BKK:PANEL 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
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
Revenue	133.56	147.39	149.12	132.16	110.2
Revenue Growth (YoY)	-17.87%	-1.16%	12.83%	19.92%	-
Cost of Revenue	90.81	100.78	94.47	81.74	67.84
Gross Profit	42.76	46.6	54.64	50.41	42.36
Selling, General & Admin	29.58	29.06	31.6	27.46	22.48
Other Operating Expenses	-2.03	-2.29	-2.13	-0.51	-0.51
Operating Expenses	27.55	26.77	29.47	26.94	21.97
Operating Income	15.21	19.83	25.17	23.47	20.39
Interest Expense	-0.42	-0.39	-0.14	-0.72	-0.03
Pretax Income	14.79	19.45	25.03	22.75	20.36
Income Tax Expense	3.41	4.35	5	4.71	4.43
Net Income	11.38	15.09	20.03	18.03	15.94
Net Income to Common	11.38	15.09	20.03	18.03	15.94
Net Income Growth	-50.86%	-24.63%	11.04%	13.17%	-
Shares Outstanding (Basic)	190	190	183	140	129
Shares Outstanding (Diluted)	190	190	183	140	129
Shares Change (YoY)	-0.16%	3.65%	30.93%	8.49%	-
EPS (Basic)	0.06	0.08	0.11	0.13	0.12
EPS (Diluted)	0.06	0.08	0.11	0.13	0.12
EPS Growth	-50.78%	-27.29%	-15.19%	4.31%	-
Free Cash Flow	-86.07	-74.15	14.73	-5.04	2.97
Free Cash Flow Per Share	-0.45	-0.39	0.08	-0.04	0.02
Dividend Per Share	0.033	0.033	0.020	0.040	-
Dividend Growth	65.00%	65.00%	-50.00%	-	-
Gross Margin	32.01%	31.62%	36.65%	38.15%	38.44%
Operating Margin	11.39%	13.46%	16.88%	17.76%	18.50%
Profit Margin	8.52%	10.24%	13.43%	13.65%	14.46%
Free Cash Flow Margin	-64.44%	-50.31%	9.88%	-3.82%	2.70%
EBITDA	19.38	23.7	29.37	28.11	24.62
EBITDA Margin	14.51%	16.08%	19.70%	21.27%	22.34%
D&A For EBITDA	4.17	3.87	4.2	4.64	4.23
EBIT	15.21	19.83	25.17	23.47	20.39
EBIT Margin	11.39%	13.46%	16.88%	17.76%	18.50%
Effective Tax Rate	23.06%	22.39%	19.98%	20.72%	21.74%
Revenue as Reported	133.56	147.39	149.12	132.16	-

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