Medeze Group PCL (BKK:MEDEZE)

Medeze Group PCL Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	767.68	829.21	701.81	595.7	443.76	403.9
Other Revenue	58.44	45.12	5.56	16.28	20.53	3.34
Revenue	826.12	874.33	707.37	611.98	464.29	407.24
Revenue Growth (YoY)	0.33%	23.60%	15.59%	31.81%	14.01%	9.61%
Cost of Revenue	189.88	180.94	151.59	128.65	126.05	136.24
Gross Profit	636.24	693.39	555.78	483.33	338.24	271
Selling, General & Admin	331.64	315.74	235.75	216.64	169.37	163.08
Research & Development	14.59	13.46	15.67	1.29	-	-
Operating Expenses	349	329.2	251.42	217.93	169.37	163.08
Operating Income	287.24	364.19	304.36	265.4	168.87	107.92
Interest Expense	-21.29	-18.42	-15.42	-15.59	-11.52	-8.42
Interest & Investment Income	40.89	22.89	5.95	33.13	16.47	-
Other Non Operating Income (Expenses)	-0	-0	0	-0	-	-
EBT Excluding Unusual Items	306.83	368.66	294.89	282.95	173.83	99.5
Gain (Loss) on Sale of Investments	-9.47	-	-	-106.94	-28.28	-
Pretax Income	297.36	368.66	294.89	176.01	145.55	99.5
Income Tax Expense	39.15	29.92	55.32	28.82	24.19	20.35
Earnings From Continuing Operations	258.22	338.74	239.57	147.19	121.36	79.15
Minority Interest in Earnings	-	-	-	3.52	2.58	-
Net Income	258.22	338.74	239.57	150.71	123.94	79.15
Net Income to Common	258.22	338.74	239.57	150.71	123.94	79.15
Net Income Growth	-12.64%	41.40%	58.96%	21.59%	56.59%	192.21%
Shares Outstanding (Basic)	1,063	862	548	450	406	302
Shares Outstanding (Diluted)	1,063	862	548	450	406	302
Shares Change (YoY)	32.79%	57.44%	21.70%	10.78%	34.54%	0.64%
EPS (Basic)	0.24	0.39	0.44	0.33	0.31	0.26
EPS (Diluted)	0.24	0.39	0.44	0.33	0.31	0.26
EPS Growth	-34.22%	-10.19%	30.61%	9.76%	16.39%	190.36%
Free Cash Flow	-66.37	32.63	296.8	259.24	158.09	90.03
Free Cash Flow Per Share	-0.06	0.04	0.54	0.58	0.39	0.30
Dividend Per Share	0.160	0.160	0.600	-	0.100	0.100
Dividend Growth	-76.47%	-73.33%	-	-	-	-
Gross Margin	77.02%	79.31%	78.57%	78.98%	72.85%	66.55%
Operating Margin	34.77%	41.65%	43.03%	43.37%	36.37%	26.50%
Profit Margin	31.26%	38.74%	33.87%	24.63%	26.70%	19.44%
Free Cash Flow Margin	-8.04%	3.73%	41.96%	42.36%	34.05%	22.11%
EBITDA	320.38	389.73	325.92	279.62	184.65	123.27
EBITDA Margin	38.78%	44.57%	46.08%	45.69%	39.77%	30.27%
D&A For EBITDA	33.14	25.53	21.56	14.22	15.77	15.34
EBIT	287.24	364.19	304.36	265.4	168.87	107.92
EBIT Margin	34.77%	41.65%	43.03%	43.37%	36.37%	26.50%
Effective Tax Rate	13.16%	8.12%	18.76%	16.38%	16.62%	20.45%
Revenue as Reported	826.12	874.33	707.37	644.55	478.93	407.24
Advertising Expenses	-	17.52	5.61	16.03	-	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.