Modernform Group PCL (BKK:MODERN)

Modernform 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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	2,484	2,482	2,525	2,417	2,377	2,924
Other Revenue	24.84	27.84	36.53	30.79	41.25	48.1
Revenue	2,509	2,510	2,562	2,447	2,418	2,972
Revenue Growth (YoY)	1.66%	-2.03%	4.67%	1.22%	-18.65%	-5.97%
Cost of Revenue	1,641	1,657	1,727	1,711	1,578	2,045
Gross Profit	867.83	852.38	834.36	736.46	839.9	926.91
Selling, General & Admin	671.7	718.1	736.57	658.29	688.93	729.73
Other Operating Expenses	15.42	19.57	14.65	21.51	15.83	35.33
Operating Expenses	687.11	737.68	751.22	679.8	704.76	765.07
Operating Income	180.72	114.71	83.15	56.65	135.14	161.84
Interest Expense	-2.97	-2.61	-9.08	-7.06	-6.29	-7.4
Interest & Investment Income	22.25	20.23	15.13	8.5	11.15	29.91
Earnings From Equity Investments	36.13	33.43	-5.26	7.62	-21.27	-5.24
Other Non Operating Income (Expenses)	-9.74	-9.74	-4.19	-6.42	-7.37	-5.47
EBT Excluding Unusual Items	226.39	156.02	79.75	59.29	111.36	173.64
Pretax Income	226.39	156.02	79.75	59.29	111.36	173.64
Income Tax Expense	19.87	19.84	19.61	19.82	26	31.69
Earnings From Continuing Operations	206.52	136.19	60.14	39.47	85.36	141.95
Net Income to Company	206.52	136.19	60.14	39.47	85.36	141.95
Minority Interest in Earnings	-2.1	-1.24	-0.1	-0.42	2.72	-0.33
Net Income	204.42	134.94	60.03	39.05	88.08	141.61
Net Income to Common	204.42	134.94	60.03	39.05	88.08	141.61
Net Income Growth	-	124.77%	53.74%	-55.67%	-37.80%	12.65%
Shares Outstanding (Basic)	719	726	750	750	734	750
Shares Outstanding (Diluted)	719	726	750	750	734	750
Shares Change (YoY)	-4.08%	-3.26%	-	2.18%	-2.13%	-
EPS (Basic)	0.28	0.19	0.08	0.05	0.12	0.19
EPS (Diluted)	0.28	0.19	0.08	0.05	0.12	0.19
EPS Growth	-	132.35%	53.74%	-56.61%	-36.45%	12.65%
Free Cash Flow	225.04	247.59	284.47	-109.13	165.52	334.76
Free Cash Flow Per Share	0.31	0.34	0.38	-0.15	0.23	0.45
Dividend Per Share	0.180	0.180	0.090	0.060	0.120	0.200
Dividend Growth	100.00%	100.00%	50.00%	-50.00%	-40.00%	17.65%
Gross Margin	34.59%	33.96%	32.57%	30.09%	34.74%	31.18%
Operating Margin	7.20%	4.57%	3.25%	2.31%	5.59%	5.45%
Profit Margin	8.15%	5.38%	2.34%	1.60%	3.64%	4.76%
Free Cash Flow Margin	8.97%	9.87%	11.11%	-4.46%	6.84%	11.26%
EBITDA	256.28	189.97	158.59	133.87	218.81	253.32
EBITDA Margin	10.22%	7.57%	6.19%	5.47%	9.05%	8.52%
D&A For EBITDA	75.56	75.26	75.44	77.22	83.67	91.48
EBIT	180.72	114.71	83.15	56.65	135.14	161.84
EBIT Margin	7.20%	4.57%	3.25%	2.31%	5.59%	5.45%
Effective Tax Rate	8.78%	12.72%	24.59%	33.42%	23.35%	18.25%
Revenue as Reported	2,518	2,517	2,570	2,453	2,424	2,998

Updated Feb 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.