SAAM Development Public Company Limited (BKK: SAAM)

SAAM 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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	117.31	117.21	73.78	71.8	71.96	71.81
Other Revenue	1.18	1.14	0.89	1.21	1.4	1.51
Revenue	118.49	118.36	74.67	73.01	73.36	73.33
Revenue Growth (YoY)	65.22%	58.51%	2.26%	-0.47%	0.05%	2.22%
Cost of Revenue	22.29	21.97	19.66	18.89	19.55	19.03
Gross Profit	96.2	96.39	55.01	54.12	53.81	54.3
Selling, General & Admin	23.43	22.08	26.66	20.25	19.29	26.72
Operating Expenses	23.43	22.08	26.66	20.25	19.29	26.72
Operating Income	72.77	74.31	28.35	33.87	34.52	27.58
Interest Expense	-2.8	-2.78	-2.49	-3.16	-3.65	-4.59
Earnings From Equity Investments	-2.88	-2.82	0.41	-	-	-
Currency Exchange Gain (Loss)	0.01	-0.35	-1.02	2.42	-0.77	-1.67
EBT Excluding Unusual Items	67.09	68.36	25.25	33.13	30.1	21.31
Gain (Loss) on Sale of Assets	-	-	51.33	-	-	-
Pretax Income	67.09	68.36	76.57	33.13	30.1	21.31
Income Tax Expense	8.53	6.81	4.29	5.44	5.86	4.81
Earnings From Continuing Operations	58.56	61.56	72.29	27.69	24.24	16.5
Minority Interest in Earnings	-0	-0	-0	0.01	0.03	0.05
Net Income	58.56	61.55	72.28	27.7	24.27	16.55
Net Income to Common	58.56	61.55	72.28	27.7	24.27	16.55
Net Income Growth	172.83%	-14.84%	160.93%	14.13%	46.67%	7.16%
Shares Outstanding (Basic)	300	300	300	300	300	300
Shares Outstanding (Diluted)	300	300	300	300	300	300
Shares Change (YoY)	0.00%	0.00%	0.00%	-	-	35.29%
EPS (Basic)	0.20	0.21	0.24	0.09	0.08	0.06
EPS (Diluted)	0.20	0.20	0.24	0.09	0.08	0.06
EPS Growth	172.56%	-14.92%	161.90%	13.71%	46.67%	-20.79%
Free Cash Flow	30.5	-2.45	28.77	66	34.76	30
Free Cash Flow Per Share	0.10	-0.01	0.10	0.22	0.12	0.10
Dividend Per Share	0.090	0.060	-	-	0.063	0.075
Dividend Growth	-	-	-	-	-16.00%	200.00%
Gross Margin	81.19%	81.44%	73.67%	74.13%	73.35%	74.05%
Operating Margin	61.41%	62.78%	37.97%	46.39%	47.05%	37.61%
Profit Margin	49.42%	52.01%	96.81%	37.94%	33.09%	22.57%
Free Cash Flow Margin	25.74%	-2.07%	38.54%	90.39%	47.38%	40.91%
EBITDA	79.13	80.49	34.6	43.96	40.89	33.33
EBITDA Margin	66.78%	68.01%	46.34%	60.21%	55.74%	45.46%
D&A For EBITDA	6.36	6.19	6.25	10.09	6.37	5.76
EBIT	72.77	74.31	28.35	33.87	34.52	27.58
EBIT Margin	61.41%	62.78%	37.97%	46.39%	47.05%	37.61%
Effective Tax Rate	12.72%	9.95%	5.60%	16.41%	19.46%	22.58%
Revenue as Reported	118.85	118.36	125.99	75.43	73.36	73.33

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