Newcity (Bangkok) PCL Income Statement

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

Millions THB. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	494.88	502.93	525.24	524.4	389.97
Other Revenue	7.06	3.34	2.4	2.36	7.41
Revenue	501.93	506.27	527.65	526.77	397.38
Revenue Growth (YoY)	-0.86%	-4.05%	0.17%	32.56%	-13.19%
Cost of Revenue	338.25	334.45	334.87	351.27	290.76
Gross Profit	163.68	171.81	192.77	175.49	106.62
Selling, General & Admin	160.63	158.37	168.05	166.15	139.35
Operating Expenses	160.63	158.37	168.05	166.15	139.35
Operating Income	3.05	13.45	24.73	9.35	-32.73
Interest Expense	-4.94	-5.83	-5.65	-4	-4.11
Interest & Investment Income	7.28	6.29	4.19	5.24	5.25
Earnings From Equity Investments	0.98	-2.39	-0.75	-3.04	-0.03
EBT Excluding Unusual Items	6.37	11.52	22.52	7.54	-31.62
Gain (Loss) on Sale of Assets	-	-	-	-	-0.1
Pretax Income	6.37	11.52	22.52	7.54	-31.72
Income Tax Expense	4.23	-0.83	1.76	-1.71	-8.47
Net Income	2.15	12.35	20.75	9.26	-23.25
Net Income to Common	2.15	12.35	20.75	9.26	-23.25
Net Income Growth	-82.62%	-40.52%	124.17%	-	-
Shares Outstanding (Basic)	151	153	153	153	153
Shares Outstanding (Diluted)	151	153	153	153	153
Shares Change (YoY)	-0.78%	-	-	-	-
EPS (Basic)	0.01	0.08	0.14	0.06	-0.15
EPS (Diluted)	0.01	0.08	0.14	0.06	-0.15
EPS Growth	-82.48%	-40.52%	124.17%	-	-
Free Cash Flow	-30.99	28.56	14.96	24.53	-15.39
Free Cash Flow Per Share	-0.20	0.19	0.10	0.16	-0.10
Dividend Per Share	-	0.029	0.020	0.014	-
Dividend Growth	-	50.00%	43.07%	-	-
Gross Margin	32.61%	33.94%	36.53%	33.31%	26.83%
Operating Margin	0.61%	2.66%	4.69%	1.77%	-8.24%
Profit Margin	0.43%	2.44%	3.93%	1.76%	-5.85%
Free Cash Flow Margin	-6.17%	5.64%	2.83%	4.66%	-3.87%
EBITDA	5.87	16.4	28.16	13.52	-28.52
EBITDA Margin	1.17%	3.24%	5.34%	2.57%	-7.18%
D&A For EBITDA	2.82	2.95	3.44	4.17	4.21
EBIT	3.05	13.45	24.73	9.35	-32.73
EBIT Margin	0.61%	2.66%	4.69%	1.77%	-8.24%
Effective Tax Rate	66.32%	-	7.83%	-	-
Revenue as Reported	509.21	512.56	531.84	532.01	402.54
Advertising Expenses	17.05	18.13	16.26	16.48	9.02

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