HNX:VE3 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 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Jan '25 Jan 1, 2025	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	188,507	169,544	170,871	89,294	117,098	126,773
Revenue Growth (YoY)	21.14%	-0.78%	91.36%	-23.75%	-7.63%	212.65%
Cost of Revenue	174,593	156,443	159,397	81,090	110,115	119,869
Gross Profit	13,913	13,100	11,474	8,204	6,982	6,905
Selling, General & Admin	8,250	6,824	7,333	4,603	4,555	4,465
Operating Expenses	8,250	6,824	7,333	4,603	4,555	4,465
Operating Income	5,664	6,277	4,142	3,601	2,427	2,440
Interest Expense	-7,119	-5,709	-3,543	-2,982	-1,897	-1,250
Interest & Investment Income	239.08	239.95	81.56	63.83	56.72	255.12
Other Non Operating Income (Expenses)	-110.51	155.65	254.15	27.66	-206.59	100.3
EBT Excluding Unusual Items	-1,326	963.37	934.41	710.52	380.95	1,545
Pretax Income	-1,326	963.37	934.41	710.52	380.95	1,545
Income Tax Expense	860.48	868.24	679.9	482.29	351.9	268.51
Net Income	-2,187	95.13	254.51	228.24	29.05	1,276
Preferred Dividends & Other Adjustments	-	-	25.45	-	-	-
Net Income to Common	-2,187	95.13	229.06	228.24	29.05	1,276
Net Income Growth	-	-62.62%	11.51%	685.76%	-97.72%	89.11%
Shares Outstanding (Basic)	1	1	1	1	1	1
Shares Outstanding (Diluted)	1	1	1	1	1	1
Shares Change (YoY)	1.41%	3.02%	-	-0.04%	0.03%	-0.07%
EPS (Basic)	-1617.02	69.97	173.57	172.94	22.00	967.00
EPS (Diluted)	-1617.02	69.97	173.57	172.94	22.00	967.00
EPS Growth	-	-59.69%	0.36%	686.11%	-97.72%	89.24%
Free Cash Flow	-66,107	-56,849	-20,941	-7,561	4,678	-6,754
Free Cash Flow Per Share	-48881.35	-41812.85	-15868.22	-5728.93	3543.03	-5117.22
Gross Margin	7.38%	7.73%	6.71%	9.19%	5.96%	5.45%
Operating Margin	3.00%	3.70%	2.42%	4.03%	2.07%	1.92%
Profit Margin	-1.16%	0.06%	0.13%	0.26%	0.03%	1.01%
Free Cash Flow Margin	-35.07%	-33.53%	-12.26%	-8.47%	4.00%	-5.33%
EBITDA	6,383	6,988	4,818	4,462	-	-
EBITDA Margin	3.39%	4.12%	2.82%	5.00%	-	-
D&A For EBITDA	719.6	711.05	676.87	861.52	-	-
EBIT	5,664	6,277	4,142	3,601	2,427	2,440
EBIT Margin	3.00%	3.70%	2.42%	4.03%	2.07%	1.92%
Effective Tax Rate	-	90.13%	72.76%	67.88%	92.38%	17.38%
Revenue as Reported	188,507	169,544	170,871	89,294	117,098	126,773

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