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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	824.1	829.21	701.81	595.7	443.76	403.9
Other Revenue	51.09	45.12	5.56	16.28	20.53	3.34
Revenue	875.2	874.33	707.37	611.98	464.29	407.24
Revenue Growth (YoY)	12.20%	23.60%	15.59%	31.81%	14.01%	9.61%
Cost of Revenue	187.99	180.94	151.59	128.65	126.05	136.24
Gross Profit	687.2	693.39	555.78	483.33	338.24	271
Selling, General & Admin	343.6	315.74	235.75	216.64	169.37	163.08
Research & Development	13.19	13.46	15.67	1.29	-	-
Operating Expenses	356.79	329.2	251.42	217.93	169.37	163.08
Operating Income	330.42	364.19	304.36	265.4	168.87	107.92
Interest Expense	-20.37	-18.42	-15.42	-15.59	-11.52	-8.42
Interest & Investment Income	37.61	22.89	5.95	33.13	16.47	-
Other Non Operating Income (Expenses)	-0	-0	0	-0	-	-
EBT Excluding Unusual Items	347.65	368.66	294.89	282.95	173.83	99.5
Gain (Loss) on Sale of Investments	-	-	-	-106.94	-28.28	-
Pretax Income	347.65	368.66	294.89	176.01	145.55	99.5
Income Tax Expense	25.29	29.92	55.32	28.82	24.19	20.35
Earnings From Continuing Operations	322.37	338.74	239.57	147.19	121.36	79.15
Minority Interest in Earnings	-	-	-	3.52	2.58	-
Net Income	322.37	338.74	239.57	150.71	123.94	79.15
Net Income to Common	322.37	338.74	239.57	150.71	123.94	79.15
Net Income Growth	19.22%	41.40%	58.96%	21.59%	56.59%	192.21%
Shares Outstanding (Basic)	996	862	548	450	406	302
Shares Outstanding (Diluted)	996	862	548	450	406	302
Shares Change (YoY)	37.85%	57.44%	21.70%	10.78%	34.54%	0.64%
EPS (Basic)	0.32	0.39	0.44	0.33	0.31	0.26
EPS (Diluted)	0.32	0.39	0.44	0.33	0.31	0.26
EPS Growth	-13.52%	-10.19%	30.61%	9.76%	16.39%	190.36%
Free Cash Flow	-34.26	32.63	296.8	259.24	158.09	90.03
Free Cash Flow Per Share	-0.03	0.04	0.54	0.58	0.39	0.30
Dividend Per Share	-	0.160	0.600	-	0.100	0.100
Dividend Growth	-	-73.33%	-	-	-	-
Gross Margin	78.52%	79.31%	78.57%	78.98%	72.85%	66.55%
Operating Margin	37.75%	41.65%	43.03%	43.37%	36.37%	26.50%
Profit Margin	36.83%	38.74%	33.87%	24.63%	26.70%	19.44%
Free Cash Flow Margin	-3.91%	3.73%	41.96%	42.36%	34.05%	22.11%
EBITDA	360.14	389.73	325.92	279.62	184.65	123.27
EBITDA Margin	41.15%	44.57%	46.08%	45.69%	39.77%	30.27%
D&A For EBITDA	29.72	25.53	21.56	14.22	15.77	15.34
EBIT	330.42	364.19	304.36	265.4	168.87	107.92
EBIT Margin	37.75%	41.65%	43.03%	43.37%	36.37%	26.50%
Effective Tax Rate	7.27%	8.12%	18.76%	16.38%	16.62%	20.45%
Revenue as Reported	875.2	874.33	707.37	644.55	478.93	407.24
Advertising Expenses	-	17.52	5.61	16.03	-	-

Updated Mar 2, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.