Thai Beverage PCL (BKK:THAIBEV19)

Thai Beverage PCL Income Statement

Financials in millions THB. Fiscal year is October - September.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020
Operating Revenue	342,009	340,289	332,931	272,359	240,543	253,481
Other Revenue	1,341	1,357	1,830	-	721.15	933.38
Revenue	343,351	341,646	334,760	272,359	241,264	254,414
Revenue Growth (YoY)	-5.26%	2.06%	22.91%	12.89%	-5.17%	-5.10%
Cost of Revenue	238,495	237,081	234,243	191,902	169,060	178,620
Gross Profit	104,856	104,565	100,517	80,456	72,205	75,794
Selling, General & Admin	62,200	60,778	59,063	41,873	37,702	40,261
Operating Expenses	62,200	60,778	59,063	41,873	37,702	40,261
Operating Income	42,656	43,787	41,453	38,583	34,503	35,533
Interest Expense	-8,503	-8,433	-7,699	-6,227	-6,825	-7,048
Interest & Investment Income	2,414	2,414	2,596	1,562	1,376	1,429
Earnings From Equity Investments	5,200	5,576	4,994	5,044	2,777	3,256
Currency Exchange Gain (Loss)	-663.21	-326.55	-103.02	184.38	141.84	-41.03
Other Non Operating Income (Expenses)	-	-	-	794.7	-	-
EBT Excluding Unusual Items	41,103	43,016	41,242	39,941	31,973	33,130
Merger & Restructuring Charges	-	-	-	-	-	-492.41
Other Unusual Items	-2,010	-4,705	-4,336	-	-	-
Pretax Income	39,093	38,312	36,907	39,941	31,973	32,931
Income Tax Expense	7,644	7,746	6,179	5,436	4,634	6,866
Earnings From Continuing Operations	31,449	30,565	30,727	34,505	27,339	26,065
Minority Interest in Earnings	-4,715	-3,350	-3,293	-4,399	-2,694	-3,313
Net Income	26,735	27,216	27,434	30,106	24,645	22,752
Net Income to Common	26,735	27,216	27,434	30,106	24,645	22,752
Net Income Growth	0.88%	-0.80%	-8.88%	22.16%	8.32%	-2.24%
Shares Outstanding (Basic)	24,934	25,127	25,125	25,121	25,119	25,116
Shares Outstanding (Diluted)	24,938	25,131	25,133	25,127	25,124	25,120
Shares Change (YoY)	-1.02%	-0.01%	0.02%	0.01%	0.02%	0.01%
EPS (Basic)	1.07	1.08	1.09	1.20	0.98	0.91
EPS (Diluted)	1.07	1.08	1.09	1.20	0.98	0.91
EPS Growth	1.79%	-0.92%	-9.05%	22.29%	8.18%	-2.25%
Free Cash Flow	28,631	29,110	31,059	41,679	28,691	32,919
Free Cash Flow Per Share	1.15	1.16	1.24	1.66	1.14	1.31
Dividend Per Share	0.545	0.620	0.600	0.600	0.500	0.460
Dividend Growth	3.81%	3.33%	-	20.00%	8.70%	-4.17%
Gross Margin	30.54%	30.61%	30.03%	29.54%	29.93%	29.79%
Operating Margin	12.42%	12.82%	12.38%	14.17%	14.30%	13.97%
Profit Margin	7.79%	7.97%	8.20%	11.05%	10.21%	8.94%
Free Cash Flow Margin	8.34%	8.52%	9.28%	15.30%	11.89%	12.94%
EBITDA	50,757	51,775	49,240	46,344	40,627	42,098
EBITDA Margin	14.78%	15.15%	14.71%	17.02%	16.84%	16.55%
D&A For EBITDA	8,101	7,989	7,786	7,761	6,124	6,565
EBIT	42,656	43,787	41,453	38,583	34,503	35,533
EBIT Margin	12.42%	12.82%	12.38%	14.17%	14.30%	13.97%
Effective Tax Rate	19.55%	20.22%	16.74%	13.61%	14.49%	20.85%
Revenue as Reported	345,620	344,059	337,357	272,359	242,782	256,136
Advertising Expenses	-	6,177	5,355	2,853	2,298	4,603

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