Villa Kunalai 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	593.92	663.09	728.45	1,002	991.62	799.64
Revenue	593.92	663.09	728.45	1,002	991.62	799.64
Revenue Growth (YoY)	-8.67%	-8.97%	-27.27%	1.01%	24.01%	23.12%
Cost of Revenue	436.33	505.88	551.71	735.62	672.23	582.79
Gross Profit	157.6	157.2	176.74	266	319.39	216.85
Selling, General & Admin	116.98	117.23	117.95	131.07	128.77	115.5
Operating Expenses	116.98	117.23	117.95	131.07	128.77	115.5
Operating Income	40.62	39.97	58.79	134.93	190.62	101.35
Interest Expense	-13.63	-7.36	-3.8	-4.86	-0.19	-0.24
Other Non Operating Income (Expenses)	3.76	4.72	8.81	3.56	4.77	4.15
Pretax Income	30.75	37.33	63.8	133.64	195.2	105.26
Income Tax Expense	6.59	7.68	12.96	27.01	39.46	20.62
Earnings From Continuing Operations	24.15	29.66	50.84	106.63	155.74	84.64
Minority Interest in Earnings	0.08	0.06	-0.16	-0.2	0.05	0.02
Net Income	24.24	29.72	50.68	106.43	155.79	84.66
Net Income to Common	24.24	29.72	50.68	106.43	155.79	84.66
Net Income Growth	-15.54%	-41.36%	-52.38%	-31.68%	84.02%	50.34%
Shares Outstanding (Basic)	816	787	751	714	714	714
Shares Outstanding (Diluted)	816	787	751	714	714	714
Shares Change (YoY)	4.63%	4.83%	5.21%	-	-	26.47%
EPS (Basic)	0.03	0.04	0.07	0.15	0.22	0.12
EPS (Diluted)	0.03	0.04	0.07	0.15	0.22	0.12
EPS Growth	-19.28%	-43.91%	-54.86%	-31.68%	89.11%	15.67%
Free Cash Flow	53.12	-46.11	-826.74	-156.51	-487	77.84
Free Cash Flow Per Share	0.07	-0.06	-1.10	-0.22	-0.68	0.11
Dividend Per Share	0.010	0.010	0.034	0.077	0.125	0.052
Dividend Growth	-	-71.51%	-56.18%	-38.48%	138.09%	212.50%
Gross Margin	26.53%	23.71%	24.26%	26.56%	32.21%	27.12%
Operating Margin	6.84%	6.03%	8.07%	13.47%	19.22%	12.67%
Profit Margin	4.08%	4.48%	6.96%	10.63%	15.71%	10.59%
Free Cash Flow Margin	8.94%	-6.95%	-113.49%	-15.63%	-49.11%	9.73%
EBITDA	45.08	44.98	62.71	139.07	195.45	105.97
EBITDA Margin	7.59%	6.78%	8.61%	13.88%	19.71%	13.25%
D&A For EBITDA	4.46	5.01	3.92	4.14	4.83	4.63
EBIT	40.62	39.97	58.79	134.93	190.62	101.35
EBIT Margin	6.84%	6.03%	8.07%	13.47%	19.22%	12.67%
Effective Tax Rate	21.45%	20.56%	20.31%	20.21%	20.22%	19.59%

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