Ramkhamhaeng Hospital PCL (BKK:RAM)

Ramkhamhaeng Hospital PCL Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	10,148	9,868	9,634	10,687	12,664	7,826
Revenue Growth (YoY)	3.98%	2.42%	-9.85%	-15.62%	61.83%	75.95%
Cost of Revenue	7,762	7,532	7,461	7,810	7,941	6,785
Gross Profit	2,386	2,336	2,174	2,876	4,723	1,041
Selling, General & Admin	1,367	1,360	1,520	1,513	1,364	1,242
Operating Expenses	1,449	1,441	1,559	1,513	1,364	1,242
Operating Income	937.18	894.63	614.3	1,363	3,359	-201.07
Interest Expense	-422.88	-428.72	-332.3	-243.38	-239.31	-211
Interest & Investment Income	300.87	267.99	296.43	355.19	316.5	259.33
Earnings From Equity Investments	34.86	56.81	707.72	1,002	2,259	119.67
Other Non Operating Income (Expenses)	74.88	108.83	92.65	102.12	79.51	107.43
EBT Excluding Unusual Items	924.92	899.53	1,379	2,579	5,775	74.35
Gain (Loss) on Sale of Investments	-	-	313.89	84.12	122.15	862.63
Gain (Loss) on Sale of Assets	-15.55	-15.55	1.13	0.48	-	-
Pretax Income	909.37	883.98	1,694	2,664	5,897	936.98
Income Tax Expense	195.7	191.23	271.03	275.04	506.33	39.44
Earnings From Continuing Operations	713.67	692.75	1,423	2,389	5,391	897.55
Minority Interest in Earnings	15.23	35.08	128.43	-214.83	-1,220	373.54
Net Income	728.89	727.83	1,551	2,174	4,171	1,271
Net Income to Common	728.89	727.83	1,551	2,174	4,171	1,271
Net Income Growth	-55.21%	-53.08%	-28.64%	-47.89%	228.15%	-11.46%
Shares Outstanding (Basic)	1,200	1,200	1,200	1,200	1,200	1,200
Shares Outstanding (Diluted)	1,200	1,200	1,200	1,200	1,200	1,200
EPS (Basic)	0.61	0.61	1.29	1.81	3.48	1.06
EPS (Diluted)	0.61	0.61	1.29	1.81	3.48	1.06
EPS Growth	-55.21%	-53.08%	-28.64%	-47.89%	228.15%	-11.46%
Free Cash Flow	147.67	-35.6	-259.77	631.6	2,413	-20.18
Free Cash Flow Per Share	0.12	-0.03	-0.22	0.53	2.01	-0.02
Dividend Per Share	-	-	0.900	1.100	0.760	0.720
Dividend Growth	-	-	-18.18%	44.74%	5.56%	-
Gross Margin	23.51%	23.67%	22.56%	26.91%	37.30%	13.30%
Operating Margin	9.24%	9.07%	6.38%	12.76%	26.52%	-2.57%
Profit Margin	7.18%	7.38%	16.10%	20.34%	32.94%	16.24%
Free Cash Flow Margin	1.46%	-0.36%	-2.70%	5.91%	19.05%	-0.26%
EBITDA	1,907	1,896	1,586	2,315	4,144	1,032
EBITDA Margin	18.79%	19.21%	16.46%	21.66%	32.72%	13.19%
D&A For EBITDA	969.93	1,001	971.54	951.2	784.55	1,233
EBIT	937.18	894.63	614.3	1,363	3,359	-201.07
EBIT Margin	9.24%	9.07%	6.38%	12.76%	26.52%	-2.57%
Effective Tax Rate	21.52%	21.63%	16.00%	10.33%	8.59%	4.21%
Revenue as Reported	10,508	10,229	10,334	11,219	13,218	9,025
Advertising Expenses	-	53.38	48.18	66.26	67.88	57.86

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