MK Restaurant Group PCL (BKK:M)

MK Restaurant Group PCL Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Operating Revenue	15,615	15,109	15,418	16,661	15,728	11,182
Other Revenue	278.05	311.72	391.14	312.8	210.29	186.5
Revenue	15,893	15,421	15,809	16,974	15,938	11,368
Revenue Growth (YoY)	3.17%	-2.46%	-6.86%	6.50%	40.20%	-16.54%
Cost of Revenue	5,693	5,343	5,028	5,648	5,461	4,015
Gross Profit	10,200	10,078	10,781	11,326	10,477	7,353
Selling, General & Admin	9,231	9,015	9,006	9,288	8,646	7,170
Operating Expenses	9,231	9,015	9,006	9,288	8,646	7,170
Operating Income	969.51	1,063	1,775	2,039	1,831	183.25
Interest Expense	-89.04	-92.25	-104.35	-95.12	-86.71	-69.17
Interest & Investment Income	24.45	24.45	47.21	52.57	39.01	20.75
Earnings From Equity Investments	3.8	5.52	7.88	-8.85	-29.13	-23.44
Other Non Operating Income (Expenses)	-2.52	0.05	0.04	0.02	0	0.01
EBT Excluding Unusual Items	906.19	1,000	1,726	1,987	1,755	111.39
Pretax Income	906.19	1,000	1,726	1,987	1,755	111.39
Income Tax Expense	151.98	163.83	264.38	279.9	307.69	-9.52
Earnings From Continuing Operations	754.22	836.66	1,461	1,707	1,447	120.91
Minority Interest in Earnings	13.47	1.31	-19.86	-25.29	-8.02	10.07
Net Income	767.69	837.96	1,442	1,682	1,439	130.98
Net Income to Common	767.69	837.96	1,442	1,682	1,439	130.98
Net Income Growth	-42.22%	-41.87%	-14.29%	16.90%	998.51%	-85.56%
Shares Outstanding (Basic)	906	904	916	921	921	936
Shares Outstanding (Diluted)	906	904	916	921	921	936
Shares Change (YoY)	-0.50%	-1.35%	-0.53%	-	-1.57%	2.08%
EPS (Basic)	0.85	0.93	1.57	1.83	1.56	0.14
EPS (Diluted)	0.85	0.93	1.57	1.83	1.56	0.14
EPS Growth	-41.93%	-41.08%	-13.83%	16.90%	1016.03%	-85.86%
Free Cash Flow	1,570	1,787	695.2	3,245	3,247	1,429
Free Cash Flow Per Share	1.73	1.98	0.76	3.52	3.53	1.53
Dividend Per Share	1.000	1.000	1.500	1.600	1.400	0.800
Dividend Growth	-33.33%	-33.33%	-6.25%	14.29%	75.00%	-20.00%
Gross Margin	64.18%	65.35%	68.19%	66.73%	65.73%	64.69%
Operating Margin	6.10%	6.89%	11.23%	12.01%	11.49%	1.61%
Profit Margin	4.83%	5.43%	9.12%	9.91%	9.03%	1.15%
Free Cash Flow Margin	9.88%	11.59%	4.40%	19.11%	20.37%	12.57%
EBITDA	1,547	1,630	2,365	2,682	2,496	855.52
EBITDA Margin	9.73%	10.57%	14.96%	15.80%	15.66%	7.53%
D&A For EBITDA	577.23	567.49	590.16	643.25	664.86	672.27
EBIT	969.51	1,063	1,775	2,039	1,831	183.25
EBIT Margin	6.10%	6.89%	11.23%	12.01%	11.49%	1.61%
Effective Tax Rate	16.77%	16.38%	15.32%	14.09%	17.54%	-
Revenue as Reported	15,893	15,421	15,809	16,974	15,938	11,368
Advertising Expenses	-	336.2	275.56	229.97	153.26	105.41

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