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

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