Nirvana Development Public Company Limited (BKK: NVD)

NVD Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	1,683	2,004	2,569	3,022	2,446	2,707
Other Revenue	18.63	17.71	39.26	-	-	-
Revenue	1,702	2,022	2,609	3,022	2,446	2,707
Revenue Growth (YoY)	-0.86%	-22.50%	-13.68%	23.52%	-9.63%	-8.40%
Cost of Revenue	1,136	1,380	1,715	2,408	1,684	1,760
Gross Profit	565.77	641.34	893.33	613.49	762.8	946.54
Selling, General & Admin	461.89	562.38	594.29	688.15	647.36	787.92
Other Operating Expenses	-14.66	-22.09	-12.89	-	-	-
Operating Expenses	447.22	540.29	581.41	688.15	647.36	787.92
Operating Income	118.54	101.05	311.92	-74.66	115.44	158.61
Interest Expense	-72.56	-64.31	-131.83	-165.37	-119.22	-85.41
Interest & Investment Income	1.57	3.23	19.04	19.14	19.4	13.24
Earnings From Equity Investments	-9.2	-8.24	-3.03	-5.13	-10.65	-1.33
Currency Exchange Gain (Loss)	-0	0.05	0.72	0.67	-0.15	1.22
Other Non Operating Income (Expenses)	3.28	24.63	50.76	43.62	38.15	43.1
EBT Excluding Unusual Items	41.63	56.42	247.6	-181.73	42.97	129.44
Gain (Loss) on Sale of Assets	0.06	0.18	10.95	1.84	0.02	0.02
Asset Writedown	227.62	227.62	6.48	799.43	-	-
Other Unusual Items	2.14	10.26	19.32	-	-	-
Pretax Income	271.45	294.48	284.34	619.53	42.99	129.45
Income Tax Expense	95.99	82.5	57.15	179.13	21.45	30
Earnings From Continuing Operations	175.46	211.98	227.19	440.41	21.54	99.45
Minority Interest in Earnings	-0	-10.89	-26.17	-32.11	-72.58	-71.02
Net Income	175.46	201.09	201.03	408.29	-51.04	28.43
Net Income to Common	175.46	201.09	201.03	408.29	-51.04	28.43
Net Income Growth	109.52%	0.03%	-50.76%	-	-	-89.73%
Shares Outstanding (Basic)	1,553	1,553	1,553	1,553	1,553	1,553
Shares Outstanding (Diluted)	1,553	1,553	1,553	1,553	1,553	1,553
Shares Change (YoY)	0.00%	0.00%	-	-0.00%	-	-
EPS (Basic)	0.11	0.13	0.13	0.26	-0.03	0.02
EPS (Diluted)	0.11	0.13	0.13	0.26	-0.03	0.02
EPS Growth	109.52%	0.03%	-50.76%	-	-	-89.73%
Free Cash Flow	-846.91	-1,122	110.91	518.1	-333.3	-1,334
Free Cash Flow Per Share	-0.55	-0.72	0.07	0.33	-0.21	-0.86
Dividend Per Share	0.026	0.026	0.060	0.012	-	0.036
Dividend Growth	-56.67%	-56.67%	387.80%	-	-	-78.92%
Gross Margin	33.24%	31.73%	34.25%	20.30%	31.18%	34.97%
Operating Margin	6.97%	5.00%	11.96%	-2.47%	4.72%	5.86%
Profit Margin	10.31%	9.95%	7.71%	13.51%	-2.09%	1.05%
Free Cash Flow Margin	-49.76%	-55.51%	4.25%	17.15%	-13.62%	-49.29%
EBITDA	150.46	136.47	354.45	-9.74	192.44	222.65
EBITDA Margin	8.84%	6.75%	13.59%	-0.32%	7.87%	8.22%
D&A For EBITDA	31.92	35.41	42.52	64.93	77.01	64.04
EBIT	118.54	101.05	311.92	-74.66	115.44	158.61
EBIT Margin	6.97%	5.00%	11.96%	-2.47%	4.72%	5.86%
Effective Tax Rate	35.36%	28.02%	20.10%	28.91%	49.90%	23.18%
Revenue as Reported	1,951	2,310	2,729	3,022	2,446	2,707

Source: S&P Capital IQ. Standard template. Financial Sources.