BKK:SWC 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	1,736	1,685	1,710	1,694	1,826
Other Revenue	1.33	4.26	3.72	2.22	5.95
Revenue	1,737	1,690	1,713	1,696	1,832
Revenue Growth (YoY)	2.82%	-1.38%	1.01%	-7.43%	40.85%
Cost of Revenue	922.35	994.53	1,100	1,128	1,080
Gross Profit	815.04	695.2	613.36	568.47	752.62
Selling, General & Admin	586.02	514.47	509.36	512.01	538.92
Operating Expenses	586.02	514.47	509.36	512.01	538.92
Operating Income	229.02	180.73	104	56.46	213.69
Interest Expense	-3.2	-2.7	-6.6	-1.94	-1.91
Interest & Investment Income	-	2.87	2.6	0.5	0.3
Other Non Operating Income (Expenses)	2.38	-	-	-	-
Pretax Income	228.21	180.89	100	55.02	212.09
Income Tax Expense	59.7	54.31	38.83	31.37	60.52
Earnings From Continuing Operations	168.5	126.58	61.17	23.64	151.57
Minority Interest in Earnings	-7.49	-7.2	-5.29	-6.39	-5.37
Net Income	161.01	119.38	55.88	17.26	146.2
Net Income to Common	161.01	119.38	55.88	17.26	146.2
Net Income Growth	34.88%	113.64%	223.81%	-88.20%	116.02%
Shares Outstanding (Basic)	503	499	499	456	355
Shares Outstanding (Diluted)	503	499	499	578	479
Shares Change (YoY)	0.89%	-	-13.75%	20.66%	-0.53%
EPS (Basic)	0.32	0.24	0.11	0.04	0.41
EPS (Diluted)	0.32	0.24	0.11	0.03	0.31
EPS Growth	33.69%	117.60%	302.93%	-91.17%	126.61%
Free Cash Flow	207.1	290.96	151.28	-12.02	249.81
Free Cash Flow Per Share	0.41	0.58	0.30	-0.02	0.52
Dividend Per Share	-	0.125	0.005	0.341	0.354
Dividend Growth	-	2350.98%	-98.50%	-3.84%	2.60%
Gross Margin	46.91%	41.14%	35.80%	33.51%	41.07%
Operating Margin	13.18%	10.70%	6.07%	3.33%	11.66%
Profit Margin	9.27%	7.07%	3.26%	1.02%	7.98%
Free Cash Flow Margin	11.92%	17.22%	8.83%	-0.71%	13.63%
EBITDA	283.89	214.1	137.87	86.29	241.3
EBITDA Margin	16.34%	12.67%	8.05%	5.09%	13.17%
D&A For EBITDA	54.86	33.37	33.86	29.83	27.61
EBIT	229.02	180.73	104	56.46	213.69
EBIT Margin	13.18%	10.70%	6.07%	3.33%	11.66%
Effective Tax Rate	26.16%	30.03%	38.83%	57.03%	28.53%
Revenue as Reported	1,737	1,690	1,713	1,696	1,832
Advertising Expenses	-	281.22	258.76	253.77	290.84

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