MFC Asset Management PCL (BKK:MFC)

MFC Asset Management 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	1,443	1,323	1,094	1,060	1,495	884.85
Other Revenue	70.25	52.53	39.31	35.91	30.66	30.22
Revenue	1,514	1,375	1,133	1,096	1,526	915.07
Revenue Growth (YoY)	18.34%	21.36%	3.44%	-28.18%	66.73%	-0.16%
Cost of Revenue	954.9	901.46	742.58	683.75	999.45	600.29
Gross Profit	558.68	473.96	390.79	411.98	526.21	314.78
Selling, General & Admin	44.81	43.53	37.39	22.44	23.6	18.59
Other Operating Expenses	162.09	145.75	114.67	111.66	115.13	105.31
Operating Expenses	206.9	189.28	152.05	134.1	138.74	123.9
Operating Income	351.78	284.68	238.73	277.88	387.48	190.88
Interest Expense	-6.93	-6.75	-3.92	-3.52	-5.8	-7.51
Pretax Income	344.84	277.93	234.82	274.36	381.68	183.36
Income Tax Expense	62.03	50.74	45.8	53.25	75.53	35.26
Earnings From Continuing Operations	282.81	227.19	189.02	221.11	306.15	148.1
Minority Interest in Earnings	-0	-0	-0	-0	-0	-0
Net Income	282.81	227.19	189.02	221.11	306.15	148.1
Net Income to Common	282.81	227.19	189.02	221.11	306.15	148.1
Net Income Growth	32.16%	20.19%	-14.52%	-27.78%	106.71%	13.54%
Shares Outstanding (Basic)	126	126	126	126	126	126
Shares Outstanding (Diluted)	126	126	126	126	126	126
EPS (Basic)	2.25	1.81	1.50	1.76	2.44	1.18
EPS (Diluted)	2.25	1.81	1.50	1.76	2.44	1.18
EPS Growth	32.16%	20.19%	-14.52%	-27.78%	106.71%	13.54%
Free Cash Flow	290.96	238.41	358.53	195.2	323.67	119.67
Free Cash Flow Per Share	2.32	1.90	2.85	1.55	2.58	0.95
Dividend Per Share	1.050	1.050	1.300	1.500	2.150	1.100
Dividend Growth	-19.23%	-19.23%	-13.33%	-30.23%	95.45%	10.00%
Gross Margin	36.91%	34.46%	34.48%	37.60%	34.49%	34.40%
Operating Margin	23.24%	20.70%	21.06%	25.36%	25.40%	20.86%
Profit Margin	18.68%	16.52%	16.68%	20.18%	20.07%	16.18%
Free Cash Flow Margin	19.22%	17.33%	31.63%	17.82%	21.21%	13.08%
EBITDA	325.56	290.29	244.15	283.62	392.63	196.31
EBITDA Margin	21.51%	21.11%	21.54%	25.88%	25.74%	21.45%
D&A For EBITDA	-26.22	5.61	5.42	5.74	5.15	5.43
EBIT	351.78	284.68	238.73	277.88	387.48	190.88
EBIT Margin	23.24%	20.70%	21.06%	25.36%	25.40%	20.86%
Effective Tax Rate	17.99%	18.26%	19.50%	19.41%	19.79%	19.23%
Revenue as Reported	1,514	1,375	1,133	1,096	1,526	915.07
Advertising Expenses	-	43.53	37.39	21.92	23.08	13.9

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