TPI Polene Power PCL (BKK:TPIPP)

TPI Polene Power PCL Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Operating Revenue	8,498	9,066	10,747	10,990	10,200	11,074
Revenue	8,498	9,066	10,747	10,990	10,200	11,074
Revenue Growth (YoY)	-22.12%	-15.64%	-2.21%	7.74%	-7.89%	-0.41%
Selling, General & Admin	555.3	549.47	527	537.41	523.77	647.25
Other Operating Expenses	5,932	5,884	6,633	6,801	6,818	5,946
Total Operating Expenses	6,488	6,433	7,160	7,338	7,342	6,593
Operating Income	2,010	2,633	3,587	3,651	2,858	4,480
Interest Expense	-583.25	-460.78	-255.05	-147.87	-86.37	-202.64
Interest Income	108.99	101.05	141.55	120.59	52.33	43.85
Net Interest Expense	-474.25	-359.73	-113.51	-27.28	-34.05	-158.8
Income (Loss) on Equity Investments	4.09	5.36	4.64	3.26	-0.11	-
Currency Exchange Gain (Loss)	37.75	88.81	21.29	42.77	6.73	-15.03
Other Non-Operating Income (Expenses)	-	-	-	-	-3.91	-5.15
EBT Excluding Unusual Items	1,578	2,367	3,500	3,670	2,827	4,301
Pretax Income	1,578	2,367	3,500	3,670	2,827	4,301
Income Tax Expense	63.68	101.38	197.36	16.95	14.05	110.13
Earnings From Continuing Ops.	1,514	2,266	3,302	3,653	2,813	4,191
Net Income to Company	1,514	2,266	3,302	3,653	2,813	4,191
Net Income	1,514	2,266	3,302	3,653	2,813	4,191
Net Income to Common	1,514	2,266	3,302	3,653	2,813	4,191
Net Income Growth	-57.58%	-31.39%	-9.61%	29.88%	-32.89%	-6.98%
Shares Outstanding (Basic)	8,370	8,400	8,400	8,400	8,400	8,400
Shares Outstanding (Diluted)	8,370	8,400	8,400	8,400	8,400	8,400
Shares Change (YoY)	-0.30%	-	-	-	-	-
EPS (Basic)	0.18	0.27	0.39	0.43	0.33	0.50
EPS (Diluted)	0.18	0.27	0.39	0.43	0.33	0.50
EPS Growth	-57.45%	-31.39%	-9.61%	29.88%	-32.89%	-6.98%
Free Cash Flow	-771.98	256.08	-2,570	-1,675	547.8	1,337
Free Cash Flow Per Share	-0.09	0.03	-0.31	-0.20	0.07	0.16
Dividend Per Share	0.070	0.070	0.160	0.240	0.240	0.250
Dividend Growth	-56.25%	-56.25%	-33.33%	-	-4.00%	-7.41%
Profit Margin	17.82%	24.99%	30.73%	33.24%	27.58%	37.85%
Free Cash Flow Margin	-9.08%	2.83%	-23.92%	-15.24%	5.37%	12.07%
EBITDA	3,172	3,721	4,580	4,628	3,814	5,360
EBITDA Margin	37.33%	41.04%	42.62%	42.11%	37.40%	48.40%
D&A For EBITDA	1,162	1,088	992.95	976.22	956.3	879.79
EBIT	2,010	2,633	3,587	3,651	2,858	4,480
EBIT Margin	23.66%	29.04%	33.38%	33.23%	28.02%	40.46%
Effective Tax Rate	4.04%	4.28%	5.64%	0.46%	0.50%	2.56%
Revenue as Reported	8,498	9,066	10,747	10,990	10,200	11,074

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