106.43	155.79
Net Income to Common	3.61	29.72	50.68	106.43	155.79
Net Income Growth	-87.86%	-41.36%	-52.38%	-31.68%	84.02%
Shares Outstanding (Basic)	819	781	751	714	714
Shares Outstanding (Diluted)	819	781	751	714	714
Shares Change (YoY)	4.96%	3.94%	5.21%	-	-
EPS (Basic)	0.00	0.04	0.07	0.15	0.22
EPS (Diluted)	0.00	0.04	0.07	0.15	0.22
EPS Growth	-89.48%	-43.54%	-54.86%	-31.68%	89.11%
Free Cash Flow	11.69	-46.11	-826.74	-156.51	-487
Free Cash Flow Per Share	0.01	-0.06	-1.10	-0.22	-0.68
Dividend Per Share	-	0.010	0.034	0.077	0.125
Dividend Growth	-	-71.51%	-56.18%	-38.48%	138.09%
Gross Margin	26.18%	23.71%	24.26%	26.56%	32.21%
Operating Margin	4.06%	6.03%	8.07%	13.47%	19.22%
Profit Margin	0.70%	4.48%	6.96%	10.63%	15.71%
Free Cash Flow Margin	2.27%	-6.95%	-113.49%	-15.63%	-49.11%
EBITDA	26.07	44.98	62.71	139.07	195.45
EBITDA Margin	5.07%	6.78%	8.61%	13.88%	19.71%
D&A For EBITDA	5.2	5.01	3.92	4.14	4.83
EBIT	20.86	39.97	58.79	134.93	190.62
EBIT Margin	4.06%	6.03%	8.07%	13.47%	19.22%
Effective Tax Rate	29.40%	20.56%	20.31%	20.21%	20.22%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.