SAAM Development 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
Operating Revenue	71.27	71.08	117.21	73.78	71.8
Other Revenue	1.94	1.35	1.14	0.89	1.21
Revenue	73.21	72.43	118.36	74.67	73.01
Revenue Growth (YoY)	1.08%	-38.80%	58.51%	2.26%	-0.47%
Cost of Revenue	19.44	19.8	21.97	19.66	18.89
Gross Profit	53.77	52.63	96.39	55.01	54.12
Selling, General & Admin	40.25	27.26	22.08	26.66	20.25
Operating Expenses	61.46	28.91	22.08	26.66	20.25
Operating Income	-7.69	23.72	74.31	28.35	33.87
Interest Expense	-2.08	-2.67	-2.78	-2.49	-3.16
Earnings From Equity Investments	0.04	0.64	-2.82	0.41	-
Currency Exchange Gain (Loss)	1.52	-1.25	-0.35	-1.02	2.42
EBT Excluding Unusual Items	-8.22	20.45	68.36	25.25	33.13
Gain (Loss) on Sale of Assets	-	-	-	51.33	-
Pretax Income	-8.22	20.45	68.36	76.57	33.13
Income Tax Expense	1.44	5.99	6.81	4.29	5.44
Earnings From Continuing Operations	-9.66	14.45	61.56	72.29	27.69
Minority Interest in Earnings	-0	-0	-0	-0	0.01
Net Income	-9.66	14.45	61.55	72.28	27.7
Net Income to Common	-9.66	14.45	61.55	72.28	27.7
Net Income Growth	-	-76.52%	-14.84%	160.93%	14.13%
Shares Outstanding (Basic)	314	300	300	300	300
Shares Outstanding (Diluted)	314	300	300	300	300
Shares Change (YoY)	4.81%	-	0.00%	0.00%	-
EPS (Basic)	-0.03	0.05	0.21	0.24	0.09
EPS (Diluted)	-0.03	0.05	0.20	0.24	0.09
EPS Growth	-	-76.59%	-14.92%	161.90%	13.71%
Free Cash Flow	4.76	25.03	-2.45	28.77	66
Free Cash Flow Per Share	0.01	0.08	-0.01	0.10	0.22
Dividend Per Share	0.050	0.030	0.060	-	-
Dividend Growth	66.67%	-50.00%	-	-	-
Gross Margin	73.45%	72.67%	81.44%	73.67%	74.13%
Operating Margin	-10.51%	32.75%	62.78%	37.97%	46.39%
Profit Margin	-13.19%	19.96%	52.01%	96.81%	37.94%
Free Cash Flow Margin	6.50%	34.56%	-2.07%	38.54%	90.39%
EBITDA	-1.8	30.05	80.49	34.6	43.96
EBITDA Margin	-2.45%	41.49%	68.01%	46.34%	60.21%
D&A For EBITDA	5.9	6.33	6.19	6.25	10.09
EBIT	-7.69	23.72	74.31	28.35	33.87
EBIT Margin	-10.51%	32.75%	62.78%	37.97%	46.39%
Effective Tax Rate	-	29.30%	9.96%	5.60%	16.41%
Revenue as Reported	74.73	72.43	118.36	125.99	75.43

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