BKK:NTF Income Statement

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

Millions THB. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	2,320	1,115	562.51	346.66	182.31
Other Revenue	-1.35	0.87	0.71	2.96	0.03
Revenue	2,319	1,116	563.22	349.62	182.34
Revenue Growth (YoY)	311.75%	98.08%	61.09%	91.75%	-
Cost of Revenue	1,877	936.09	480.27	298.49	169.77
Gross Profit	441.84	179.52	82.95	51.14	12.57
Selling, General & Admin	184.74	92.55	49.55	41.31	10.2
Operating Expenses	184.74	92.55	49.55	41.31	10.2
Operating Income	257.1	86.97	33.4	9.83	2.37
Interest Expense	-13.78	-9.15	-3.5	-1.12	-0.27
Interest & Investment Income	2.9	2.9	0.1	-	-
Currency Exchange Gain (Loss)	15.63	-0.21	-1.46	1.52	1.92
Pretax Income	261.84	80.52	28.54	10.23	4.02
Income Tax Expense	52.49	16.24	5.92	2.06	0.8
Net Income	209.35	64.27	22.62	8.17	3.21
Net Income to Common	209.35	64.27	22.62	8.17	3.21
Net Income Growth	825.57%	184.16%	176.89%	154.23%	-
Shares Outstanding (Basic)	140	140	111	36	12
Shares Outstanding (Diluted)	140	140	111	36	12
Shares Change (YoY)	25.92%	25.92%	211.69%	202.03%	-
EPS (Basic)	1.50	0.46	0.20	0.23	0.27
EPS (Diluted)	1.50	0.46	0.20	0.23	0.27
EPS Growth	635.04%	125.67%	-11.17%	-15.83%	-
Free Cash Flow	29.78	31.97	-70.17	-17.46	-18.49
Free Cash Flow Per Share	0.21	0.23	-0.63	-0.49	-1.56
Dividend Per Share	-	0.523	0.153	0.100	-
Dividend Growth	-	241.83%	53.00%	-	-
Gross Margin	19.05%	16.09%	14.73%	14.63%	6.89%
Operating Margin	11.09%	7.80%	5.93%	2.81%	1.30%
Profit Margin	9.03%	5.76%	4.02%	2.34%	1.76%
Free Cash Flow Margin	1.28%	2.87%	-12.46%	-4.99%	-10.14%
EBITDA	260.16	88.39	33.87	9.89	2.38
EBITDA Margin	11.22%	7.92%	6.01%	2.83%	1.31%
D&A For EBITDA	3.06	1.42	0.48	0.07	0.02
EBIT	257.1	86.97	33.4	9.83	2.37
EBIT Margin	11.09%	7.80%	5.93%	2.81%	1.30%
Effective Tax Rate	20.05%	20.18%	20.75%	20.13%	20.02%
Revenue as Reported	2,337	1,119	563.32	351.14	184.26

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