Pilatus Marine 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
Revenue	1,073	968.15	804.5	794.65	665.34
Revenue Growth (YoY)	10.83%	20.34%	1.24%	19.43%	4.33%
Cost of Revenue	890.37	804.64	672.98	651.1	545.08
Gross Profit	182.6	163.51	131.53	143.54	120.26
Selling, General & Admin	68.25	59.42	60.21	48.53	45.6
Other Operating Expenses	2.55	-3.39	-1.32	0.26	-2.5
Operating Expenses	70.8	56.03	58.89	48.79	38.64
Operating Income	111.8	107.49	72.64	94.75	81.62
Interest Expense	-31.04	-29.69	-17.04	-18.32	-21.67
Interest & Investment Income	0.76	0.65	1.01	0.01	2.25
EBT Excluding Unusual Items	81.52	78.45	56.61	76.44	62.2
Gain (Loss) on Sale of Assets	-5.38	-0.14	-	1.05	6.96
Pretax Income	76.14	78.31	56.61	77.49	69.16
Income Tax Expense	15.38	15.5	12.67	15.28	14.09
Earnings From Continuing Operations	60.76	62.81	43.95	62.21	55.07
Minority Interest in Earnings	-0	-0	-0	-0	-0
Net Income	60.76	62.81	43.95	62.21	55.07
Net Income to Common	60.76	62.81	43.95	62.21	55.07
Net Income Growth	-3.27%	42.92%	-29.35%	12.97%	39.49%
Shares Outstanding (Basic)	960	960	873	680	783
Shares Outstanding (Diluted)	960	960	873	680	783
Shares Change (YoY)	-	9.93%	28.43%	-13.18%	-2.10%
EPS (Basic)	0.06	0.07	0.05	0.09	0.07
EPS (Diluted)	0.06	0.07	0.05	0.09	0.07
EPS Growth	-3.27%	30.02%	-44.99%	30.12%	42.47%
Free Cash Flow	173.22	-209.41	-324.86	142.87	150.9
Free Cash Flow Per Share	0.18	-0.22	-0.37	0.21	0.19
Dividend Per Share	0.020	0.030	0.060	-	-
Dividend Growth	-33.33%	-50.00%	-	-	-
Gross Margin	17.02%	16.89%	16.35%	18.06%	18.07%
Operating Margin	10.42%	11.10%	9.03%	11.92%	12.27%
Profit Margin	5.66%	6.49%	5.46%	7.83%	8.28%
Free Cash Flow Margin	16.14%	-21.63%	-40.38%	17.98%	22.68%
EBITDA	293.04	257.63	188.9	246.65	222.6
EBITDA Margin	27.31%	26.61%	23.48%	31.04%	33.46%
D&A For EBITDA	181.24	150.14	116.26	151.9	140.98
EBIT	111.8	107.49	72.64	94.75	81.62
EBIT Margin	10.42%	11.10%	9.03%	11.92%	12.27%
Effective Tax Rate	20.20%	19.79%	22.37%	19.72%	20.37%

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