Polynet 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	Sep '25 Sep 30, 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	1,195	1,024	961.33	1,082	786.08	522.69
Revenue Growth (YoY)	23.36%	6.51%	-11.17%	37.68%	50.39%	-10.09%
Cost of Revenue	817.37	718	729.28	813.01	563.82	422.31
Gross Profit	378.02	305.93	232.05	269.24	222.26	100.38
Selling, General & Admin	85.23	81.42	78.12	78.11	69.43	12.01
Operating Expenses	87.71	81.29	81.67	78.23	67.22	9.1
Operating Income	290.31	224.64	150.38	191.01	155.04	91.27
Interest Expense	-2.55	-3.61	-9.17	-23.97	-14.11	-11.37
Interest & Investment Income	4	4	2.15	0.13	0	0.01
Currency Exchange Gain (Loss)	-0.2	-0.2	-0.37	0.66	-0.36	-2.49
Other Non Operating Income (Expenses)	2.44	2.44	12.29	1.3	0.99	-49.17
EBT Excluding Unusual Items	294	227.27	155.29	169.12	141.57	28.26
Gain (Loss) on Sale of Assets	-1.09	-1.09	49.78	23.62	-0.37	-2.62
Pretax Income	292.9	226.17	205.06	192.75	141.2	25.64
Income Tax Expense	27.49	12.08	30.02	31.06	20.26	3.85
Net Income	265.42	214.09	175.05	161.68	120.93	21.79
Net Income to Common	265.42	214.09	175.05	161.68	120.93	21.79
Net Income Growth	8.18%	22.30%	8.27%	33.70%	454.88%	65.89%
Shares Outstanding (Basic)	450	450	450	346	330	330
Shares Outstanding (Diluted)	450	450	450	346	330	330
Shares Change (YoY)	-	-	30.14%	4.78%	-	-
EPS (Basic)	0.59	0.48	0.39	0.47	0.37	0.07
EPS (Diluted)	0.59	0.48	0.39	0.47	0.37	0.07
EPS Growth	8.18%	22.30%	-16.81%	27.59%	454.89%	65.89%
Free Cash Flow	208.03	267.85	180.84	92.97	73.34	19.34
Free Cash Flow Per Share	0.46	0.59	0.40	0.27	0.22	0.06
Dividend Per Share	0.520	0.450	0.380	0.160	0.710	-
Dividend Growth	6.12%	18.42%	137.50%	-77.45%	-	-
Gross Margin	31.62%	29.88%	24.14%	24.88%	28.27%	19.20%
Operating Margin	24.29%	21.94%	15.64%	17.65%	19.72%	17.46%
Profit Margin	22.20%	20.91%	18.21%	14.94%	15.38%	4.17%
Free Cash Flow Margin	17.40%	26.16%	18.81%	8.59%	9.33%	3.70%
EBITDA	374.36	317.2	239.9	273.9	230.66	163.74
EBITDA Margin	31.32%	30.98%	24.95%	25.31%	29.34%	31.33%
D&A For EBITDA	84.05	92.55	89.52	82.89	75.61	72.47
EBIT	290.31	224.64	150.38	191.01	155.04	91.27
EBIT Margin	24.29%	21.94%	15.64%	17.65%	19.72%	17.46%
Effective Tax Rate	9.38%	5.34%	14.64%	16.12%	14.35%	15.01%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.