Primo Service Solutions PCL (BKK: PRI)

PRI Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	1,764	1,913	913.48	485.56	265.43	250.89
Other Revenue	11.1	3.05	1.13	4.01	1.09	1.2
Revenue	1,775	1,916	914.61	489.56	266.51	252.09
Revenue Growth (YoY)	7.16%	109.48%	86.82%	83.69%	5.72%	34.09%
Cost of Revenue	1,200	1,322	519.8	288.24	157.49	151.15
Gross Profit	574.82	593.94	394.8	201.33	109.02	100.94
Selling, General & Admin	178.31	138.5	87.42	54.14	52.54	58.61
Operating Expenses	178.31	138.5	87.42	54.14	52.54	58.61
Operating Income	396.51	455.44	307.39	147.18	56.48	42.33
Interest Expense	-10.43	-4.9	-0.42	-0.51	-0.53	-0.03
Interest & Investment Income	11.78	11.78	0.3	0.03	0.12	0.25
EBT Excluding Unusual Items	395.81	462.32	307.27	146.7	56.07	42.56
Gain (Loss) on Sale of Assets	-	-	-	-	-	3.53
Pretax Income	395.81	462.32	307.27	146.7	56.07	46.09
Income Tax Expense	84.34	93.92	67.15	35.45	16.03	11.57
Earnings From Continuing Operations	311.47	368.39	240.12	111.25	40.05	34.52
Minority Interest in Earnings	-6.87	-3.15	-	-	-	0.68
Net Income	304.61	365.24	240.12	111.25	40.05	35.2
Net Income to Common	304.61	365.24	240.12	111.25	40.05	35.2
Net Income Growth	-16.49%	52.11%	115.84%	177.79%	13.77%	123.61%
Shares Outstanding (Basic)	320	320	166	107	107	107
Shares Outstanding (Diluted)	320	320	166	107	107	107
Shares Change (YoY)	3.72%	93.05%	54.91%	-	-	-0.08%
EPS (Basic)	0.95	1.14	1.45	1.04	0.37	0.33
EPS (Diluted)	0.95	1.14	1.45	1.04	0.37	0.33
EPS Growth	-19.49%	-21.21%	39.33%	177.79%	13.77%	123.79%
Free Cash Flow	371.9	121.99	119.33	62.74	58.91	19.72
Free Cash Flow Per Share	1.16	0.38	0.72	0.59	0.55	0.18
Dividend Per Share	1.425	1.425	-	0.178	0.579	-
Dividend Growth	-	-	-	-69.29%	-	-
Gross Margin	32.39%	31.00%	43.17%	41.12%	40.91%	40.04%
Operating Margin	22.34%	23.77%	33.61%	30.06%	21.19%	16.79%
Profit Margin	17.16%	19.06%	26.25%	22.72%	15.03%	13.96%
Free Cash Flow Margin	20.96%	6.37%	13.05%	12.81%	22.10%	7.82%
EBITDA	436.36	478.64	310.78	149.04	58.18	43.99
EBITDA Margin	24.59%	24.98%	33.98%	30.44%	21.83%	17.45%
D&A For EBITDA	39.85	23.21	3.39	1.86	1.69	1.65
EBIT	396.51	455.44	307.39	147.18	56.48	42.33
EBIT Margin	22.34%	23.77%	33.61%	30.06%	21.19%	16.79%
Effective Tax Rate	21.31%	20.32%	21.85%	24.17%	28.58%	25.11%
Revenue as Reported	1,775	1,916	914.61	489.56	266.51	255.87
Advertising Expenses	-	22.64	3.72	2.67	3.11	2.24

Source: S&P Capital IQ. Standard template. Financial Sources.