Smart Concrete 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	426.36	579.22	709.15	570.22	457.36
Other Revenue	2.83	2.45	2.89	2.07	2.13
Revenue	429.2	581.67	712.05	572.29	459.48
Revenue Growth (YoY)	-26.21%	-18.31%	24.42%	24.55%	9.62%
Cost of Revenue	298.57	365.83	454.91	464.63	354.25
Gross Profit	130.63	215.84	257.14	107.66	105.24
Selling, General & Admin	91.94	107.97	113.09	56.5	54.84
Operating Expenses	91.94	107.97	113.09	56.5	54.84
Operating Income	38.69	107.87	144.05	51.16	50.39
Interest Expense	-1.29	-1.45	-1.74	-1.93	-2.13
Interest & Investment Income	3.74	3.87	1.78	-	-
Other Non Operating Income (Expenses)	-	-	-10	-	-
EBT Excluding Unusual Items	41.15	110.28	134.09	49.23	48.26
Pretax Income	41.15	110.28	134.09	49.23	48.26
Income Tax Expense	8.84	23.27	27.51	10.27	8.39
Net Income	32.3	87.02	106.58	38.96	39.87
Net Income to Common	32.3	87.02	106.58	38.96	39.87
Net Income Growth	-62.88%	-18.36%	173.55%	-2.27%	-12.96%
Shares Outstanding (Basic)	1,042	1,042	1,042	1,042	951
Shares Outstanding (Diluted)	1,042	1,042	1,042	1,042	951
Shares Change (YoY)	-	-	-	9.56%	3.33%
EPS (Basic)	0.03	0.08	0.10	0.04	0.04
EPS (Diluted)	0.03	0.08	0.10	0.04	0.04
EPS Growth	-62.88%	-18.36%	173.55%	-10.81%	-15.77%
Free Cash Flow	52.26	115.49	146.7	78.23	77.21
Free Cash Flow Per Share	0.05	0.11	0.14	0.07	0.08
Dividend Per Share	0.068	0.049	0.091	0.036	0.040
Dividend Growth	39.17%	-46.82%	149.86%	-8.75%	-33.33%
Gross Margin	30.44%	37.11%	36.11%	18.81%	22.90%
Operating Margin	9.01%	18.54%	20.23%	8.94%	10.97%
Profit Margin	7.53%	14.96%	14.97%	6.81%	8.68%
Free Cash Flow Margin	12.18%	19.86%	20.60%	13.67%	16.80%
EBITDA	75.51	150.69	185.37	92.39	93.27
EBITDA Margin	17.59%	25.91%	26.03%	16.14%	20.30%
D&A For EBITDA	36.82	42.82	41.32	41.23	42.88
EBIT	38.69	107.87	144.05	51.16	50.39
EBIT Margin	9.01%	18.54%	20.23%	8.94%	10.97%
Effective Tax Rate	21.49%	21.10%	20.51%	20.86%	17.39%
Revenue as Reported	429.2	581.67	712.05	572.29	459.48

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.