Real Estate 11 JSC (HNX:D11)

Real Estate 11 JSC Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	133,605	106,294	34,876	298,506	188,227	397,428
Revenue Growth (YoY)	75.55%	204.77%	-88.32%	58.59%	-52.64%	102.63%
Cost of Revenue	118,459	90,285	15,847	223,191	143,697	354,345
Gross Profit	15,145	16,009	19,030	75,315	44,531	43,083
Selling, General & Admin	12,866	14,909	10,996	18,218	12,249	11,222
Operating Expenses	12,866	14,909	10,996	18,218	12,249	11,222
Operating Income	2,279	1,100	8,034	57,097	32,281	31,861
Interest Expense	-4,249	-4,226	-5,532	-4,528	-484.43	-467.3
Interest & Investment Income	12,812	6,314	737.4	4,079	7,952	6,503
Other Non Operating Income (Expenses)	2,041	4,146	70.76	49.51	-35.1	-4,418
EBT Excluding Unusual Items	12,882	7,334	3,310	56,698	39,714	33,479
Gain (Loss) on Sale of Investments	-6,019	-2,523	2,429	-	-	-
Pretax Income	6,980	4,812	5,739	56,698	39,714	33,479
Income Tax Expense	1,406	914.7	999.04	11,266	5,580	5,861
Net Income	5,575	3,897	4,740	45,431	34,134	27,617
Preferred Dividends & Other Adjustments	1,097	754.54	1,136	-	-	-
Net Income to Common	4,478	3,142	3,604	45,431	34,134	27,617
Net Income Growth	-	-17.79%	-89.57%	33.10%	23.59%	97.25%
Shares Outstanding (Basic)	8	8	8	10	10	10
Shares Outstanding (Diluted)	8	8	8	10	10	10
Shares Change (YoY)	10.15%	-	-16.15%	-0.10%	1.79%	-3.68%
EPS (Basic)	544.81	382.35	438.52	4634.89	3478.95	2865.12
EPS (Diluted)	544.64	382.14	438.39	4634.89	3478.95	2865.12
EPS Growth	-	-12.83%	-90.54%	33.23%	21.43%	104.79%
Free Cash Flow	32,628	-18,118	23,865	-8,782	-136,178	134,219
Free Cash Flow Per Share	3970.01	-2204.53	2903.74	-895.97	-13879.52	13924.40
Gross Margin	11.34%	15.06%	54.56%	25.23%	23.66%	10.84%
Operating Margin	1.71%	1.03%	23.03%	19.13%	17.15%	8.02%
Profit Margin	3.35%	2.96%	10.33%	15.22%	18.13%	6.95%
Free Cash Flow Margin	24.42%	-17.05%	68.43%	-2.94%	-72.35%	33.77%
EBITDA	4,861	3,376	12,297	61,481	34,752	33,242
EBITDA Margin	3.64%	3.18%	35.26%	20.60%	18.46%	8.36%
D&A For EBITDA	2,582	2,276	4,264	4,384	2,470	1,381
EBIT	2,279	1,100	8,034	57,097	32,281	31,861
EBIT Margin	1.71%	1.03%	23.03%	19.13%	17.15%	8.02%
Effective Tax Rate	20.14%	19.01%	17.41%	19.87%	14.05%	17.51%
Revenue as Reported	133,605	106,294	34,876	298,506	188,227	397,428

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