X20 JSC Income Statement

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

Millions VND. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Jan '24 Jan 1, 2024	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	1,278,653	1,301,770	1,034,395	1,143,871	963,557	774,931
Revenue Growth (YoY)	13.94%	25.85%	-9.57%	18.71%	24.34%	-
Cost of Revenue	1,036,952	1,062,229	863,918	958,596	791,851	625,576
Gross Profit	241,701	239,541	170,477	185,275	171,706	149,354
Selling, General & Admin	177,022	184,748	146,207	157,391	144,423	123,649
Operating Expenses	177,022	184,748	146,207	157,391	144,423	123,649
Operating Income	64,679	54,793	24,270	27,883	27,282	25,705
Interest Expense	-679.84	-0.49	-25.98	-883.61	-1,721	-4,102
Interest & Investment Income	2,967	1,574	2,941	2,020	992.64	344.14
Earnings From Equity Investments	670.1	623.8	502.53	270.7	341.81	206.34
Currency Exchange Gain (Loss)	560.61	609.27	245.87	-	-	-
Other Non Operating Income (Expenses)	987.56	-288.78	-1,064	-991.97	-2,700	-647.57
EBT Excluding Unusual Items	69,184	57,311	26,869	28,298	24,196	21,506
Gain (Loss) on Sale of Assets	283.66	244.62	74.29	-	-	-
Pretax Income	69,468	57,556	26,944	28,298	24,196	21,506
Income Tax Expense	12,721	12,332	6,563	6,136	5,633	5,189
Net Income	56,746	45,224	20,380	22,162	18,563	16,317
Preferred Dividends & Other Adjustments	506.01	506.01	4,458	-	-	-
Net Income to Common	56,240	44,718	15,922	22,162	18,563	16,317
Net Income Growth	120.96%	121.90%	-8.04%	19.39%	13.77%	-
Shares Outstanding (Basic)	17	17	17	-	-	-
Shares Outstanding (Diluted)	17	17	17	-	-	-
EPS (Basic)	3260.30	2592.33	923.04	-	-	-
EPS (Diluted)	3260.30	2592.33	923.04	-	-	-
EPS Growth	-	180.85%	-	-	-	-
Free Cash Flow	-42,813	171,005	-54,710	12,610	89,328	109,994
Free Cash Flow Per Share	-2481.93	9913.31	-3171.60	-	-	-
Dividend Per Share	-	-	600.000	-	-	-
Gross Margin	18.90%	18.40%	16.48%	16.20%	17.82%	19.27%
Operating Margin	5.06%	4.21%	2.35%	2.44%	2.83%	3.32%
Profit Margin	4.40%	3.44%	1.54%	1.94%	1.93%	2.11%
Free Cash Flow Margin	-3.35%	13.14%	-5.29%	1.10%	9.27%	14.19%
EBITDA	112,878	88,404	54,066	58,269	64,596	54,213
EBITDA Margin	8.83%	6.79%	5.23%	5.09%	6.70%	7.00%
D&A For EBITDA	48,199	33,611	29,796	30,386	37,314	28,507
EBIT	64,679	54,793	24,270	27,883	27,282	25,705
EBIT Margin	5.06%	4.21%	2.35%	2.44%	2.83%	3.32%
Effective Tax Rate	18.31%	21.43%	24.36%	21.68%	23.28%	24.13%
Revenue as Reported	1,278,653	1,301,770	1,034,395	1,143,871	963,557	774,931

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