NAT Absolute Technologies PCL (BKK:NAT)

BKK:NAT Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Operating Revenue	828.14	2,297	1,556	1,090
Other Revenue	5.84	7.1	2.29	3.63
Revenue	833.99	2,304	1,558	1,093
Revenue Growth (YoY)	-62.60%	47.85%	42.53%	-
Cost of Revenue	716.77	1,981	1,331	917.08
Gross Profit	117.22	322.85	227.07	176.16
Selling, General & Admin	89.5	112.72	79.51	48.45
Operating Expenses	89.5	112.72	79.51	48.45
Operating Income	27.72	210.13	147.56	127.7
Interest Expense	-1.49	-1.66	-0.79	-1.01
Pretax Income	26.23	208.47	146.77	126.7
Income Tax Expense	6.32	40.29	29.7	26.07
Net Income	19.91	168.18	117.07	100.62
Net Income to Common	19.91	168.18	117.07	100.62
Net Income Growth	-88.37%	43.66%	16.35%	-
Shares Outstanding (Basic)	328	317	136	40
Shares Outstanding (Diluted)	328	317	136	40
Shares Change (YoY)	11.29%	133.00%	240.30%	-
EPS (Basic)	0.06	0.53	0.86	2.52
EPS (Diluted)	0.06	0.53	0.86	2.52
EPS Growth	-89.55%	-38.34%	-65.81%	-
Free Cash Flow	74.07	-117.72	61.18	206.55
Free Cash Flow Per Share	0.23	-0.37	0.45	5.16
Dividend Per Share	0.130	0.350	0.025	-
Dividend Growth	-46.94%	1300.00%	-	-
Gross Margin	14.06%	14.01%	14.57%	16.11%
Operating Margin	3.32%	9.12%	9.47%	11.68%
Profit Margin	2.39%	7.30%	7.51%	9.20%
Free Cash Flow Margin	8.88%	-5.11%	3.93%	18.89%
EBITDA	29.07	211.39	148.35	128.32
EBITDA Margin	3.49%	9.18%	9.52%	11.74%
D&A For EBITDA	1.36	1.26	0.79	0.62
EBIT	27.72	210.13	147.56	127.7
EBIT Margin	3.32%	9.12%	9.47%	11.68%
Effective Tax Rate	24.09%	19.32%	20.23%	20.58%
Revenue as Reported	833.99	2,304	1,558	1,093

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