Macstar Group Income Statement

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

Millions VND. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2019	FY 2018
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018
Revenue	299,903	253,625	124,491	76,243	157,114	180,668
Revenue Growth (YoY)	102.59%	103.73%	63.28%	-51.47%	-13.04%	-
Cost of Revenue	268,682	226,953	113,952	58,964	131,180	149,897
Gross Profit	31,221	26,672	10,540	17,279	25,934	30,771
Selling, General & Admin	31,967	28,161	16,966	9,815	16,337	16,884
Operating Expenses	31,967	28,161	16,966	9,815	16,337	16,884
Operating Income	-745.96	-1,490	-6,426	7,464	9,596	13,887
Interest Expense	-9,000	-9,000	-399.94	-891.3	-1,946	-1,953
Interest & Investment Income	4,012	4,012	6,771	40,221	6,974	2,005
Currency Exchange Gain (Loss)	8.33	8.33	36.98	-	-	-
Other Non Operating Income (Expenses)	23,168	8,258	-1,500	913.31	142.08	-889.08
EBT Excluding Unusual Items	17,442	1,788	-1,518	47,707	14,767	13,050
Gain (Loss) on Sale of Investments	76,366	76,366	55,335	-	-	-
Pretax Income	93,808	78,154	53,818	47,707	14,767	13,050
Income Tax Expense	11,702	12,324	11,324	5,653	2,772	2,313
Earnings From Continuing Operations	82,106	65,831	42,494	42,054	11,995	10,736
Minority Interest in Earnings	-18,315	-12,589	6,492	253.47	-	-
Net Income	63,791	53,241	48,986	42,307	11,995	10,736
Preferred Dividends & Other Adjustments	2,130	2,130	1,959	-	-	-
Net Income to Common	61,661	51,111	47,027	42,307	11,995	10,736
Net Income Growth	25.54%	8.69%	15.79%	252.70%	11.72%	-
Shares Outstanding (Basic)	30	23	23	23	23	22
Shares Outstanding (Diluted)	30	23	23	23	23	22
Shares Change (YoY)	47.38%	0.26%	-0.02%	-0.02%	3.40%	-
EPS (Basic)	2056.87	2244.92	2070.80	1862.67	528.00	488.67
EPS (Diluted)	2056.87	2244.92	2070.80	1862.67	528.00	488.67
EPS Growth	-14.36%	8.41%	11.17%	252.78%	8.05%	-
Free Cash Flow	-437,127	-286,374	57,388	-56,136	20,473	3,870
Free Cash Flow Per Share	-14581.53	-12578.14	2527.05	-2471.48	901.18	176.16
Gross Margin	10.41%	10.52%	8.47%	22.66%	16.51%	17.03%
Operating Margin	-0.25%	-0.59%	-5.16%	9.79%	6.11%	7.69%
Profit Margin	20.56%	20.15%	37.77%	55.49%	7.63%	5.94%
Free Cash Flow Margin	-145.76%	-112.91%	46.10%	-73.63%	13.03%	2.14%
EBITDA	16,620	12,859	376.4	11,247	14,943	19,448
EBITDA Margin	5.54%	5.07%	0.30%	14.75%	9.51%	10.76%
D&A For EBITDA	17,366	14,349	6,802	3,783	5,347	5,562
EBIT	-745.96	-1,490	-6,426	7,464	9,596	13,887
EBIT Margin	-0.25%	-0.59%	-5.16%	9.79%	6.11%	7.69%
Effective Tax Rate	12.47%	15.77%	21.04%	11.85%	18.77%	17.73%
Revenue as Reported	299,903	253,625	124,491	76,243	157,114	180,668

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