Maybank Securities (Thailand) PCL (BKK:MST)

BKK:MST 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
Interest and Dividend Income	1,018	1,075	1,048	738.28	672.79	548.22
Total Interest Expense	449.95	463.68	473.05	266.11	253.32	238.58
Net Interest Income	567.78	611.6	575.35	472.17	419.47	309.64
Brokerage Commission	1,017	1,057	1,182	1,649	2,477	1,976
Underwriting & Investment Banking Fee	163.91	197.24	148.46	251.68	210.52	139.09
Other Revenue	419.87	414.13	358.56	288.69	232.62	154.05
Revenue Before Loan Losses	2,168	2,280	2,265	2,661	3,339	2,579
Provision for Loan Losses	-5.22	-13.36	48.1	-0.45	133.89	-1.27
Revenue	2,173	2,293	2,217	2,662	3,205	2,581
Revenue Growth (YoY)	2.56%	3.46%	-16.72%	-16.96%	24.21%	24.25%
Salaries & Employee Benefits	1,073	1,074	1,102	1,210	1,512	1,334
Cost of Services Provided	277.09	276.51	282.27	297.44	331.6	297.46
Other Operating Expenses	347.41	363.26	372.38	369.41	411.7	348.8
Total Operating Expenses	1,697	1,714	1,757	1,877	2,256	1,980
Operating Income	476.03	579.3	460.16	784.54	949.71	600.09
Other Non-Operating Income (Expenses)	-0.01	-0.01	-0	-0.01	0	-0.01
EBT Excluding Unusual Items	476.01	579.29	460.16	784.53	949.71	600.08
Asset Writedown	0	0	-0	-0	0	-
Gain (Loss) on Sale of Investments	-0.02	-0.02	-0	0	0	-
Pretax Income	476	579.28	460.16	784.53	949.71	600.08
Income Tax Expense	98.12	117.14	95.25	156.3	188.92	115.63
Net Income	377.88	462.13	364.91	628.23	760.79	484.45
Net Income to Common	377.88	462.13	364.91	628.23	760.79	484.45
Net Income Growth	7.26%	26.64%	-41.91%	-17.42%	57.04%	90.17%
Shares Outstanding (Basic)	570	571	571	571	572	571
Shares Outstanding (Diluted)	570	571	571	571	572	571
Shares Change (YoY)	-0.14%	-	-	-0.21%	0.21%	-
EPS (Basic)	0.66	0.81	0.64	1.10	1.33	0.85
EPS (Diluted)	0.66	0.81	0.64	1.10	1.33	0.85
EPS Growth	7.41%	26.64%	-41.91%	-17.25%	56.71%	90.17%
Free Cash Flow	4,506	804.11	1,988	4,770	-5,358	-904.77
Free Cash Flow Per Share	7.90	1.41	3.48	8.36	-9.37	-1.58
Dividend Per Share	0.270	0.650	0.480	0.940	0.960	0.600
Dividend Growth	-44.90%	35.42%	-48.94%	-2.08%	60.00%	-30.23%
Operating Margin	21.90%	25.26%	20.76%	29.47%	29.63%	23.25%
Profit Margin	17.39%	20.15%	16.46%	23.60%	23.73%	18.77%
Free Cash Flow Margin	207.33%	35.06%	89.70%	179.22%	-167.16%	-35.06%
Effective Tax Rate	20.61%	20.22%	20.70%	19.92%	19.89%	19.27%
Revenue as Reported	2,618	2,744	2,738	2,927	3,593	2,818

Source: S&P Global Market Intelligence. Capital Markets template. Financial Sources.