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	Dec '24 Dec 31, 2024	Jan '24 Jan 1, 2024	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	224,869	177,231	145,321	104,849	45,086
Revenue Growth (YoY)	26.88%	21.96%	38.60%	132.55%	-81.87%
Cost of Revenue	187,399	145,256	120,218	90,726	52,918
Gross Profit	37,470	31,976	25,103	14,123	-7,832
Selling, General & Admin	28,628	24,451	20,458	11,259	10,183
Operating Expenses	28,628	24,451	20,458	11,259	10,183
Operating Income	8,842	7,524	4,645	2,864	-18,015
Interest Expense	-205.03	-482.75	-1,112	-1,073	-1,039
Interest & Investment Income	444.82	311.87	64.49	14.88	49.3
Currency Exchange Gain (Loss)	252.23	-56.25	-0.18	-	-
Other Non Operating Income (Expenses)	-1,033	-460.49	-491.79	-579.75	4,167
EBT Excluding Unusual Items	8,301	6,836	3,106	1,226	-14,837
Gain (Loss) on Sale of Assets	967.85	469.09	546.7	-	-
Pretax Income	9,269	7,306	3,652	1,226	-14,837
Income Tax Expense	566.42	-	-	-	-
Net Income	8,702	7,306	3,652	1,226	-14,837
Preferred Dividends & Other Adjustments	1,355	3,449	808	-	-
Net Income to Common	7,348	3,857	2,844	1,226	-14,837
Net Income Growth	19.12%	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)	1721.67	903.74	666.48	287.36	-3485.00
EPS (Diluted)	1721.67	903.74	666.00	287.36	-3485.00
EPS Growth	90.50%	35.70%	131.76%	-	-
Free Cash Flow	10,163	15,814	4,970	-3,998	-5,566
Free Cash Flow Per Share	2381.45	3705.60	1164.57	-936.87	-1307.34
Gross Margin	16.66%	18.04%	17.27%	13.47%	-17.37%
Operating Margin	3.93%	4.25%	3.20%	2.73%	-39.96%
Profit Margin	3.27%	2.18%	1.96%	1.17%	-32.91%
Free Cash Flow Margin	4.52%	8.92%	3.42%	-3.81%	-12.35%
EBITDA	15,082	14,369	13,554	13,169	-3,471
EBITDA Margin	6.71%	8.11%	9.33%	12.56%	-7.70%
D&A For EBITDA	6,241	6,845	8,909	10,305	14,544
EBIT	8,842	7,524	4,645	2,864	-18,015
EBIT Margin	3.93%	4.25%	3.20%	2.73%	-39.96%
Effective Tax Rate	6.11%	-	-	-	-
Revenue as Reported	224,869	177,231	145,321	104,849	45,086

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