Viet First Securities 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 2017	FY 2016
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '17 Dec 31, 2017	Dec '16 Dec 31, 2016
Interest and Dividend Income	1,934	1,934	2,292	0.01	82.58	969.22
Total Interest Expense	201,337	186,269	43,530	1,399	4,388	-
Net Interest Income	-199,403	-184,335	-41,238	-1,399	-4,306	969.22
Brokerage Commission	76,995	71,883	48,823	45,291	8,536	3,095
Trading & Principal Transactions	-591.29	-186.53	-1,699	-1,391	-	-
Asset Management Fee	15,468	14,854	4,341	3,290	5,377	396.94
Underwriting & Investment Banking Fee	50	50	-	2,110	349.35	33.08
Gain on Sale of Investments (Rev)	276,380	265,764	126,848	96,187	10,603	6,135
Other Revenue	175,183	154,591	96,638	53,137	8,693	12,078
Revenue	344,082	322,621	233,713	197,225	29,253	22,706
Revenue Growth (YoY)	42.53%	38.04%	18.50%	574.21%	28.83%	-
Cost of Services Provided	142,077	125,938	78,448	57,520	17,016	13,517
Total Operating Expenses	141,909	125,629	78,505	56,996	17,016	13,517
Operating Income	202,173	196,992	155,209	140,230	12,237	9,190
Other Non-Operating Income (Expenses)	726.57	765.17	14,728	44,508	3,321	721.06
EBT Excluding Unusual Items	202,900	197,757	169,937	184,738	15,558	9,911
Gain (Loss) on Sale of Investments	-24,861	-11,982	-13,849	-77,583	-2,007	-5,846
Pretax Income	178,039	185,775	156,088	107,155	1,784	1,054
Income Tax Expense	35,276	36,825	30,916	21,499	21.24	705.28
Net Income	142,762	148,950	125,172	85,656	1,763	348.7
Net Income to Common	142,762	148,950	125,172	85,656	1,763	348.7
Net Income Growth	10.01%	19.00%	46.13%	4758.57%	405.59%	-
Shares Outstanding (Basic)	140	139	149	73	16	16
Shares Outstanding (Diluted)	140	139	149	73	16	16
Shares Change (YoY)	-8.63%	-6.57%	104.05%	364.14%	0.00%	-
EPS (Basic)	1019.97	1069.00	839.33	1171.98	111.96	22.15
EPS (Diluted)	1019.97	1069.00	839.33	1171.98	111.96	22.15
EPS Growth	20.40%	27.36%	-28.38%	946.79%	405.57%	-
Free Cash Flow	578,169	-752,923	-1,963,330	-833,209	-7,542	29,721
Free Cash Flow Per Share	4130.74	-5403.64	-13164.96	-11400.39	-478.99	1887.49
Operating Margin	58.76%	61.06%	66.41%	71.10%	41.83%	40.47%
Profit Margin	41.49%	46.17%	53.56%	43.43%	6.03%	1.54%
Free Cash Flow Margin	168.03%	-233.38%	-840.06%	-422.47%	-25.78%	130.89%
Effective Tax Rate	19.81%	19.82%	19.81%	20.06%	1.19%	66.92%
Revenue as Reported	546,010	509,076	278,943	200,015	33,641	22,706

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