Tipco Foods PCL (BKK:TIPCO)

Tipco Foods PCL Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	1,950	1,955	1,932	2,895	2,428	2,500
Other Revenue	119.08	137.11	96.44	-	-	-
Revenue	2,069	2,092	2,029	2,895	2,428	2,500
Revenue Growth (YoY)	-3.10%	3.11%	-29.93%	19.27%	-2.90%	-31.11%
Cost of Revenue	1,348	1,399	1,382	2,314	1,835	2,064
Gross Profit	721.18	692.91	646.74	580.9	592.46	435.74
Selling, General & Admin	676.97	703.39	732.45	944.07	741.14	788.04
Other Operating Expenses	-	-	-	-89.09	-96.43	-75.69
Operating Expenses	676.97	703.39	732.45	854.98	644.71	712.35
Operating Income	44.22	-10.48	-85.71	-274.08	-52.25	-276.62
Interest Expense	-74.94	-73.29	-59.48	-43.24	-38.7	-50.96
Interest & Investment Income	0	0	0.01	0.01	0.02	0.05
Earnings From Equity Investments	499.79	329.96	540.29	554.58	520.18	836.97
Currency Exchange Gain (Loss)	-0.83	-0.35	1.09	4.05	-16.04	-24.19
EBT Excluding Unusual Items	468.24	245.85	396.19	241.32	413.2	485.25
Pretax Income	463.24	245.85	396.19	241.32	413.2	485.25
Income Tax Expense	63.77	47.79	-18.3	-38.5	-15.4	3.44
Earnings From Continuing Operations	399.47	198.06	414.49	279.82	428.6	481.81
Earnings From Discontinued Operations	-192.77	-290.16	-168.75	-	-	-
Net Income to Company	206.7	-92.1	245.75	279.82	428.6	481.81
Net Income	206.7	-92.1	245.75	279.82	428.6	481.81
Net Income to Common	206.7	-92.1	245.75	279.82	428.6	481.81
Net Income Growth	-	-	-12.18%	-34.71%	-11.04%	132.01%
Shares Outstanding (Basic)	483	483	483	483	482	482
Shares Outstanding (Diluted)	483	483	483	483	482	482
Shares Change (YoY)	-	-	-	0.21%	-0.05%	-0.24%
EPS (Basic)	0.43	-0.19	0.51	0.58	0.89	1.00
EPS (Diluted)	0.43	-0.19	0.51	0.58	0.89	1.00
EPS Growth	-	-	-12.18%	-34.85%	-11.00%	132.56%
Free Cash Flow	-123.44	-177.76	-139.03	-82.81	172.33	29.49
Free Cash Flow Per Share	-0.26	-0.37	-0.29	-0.17	0.36	0.06
Dividend Per Share	0.180	0.180	0.740	0.890	0.770	0.940
Dividend Growth	-71.43%	-75.68%	-16.85%	15.58%	-18.09%	176.47%
Gross Margin	34.85%	33.13%	31.88%	20.06%	24.41%	17.43%
Operating Margin	2.14%	-0.50%	-4.23%	-9.47%	-2.15%	-11.06%
Profit Margin	9.99%	-4.40%	12.11%	9.66%	17.66%	19.27%
Free Cash Flow Margin	-5.96%	-8.50%	-6.85%	-2.86%	7.10%	1.18%
EBITDA	213.46	166.89	119.72	46.34	318.06	71.99
EBITDA Margin	10.32%	7.98%	5.90%	1.60%	13.10%	2.88%
D&A For EBITDA	169.24	177.37	205.44	320.43	370.31	348.6
EBIT	44.22	-10.48	-85.71	-274.08	-52.25	-276.62
EBIT Margin	2.14%	-0.50%	-4.23%	-9.47%	-2.15%	-11.06%
Effective Tax Rate	13.76%	19.44%	-	-	-	0.71%
Revenue as Reported	2,069	2,092	2,030	2,988	2,524	2,576

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