Principal Capital 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	6,064	5,703	5,081	6,685	5,059
Revenue Growth (YoY)	6.33%	12.24%	-23.99%	32.14%	90.85%
Cost of Revenue	4,903	4,562	4,203	4,721	3,644
Gross Profit	1,160	1,141	877.75	1,963	1,415
Selling, General & Admin	1,436	1,438	1,314	1,482	1,106
Operating Expenses	1,427	1,419	1,448	1,502	1,106
Operating Income	-266.35	-278.47	-570.01	460.95	308.3
Interest Expense	-164.69	-207.21	-199.57	-162.46	-146.64
Earnings From Equity Investments	-25.29	-46.85	0.48	-0.13	0.07
Other Non Operating Income (Expenses)	44.57	50.64	-42.38	98.13	45.98
EBT Excluding Unusual Items	-411.76	-481.89	-811.49	396.49	207.71
Gain (Loss) on Sale of Investments	-	7.18	4.66	2.4	0.92
Asset Writedown	-	-4.26	-	-	-
Pretax Income	-411.76	-478.97	-806.83	398.89	208.63
Income Tax Expense	42.8	19.09	44.37	92.59	115.75
Earnings From Continuing Operations	-454.57	-498.06	-851.2	306.31	92.88
Earnings From Discontinued Operations	-	824.61	120.89	-	-
Net Income to Company	-454.57	326.56	-730.31	306.31	92.88
Minority Interest in Earnings	48.52	24.88	40.01	-66.31	-11.66
Net Income	-406.05	351.44	-690.3	240	81.22
Net Income to Common	-406.05	351.44	-690.3	240	81.22
Net Income Growth	-	-	-	195.50%	-
Shares Outstanding (Basic)	4,060	3,809	3,809	3,809	3,672
Shares Outstanding (Diluted)	4,060	3,809	3,809	3,809	3,672
Shares Change (YoY)	6.61%	-	-	3.72%	6.05%
EPS (Basic)	-0.10	0.09	-0.18	0.06	0.02
EPS (Diluted)	-0.10	0.09	-0.18	0.06	0.02
EPS Growth	-	-	-	184.90%	-
Free Cash Flow	-680.53	-673.38	-320.25	162.75	-748.73
Free Cash Flow Per Share	-0.17	-0.18	-0.08	0.04	-0.20
Dividend Per Share	-	0.010	-	-	-
Gross Margin	19.14%	20.00%	17.27%	29.37%	27.96%
Operating Margin	-4.39%	-4.88%	-11.22%	6.90%	6.09%
Profit Margin	-6.70%	6.16%	-13.59%	3.59%	1.60%
Free Cash Flow Margin	-11.22%	-11.81%	-6.30%	2.44%	-14.80%
EBITDA	428.92	250.49	20.74	973.76	794.65
EBITDA Margin	7.07%	4.39%	0.41%	14.57%	15.71%
D&A For EBITDA	695.27	528.96	590.75	512.81	486.35
EBIT	-266.35	-278.47	-570.01	460.95	308.3
EBIT Margin	-4.39%	-4.88%	-11.22%	6.90%	6.09%
Effective Tax Rate	-	-	-	23.21%	55.48%

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