Nirvana Development PCL (BKK:NVD)

Nirvana Development PCL 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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	1,420	1,431	2,004	2,569	3,022	2,446
Other Revenue	41.7	26.98	17.71	39.26	-	-
Revenue	1,461	1,458	2,022	2,609	3,022	2,446
Revenue Growth (YoY)	-21.15%	-27.87%	-22.50%	-13.68%	23.52%	-9.63%
Cost of Revenue	1,002	984.75	1,380	1,715	2,408	1,684
Gross Profit	459.15	473.47	641.34	893.33	613.49	762.8
Selling, General & Admin	374.63	386.27	562.38	594.29	688.15	647.36
Other Operating Expenses	-26.98	-26.98	-22.09	-12.89	-	-
Operating Expenses	347.65	359.29	540.29	581.41	688.15	647.36
Operating Income	111.5	114.18	101.05	311.92	-74.66	115.44
Interest Expense	-80.45	-79.59	-64.31	-131.83	-165.37	-119.22
Interest & Investment Income	2.77	2.77	3.23	19.04	19.14	19.4
Earnings From Equity Investments	-15.6	-15.32	-8.24	-3.03	-5.13	-10.65
Currency Exchange Gain (Loss)	0.33	0.33	0.05	0.72	0.67	-0.15
Other Non Operating Income (Expenses)	6.34	6.34	4.4	50.76	43.62	38.15
EBT Excluding Unusual Items	24.89	28.71	36.19	247.6	-181.73	42.97
Gain (Loss) on Sale of Assets	0.08	0.08	0.18	10.95	1.84	0.02
Asset Writedown	93.89	93.89	227.62	6.48	799.43	-
Other Unusual Items	9.51	9.51	30.49	19.32	-	-
Pretax Income	128.36	132.18	294.48	284.34	619.53	42.99
Income Tax Expense	47.19	45.91	82.5	57.15	179.13	21.45
Earnings From Continuing Operations	81.16	86.27	211.98	227.19	440.41	21.54
Minority Interest in Earnings	-0	-0	-10.89	-26.17	-32.11	-72.58
Net Income	81.16	86.27	201.09	201.03	408.29	-51.04
Net Income to Common	81.16	86.27	201.09	201.03	408.29	-51.04
Net Income Growth	-56.84%	-57.10%	0.03%	-50.76%	-	-
Shares Outstanding (Basic)	1,558	1,553	1,553	1,553	1,553	1,553
Shares Outstanding (Diluted)	1,558	1,553	1,553	1,553	1,553	1,553
Shares Change (YoY)	0.33%	-	-	-	-	-
EPS (Basic)	0.05	0.06	0.13	0.13	0.26	-0.03
EPS (Diluted)	0.05	0.06	0.13	0.13	0.26	-0.03
EPS Growth	-55.48%	-57.10%	0.03%	-50.76%	-	-
Free Cash Flow	-632.77	-729.3	-1,122	110.91	518.1	-333.3
Free Cash Flow Per Share	-0.41	-0.47	-0.72	0.07	0.33	-0.21
Dividend Per Share	-	-	0.026	0.060	0.012	-
Dividend Growth	-	-	-56.67%	387.81%	-	-
Gross Margin	31.42%	32.47%	31.72%	34.25%	20.30%	31.18%
Operating Margin	7.63%	7.83%	5.00%	11.96%	-2.47%	4.72%
Profit Margin	5.55%	5.92%	9.95%	7.71%	13.51%	-2.09%
Free Cash Flow Margin	-43.30%	-50.01%	-55.51%	4.25%	17.15%	-13.63%
EBITDA	139.64	146.61	136.47	354.45	-9.74	192.44
EBITDA Margin	9.55%	10.05%	6.75%	13.59%	-0.32%	7.87%
D&A For EBITDA	28.14	32.43	35.41	42.52	64.93	77.01
EBIT	111.5	114.18	101.05	311.92	-74.66	115.44
EBIT Margin	7.63%	7.83%	5.00%	11.96%	-2.47%	4.72%
Effective Tax Rate	36.77%	34.73%	28.02%	20.10%	28.91%	49.90%
Revenue as Reported	1,601	1,598	2,310	2,729	3,022	2,446

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