Pan Asia Footwear 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	2,174	2,540	2,864	1,423	675.04
Other Revenue	16.46	22.77	40.27	10.05	0.05
Revenue	2,190	2,563	2,904	1,433	675.09
Revenue Growth (YoY)	-14.54%	-11.75%	102.70%	112.25%	6.23%
Cost of Revenue	1,970	2,416	2,736	1,353	615.85
Gross Profit	220.21	147.28	168.43	80.3	59.24
Selling, General & Admin	159.48	130.16	142.67	137.48	113.35
Operating Expenses	170.41	136.28	160.71	129.09	113.35
Operating Income	49.8	11	7.72	-48.79	-54.11
Interest Expense	-10.63	-10.38	-9.68	-5.67	-5.61
Interest & Investment Income	0.19	0.21	0.16	0.66	0.48
Currency Exchange Gain (Loss)	-3.9	-0.66	-	-10.1	-
Other Non Operating Income (Expenses)	-	-	-	29.83	27.3
EBT Excluding Unusual Items	35.46	0.17	-1.8	-34.07	-31.94
Gain (Loss) on Sale of Investments	-	-	-	-0.88	6.25
Gain (Loss) on Sale of Assets	0.27	0.77	1.35	3.41	7.46
Asset Writedown	0.13	-0	-	-	-0.39
Legal Settlements	-	-	-	56.71	18.01
Pretax Income	35.86	0.94	-0.45	25.17	-0.61
Income Tax Expense	7.42	4.82	1.72	1.04	1.31
Earnings From Continuing Operations	28.43	-3.88	-2.17	24.13	-1.92
Net Income to Company	28.43	-3.88	-2.17	24.13	-1.92
Minority Interest in Earnings	-6.81	-1.56	-0.44	-2.94	-0.02
Net Income	21.62	-5.44	-2.61	21.19	-1.94
Net Income to Common	21.62	-5.44	-2.61	21.19	-1.94
Shares Outstanding (Basic)	540	540	540	540	540
Shares Outstanding (Diluted)	540	540	540	540	540
EPS (Basic)	0.04	-0.01	-0.00	0.04	-0.00
EPS (Diluted)	0.04	-0.01	-0.00	0.04	-0.00
Free Cash Flow	-53.69	18.67	-89.27	133.46	3.32
Free Cash Flow Per Share	-0.10	0.04	-0.17	0.25	0.01
Dividend Per Share	0.010	-	0.010	0.010	0.015
Dividend Growth	-	-	-	-32.00%	-
Gross Margin	10.05%	5.75%	5.80%	5.60%	8.77%
Operating Margin	2.27%	0.43%	0.27%	-3.40%	-8.02%
Profit Margin	0.99%	-0.21%	-0.09%	1.48%	-0.29%
Free Cash Flow Margin	-2.45%	0.73%	-3.07%	9.31%	0.49%
EBITDA	74.64	36.35	31.96	-30.22	-37.27
EBITDA Margin	3.41%	1.42%	1.10%	-2.11%	-5.52%
D&A For EBITDA	24.83	25.35	24.24	18.57	16.84
EBIT	49.8	11	7.72	-48.79	-54.11
EBIT Margin	2.27%	0.43%	0.27%	-3.40%	-8.01%
Effective Tax Rate	20.70%	513.86%	-	4.13%	-
Revenue as Reported	2,191	2,564	2,906	1,523	721.69

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