Masstec Link 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
Revenue	886.47	935.82	971.79	906.48	856.59	820.44
Revenue Growth (YoY)	-2.71%	-3.70%	7.20%	5.83%	4.41%	-
Cost of Revenue	630.41	671.07	698.86	689.23	654.4	599.55
Gross Profit	256.06	264.75	272.93	217.25	202.19	220.89
Selling, General & Admin	194.31	190.6	202.86	192.62	183.02	170.38
Other Operating Expenses	-3.17	-3.81	-4.62	-2.45	-4.05	-2.32
Operating Expenses	200.2	200.97	202.2	183.15	178.97	168.06
Operating Income	55.86	63.78	70.73	34.1	23.22	52.83
Interest Expense	-12.92	-15.55	-17.78	-10.91	-9.18	-7.77
Interest & Investment Income	0.67	0.68	0.62	0.41	0.53	0.73
Currency Exchange Gain (Loss)	-1.78	2.59	-6.88	20.29	-20.24	4.85
Other Non Operating Income (Expenses)	3.96	0.33	7.43	-9.56	-3.98	-4.43
Pretax Income	45.79	51.82	54.13	34.34	-9.66	46.21
Income Tax Expense	10.52	9.91	11.78	4.92	-2.58	8.9
Net Income	35.28	41.92	42.35	29.42	-7.08	37.31
Net Income to Common	35.28	41.92	42.35	29.42	-7.08	37.31
Net Income Growth	33.47%	-1.03%	43.94%	-	-	-
Shares Outstanding (Basic)	232	212	170	170	170	170
Shares Outstanding (Diluted)	232	212	170	170	170	170
Shares Change (YoY)	22.67%	24.85%	-	-	-	-
EPS (Basic)	0.15	0.20	0.25	0.17	-0.04	0.22
EPS (Diluted)	0.15	0.20	0.25	0.17	-0.04	0.22
EPS Growth	8.81%	-20.73%	43.94%	-	-	-
Free Cash Flow	68.08	112.18	91.22	2.42	-85.18	2.47
Free Cash Flow Per Share	0.29	0.53	0.54	0.01	-0.50	0.01
Dividend Per Share	0.109	0.109	0.350	0.295	0.295	0.053
Dividend Growth	-68.86%	-68.86%	18.64%	-	456.60%	-
Gross Margin	28.88%	28.29%	28.09%	23.97%	23.60%	26.92%
Operating Margin	6.30%	6.82%	7.28%	3.76%	2.71%	6.44%
Profit Margin	3.98%	4.48%	4.36%	3.25%	-0.83%	4.55%
Free Cash Flow Margin	7.68%	11.99%	9.39%	0.27%	-9.94%	0.30%
EBITDA	66.14	74.81	81.29	45.6	35.73	58.82
EBITDA Margin	7.46%	7.99%	8.37%	5.03%	4.17%	7.17%
D&A For EBITDA	10.27	11.03	10.56	11.5	12.51	5.99
EBIT	55.86	63.78	70.73	34.1	23.22	52.83
EBIT Margin	6.30%	6.82%	7.28%	3.76%	2.71%	6.44%
Effective Tax Rate	22.96%	19.11%	21.76%	14.31%	-	19.26%

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