HNX:MAS Income Statement

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

Millions VND. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Jan '25 Jan 1, 2025	Jan '24 Jan 1, 2024	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	224,846	177,231	145,321	104,849	45,086
Revenue Growth (YoY)	26.87%	21.96%	38.60%	132.55%	-81.87%
Cost of Revenue	187,596	145,256	120,218	90,726	52,918
Gross Profit	37,251	31,976	25,103	14,123	-7,832
Selling, General & Admin	29,023	24,451	20,458	11,259	10,183
Operating Expenses	29,023	24,451	20,458	11,259	10,183
Operating Income	8,228	7,524	4,645	2,864	-18,015
Interest Expense	-240.33	-482.75	-1,112	-1,073	-1,039
Interest & Investment Income	456.32	144.15	64.49	14.88	49.3
Currency Exchange Gain (Loss)	252.23	111.46	-0.18	-	-
Other Non Operating Income (Expenses)	-439.5	-460.49	-491.79	-579.75	4,167
EBT Excluding Unusual Items	8,256	6,836	3,106	1,226	-14,837
Gain (Loss) on Sale of Assets	967.85	469.09	546.7	-	-
Pretax Income	9,224	7,306	3,652	1,226	-14,837
Income Tax Expense	575.94	-	-	-	-
Net Income	8,648	7,306	3,652	1,226	-14,837
Preferred Dividends & Other Adjustments	1,235	3,449	808	-	-
Net Income to Common	7,413	3,857	2,844	1,226	-14,837
Net Income Growth	18.38%	100.03%	197.82%	-	-
Shares Outstanding (Basic)	4	4	4	4	4
Shares Outstanding (Diluted)	4	4	4	4	4
Shares Change (YoY)	-	-	-	0.24%	-0.24%
EPS (Basic)	1737.05	903.74	666.48	287.36	-3485.00
EPS (Diluted)	1737.00	903.74	666.00	287.36	-3485.00
EPS Growth	92.20%	35.70%	131.76%	-	-
Free Cash Flow	10,329	15,814	4,970	-3,998	-5,566
Free Cash Flow Per Share	2420.33	3705.60	1164.57	-936.87	-1307.34
Gross Margin	16.57%	18.04%	17.27%	13.47%	-17.37%
Operating Margin	3.66%	4.25%	3.20%	2.73%	-39.96%
Profit Margin	3.30%	2.18%	1.96%	1.17%	-32.91%
Free Cash Flow Margin	4.59%	8.92%	3.42%	-3.81%	-12.35%
EBITDA	14,468	14,406	13,554	13,169	-3,471
EBITDA Margin	6.44%	8.13%	9.33%	12.56%	-7.70%
D&A For EBITDA	6,241	6,882	8,909	10,305	14,544
EBIT	8,228	7,524	4,645	2,864	-18,015
EBIT Margin	3.66%	4.25%	3.20%	2.73%	-39.96%
Effective Tax Rate	6.24%	-	-	-	-
Revenue as Reported	224,846	177,231	145,321	104,849	45,086

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