Masstec Link PCL Income Statement

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

Millions THB. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	859.02	935.82	971.79	906.48	856.59
Revenue Growth (YoY)	-8.21%	-3.70%	7.20%	5.83%	4.41%
Cost of Revenue	615.33	671.07	698.86	689.23	654.4
Gross Profit	243.68	264.75	272.93	217.25	202.19
Selling, General & Admin	195.13	190.6	202.86	192.62	183.02
Other Operating Expenses	-3.05	-3.81	-4.62	-2.45	-4.05
Operating Expenses	205.43	200.97	202.2	183.15	178.97
Operating Income	38.26	63.78	70.73	34.1	23.22
Interest Expense	-11.72	-15.55	-17.78	-10.91	-9.18
Interest & Investment Income	0.68	0.68	0.62	0.41	0.53
Currency Exchange Gain (Loss)	1.13	2.59	-6.88	20.29	-20.24
Other Non Operating Income (Expenses)	0.98	0.33	7.43	-9.56	-3.98
Pretax Income	29.33	51.82	54.13	34.34	-9.66
Income Tax Expense	6.44	9.91	11.78	4.92	-2.58
Net Income	22.89	41.92	42.35	29.42	-7.08
Net Income to Common	22.89	41.92	42.35	29.42	-7.08
Net Income Growth	-45.40%	-1.03%	43.94%	-	-
Shares Outstanding (Basic)	236	212	170	170	170
Shares Outstanding (Diluted)	236	212	170	170	170
Shares Change (YoY)	11.36%	24.85%	-	-	-
EPS (Basic)	0.10	0.20	0.25	0.17	-0.04
EPS (Diluted)	0.10	0.20	0.25	0.17	-0.04
EPS Growth	-50.97%	-20.73%	43.94%	-	-
Free Cash Flow	11.21	112.18	91.22	2.42	-85.18
Free Cash Flow Per Share	0.05	0.53	0.54	0.01	-0.50
Dividend Per Share	0.140	0.109	0.350	0.295	0.295
Dividend Growth	28.44%	-68.86%	18.64%	-	456.60%
Gross Margin	28.37%	28.29%	28.09%	23.97%	23.60%
Operating Margin	4.45%	6.82%	7.28%	3.76%	2.71%
Profit Margin	2.66%	4.48%	4.36%	3.25%	-0.83%
Free Cash Flow Margin	1.31%	11.99%	9.39%	0.27%	-9.94%
EBITDA	48.62	74.81	81.29	45.6	35.73
EBITDA Margin	5.66%	7.99%	8.37%	5.03%	4.17%
D&A For EBITDA	10.36	11.03	10.56	11.5	12.51
EBIT	38.26	63.78	70.73	34.1	23.22
EBIT Margin	4.45%	6.82%	7.28%	3.76%	2.71%
Effective Tax Rate	21.96%	19.11%	21.76%	14.31%	-

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