DSC 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 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Jan '25 Jan 1, 2025	Jan '24 Jan 1, 2024	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Interest and Dividend Income	393,408	365,615	293,941	241,807	66,744	28,081
Total Interest Expense	183,580	150,450	71,933	100,847	42,154	5,019
Net Interest Income	209,827	215,165	222,009	140,960	24,591	23,062
Brokerage Commission	126,006	113,783	103,975	103,914	25,931	7,073
Trading & Principal Transactions	-	-	-	-0.87	-33.75	-1.35
Asset Management Fee	11,398	17,820	5,904	29,864	796.19	223.8
Underwriting & Investment Banking Fee	6,706	5,376	6,582	3,168	200	200
Gain on Sale of Investments (Rev)	186,388	169,708	92,458	59,483	73,186	20,174
Other Revenue	22,729	22,705	248.47	211.62	1.96	-
Revenue	563,055	544,557	431,176	337,599	124,672	50,732
Revenue Growth (YoY)	35.89%	26.30%	27.72%	170.79%	145.75%	779.30%
Cost of Services Provided	183,126	176,159	178,167	155,302	69,839	19,586
Other Operating Expenses	-14.76	-14.76	34.45	33,065	1,150	-2,441
Total Operating Expenses	183,111	176,144	178,201	188,367	70,989	17,145
Operating Income	379,944	368,413	252,975	149,232	53,683	33,587
Other Non-Operating Income (Expenses)	3,566	3,337	2,492	2,315	483.11	383.5
EBT Excluding Unusual Items	383,510	371,750	255,468	151,547	54,167	33,971
Gain (Loss) on Sale of Investments	-34,736	-27,724	-34,783	-1,381	-11,771	-2,797
Pretax Income	348,813	344,027	220,685	150,166	42,396	31,174
Income Tax Expense	69,672	68,832	43,865	30,249	8,949	6,322
Net Income	279,141	275,195	176,820	119,917	33,447	24,852
Preferred Dividends & Other Adjustments	-	-	3,335	9,000	-	-
Net Income to Common	279,141	275,195	173,485	110,917	33,447	24,852
Net Income Growth	62.60%	55.64%	47.45%	258.52%	34.58%	4931.83%
Shares Outstanding (Basic)	-	275	240	172	117	49
Shares Outstanding (Diluted)	-	275	240	172	117	49
Shares Change (YoY)	-	14.74%	39.04%	47.32%	140.73%	592.33%
EPS (Basic)	-	1000.71	723.87	643.50	285.87	511.35
EPS (Diluted)	-	1000.71	723.87	643.50	285.47	511.11
EPS Growth	-	38.24%	12.49%	125.42%	-44.15%	629.27%
Free Cash Flow	-1,759,822	-1,130,533	-1,082,514	-1,526,266	-556,243	-1,752,035
Free Cash Flow Per Share	-	-4111.03	-4516.84	-8854.89	-4754.21	-36049.01
Operating Margin	67.48%	67.65%	58.67%	44.20%	43.06%	66.20%
Profit Margin	49.58%	50.54%	40.23%	32.86%	26.83%	48.99%
Free Cash Flow Margin	-312.55%	-207.61%	-251.06%	-452.09%	-446.16%	-3453.49%
Effective Tax Rate	19.97%	20.01%	19.88%	20.14%	21.11%	20.28%
Revenue as Reported	746,636	695,007	503,109	438,447	166,860	55,752

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