Pilatus Marine PCL Income Statement

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

Millions THB. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	995.55	968.15	804.5	794.65	665.34	637.75
Revenue Growth (YoY)	19.44%	20.34%	1.24%	19.43%	4.33%	-
Cost of Revenue	826.68	804.64	672.98	651.1	545.08	487.39
Gross Profit	168.87	163.51	131.53	143.54	120.26	150.36
Selling, General & Admin	61.31	59.42	60.21	48.53	45.6	57.56
Other Operating Expenses	-3.16	-3.26	-1.32	0.26	-2.5	-1.39
Operating Expenses	58.15	56.16	58.89	48.79	38.64	56.16
Operating Income	110.73	107.35	72.64	94.75	81.62	94.2
Interest Expense	-32.45	-29.69	-17.04	-18.32	-21.67	-26.44
Interest & Investment Income	0.64	0.65	1.01	0.01	2.25	3.14
EBT Excluding Unusual Items	78.92	78.31	56.61	76.44	62.2	70.89
Gain (Loss) on Sale of Assets	-	-	-	1.05	6.96	-18.58
Pretax Income	73.63	78.31	56.61	77.49	69.16	52.31
Income Tax Expense	14.7	15.5	12.67	15.28	14.09	12.84
Earnings From Continuing Operations	58.93	62.81	43.95	62.21	55.07	39.48
Minority Interest in Earnings	-0	-0	-0	-0	-0	-0
Net Income	58.93	62.81	43.95	62.21	55.07	39.48
Net Income to Common	58.93	62.81	43.95	62.21	55.07	39.48
Net Income Growth	44.82%	42.92%	-29.35%	12.97%	39.49%	-
Shares Outstanding (Basic)	960	960	873	680	783	800
Shares Outstanding (Diluted)	960	960	873	680	783	800
Shares Change (YoY)	1.77%	9.93%	28.43%	-13.18%	-2.10%	-
EPS (Basic)	0.06	0.07	0.05	0.09	0.07	0.05
EPS (Diluted)	0.06	0.07	0.05	0.09	0.07	0.05
EPS Growth	42.31%	30.02%	-44.99%	30.12%	42.47%	-
Free Cash Flow	-233.29	-209.41	-324.86	142.87	150.9	135.41
Free Cash Flow Per Share	-0.24	-0.22	-0.37	0.21	0.19	0.17
Dividend Per Share	0.030	0.030	0.060	-	-	-
Dividend Growth	-50.00%	-50.00%	-	-	-	-
Gross Margin	16.96%	16.89%	16.35%	18.06%	18.07%	23.58%
Operating Margin	11.12%	11.09%	9.03%	11.92%	12.27%	14.77%
Profit Margin	5.92%	6.49%	5.46%	7.83%	8.28%	6.19%
Free Cash Flow Margin	-23.43%	-21.63%	-40.38%	17.98%	22.68%	21.23%
EBITDA	268	257.49	188.9	246.65	222.6	231.56
EBITDA Margin	26.92%	26.60%	23.48%	31.04%	33.46%	36.31%
D&A For EBITDA	157.27	150.14	116.26	151.9	140.98	137.36
EBIT	110.73	107.35	72.64	94.75	81.62	94.2
EBIT Margin	11.12%	11.09%	9.03%	11.92%	12.27%	14.77%
Effective Tax Rate	19.97%	19.79%	22.37%	19.72%	20.37%	24.54%

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