BKK:TSI Income Statement

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

Millions THB. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Premiums & Annuity Revenue	577.82	680.97	396.05	395.52	333.85	375.07
Total Interest & Dividend Income	15.45	15.75	9.23	6.65	6.49	5.7
Other Revenue	156.86	158.28	146.76	190.98	130.25	204.22
Total Revenue	750.13	855	552.04	593.16	470.59	584.98
Revenue Growth (YoY)	-31.15%	54.88%	-6.93%	26.05%	-19.56%	88.61%
Policy Benefits	172.42	300.96	237.46	196.77	157.69	204.15
Policy Acquisition & Underwriting Costs	318.46	318.46	347.54	242.61	231.69	229.68
Selling, General & Administrative	122.82	122.82	126.01	125.78	122.99	222.57
Other Operating Expenses	75.15	84.83	7.3	7.25	6.29	2.71
Total Operating Expenses	688.86	827.08	718.32	572.41	518.66	659.1
Operating Income	61.27	27.92	-166.28	20.74	-48.07	-74.12
Interest Expense	-1.85	-1.85	-2.2	-2.1	-2.8	-0.5
Other Non Operating Income (Expenses)	0.86	-	-	-	-	-
EBT Excluding Unusual Items	60.28	26.07	-168.48	18.64	-50.87	-74.62
Pretax Income	60.28	26.07	-168.48	18.64	-50.87	-74.62
Income Tax Expense	22.91	22.92	-8.99	45.81	8.97	27.88
Net Income	37.37	3.15	-159.48	-27.16	-59.84	-102.5
Net Income to Common	37.37	3.15	-159.48	-27.16	-59.84	-102.5
Shares Outstanding (Basic)	1,836	1,854	1,903	1,900	1,906	2,050
Shares Outstanding (Diluted)	1,836	1,854	1,903	1,900	1,906	2,050
Shares Change (YoY)	-3.73%	-2.59%	0.19%	-0.32%	-7.04%	63.64%
EPS (Basic)	0.02	0.00	-0.08	-0.01	-0.03	-0.05
EPS (Diluted)	0.02	0.00	-0.08	-0.01	-0.03	-0.05
Free Cash Flow	-92.79	-62.4	64.62	-22.62	20.19	-103.26
Free Cash Flow Per Share	-0.05	-0.03	0.03	-0.01	0.01	-0.05
Operating Margin	8.17%	3.27%	-30.12%	3.50%	-10.21%	-12.67%
Profit Margin	4.98%	0.37%	-28.89%	-4.58%	-12.72%	-17.52%
Free Cash Flow Margin	-12.37%	-7.30%	11.71%	-3.81%	4.29%	-17.65%
EBITDA	63.45	31.7	-161.72	24.36	-44.62	-70.68
EBITDA Margin	8.46%	3.71%	-29.29%	4.11%	-9.48%	-12.08%
D&A For EBITDA	2.18	3.78	4.56	3.61	3.45	3.44
EBIT	61.27	27.92	-166.28	20.74	-48.07	-74.12
EBIT Margin	8.17%	3.26%	-30.12%	3.50%	-10.21%	-12.67%
Effective Tax Rate	38.01%	87.91%	-	245.69%	-	-
Revenue as Reported	855	855	552.04	593.16	470.59	584.98

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