Ocean Glass PCL Income Statement

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

Millions THB. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	1,695	1,707	1,787	1,992	1,970	1,557
Other Revenue	11.47	13.29	9.03	10.35	2.99	10.16
Revenue	1,707	1,720	1,796	2,002	1,973	1,567
Revenue Growth (YoY)	-6.49%	-4.23%	-10.31%	1.49%	25.88%	39.70%
Cost of Revenue	1,207	1,171	1,259	1,377	1,410	1,010
Gross Profit	499.72	549.36	537.28	625.15	562.94	557.19
Selling, General & Admin	480	474.64	469.08	427.24	406.43	327.63
Operating Expenses	480	474.64	469.08	427.24	406.43	327.63
Operating Income	19.73	74.72	68.2	197.91	156.51	229.57
Interest Expense	-59.2	-58.75	-51.09	-37.55	-23.37	-22.01
Currency Exchange Gain (Loss)	2.96	3.01	6.88	4.44	1.45	-26.56
EBT Excluding Unusual Items	-36.52	18.98	23.99	164.79	134.59	181
Merger & Restructuring Charges	-85.35	-126.78	-148.69	-145.4	-106.99	-173.98
Pretax Income	-121.87	-107.81	-124.7	19.39	27.6	7.02
Income Tax Expense	-13.74	-10.71	-28.31	5.37	7.29	4
Net Income	-108.13	-97.09	-96.4	14.02	20.31	3.02
Net Income to Common	-108.13	-97.09	-96.4	14.02	20.31	3.02
Net Income Growth	-	-	-	-30.98%	572.52%	-
Shares Outstanding (Basic)	21	21	21	21	21	21
Shares Outstanding (Diluted)	21	21	21	21	21	21
EPS (Basic)	-5.07	-4.55	-4.52	0.66	0.95	0.14
EPS (Diluted)	-5.07	-4.55	-4.52	0.66	0.95	0.14
EPS Growth	-	-	-	-30.98%	572.52%	-
Free Cash Flow	66.26	-2.18	-138.5	-255.55	112.12	145.88
Free Cash Flow Per Share	3.11	-0.10	-6.49	-11.98	5.26	6.84
Dividend Per Share	-	-	-	0.570	0.570	-
Gross Margin	29.28%	31.94%	29.92%	31.22%	28.53%	35.55%
Operating Margin	1.16%	4.34%	3.80%	9.88%	7.93%	14.65%
Profit Margin	-6.34%	-5.64%	-5.37%	0.70%	1.03%	0.19%
Free Cash Flow Margin	3.88%	-0.13%	-7.71%	-12.76%	5.68%	9.31%
EBITDA	210.08	267.26	238.57	358.05	316.95	381.26
EBITDA Margin	12.31%	15.54%	13.28%	17.88%	16.06%	24.32%
D&A For EBITDA	190.35	192.54	170.38	160.15	160.44	151.69
EBIT	19.73	74.72	68.2	197.91	156.51	229.57
EBIT Margin	1.16%	4.34%	3.80%	9.88%	7.93%	14.65%
Effective Tax Rate	-	-	-	27.71%	26.42%	56.99%
Revenue as Reported	1,710	1,723	1,803	2,007	1,975	1,567

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