MK Restaurant Group Public Company Limited (BKK: M)

M Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	16,189	16,661	15,728	11,182	13,361	17,409
Other Revenue	331.23	312.8	210.29	186.5	260.63	330.14
Revenue	16,520	16,974	15,938	11,368	13,622	17,739
Revenue Growth (YoY)	-2.76%	6.50%	40.20%	-16.54%	-23.21%	3.66%
Cost of Revenue	5,324	5,648	5,461	4,015	4,577	5,483
Gross Profit	11,196	11,326	10,477	7,353	9,044	12,256
Selling, General & Admin	9,186	9,288	8,646	7,170	7,947	9,183
Operating Expenses	9,186	9,288	8,646	7,170	7,947	9,183
Operating Income	2,010	2,039	1,831	183.25	1,097	3,074
Interest Expense	-99.65	-95.12	-86.71	-69.17	-73.3	-0.69
Interest & Investment Income	55.97	52.57	39.01	20.75	33.72	131.71
Earnings From Equity Investments	1.62	-8.85	-29.13	-23.44	-6.3	-41.09
Other Non Operating Income (Expenses)	0.02	0.02	0	0.01	0.03	0.02
EBT Excluding Unusual Items	1,968	1,987	1,755	111.39	1,051	3,163
Pretax Income	1,968	1,987	1,755	111.39	1,051	3,163
Income Tax Expense	299.12	279.9	307.69	-9.52	139.88	553.25
Earnings From Continuing Operations	1,669	1,707	1,447	120.91	911.61	2,610
Minority Interest in Earnings	-24.01	-25.29	-8.02	10.07	-4.23	-6.64
Net Income	1,645	1,682	1,439	130.98	907.37	2,604
Net Income to Common	1,645	1,682	1,439	130.98	907.37	2,604
Net Income Growth	8.72%	16.90%	998.51%	-85.57%	-65.15%	1.17%
Shares Outstanding (Basic)	921	921	921	936	917	920
Shares Outstanding (Diluted)	921	921	921	936	917	920
Shares Change (YoY)	-0.00%	-	-1.57%	2.08%	-0.38%	-0.26%
EPS (Basic)	1.79	1.83	1.56	0.14	0.99	2.83
EPS (Diluted)	1.79	1.83	1.56	0.14	0.99	2.83
EPS Growth	8.73%	16.90%	1016.03%	-85.86%	-65.02%	1.43%
Free Cash Flow	2,753	3,245	3,247	1,429	1,790	2,775
Free Cash Flow Per Share	2.99	3.52	3.53	1.53	1.95	3.02
Dividend Per Share	1.500	1.600	1.400	0.800	1.000	2.600
Dividend Growth	0%	14.29%	75.00%	-20.00%	-61.54%	4.00%
Gross Margin	67.77%	66.73%	65.73%	64.69%	66.40%	69.09%
Operating Margin	12.17%	12.01%	11.49%	1.61%	8.06%	17.33%
Profit Margin	9.96%	9.91%	9.03%	1.15%	6.66%	14.68%
Free Cash Flow Margin	16.66%	19.12%	20.37%	12.57%	13.14%	15.64%
EBITDA	1,939	2,682	2,496	855.52	1,854	3,851
EBITDA Margin	11.74%	15.80%	15.66%	7.53%	13.61%	21.71%
D&A For EBITDA	-71.37	643.25	664.86	672.27	756.2	777.06
EBIT	2,010	2,039	1,831	183.25	1,097	3,074
EBIT Margin	12.17%	12.01%	11.49%	1.61%	8.06%	17.33%
Effective Tax Rate	15.20%	14.09%	17.54%	-	13.30%	17.49%
Revenue as Reported	16,520	16,974	15,938	11,368	13,622	17,739
Advertising Expenses	-	229.97	153.26	105.41	174.17	317.8

Source: S&P Capital IQ. Standard template. Financial Sources.