Thai Agro Energy PCL (BKK:TAE)

Thai Agro Energy PCL Income Statement

Financials in millions THB. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Operating Revenue	1,950	2,262	2,645	2,030	2,207
Other Revenue	18.21	27.96	34.39	1.59	0.6
Revenue	1,968	2,290	2,679	2,031	2,208
Revenue Growth (YoY)	-14.05%	-14.53%	31.89%	-8.00%	-8.33%
Cost of Revenue	1,816	2,049	2,414	1,929	2,142
Gross Profit	152.2	241.14	264.69	102.69	65.41
Selling, General & Admin	106.28	145.58	158.55	148.3	102.05
Operating Expenses	106.28	145.58	158.55	148.3	102.05
Operating Income	45.92	95.56	106.14	-45.61	-36.64
Interest Expense	-55.66	-63.37	-69.42	-45.18	-36.78
Interest & Investment Income	0.11	0.21	1.29	0.04	0.04
EBT Excluding Unusual Items	-9.63	32.41	38.01	-90.75	-73.38
Other Unusual Items	-	-3.42	-	-	-
Pretax Income	-9.63	28.99	38.01	-90.75	-73.38
Income Tax Expense	-1.5	6.53	7.73	-14.79	-14.97
Net Income	-8.12	22.46	30.28	-75.96	-58.42
Net Income to Common	-8.12	22.46	30.28	-75.96	-58.42
Net Income Growth	-	-25.83%	-	-	-
Shares Outstanding (Basic)	1,000	1,000	1,000	1,000	1,000
Shares Outstanding (Diluted)	1,000	1,000	1,000	1,000	1,000
EPS (Basic)	-0.01	0.02	0.03	-0.08	-0.06
EPS (Diluted)	-0.01	0.02	0.03	-0.08	-0.06
EPS Growth	-	-25.83%	-	-	-
Free Cash Flow	32.57	174.33	596.79	-303.3	-149.53
Free Cash Flow Per Share	0.03	0.17	0.60	-0.30	-0.15
Gross Margin	7.73%	10.53%	9.88%	5.05%	2.96%
Operating Margin	2.33%	4.17%	3.96%	-2.25%	-1.66%
Profit Margin	-0.41%	0.98%	1.13%	-3.74%	-2.65%
Free Cash Flow Margin	1.65%	7.61%	22.27%	-14.93%	-6.77%
EBITDA	220.27	275.13	282.14	116.48	125.59
EBITDA Margin	11.19%	12.01%	10.53%	5.73%	5.69%
D&A For EBITDA	174.36	179.57	176	162.1	162.24
EBIT	45.92	95.56	106.14	-45.61	-36.64
EBIT Margin	2.33%	4.17%	3.96%	-2.25%	-1.66%
Effective Tax Rate	-	22.52%	20.33%	-	-
Revenue as Reported	1,968	2,361	2,679	2,031	2,208

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