Thanulux 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
Operating Revenue	185.58	174.37	207.2	1,777	1,346
Other Revenue	1,026	890.71	636.55	46.21	-
Revenue	1,212	1,065	843.75	1,823	1,346
Revenue Growth (YoY)	13.79%	26.23%	-53.72%	35.46%	18.82%
Cost of Revenue	-	-	-	1,243	974.37
Gross Profit	1,212	1,065	843.75	580.49	371.58
Selling, General & Admin	286.04	279.23	218.7	566.82	385.2
Operating Expenses	361.19	463.89	326.73	566.82	385.2
Operating Income	850.79	601.19	517.02	13.67	-13.63
Interest Expense	-207.26	-127.56	-81.49	-6.76	-0.73
Interest & Investment Income	-	32.76	27.69	45.56	65.81
Earnings From Equity Investments	-166.36	-10.08	-205.08	-4.15	-2.12
Other Non Operating Income (Expenses)	-	21.91	53.24	82.74	26.64
EBT Excluding Unusual Items	477.16	518.22	311.38	131.06	75.97
Gain (Loss) on Sale of Investments	-	-	201.22	-	-
Gain (Loss) on Sale of Assets	-	-	-	8.91	-
Pretax Income	477.16	518.22	512.6	139.97	75.97
Income Tax Expense	62.55	167.85	144.47	38.11	13.36
Earnings From Continuing Operations	414.61	350.37	368.13	101.86	62.61
Earnings From Discontinued Operations	-	50.77	145.25	-	-
Net Income to Company	414.61	401.15	513.38	101.86	62.61
Minority Interest in Earnings	-	-1.62	-10.01	0.48	0.03
Net Income	414.61	399.53	503.38	102.34	62.64
Net Income to Common	414.61	399.53	503.38	102.34	62.64
Net Income Growth	3.77%	-20.63%	391.86%	63.39%	482.28%
Shares Outstanding (Basic)	305	305	286	128	120
Shares Outstanding (Diluted)	307	307	288	130	120
Shares Change (YoY)	-0.20%	6.64%	121.15%	8.58%	0.40%
EPS (Basic)	1.36	1.31	1.76	0.80	0.52
EPS (Diluted)	1.35	1.30	1.74	0.79	0.52
EPS Growth	4.23%	-25.74%	120.77%	51.35%	479.98%
Free Cash Flow	-419.04	-669.17	-2,506	-1,916	-24.68
Free Cash Flow Per Share	-1.37	-2.18	-8.70	-14.70	-0.21
Dividend Per Share	-	0.400	0.300	0.200	0.500
Dividend Growth	-	33.33%	50.00%	-60.00%	614.29%
Gross Margin	100.00%	100.00%	100.00%	31.84%	27.61%
Operating Margin	70.20%	56.45%	61.28%	0.75%	-1.01%
Profit Margin	34.21%	37.51%	59.66%	5.61%	4.65%
Free Cash Flow Margin	-34.58%	-62.83%	-297.03%	-105.06%	-1.83%
EBITDA	872.47	625.91	552.79	57.04	25.37
EBITDA Margin	71.99%	58.77%	65.52%	3.13%	1.88%
D&A For EBITDA	21.68	24.72	35.77	43.37	39
EBIT	850.79	601.19	517.02	13.67	-13.63
EBIT Margin	70.20%	56.45%	61.28%	0.75%	-1.01%
Effective Tax Rate	13.11%	32.39%	28.18%	27.23%	17.58%
Revenue as Reported	1,212	1,120	1,126	1,960	1,333

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