Polynet PCL 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	FY 2021
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	Dec '21 Dec 31, 2021
Revenue	1,183	1,199	1,024	961.33	1,082	786.08
Revenue Growth (YoY)	7.83%	17.14%	6.51%	-11.17%	37.68%	50.39%
Cost of Revenue	800.27	815.71	718	729.28	813.01	563.82
Gross Profit	382.62	383.73	305.93	232.05	269.24	222.26
Selling, General & Admin	92.63	89.27	81.42	78.12	78.11	69.43
Operating Expenses	93.63	89.41	81.29	81.67	78.23	67.22
Operating Income	288.99	294.32	224.64	150.38	191.01	155.04
Interest Expense	-1.91	-2.25	-3.61	-9.17	-23.97	-14.11
Interest & Investment Income	3.14	3.14	4	2.15	0.13	0
Currency Exchange Gain (Loss)	0.3	0.3	-0.2	-0.37	0.66	-0.36
Other Non Operating Income (Expenses)	0.81	0.81	2.44	12.29	1.3	0.99
EBT Excluding Unusual Items	291.34	296.33	227.27	155.29	169.12	141.57
Gain (Loss) on Sale of Assets	-0.79	-0.79	-1.09	49.78	23.62	-0.37
Pretax Income	290.55	295.54	226.17	205.06	192.75	141.2
Income Tax Expense	26.62	27.48	12.08	30.02	31.06	20.26
Net Income	263.94	268.06	214.09	175.05	161.68	120.93
Net Income to Common	263.94	268.06	214.09	175.05	161.68	120.93
Net Income Growth	8.21%	25.21%	22.30%	8.27%	33.70%	454.88%
Shares Outstanding (Basic)	450	450	450	450	346	330
Shares Outstanding (Diluted)	450	450	450	450	346	330
Shares Change (YoY)	-0.03%	-	-	30.14%	4.78%	-
EPS (Basic)	0.59	0.60	0.48	0.39	0.47	0.37
EPS (Diluted)	0.59	0.60	0.48	0.39	0.47	0.37
EPS Growth	8.25%	25.21%	22.30%	-16.81%	27.59%	454.89%
Free Cash Flow	286.93	240.46	267.85	180.84	92.97	73.34
Free Cash Flow Per Share	0.64	0.53	0.59	0.40	0.27	0.22
Dividend Per Share	0.570	0.570	0.450	0.380	0.160	0.710
Dividend Growth	26.67%	26.67%	18.42%	137.50%	-77.45%	-
Gross Margin	32.35%	31.99%	29.88%	24.14%	24.88%	28.27%
Operating Margin	24.43%	24.54%	21.94%	15.64%	17.65%	19.72%
Profit Margin	22.31%	22.35%	20.91%	18.21%	14.94%	15.38%
Free Cash Flow Margin	24.26%	20.05%	26.16%	18.81%	8.59%	9.33%
EBITDA	383.89	386.24	326.63	240.92	273.9	230.66
EBITDA Margin	32.45%	32.20%	31.90%	25.06%	25.31%	29.34%
D&A For EBITDA	94.9	91.92	101.98	90.54	82.89	75.61
EBIT	288.99	294.32	224.64	150.38	191.01	155.04
EBIT Margin	24.43%	24.54%	21.94%	15.64%	17.65%	19.72%
Effective Tax Rate	9.16%	9.30%	5.34%	14.64%	16.12%	14.35%

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