Thanasiri Group 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
Revenue	468.35	542.75	525.91	690.13	286.86
Revenue Growth (YoY)	-13.71%	3.20%	-23.80%	140.58%	-15.17%
Cost of Revenue	338.21	387.31	378.83	468.38	213.98
Gross Profit	130.14	155.44	147.08	221.75	72.89
Selling, General & Admin	136.36	124.72	111.77	146.86	96.45
Other Operating Expenses	-1.49	-2.18	-4.27	-10.7	-20.09
Operating Expenses	134.87	122.53	107.5	136.16	76.35
Operating Income	-4.73	32.91	39.58	85.59	-3.47
Interest Expense	-17.57	-24.08	-10.35	-9.97	-11.07
Interest & Investment Income	3.93	2.68	1.56	0.84	-
Earnings From Equity Investments	6.73	18.97	16.73	21.68	23
EBT Excluding Unusual Items	-11.64	30.47	47.52	98.13	8.47
Gain (Loss) on Sale of Assets	0	4.9	1.67	0.89	-
Pretax Income	-11.64	35.37	49.2	99.02	8.47
Income Tax Expense	-1.32	5.02	13.11	18.55	-11
Earnings From Continuing Operations	-10.32	30.35	36.09	80.48	19.46
Minority Interest in Earnings	2.77	3.87	4.78	3.89	3.55
Net Income	-7.55	34.22	40.87	84.37	23.01
Net Income to Common	-7.55	34.22	40.87	84.37	23.01
Net Income Growth	-	-16.27%	-51.56%	266.73%	-
Shares Outstanding (Basic)	277	277	277	257	253
Shares Outstanding (Diluted)	277	277	277	257	253
Shares Change (YoY)	-	-	8.07%	1.36%	-
EPS (Basic)	-0.03	0.12	0.15	0.33	0.09
EPS (Diluted)	-0.03	0.12	0.15	0.33	0.09
EPS Growth	-	-16.27%	-55.18%	261.81%	-
Free Cash Flow	167.49	152.92	-188.32	-26.35	-192.53
Free Cash Flow Per Share	0.60	0.55	-0.68	-0.10	-0.76
Dividend Per Share	-	0.041	0.068	0.120	-
Dividend Growth	-	-39.71%	-43.33%	-	-
Gross Margin	27.79%	28.64%	27.97%	32.13%	25.41%
Operating Margin	-1.01%	6.06%	7.52%	12.40%	-1.21%
Profit Margin	-1.61%	6.30%	7.77%	12.22%	8.02%
Free Cash Flow Margin	35.76%	28.18%	-35.81%	-3.82%	-67.12%
EBITDA	-3.2	34.36	40.55	86.31	-1.81
EBITDA Margin	-0.68%	6.33%	7.71%	12.51%	-0.63%
D&A For EBITDA	1.53	1.45	0.98	0.72	1.65
EBIT	-4.73	32.91	39.58	85.59	-3.47
EBIT Margin	-1.01%	6.06%	7.52%	12.40%	-1.21%
Effective Tax Rate	-	14.20%	26.64%	18.73%	-
Revenue as Reported	468.35	542.75	525.91	-	-
Advertising Expenses	17	23	22.66	13.66	5.62

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