Mandarin Hotel PCL (BKK:MANRIN)

Mandarin Hotel PCL Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	362.23	375.58	323.95	164.7	22.97
Revenue Growth (YoY)	-3.55%	15.94%	96.69%	617.00%	-78.29%
Cost of Revenue	213.74	210.68	205.05	153.37	91.53
Gross Profit	148.5	164.9	118.9	11.33	-68.56
Selling, General & Admin	89.69	87.89	74.22	44.37	35.74
Other Operating Expenses	-1.01	-1.16	-1.34	-2.59	-1.7
Operating Expenses	88.68	86.73	72.88	41.78	34.05
Operating Income	59.82	78.17	46.02	-30.44	-102.61
Interest Expense	-8.05	-13.35	-11.25	-12.64	-15.98
Interest & Investment Income	0.13	0.31	0.3	0.28	1.14
EBT Excluding Unusual Items	51.9	65.13	35.08	-42.81	-117.45
Gain (Loss) on Sale of Investments	-	-	-	-	0.58
Gain (Loss) on Sale of Assets	-	-	-	-	52.63
Pretax Income	51.9	65.13	35.08	-42.81	-64.24
Income Tax Expense	12.08	14.31	0.39	-2.93	-15.4
Net Income	39.82	50.82	34.68	-39.89	-48.84
Net Income to Common	39.82	50.82	34.68	-39.89	-48.84
Net Income Growth	-21.65%	46.53%	-	-	-
Shares Outstanding (Basic)	27	27	27	27	27
Shares Outstanding (Diluted)	27	27	27	27	27
EPS (Basic)	1.48	1.89	1.29	-1.48	-1.82
EPS (Diluted)	1.48	1.89	1.29	-1.48	-1.82
EPS Growth	-21.65%	46.53%	-	-	-
Free Cash Flow	78.39	95.8	62.27	10.99	-80.51
Free Cash Flow Per Share	2.91	3.56	2.31	0.41	-2.99
Gross Margin	40.99%	43.91%	36.70%	6.88%	-298.47%
Operating Margin	16.51%	20.81%	14.21%	-18.48%	-446.69%
Profit Margin	10.99%	13.53%	10.71%	-24.22%	-212.63%
Free Cash Flow Margin	21.64%	25.51%	19.22%	6.67%	-350.49%
EBITDA	94.12	109.2	76.37	5.85	-66.09
EBITDA Margin	25.98%	29.08%	23.57%	3.55%	-287.71%
D&A For EBITDA	34.3	31.04	30.35	36.29	36.52
EBIT	59.82	78.17	46.02	-30.44	-102.61
EBIT Margin	16.51%	20.81%	14.21%	-18.48%	-
Effective Tax Rate	23.28%	21.97%	1.12%	-	-

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