Ratch Group PCL (BKK: RATCH)

Ratch Group PCL 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
Revenue	32,371	41,239	71,882	35,231	31,653	35,441
Revenue Growth (YoY)	-37.97%	-42.63%	104.03%	11.31%	-10.69%	-2.05%
Selling, General & Admin	3,181	3,037	2,410	1,708	1,601	1,554
Other Operating Expenses	28,665	37,454	69,011	32,892	29,952	32,984
Total Operating Expenses	31,846	40,491	71,421	34,600	31,553	34,537
Operating Income	524.59	747.2	461.18	631.49	99.06	903.64
Interest Expense	-4,601	-4,443	-2,977	-1,868	-1,551	-1,431
Interest Income	3,727	4,285	3,369	2,359	2,774	3,230
Net Interest Expense	-873.25	-157.91	392.65	491.41	1,222	1,799
Income (Loss) on Equity Investments	5,896	3,815	5,391	5,902	4,600	3,968
Currency Exchange Gain (Loss)	-8.94	133.45	-30.13	206.29	304.45	-132.48
Other Non-Operating Income (Expenses)	1,299	1,449	57.48	541.46	88.76	67.14
EBT Excluding Unusual Items	6,837	5,987	6,272	7,773	6,315	6,606
Total Merger & Restructuring Charges	-	-	-369	-	-	-
Impairment of Goodwill	-	-	-	-	-	-42.31
Gain (Loss) on Sale of Investments	-	-	661.08	-	-	-
Insurance Settlements	352.12	352.12	49.12	-	-	-
Other Unusual Items	-	-	-	227.03	-	269.92
Pretax Income	7,189	6,339	6,614	8,000	6,315	6,833
Income Tax Expense	971.91	860.31	937.34	177.17	28.36	870.07
Earnings From Continuing Ops.	6,217	5,479	5,676	7,823	6,287	5,963
Minority Interest in Earnings	-319.26	-311.78	105.89	-4.11	-0.03	-0
Net Income	5,898	5,167	5,782	7,819	6,287	5,963
Net Income to Common	5,898	5,167	5,782	7,819	6,287	5,963
Net Income Growth	30.68%	-10.63%	-26.05%	24.37%	5.42%	6.72%
Shares Outstanding (Basic)	2,179	2,175	1,833	1,450	1,450	1,450
Shares Outstanding (Diluted)	2,179	2,175	1,833	1,450	1,450	1,450
Shares Change (YoY)	4.34%	18.63%	26.44%	-	-	-
EPS (Basic)	2.71	2.38	3.15	5.39	4.34	4.11
EPS (Diluted)	2.71	2.38	3.15	5.39	4.34	4.11
EPS Growth	25.24%	-24.67%	-41.51%	24.37%	5.42%	6.72%
Free Cash Flow	6,847	7,699	5,129	5,260	2,663	3,147
Free Cash Flow Per Share	3.14	3.54	2.80	3.63	1.84	2.17
Dividend Per Share	1.600	1.600	1.600	2.500	2.400	2.400
Dividend Growth	0%	0%	-36.00%	4.17%	0%	0%
Profit Margin	18.22%	12.53%	8.04%	22.19%	19.86%	16.83%
Free Cash Flow Margin	21.15%	18.67%	7.14%	14.93%	8.41%	8.88%
EBITDA	4,866	4,813	3,498	2,669	1,830	2,420
EBITDA Margin	15.03%	11.67%	4.87%	7.57%	5.78%	6.83%
D&A For EBITDA	4,341	4,065	3,037	2,037	1,731	1,517
EBIT	524.59	747.2	461.18	631.49	99.06	903.64
EBIT Margin	1.62%	1.81%	0.64%	1.79%	0.31%	2.55%
Effective Tax Rate	13.52%	13.57%	14.17%	2.21%	0.45%	12.73%

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