MASTER Income Statement

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

Millions THB. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun '24 Jun 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Operating Revenue	2,000	1,917	1,483	659.51	609.78	414.03
Other Revenue	33.67	26.83	7.46	30.47	-	-
Revenue	2,034	1,944	1,490	689.98	609.78	414.03
Revenue Growth (YoY)	14.29%	30.44%	115.96%	13.15%	47.28%	-
Cost of Revenue	811.84	784.87	641.25	311.65	307.93	232.42
Gross Profit	1,222	1,159	848.8	378.33	301.85	181.61
Selling, General & Admin	671.53	633.92	462.82	167.13	139.84	105.39
Other Operating Expenses	-	-	-	-	-4.38	-4.92
Operating Expenses	671.53	633.92	462.82	167.13	135.47	100.47
Operating Income	550.33	524.8	385.99	211.2	166.39	81.14
Interest Expense	-13.66	-13.88	-9.12	-6.92	-5.48	-0.71
Interest & Investment Income	5.58	5.34	0.31	0.18	-	-
Earnings From Equity Investments	21.45	4.77	-	-	-	-
Pretax Income	563.71	521.03	377.17	204.47	160.9	80.42
Income Tax Expense	106.64	104.73	76.25	41.67	33.37	16.59
Earnings From Continuing Operations	457.06	416.3	300.92	162.8	127.53	63.83
Minority Interest in Earnings	-	-	-	-	-	-2.59
Net Income	457.06	416.3	300.92	162.8	127.53	61.25
Net Income to Common	457.06	416.3	300.92	162.8	127.53	61.25
Net Income Growth	44.25%	38.34%	84.84%	27.65%	108.23%	-
Shares Outstanding (Basic)	301	299	222	127	107	11
Shares Outstanding (Diluted)	301	299	222	127	107	11
Shares Change (YoY)	9.95%	34.85%	74.48%	18.62%	896.89%	-
EPS (Basic)	1.52	1.39	1.36	1.28	1.19	5.70
EPS (Diluted)	1.52	1.39	1.36	1.28	1.19	5.70
EPS Growth	31.20%	2.59%	5.94%	7.62%	-79.11%	-
Free Cash Flow	-88.99	-282.68	185.95	206.9	162.36	196.51
Free Cash Flow Per Share	-0.30	-0.95	0.84	1.63	1.52	18.30
Dividend Per Share	0.013	0.022	0.239	1.193	0.795	-
Dividend Growth	-	-90.70%	-80.00%	49.99%	-	-
Gross Margin	60.08%	59.62%	56.96%	54.83%	49.50%	43.86%
Operating Margin	27.06%	27.00%	25.90%	30.61%	27.29%	19.60%
Profit Margin	22.47%	21.42%	20.20%	23.59%	20.91%	14.79%
Free Cash Flow Margin	-4.38%	-14.54%	12.48%	29.99%	26.63%	47.46%
EBITDA	639.5	574.55	409.95	231.04	185.22	97.53
EBITDA Margin	31.44%	29.56%	27.51%	33.48%	30.37%	23.56%
D&A For EBITDA	89.17	49.75	23.97	19.83	18.83	16.39
EBIT	550.33	524.8	385.99	211.2	166.39	81.14
EBIT Margin	27.06%	27.00%	25.90%	30.61%	27.29%	19.60%
Effective Tax Rate	18.92%	20.10%	20.22%	20.38%	20.74%	20.63%
Revenue as Reported	2,034	1,944	1,490	689.98	-	-

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