TPI Polene Power PCL (BKK:TPIPP)

TPI Polene Power 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	34,628	35,770	42,807	48,133	38,920
Revenue	34,628	35,770	42,807	48,133	38,920
Revenue Growth (YoY)	-3.19%	-16.44%	-11.06%	23.67%	13.55%
Pretax Income	3,157	2,910	4,598	8,011	7,457
Income Tax Expense	484.49	485.14	292.41	165.83	539.28
Earnings From Continuing Ops.	2,673	2,425	4,305	7,845	6,918
Minority Interest in Earnings	-674.42	-982.85	-1,087	-837.17	-1,247
Net Income	1,999	1,442	3,218	7,008	5,671
Net Income to Common	1,999	1,442	3,218	7,008	5,671
Net Income Growth	38.55%	-55.17%	-54.08%	23.58%	278.50%
Shares Outstanding (Basic)	18,935	18,935	18,935	18,944	19,102
Shares Outstanding (Diluted)	18,935	18,935	18,935	18,944	19,102
Shares Change (YoY)	-	-	-0.04%	-0.83%	1.05%
EPS (Basic)	0.11	0.08	0.17	0.37	0.30
EPS (Diluted)	0.11	0.08	0.17	0.37	0.30
EPS Growth	38.55%	-55.17%	-54.06%	24.61%	274.56%
Free Cash Flow	65.97	-1,718	723.31	2,308	872.73
Free Cash Flow Per Share	0.00	-0.09	0.04	0.12	0.05
Dividend Per Share	-	0.050	0.100	0.100	0.090
Dividend Growth	-	-50.00%	-	11.11%	50.00%
Profit Margin	5.77%	4.03%	7.52%	14.56%	14.57%
Free Cash Flow Margin	0.19%	-4.80%	1.69%	4.79%	2.24%
EBITDA	9,197	7,675	9,297	12,506	11,932
EBITDA Margin	26.56%	21.46%	21.72%	25.98%	30.66%
D&A For EBITDA	3,165	2,985	3,113	3,090	2,890
EBIT	6,033	4,690	6,184	9,416	9,042
EBIT Margin	17.42%	13.11%	14.45%	19.56%	23.23%
Effective Tax Rate	15.35%	16.67%	6.36%	2.07%	7.23%

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