DNSE Securities JSC (HOSE:DSE)

DNSE Securities JSC Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023
Period Ending	Dec 31, 2025	Dec 31, 2024	Jan 1, 2024
Interest and Dividend Income	36,102	-	-
Total Interest Expense	66,827	28,040	22,102
Net Interest Income	-30,726	-28,040	-22,102
Brokerage Commission	404,020	144,839	67,645
Trading & Principal Transactions	-502.65	-60.49	-122.29
Asset Management Fee	7,932	5,647	4,207
Underwriting & Investment Banking Fee	2,918	-	100
Gain on Sale of Investments (Rev)	439,198	292,899	353,835
Other Revenue	567,742	364,027	288,726
Revenue Before Loan Losses	1,390,583	779,312	692,289
Provision for Loan Losses	11,957	-2,394	4,971
Revenue	1,378,626	781,706	687,318
Revenue Growth (YoY)	76.36%	13.73%	-
Cost of Services Provided	660,851	340,186	212,990
Other Operating Expenses	360,846	192,447	207,427
Total Operating Expenses	1,021,697	532,633	420,417
Operating Income	356,929	249,073	266,902
Currency Exchange Gains	-	600	0.32
Other Non-Operating Income (Expenses)	8,506	18,906	18,560
EBT Excluding Unusual Items	365,434	268,579	285,462
Gain (Loss) on Sale of Investments	-25,209	-41,078	174.28
Pretax Income	340,225	227,501	285,636
Income Tax Expense	67,695	45,731	56,652
Net Income	272,530	181,771	228,984
Net Income to Common	272,530	181,771	228,984
Net Income Growth	49.93%	-20.62%	-
Shares Outstanding (Basic)	343	327	300
Shares Outstanding (Diluted)	343	327	300
Shares Change (YoY)	4.81%	8.96%	-
EPS (Basic)	795.47	556.07	763.28
EPS (Diluted)	795.47	556.07	763.28
EPS Growth	43.05%	-27.15%	-
Free Cash Flow	-4,679,199	-2,804,566	-777,322
Free Cash Flow Per Share	-13657.91	-8579.67	-2591.07
Dividend Per Share	700.000	-	-
Operating Margin	25.89%	31.86%	38.83%
Profit Margin	19.77%	23.25%	33.32%
Free Cash Flow Margin	-339.41%	-358.78%	-113.09%
Effective Tax Rate	19.90%	20.10%	19.83%
Revenue as Reported	1,457,912	807,412	714,514

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