Wice Logistics 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	4,656	4,099	3,699	7,103	7,637
Other Revenue	-	-	28.88	32.46	32.67
Revenue	4,656	4,099	3,728	7,135	7,669
Revenue Growth (YoY)	13.59%	9.97%	-47.75%	-6.97%	91.47%
Cost of Revenue	4,014	3,434	3,008	5,836	6,393
Gross Profit	642.03	665.05	720.29	1,299	1,276
Selling, General & Admin	541.63	566.93	467.66	526.79	494.79
Operating Expenses	541.63	566.93	467.66	526.79	494.79
Operating Income	100.41	98.11	252.64	771.74	781.16
Interest Expense	-10.43	-11.42	-22.6	-23.17	-15.31
Interest & Investment Income	-	-	5.62	2.96	0.39
Earnings From Equity Investments	-	-	-1.43	0.62	0.66
Other Non Operating Income (Expenses)	43.16	35.8	0.04	0.09	-0.09
EBT Excluding Unusual Items	133.14	122.49	234.27	752.23	766.81
Gain (Loss) on Sale of Investments	-	-	5.33	1.67	1.46
Pretax Income	133.14	122.49	239.61	753.9	768.27
Income Tax Expense	8.39	42.16	41.31	158.63	147.48
Earnings From Continuing Operations	124.75	80.33	198.3	595.26	620.79
Minority Interest in Earnings	-2.61	17.4	-33.98	-41.21	-85.26
Net Income	122.14	97.73	164.32	554.06	535.53
Net Income to Common	122.14	97.73	164.32	554.06	535.53
Net Income Growth	24.97%	-40.52%	-70.34%	3.46%	166.32%
Shares Outstanding (Basic)	641	641	645	652	652
Shares Outstanding (Diluted)	641	641	645	652	652
Shares Change (YoY)	-	-0.62%	-1.05%	-	-
EPS (Basic)	0.19	0.15	0.25	0.85	0.82
EPS (Diluted)	0.19	0.15	0.25	0.85	0.82
EPS Growth	24.97%	-40.15%	-70.03%	3.46%	166.32%
Free Cash Flow	254.28	45.8	161.97	798.96	557.91
Free Cash Flow Per Share	0.40	0.07	0.25	1.23	0.86
Dividend Per Share	0.140	0.140	0.240	0.440	0.230
Dividend Growth	-	-41.67%	-45.45%	91.30%	64.29%
Gross Margin	13.79%	16.22%	19.32%	18.20%	16.64%
Operating Margin	2.16%	2.39%	6.78%	10.82%	10.19%
Profit Margin	2.62%	2.38%	4.41%	7.76%	6.98%
Free Cash Flow Margin	5.46%	1.12%	4.35%	11.20%	7.27%
EBITDA	181.1	168.25	326.12	836.78	830.28
EBITDA Margin	3.89%	4.10%	8.75%	11.73%	10.83%
D&A For EBITDA	80.69	70.14	73.48	65.04	49.12
EBIT	100.41	98.11	252.64	771.74	781.16
EBIT Margin	2.16%	2.39%	6.78%	10.82%	10.18%
Effective Tax Rate	6.30%	34.42%	17.24%	21.04%	19.20%
Revenue as Reported	-	-	-	7,137	7,671

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